Lender profile · HMDA 2023–2025
STAR Financial Bank mortgage approval rates & lending data
STAR Financial Bank decided 2,313 mortgage applications and funded 1,441 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 | 83% | 378 / 453 | 82% | $215K | 309 |
| Home improvement loans | 73% | 613 / 840 | 87% | $55K | 535 |
| Cash-out refinance | 66% | 564 / 850 | 88% | $75K | 496 |
| Refinance | 72% | 69 / 96 | 88% | $165K | 61 |
| Investment property purchase | 90% | 38 / 42 | 82% | $215K | 31 |
| Investment cash-out refinance | 36% | 10 / 28 | 80% | $75K | 8 |
STAR Financial Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Indiana | 72% | $75K | 2,280 | 1,418 |
| Florida | 80% | $225K | 10 | 6 |
| Ohio | 75% | $155K | 8 | 6 |
| Arizona | 100% | $485K | 3 | 3 |
| Illinois | 100% | $245K | 2 | 1 |
| Michigan | 50% | $305K | 2 | 1 |
| North Carolina | 100% | $205K | 2 | 2 |
| Tennessee | 100% | $735K | 2 | 1 |
| Colorado | 100% | $255K | 1 | 1 |
| Kentucky | 100% | $255K | 1 | 1 |
| Montana | 100% | $905K | 1 | 1 |
| South Carolina | 100% | — | 1 | 0 |
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.