Lender profile · HMDA 2023–2025
Merchants & Marine Bank mortgage approval rates & lending data
Merchants & Marine Bank decided 356 mortgage applications and funded 314 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 | 91% | 154 / 169 | 97% | $225K | 150 |
| Refinance | 92% | 35 / 38 | 97% | $45K | 34 |
| Investment property purchase | 90% | 35 / 39 | 97% | $95K | 34 |
| Investment refinance | 96% | 81 / 84 | 100% | $85K | 81 |
Merchants & Marine Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Mississippi | 89% | $95K | 164 | 144 |
| Alabama | 90% | $135K | 125 | 110 |
| Louisiana | 92% | $225K | 53 | 48 |
| Florida | 100% | $125K | 7 | 6 |
| Texas | 67% | $345K | 3 | 2 |
| Colorado | 100% | $655K | 2 | 2 |
| Georgia | 100% | $215K | 1 | 1 |
| Pennsylvania | 100% | $455K | 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.