Lender profile · HMDA 2023–2025
Bankwest, Inc. mortgage approval rates & lending data
Bankwest, Inc. decided 1,272 mortgage applications and funded 467 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 | 33% | 368 / 1,127 | 100% | $85K | 367 |
| Home improvement loans | 56% | 18 / 32 | 100% | $45K | 18 |
| Cash-out refinance | 76% | 28 / 37 | 100% | $75K | 28 |
| Investment property purchase | 70% | 32 / 46 | 100% | $185K | 32 |
Bankwest, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 20% | $75K | 812 | 165 |
| South Dakota | 69% | $85K | 403 | 278 |
| North Dakota | 22% | $55K | 18 | 4 |
| Nebraska | 45% | $75K | 11 | 5 |
| Iowa | 11% | $225K | 9 | 1 |
| Montana | 62% | $205K | 8 | 5 |
| Arizona | 100% | $105K | 4 | 4 |
| Colorado | 100% | $375K | 2 | 2 |
| Florida | 100% | $345K | 1 | 1 |
| Maine | 100% | $455K | 1 | 1 |
| Oklahoma | 0% | — | 1 | 0 |
| Texas | 0% | — | 1 | 0 |
| Wyoming | 100% | $85K | 1 | 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.