Lender profile · HMDA 2023–2025
The Bank of Canton mortgage approval rates & lending data
The Bank of Canton decided 810 mortgage applications and funded 678 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 | 94% | 439 / 466 | 99% | $455K | 435 |
| Home improvement loans | 39% | 22 / 57 | 100% | $35K | 22 |
| Cash-out refinance | 48% | 16 / 33 | 100% | $335K | 16 |
| Refinance | 91% | 53 / 58 | 94% | $505K | 50 |
| Investment property purchase | 85% | 141 / 165 | 95% | $555K | 134 |
| Investment refinance | 68% | 17 / 25 | 94% | $555K | 16 |
The Bank of Canton lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 85% | $455K | 770 | 643 |
| Rhode Island | 92% | $305K | 12 | 11 |
| New Hampshire | 88% | $635K | 8 | 7 |
| Florida | 83% | $305K | 6 | 4 |
| Maine | 100% | $505K | 3 | 3 |
| Connecticut | 100% | $165K | 2 | 1 |
| Illinois | 100% | $345K | 2 | 2 |
| Maryland | 100% | $315K | 2 | 2 |
| Vermont | 100% | $365K | 2 | 2 |
| Indiana | 100% | $765K | 1 | 1 |
| Michigan | 100% | $1.99M | 1 | 1 |
| North Carolina | 100% | $215K | 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.