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Network Capital Funding Corporation

MIAMI, FL

Network Capital Funding Corporation processed 12,271 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,049 loans with a 14.5% denial rate. Cash-out Refinancing was the primary loan purpose. Based in MIAMI, FL. The approval rate of 8.5% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Network Capital Funding Corporation's 8.5% origination rate tells you how often an application turned into funded money; the 14.5% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (7,426 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.

12,271
Applications
1,049
Originated
14.5%
Denial Rate
$383,345
Avg Loan Amount
Avg Interest Rate: 6.635% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 7,426 611 917 $400,361
FHA 2,820 234 569 $335,273
VA 2,025 204 297 $387,889

Top loan types - Network Capital Funding Corporation

Top loan types - Network Capital Funding Corporation Horizontal bar chart of the top 3 items by value (applications). Top loan types - Network Capital Funding Corporation Top 3 1. Conventional 7,426 2. FHA 2,820 3. VA 2,025 Top 5 loan types by application volume at Network Capital Funding Corporation (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 Network Capital Funding Corporation (LEI: 549300GQDT484LGI9C04) · 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

Credit history
1,385
Debt-to-income ratio
434
Collateral
83
Unverifiable information
47
Other
41
Credit application incomplete
12
Employment history
7

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Cash-out Refinancing 9,971 829 $375,341
Refinancing 1,807 162 $414,436
Home Purchase 492 58 $431,728
Other 1 0 $205,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 6,980 9.4% 15.2%
Black or African American 960 6.6% 19.3%
Asian 457 5.3% 10.5%
Joint 77 5.2% 10.4%
American Indian or Alaska Native * 29 10.3% 10.3%
Native Hawaiian or Other Pacific Islander * 18 5.6% 33.3%
2 or more minority races * 4 50.0% 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 7,509 9.1% 15.7%
Hispanic or Latino 996 7.1% 14.7%
Joint 72 15.3% 18.1%

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 Network Capital Funding Corporation vs Freedom Mortgage Corporation →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Network Capital Funding Corporation process?
Network Capital Funding Corporation processed 12,271 mortgage applications in the 2024 HMDA reporting year. Of these, 1,049 were originated (approved and funded), 9,280 were withdrawn by the applicant, and 1,783 were denied.
What is Network Capital Funding Corporation's mortgage approval rate?
Network Capital Funding Corporation has an approval (origination) rate of 8.5%, meaning 8.5% of all applications resulted in a funded mortgage. The denial rate is 14.5%.
What is the average loan amount at Network Capital Funding Corporation?
The average mortgage loan amount at Network Capital Funding Corporation is $383,345. The average interest rate is 6.635%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at Network Capital Funding Corporation?
The most common reasons for mortgage denial at Network Capital Funding Corporation are: Credit history, Debt-to-income ratio, Collateral. In total, 1,783 applications were denied out of 12,271 total applications.
What types of mortgage loans does Network Capital Funding Corporation offer?
Network Capital Funding Corporation processes Conventional, FHA, VA loans. The most common type is Conventional with 7,426 applications and an average loan amount of $400,361.
What loan purposes does Network Capital Funding Corporation serve?
Network Capital Funding Corporation serves the following loan purposes: Cash-out Refinancing (9,971 applications), Refinancing (1,807 applications), Home Purchase (492 applications), Other (1 applications). Cash-out Refinancing is the most common purpose.
Where is Network Capital Funding Corporation located?
Network Capital Funding Corporation is headquartered in MIAMI, FL. The lender is identified by LEI 549300GQDT484LGI9C04 in HMDA data.
How does Network Capital Funding Corporation compare in lending across racial demographics?
Network Capital Funding Corporation reports demographic lending data under HMDA requirements. White applicants have an approval rate of 9.4% and denial rate of 15.2%; Black or African American applicants have an approval rate of 6.6% and denial rate of 19.3%; Asian applicants have an approval rate of 5.3% and denial rate of 10.5%. 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.