Lender profile · HMDA 2023–2025
TowneBank mortgage approval rates & lending data
TowneBank decided 12,510 mortgage applications and funded 11,567 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 | 96% | 8,602 / 8,947 | 99% | $385K | 8,505 |
| Home improvement loans | 83% | 890 / 1,074 | 94% | $115K | 837 |
| Cash-out refinance | 85% | 338 / 396 | 99% | $325K | 333 |
| Refinance | 90% | 667 / 737 | 95% | $225K | 632 |
| Investment property purchase | 96% | 1,093 / 1,135 | 98% | $235K | 1,072 |
| Investment cash-out refinance | 89% | 73 / 82 | 97% | $195K | 71 |
| Investment refinance | 91% | 86 / 94 | 97% | $255K | 83 |
| Investment home improvement | 82% | 37 / 45 | 92% | $135K | 34 |
TowneBank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 96% | $385K | 4,103 | 3,894 |
| Virginia | 94% | $315K | 3,761 | 3,427 |
| North Carolina | 93% | $355K | 3,410 | 3,126 |
| South Carolina | 91% | $355K | 323 | 285 |
| Florida | 94% | $345K | 178 | 166 |
| Pennsylvania | 98% | $255K | 164 | 157 |
| Louisiana | 86% | $245K | 128 | 110 |
| District of Columbia | 91% | $485K | 101 | 90 |
| Alabama | 95% | $275K | 83 | 79 |
| Delaware | 94% | $305K | 67 | 63 |
| Georgia | 78% | $505K | 50 | 39 |
| Mississippi | 94% | $275K | 36 | 32 |
| Texas | 97% | $365K | 36 | 35 |
| West Virginia | 89% | $275K | 27 | 24 |
| Colorado | 94% | $435K | 18 | 17 |
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.