Lender profile · HMDA 2023–2025
First State Bank (Michigan) mortgage approval rates & lending data
First State Bank (Michigan) decided 2,778 mortgage applications and funded 2,551 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 | 93% | 2,146 / 2,296 | 99% | $225K | 2,126 |
| Cash-out refinance | 87% | 91 / 105 | 97% | $185K | 88 |
| Refinance | 92% | 222 / 242 | 98% | $125K | 218 |
| Investment property purchase | 93% | 106 / 114 | 97% | $155K | 103 |
First State Bank (Michigan) lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 93% | $225K | 2,683 | 2,463 |
| Florida | 96% | $375K | 47 | 44 |
| Arizona | 83% | $335K | 6 | 5 |
| South Carolina | 100% | $355K | 6 | 6 |
| California | 100% | $155K | 5 | 5 |
| Ohio | 100% | $355K | 5 | 5 |
| Tennessee | 100% | $715K | 5 | 4 |
| North Carolina | 75% | $355K | 4 | 3 |
| Texas | 75% | $425K | 4 | 3 |
| Georgia | 100% | $375K | 3 | 3 |
| Illinois | 100% | $305K | 3 | 3 |
| Colorado | 100% | $445K | 2 | 2 |
| Indiana | 100% | $555K | 1 | 1 |
| Kansas | 100% | $715K | 1 | 1 |
| Massachusetts | 100% | $755K | 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.