Lender profile · HMDA 2023–2025
Mechanics Bank mortgage approval rates & lending data
Mechanics Bank decided 1,641 mortgage applications and funded 1,271 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 | 89% | 654 / 731 | 99% | $865K | 645 |
| Home improvement loans | 67% | 193 / 289 | 96% | $185K | 185 |
| Cash-out refinance | 65% | 86 / 133 | 98% | $425K | 84 |
| Refinance | 77% | 206 / 267 | 98% | $255K | 202 |
| Investment property purchase | 90% | 85 / 94 | 99% | $685K | 84 |
| Investment cash-out refinance | 65% | 22 / 34 | 86% | $545K | 19 |
| Investment refinance | 56% | 24 / 43 | 100% | $355K | 24 |
| Investment home improvement | 58% | 29 / 50 | 97% | $155K | 28 |
Mechanics Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 79% | $1M | 1,412 | 1,093 |
| Washington | 83% | $555K | 192 | 154 |
| Oregon | 71% | $285K | 24 | 17 |
| Hawaii | 62% | $245K | 8 | 5 |
| Arizona | 0% | — | 3 | 0 |
| Idaho | 100% | $445K | 1 | 1 |
| Nevada | 100% | $855K | 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.