Lender profile · HMDA 2023–2025
Deerwood Bank mortgage approval rates & lending data
Deerwood Bank decided 1,001 mortgage applications and funded 950 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 | 99% | 344 / 349 | 97% | $285K | 332 |
| Home improvement loans | 94% | 385 / 409 | 99% | $75K | 382 |
| Refinance | 97% | 163 / 168 | 100% | $135K | 163 |
| Investment property purchase | 100% | 55 / 55 | 98% | $195K | 54 |
Deerwood Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 96% | $135K | 977 | 927 |
| Arizona | 100% | $445K | 5 | 5 |
| Colorado | 100% | $405K | 5 | 5 |
| Florida | 100% | $205K | 5 | 5 |
| Wisconsin | 100% | $115K | 3 | 3 |
| California | 100% | — | 1 | 0 |
| Connecticut | 100% | $635K | 1 | 1 |
| Indiana | 100% | $245K | 1 | 1 |
| Iowa | 100% | $285K | 1 | 1 |
| Kansas | 100% | $55K | 1 | 1 |
| North Carolina | 100% | $225K | 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.