Lender profile · HMDA 2023–2025
Lake Elmo Bank mortgage approval rates & lending data
Lake Elmo Bank decided 291 mortgage applications and funded 272 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 | 98% | 127 / 130 | 98% | $365K | 125 |
| Home improvement loans | 96% | 44 / 46 | 93% | $55K | 41 |
| Refinance | 94% | 59 / 63 | 98% | $115K | 58 |
| Investment property purchase | 96% | 45 / 47 | 96% | $285K | 43 |
Lake Elmo Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 96% | $285K | 285 | 266 |
| Florida | 100% | $535K | 3 | 3 |
| Arizona | 100% | $265K | 1 | 1 |
| Pennsylvania | 100% | $725K | 1 | 1 |
| Wisconsin | 100% | $175K | 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.