Lender profile · HMDA 2023–2025
The First Bank mortgage approval rates & lending data
The First Bank decided 1,609 mortgage applications and funded 1,361 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 | 86% | 567 / 663 | 98% | $195K | 558 |
| Home improvement loans | 66% | 173 / 262 | 100% | $65K | 173 |
| Cash-out refinance | 77% | 20 / 26 | 90% | $165K | 18 |
| Refinance | 87% | 227 / 262 | 100% | $105K | 226 |
| Investment property purchase | 97% | 170 / 176 | 100% | $245K | 170 |
| Investment refinance | 99% | 196 / 198 | 100% | $105K | 196 |
The First Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Mississippi | 84% | $195K | 441 | 368 |
| Florida | 85% | $295K | 343 | 287 |
| Alabama | 89% | $105K | 337 | 296 |
| Louisiana | 87% | $135K | 297 | 256 |
| Georgia | 82% | $125K | 185 | 149 |
| Tennessee | 100% | $125K | 2 | 2 |
| Illinois | 0% | — | 1 | 0 |
| North Carolina | 100% | $755K | 1 | 1 |
| South Carolina | 100% | $235K | 1 | 1 |
| Texas | 100% | $505K | 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.