Lender profile · HMDA 2023–2025
Members 1St mortgage approval rates & lending data
Members 1St decided 21,225 mortgage applications and funded 13,702 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 | 75% | 1,895 / 2,523 | 97% | $225K | 1,831 |
| Home improvement loans | 63% | 7,626 / 12,030 | 97% | $55K | 7,395 |
| Cash-out refinance | 84% | 47 / 56 | 94% | $185K | 44 |
| Refinance | 69% | 4,192 / 6,060 | 98% | $95K | 4,087 |
| Investment property purchase | 84% | 205 / 245 | 97% | $145K | 198 |
| Investment refinance | 70% | 109 / 155 | 88% | $125K | 96 |
| Investment home improvement | 32% | 46 / 143 | 91% | $85K | 42 |
Members 1St lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 67% | $55K | 20,899 | 13,505 |
| Maryland | 55% | $75K | 211 | 110 |
| New Jersey | 68% | $215K | 28 | 19 |
| Delaware | 67% | $355K | 15 | 10 |
| Florida | 71% | $245K | 14 | 10 |
| North Carolina | 86% | $555K | 14 | 11 |
| Virginia | 88% | $395K | 8 | 7 |
| South Carolina | 100% | $175K | 7 | 7 |
| Illinois | 100% | $365K | 3 | 3 |
| New York | 100% | $345K | 3 | 3 |
| Colorado | 50% | $235K | 2 | 1 |
| Georgia | 100% | $315K | 2 | 2 |
| Indiana | 50% | $215K | 2 | 1 |
| Michigan | 100% | $625K | 2 | 2 |
| Nevada | 100% | $765K | 2 | 2 |
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.