Lender profile · HMDA 2023–2025
Legends Bank mortgage approval rates & lending data
Legends Bank decided 855 mortgage applications and funded 822 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% | 611 / 618 | 99% | $295K | 605 |
| Cash-out refinance | 83% | 34 / 41 | 100% | $315K | 34 |
| Refinance | 92% | 46 / 50 | 100% | $265K | 46 |
| Investment property purchase | 98% | 108 / 110 | 97% | $195K | 105 |
Legends Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 98% | $295K | 769 | 743 |
| Alabama | 87% | $295K | 46 | 39 |
| Florida | 100% | $285K | 12 | 12 |
| Georgia | 100% | $305K | 6 | 6 |
| Kentucky | 100% | $285K | 6 | 6 |
| North Carolina | 100% | $305K | 3 | 3 |
| Texas | 100% | $225K | 3 | 3 |
| Colorado | 100% | $285K | 2 | 2 |
| Pennsylvania | 100% | $375K | 2 | 2 |
| Arizona | 100% | $575K | 1 | 1 |
| Arkansas | 100% | $245K | 1 | 1 |
| Connecticut | 100% | $145K | 1 | 1 |
| Illinois | 100% | $65K | 1 | 1 |
| Ohio | 100% | $335K | 1 | 1 |
| South Carolina | 100% | $305K | 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.