Lender profile · HMDA 2023–2025
First Interstate Bank mortgage approval rates & lending data
First Interstate Bank decided 4,495 mortgage applications and funded 3,176 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 | 79% | 593 / 755 | 98% | $325K | 584 |
| Home improvement loans | 68% | 1,422 / 2,078 | 96% | $95K | 1,370 |
| Cash-out refinance | 66% | 72 / 109 | 100% | $155K | 72 |
| Refinance | 75% | 875 / 1,166 | 98% | $105K | 854 |
| Investment property purchase | 87% | 212 / 244 | 99% | $295K | 210 |
| Investment refinance | 73% | 45 / 62 | 98% | $255K | 44 |
| Investment home improvement | 54% | 37 / 69 | 97% | $105K | 36 |
First Interstate Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Montana | 76% | $105K | 1,272 | 944 |
| Oregon | 72% | $95K | 780 | 546 |
| Idaho | 72% | $105K | 636 | 448 |
| South Dakota | 74% | $65K | 400 | 289 |
| Nebraska | 69% | $55K | 382 | 255 |
| Washington | 59% | $135K | 257 | 147 |
| Iowa | 70% | $85K | 213 | 147 |
| Wyoming | 83% | $205K | 213 | 173 |
| Colorado | 71% | $155K | 157 | 107 |
| Arizona | 63% | $115K | 129 | 78 |
| Minnesota | 88% | $405K | 17 | 15 |
| Kansas | 62% | $75K | 13 | 8 |
| Missouri | 82% | $105K | 11 | 8 |
| North Dakota | 80% | $105K | 5 | 4 |
| Utah | 100% | $235K | 4 | 4 |
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.