Lender profile · HMDA 2023–2025
First Republic Bank mortgage approval rates & lending data
First Republic Bank decided 5,231 mortgage applications and funded 4,898 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% | 3,142 / 3,180 | 97% | $795K | 3,051 |
| Home improvement loans | 96% | 213 / 222 | 98% | $305K | 208 |
| Cash-out refinance | 96% | 257 / 269 | 98% | $855K | 251 |
| Refinance | 98% | 263 / 267 | 98% | $795K | 257 |
| Investment property purchase | 99% | 484 / 489 | 97% | $785K | 469 |
| Investment cash-out refinance | 98% | 168 / 171 | 88% | $975K | 148 |
| Investment refinance | 82% | 441 / 538 | 96% | $365K | 423 |
| Investment home improvement | 97% | 92 / 95 | 99% | $85K | 91 |
First Republic Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 96% | $795K | 3,351 | 3,127 |
| New York | 98% | $615K | 884 | 836 |
| Massachusetts | 99% | $705K | 438 | 424 |
| Florida | 97% | $845K | 210 | 197 |
| New Jersey | 99% | $685K | 85 | 79 |
| Oregon | 100% | $245K | 80 | 76 |
| Washington | 100% | $865K | 49 | 48 |
| Arizona | 100% | $505K | 25 | 7 |
| Texas | 100% | $595K | 17 | 16 |
| Colorado | 100% | $555K | 15 | 14 |
| Hawaii | 100% | $1.50M | 11 | 11 |
| Nevada | 100% | $385K | 11 | 10 |
| Illinois | 100% | $815K | 9 | 9 |
| Rhode Island | 100% | $275K | 8 | 8 |
| New Hampshire | 100% | $305K | 6 | 6 |
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.