Lender profile · HMDA 2023–2025
The Farmers Bank mortgage approval rates & lending data
The Farmers Bank decided 682 mortgage applications and funded 555 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% | 179 / 200 | 79% | $325K | 141 |
| Refinance | 94% | 87 / 93 | 82% | $115K | 71 |
| Investment property purchase | 99% | 227 / 230 | 90% | $295K | 204 |
| Investment refinance | 100% | 109 / 109 | 94% | $255K | 102 |
The Farmers Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 94% | $295K | 667 | 542 |
| Kentucky | 90% | $165K | 10 | 8 |
| Alabama | 100% | $265K | 4 | 4 |
| Florida | 100% | $915K | 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.