Lender profile · HMDA 2023–2025
First American Bank mortgage approval rates & lending data
First American Bank decided 8,622 mortgage applications and funded 5,681 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 | 74% | 718 / 967 | 96% | $235K | 686 |
| Home improvement loans | 65% | 2,706 / 4,173 | 98% | $105K | 2,643 |
| Cash-out refinance | 61% | 226 / 369 | 92% | $205K | 209 |
| Refinance | 71% | 1,860 / 2,623 | 98% | $105K | 1,832 |
| Investment property purchase | 80% | 167 / 209 | 95% | $185K | 159 |
| Investment cash-out refinance | 55% | 78 / 141 | 91% | $175K | 71 |
| Investment refinance | 67% | 36 / 54 | 100% | $105K | 36 |
| Investment home improvement | 55% | 47 / 86 | 96% | $175K | 45 |
First American Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Illinois | 69% | $105K | 6,830 | 4,574 |
| Florida | 58% | $155K | 951 | 541 |
| Wisconsin | 69% | $105K | 450 | 303 |
| California | 66% | $105K | 64 | 42 |
| Indiana | 70% | $105K | 57 | 38 |
| Arizona | 83% | $205K | 35 | 29 |
| Michigan | 82% | $205K | 33 | 27 |
| South Carolina | 56% | $205K | 25 | 13 |
| Georgia | 76% | $195K | 21 | 16 |
| Colorado | 90% | $105K | 20 | 16 |
| Tennessee | 65% | $105K | 17 | 9 |
| Missouri | 50% | $95K | 14 | 7 |
| Minnesota | 92% | $55K | 13 | 12 |
| New Jersey | 69% | $65K | 13 | 8 |
| Washington | 38% | $235K | 13 | 5 |
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.