Lender profile · HMDA 2023–2025
1st Summit Bank mortgage approval rates & lending data
1st Summit Bank decided 839 mortgage applications and funded 676 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 85% | 322 / 379 | 99% | $125K | 318 |
| Home improvement loans | 73% | 98 / 135 | 100% | $25K | 98 |
| Refinance | 75% | 146 / 195 | 99% | $55K | 144 |
| Investment property purchase | 97% | 73 / 75 | 97% | $85K | 71 |
| Investment refinance | 90% | 36 / 40 | 97% | $135K | 35 |
1st Summit Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 82% | $125K | 833 | 671 |
| Florida | 100% | $235K | 2 | 2 |
| Arizona | 100% | $415K | 1 | 1 |
| Ohio | 100% | $215K | 1 | 1 |
| Rhode Island | 100% | $455K | 1 | 1 |
| South Carolina | 0% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.