Lender profile · HMDA 2023–2025
Royal Business Bank mortgage approval rates & lending data
Royal Business Bank decided 1,200 mortgage applications and funded 1,064 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% | 822 / 901 | 99% | $475K | 815 |
| Cash-out refinance | 75% | 40 / 53 | 100% | $485K | 40 |
| Refinance | 87% | 52 / 60 | 100% | $585K | 52 |
| Investment property purchase | 87% | 132 / 152 | 98% | $585K | 129 |
Royal Business Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 90% | $475K | 662 | 587 |
| California | 90% | $555K | 341 | 301 |
| Illinois | 91% | $265K | 88 | 80 |
| New Jersey | 91% | $385K | 66 | 59 |
| Nevada | 87% | $285K | 30 | 26 |
| Hawaii | 85% | $685K | 13 | 11 |
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.