Lender profile · HMDA 2023–2025
Presidential Bank, FSB mortgage approval rates & lending data
Presidential Bank, FSB decided 5,230 mortgage applications and funded 4,855 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 | 95% | 4,147 / 4,385 | 99% | $365K | 4,098 |
| Cash-out refinance | 85% | 218 / 255 | 97% | $315K | 211 |
| Refinance | 96% | 245 / 256 | 99% | $415K | 243 |
| Investment property purchase | 94% | 253 / 269 | 99% | $265K | 250 |
| Investment cash-out refinance | 82% | 40 / 49 | 98% | $215K | 39 |
Presidential Bank, FSB lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 96% | $415K | 1,219 | 1,154 |
| Virginia | 97% | $345K | 1,202 | 1,154 |
| Georgia | 91% | $365K | 997 | 886 |
| Florida | 90% | $325K | 352 | 314 |
| North Carolina | 94% | $315K | 286 | 267 |
| South Carolina | 93% | $275K | 181 | 167 |
| Pennsylvania | 94% | $345K | 153 | 143 |
| Alabama | 94% | $235K | 117 | 108 |
| Tennessee | 88% | $295K | 90 | 79 |
| New Jersey | 91% | $335K | 79 | 70 |
| New York | 91% | $545K | 75 | 66 |
| Texas | 87% | $345K | 52 | 45 |
| District of Columbia | 100% | $585K | 44 | 44 |
| Illinois | 98% | $255K | 42 | 40 |
| Connecticut | 100% | $385K | 30 | 30 |
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.