Lender profile · HMDA 2023–2025
Lakeland Bank mortgage approval rates & lending data
Lakeland Bank decided 2,125 mortgage applications and funded 1,487 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 | 88% | 790 / 897 | 93% | $395K | 734 |
| Home improvement loans | 61% | 405 / 666 | 96% | $105K | 390 |
| Refinance | 71% | 271 / 380 | 97% | $145K | 262 |
| Investment property purchase | 73% | 62 / 85 | 92% | $385K | 57 |
| Investment refinance | 54% | 19 / 35 | 100% | $475K | 19 |
| Investment home improvement | 27% | 11 / 41 | 100% | $95K | 11 |
Lakeland Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New Jersey | 75% | $395K | 2,047 | 1,446 |
| New York | 47% | $135K | 58 | 25 |
| Pennsylvania | 80% | $215K | 10 | 8 |
| Florida | 88% | $255K | 8 | 7 |
| Oregon | 0% | — | 1 | 0 |
| South Carolina | 100% | $425K | 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.