1St State Financial, Ltd. mortgage approval rate & lending review
1St State Financial, Ltd. decided 318 mortgage applications and funded 279 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions 1St State Financial, Ltd. reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
1St State Financial, Ltd. at a glance
Approval is 4.2 points above the 84.5% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 90% | 170 / 189 | 99% | $135K | 169 |
| Refinance | 92% | 24 / 26 | 92% | $55K | 22 |
| Investment property purchase | 84% | 56 / 67 | 100% | $95K | 56 |
1St State Financial, Ltd. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 90% | $135K | 305 | 273 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where 1St State Financial, Ltd. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Saginaw County, MI | Mortgage lenders | 92% | 90 | 82 |
| Bay County, MI | Mortgage lenders | 89% | 79 | 70 |
| Saginaw County, MI | Investment property purchase | 89% | 46 | 41 |
The county markets where 1St State Financial, Ltd. made the most loans. Each link opens that market with every lender ranked.
Questions about 1St State Financial, Ltd.
What is 1St State Financial, Ltd.'s mortgage approval rate?
1St State Financial, Ltd. approved 88.7% of the 318 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 4.2 points above the 84.5% national rate for the same mix of loan types.
How often do borrowers take the loan 1St State Financial, Ltd. offers?
Borrowers accepted 99% of the loans 1St State Financial, Ltd. approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does 1St State Financial, Ltd. make?
The typical home purchase mortgage loan 1St State Financial, Ltd. made was $135K; across all loan types its typical loan ran from $55K to $135K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does 1St State Financial, Ltd. lend?
1St State Financial, Ltd. decided applications in 7 of the states Fat Boy Data covers, most of them in Michigan, Florida and South Carolina.
Can I apply to 1St State Financial, Ltd. directly?
Yes. 1St State Financial, Ltd. reports as a direct lender that takes applications from borrowers.
Does this page show 1St State Financial, Ltd.'s interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how 1St State Financial, Ltd. treats applications, then get a rate quote from the lender.