Lender profile · HMDA 2023–2025
BankPlus mortgage approval rates & lending data
BankPlus decided 5,220 mortgage applications and funded 4,181 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 | 90% | 1,878 / 2,084 | 83% | $305K | 1,564 |
| Home improvement loans | 81% | 615 / 758 | 96% | $75K | 589 |
| Cash-out refinance | 66% | 50 / 76 | 78% | $225K | 39 |
| Refinance | 90% | 803 / 892 | 94% | $125K | 754 |
| Investment property purchase | 94% | 756 / 808 | 90% | $245K | 677 |
| Investment refinance | 98% | 486 / 498 | 98% | $135K | 474 |
| Investment home improvement | 87% | 86 / 99 | 95% | $75K | 82 |
BankPlus lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Mississippi | 90% | $75K | 3,032 | 2,492 |
| Louisiana | 90% | $195K | 904 | 735 |
| Alabama | 89% | $255K | 712 | 538 |
| Florida | 88% | $315K | 420 | 291 |
| Tennessee | 93% | $285K | 67 | 56 |
| Georgia | 91% | $355K | 22 | 17 |
| Texas | 86% | $375K | 21 | 16 |
| South Carolina | 88% | $155K | 8 | 6 |
| Illinois | 100% | $525K | 4 | 4 |
| North Carolina | 100% | $285K | 4 | 4 |
| Oklahoma | 100% | $655K | 4 | 3 |
| Arkansas | 67% | $235K | 3 | 2 |
| Kentucky | 100% | $255K | 3 | 3 |
| Missouri | 100% | $305K | 3 | 3 |
| Arizona | 100% | $305K | 2 | 1 |
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.