Lender profile · HMDA 2023–2025
Hanover Community Bank mortgage approval rates & lending data
Hanover Community Bank decided 1,114 mortgage applications and funded 926 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 | 90% | 305 / 340 | 97% | $515K | 296 |
| Cash-out refinance | 67% | 34 / 51 | 97% | $635K | 33 |
| Investment property purchase | 89% | 522 / 584 | 98% | $635K | 509 |
| Investment cash-out refinance | 53% | 31 / 58 | 94% | $715K | 29 |
| Investment refinance | 76% | 29 / 38 | 100% | $575K | 29 |
Hanover Community Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 85% | $635K | 1,059 | 881 |
| New Jersey | 90% | $365K | 51 | 42 |
| Connecticut | 75% | $305K | 4 | 3 |
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.