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Neal Communities Funding, LLC

MAITLAND, FL

Neal Communities Funding, LLC processed 565 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 453 loans with a 5.3% denial rate. Home Purchase was the primary loan purpose. Based in MAITLAND, FL. The approval rate of 80.2% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Neal Communities Funding, LLC's 80.2% origination rate tells you how often an application turned into funded money; the 5.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Employment history, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (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.

565
Applications
453
Originated
5.3%
Denial Rate
$374,965
Avg Loan Amount
Avg Interest Rate: 6.784% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 500 410 22 $368,680
FHA 36 24 6 $413,611
VA 27 19 0 $440,185
USDA 2 0 2 $370,000

Top loan types - Neal Communities Funding, LLC

Top loan types - Neal Communities Funding, LLC Horizontal bar chart of the top 4 items by value (applications). Top loan types - Neal Communities Funding, LLC Top 4 1. Conventional 500 2. FHA 36 3. VA 27 4. USDA 2 Top 5 loan types by application volume at Neal Communities Funding, LLC (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 Neal Communities Funding, LLC (LEI: 549300NZLFJGIDOXDW97) · 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

Debt-to-income ratio
23
Employment history
6
Other
5
Credit history
4
Credit application incomplete
2
Insufficient cash
1
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 565 453 $374,965

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 478 82.4% 4.6%
Joint * 15 73.3% 6.7%
Asian * 8 75.0% 12.5%
Black or African American * 8 37.5% 37.5%
2 or more minority races * 1 100.0% 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 445 81.8% 4.7%
Hispanic or Latino * 35 71.4% 14.3%
Joint * 29 69.0% 10.3%

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

Nearby Lenders in FL

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

Freedom Mortgage Corporation

BOCA RATON, FL

252,504 apps 57,345 originated 4.9% denied

Lakeview Loan Servicing, LLC

Coral Gables, FL

96,650 apps 10,540 originated 25.2% denied

Triad Financial Services, INC.

JACKSONVILLE, FL

86,581 apps 12,731 originated 55.6% denied

Lennar Mortgage, LLC

MIAMI, FL

75,233 apps 55,530 originated 12.4% denied

Phh Mortgage Corporation

West Palm Beach, FL

62,326 apps 4,770 originated 3.4% denied
Compare Neal Communities Funding, LLC vs Freedom Mortgage Corporation →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Neal Communities Funding, LLC process?
Neal Communities Funding, LLC processed 565 mortgage applications in the 2024 HMDA reporting year. Of these, 453 were originated (approved and funded), 61 were withdrawn by the applicant, and 30 were denied.
What is Neal Communities Funding, LLC's mortgage approval rate?
Neal Communities Funding, LLC has an approval (origination) rate of 80.2%, meaning 80.2% of all applications resulted in a funded mortgage. The denial rate is 5.3%.
What is the average loan amount at Neal Communities Funding, LLC?
The average mortgage loan amount at Neal Communities Funding, LLC is $374,965. The average interest rate is 6.784%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at Neal Communities Funding, LLC?
The most common reasons for mortgage denial at Neal Communities Funding, LLC are: Debt-to-income ratio, Employment history, Other. In total, 30 applications were denied out of 565 total applications.
What types of mortgage loans does Neal Communities Funding, LLC offer?
Neal Communities Funding, LLC processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 500 applications and an average loan amount of $368,680.
What loan purposes does Neal Communities Funding, LLC serve?
Neal Communities Funding, LLC serves the following loan purposes: Home Purchase (565 applications). Home Purchase is the most common purpose.
Where is Neal Communities Funding, LLC located?
Neal Communities Funding, LLC is headquartered in MAITLAND, FL. The lender is identified by LEI 549300NZLFJGIDOXDW97 in HMDA data.
How does Neal Communities Funding, LLC compare in lending across racial demographics?
Neal Communities Funding, LLC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 82.4% and denial rate of 4.6%; Joint applicants have an approval rate of 73.3% and denial rate of 6.7%; Asian applicants have an approval rate of 75.0% and denial rate of 12.5%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

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.