Sundae Funding

El Segundo, CA

Sundae Funding processed 529 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 513 loans with a 0.0% denial rate. Home Improvement was the primary loan purpose. Based in El Segundo, CA. The approval rate of 97.0% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Sundae Funding's 97.0% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (529 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.

529
Applications
513
Originated
0.0%
Denial Rate
$513,204
Avg Loan Amount
Avg Interest Rate: 10.377%

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 529 513 0 $513,204

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Sundae Funding (LEI: 984500C3963FSB42CA10) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 492 477 $515,508
Refinancing 37 36 $482,568

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Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Sundae Funding process?
Sundae Funding processed 529 mortgage applications in the 2024 HMDA reporting year. Of these, 513 were originated (approved and funded), 15 were withdrawn by the applicant, and 0 were denied.
What is Sundae Funding's mortgage approval rate?
Sundae Funding has an approval (origination) rate of 97.0%, meaning 97.0% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at Sundae Funding?
The average mortgage loan amount at Sundae Funding is $513,204. The average interest rate is 10.377%.
What types of mortgage loans does Sundae Funding offer?
Sundae Funding processes Conventional loans. The most common type is Conventional with 529 applications and an average loan amount of $513,204.
What loan purposes does Sundae Funding serve?
Sundae Funding serves the following loan purposes: Home Improvement (492 applications), Refinancing (37 applications). Home Improvement is the most common purpose.
Where is Sundae Funding located?
Sundae Funding is headquartered in El Segundo, CA. The lender is identified by LEI 984500C3963FSB42CA10 in HMDA data.

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.