Lender profile · HMDA 2023–2025
Fifth Third Bank, National Association mortgage approval rates & lending data
Fifth Third Bank, National Association decided 94,530 mortgage applications and funded 64,221 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% | 20,411 / 23,680 | 98% | $265K | 20,087 |
| Home improvement loans | 60% | 22,179 / 36,874 | 95% | $85K | 21,101 |
| Cash-out refinance | 69% | 3,422 / 4,960 | 98% | $155K | 3,362 |
| Refinance | 76% | 18,256 / 24,047 | 96% | $105K | 17,547 |
| Investment property purchase | 75% | 1,430 / 1,909 | 98% | $225K | 1,406 |
| Investment cash-out refinance | 67% | 186 / 278 | 99% | $135K | 184 |
| Investment refinance | 32% | 305 / 939 | 97% | $135K | 297 |
| Investment home improvement | 13% | 248 / 1,843 | 96% | $105K | 237 |
Fifth Third Bank, National Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Ohio | 74% | $105K | 29,925 | 21,456 |
| Michigan | 73% | $105K | 13,285 | 9,371 |
| Florida | 59% | $155K | 12,124 | 6,884 |
| Illinois | 66% | $155K | 11,524 | 7,374 |
| Indiana | 72% | $105K | 9,185 | 6,347 |
| North Carolina | 70% | $155K | 5,330 | 3,585 |
| Kentucky | 74% | $105K | 4,890 | 3,496 |
| Tennessee | 69% | $175K | 2,591 | 1,730 |
| Georgia | 62% | $205K | 2,113 | 1,249 |
| South Carolina | 81% | $465K | 1,978 | 1,583 |
| West Virginia | 67% | $105K | 165 | 107 |
| Texas | 69% | $465K | 154 | 105 |
| California | 76% | $905K | 153 | 114 |
| Pennsylvania | 76% | $275K | 138 | 101 |
| New York | 58% | $195K | 134 | 78 |
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.