Mk Lending CORP

North Hollywood, CA

Mk Lending CORP processed 1,664 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 930 loans with a 1.1% denial rate. Home Purchase was the primary loan purpose. Based in North Hollywood, CA. The approval rate of 55.9% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Mk Lending CORP's 55.9% origination rate tells you how often an application turned into funded money; the 1.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Employment history, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,500 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,664
Applications
930
Originated
1.1%
Denial Rate
$592,175
Avg Loan Amount
Avg Interest Rate: 7.262% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,500 849 15 $598,780
FHA 162 81 3 $530,741
VA 2 0 0 $615,000

Top loan types - Mk Lending CORP

Top loan types - Mk Lending CORP Horizontal bar chart of the top 3 items by value (applications). Top loan types - Mk Lending CORP Top 3 1. Conventional 1,500 2. FHA 162 3. VA 2 Top 5 loan types by application volume at Mk Lending CORP (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Mk Lending CORP (LEI: 549300CXZHD5OTAISA91) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Collateral
6
Employment history
4
Other
3
Credit history
2
Mortgage insurance denied
1
Unverifiable information
1
Debt-to-income ratio
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,009 637 $622,552
Cash-out Refinancing 403 202 $498,747
Refinancing 252 91 $619,960

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
Asian 857 58.3% 0.7%
White 722 55.4% 1.4%
Black or African American * 33 42.4% 3.0%
Joint * 30 30.0% 3.3%
Native Hawaiian or Other Pacific Islander * 3 66.7% 0.0%
2 or more minority races * 2 50.0% 0.0%
American Indian or Alaska Native * 1 0.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,123 56.8% 1.1%
Hispanic or Latino 492 56.3% 1.0%
Joint * 21 42.9% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in CA

Other HMDA-reporting lenders in CA with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Mk Lending CORP process?
Mk Lending CORP processed 1,664 mortgage applications in the 2024 HMDA reporting year. Of these, 930 were originated (approved and funded), 695 were withdrawn by the applicant, and 18 were denied.
What is Mk Lending CORP's mortgage approval rate?
Mk Lending CORP has an approval (origination) rate of 55.9%, meaning 55.9% of all applications resulted in a funded mortgage. The denial rate is 1.1%.
What is the average loan amount at Mk Lending CORP?
The average mortgage loan amount at Mk Lending CORP is $592,175. The average interest rate is 7.262%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at Mk Lending CORP?
The most common reasons for mortgage denial at Mk Lending CORP are: Collateral, Employment history, Other. In total, 18 applications were denied out of 1,664 total applications.
What types of mortgage loans does Mk Lending CORP offer?
Mk Lending CORP processes Conventional, FHA, VA loans. The most common type is Conventional with 1,500 applications and an average loan amount of $598,780.
What loan purposes does Mk Lending CORP serve?
Mk Lending CORP serves the following loan purposes: Home Purchase (1,009 applications), Cash-out Refinancing (403 applications), Refinancing (252 applications). Home Purchase is the most common purpose.
Where is Mk Lending CORP located?
Mk Lending CORP is headquartered in North Hollywood, CA. The lender is identified by LEI 549300CXZHD5OTAISA91 in HMDA data.
How does Mk Lending CORP compare in lending across racial demographics?
Mk Lending CORP reports demographic lending data under HMDA requirements. Asian applicants have an approval rate of 58.3% and denial rate of 0.7%; White applicants have an approval rate of 55.4% and denial rate of 1.4%; Black or African American applicants have an approval rate of 42.4% and denial rate of 3.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.