Lender profile · HMDA 2023–2025
Servbank, N.A.tional Association mortgage approval rates & lending data
Servbank, N.A.tional Association decided 1,765 mortgage applications and funded 344 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 | 91% | 259 / 285 | 100% | $275K | 258 |
| Cash-out refinance | 2% | 20 / 1,242 | 95% | $405K | 19 |
| Refinance | 18% | 35 / 191 | 97% | $235K | 34 |
| Investment property purchase | 90% | 28 / 31 | 100% | $245K | 28 |
Servbank, N.A.tional Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 23% | $335K | 190 | 43 |
| California | 12% | $335K | 165 | 20 |
| Illinois | 81% | $275K | 140 | 112 |
| North Carolina | 1% | $255K | 87 | 1 |
| Arizona | 34% | $235K | 74 | 24 |
| Virginia | 17% | $505K | 66 | 11 |
| South Carolina | 6% | $245K | 62 | 4 |
| Georgia | 13% | $335K | 61 | 7 |
| Nevada | 12% | $325K | 56 | 7 |
| Colorado | 20% | $455K | 51 | 10 |
| Maryland | 12% | $295K | 51 | 6 |
| New Jersey | 0% | — | 49 | 0 |
| New York | 26% | $285K | 42 | 11 |
| Pennsylvania | 10% | $105K | 42 | 4 |
| Michigan | 8% | $235K | 39 | 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.