Lender profile · HMDA 2023–2025
Armstrong Bank mortgage approval rates & lending data
Armstrong Bank decided 1,147 mortgage applications and funded 975 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 | 97% | 179 / 185 | 84% | $295K | 150 |
| Home improvement loans | 83% | 213 / 258 | 90% | $95K | 192 |
| Refinance | 93% | 71 / 76 | 90% | $155K | 64 |
| Investment property purchase | 100% | 449 / 450 | 94% | $155K | 422 |
| Investment refinance | 100% | 113 / 113 | 81% | $165K | 92 |
| Investment home improvement | 97% | 61 / 63 | 89% | $75K | 54 |
Armstrong Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Oklahoma | 93% | $145K | 652 | 538 |
| Arkansas | 97% | $215K | 467 | 414 |
| Texas | 95% | $405K | 22 | 17 |
| California | 100% | $55K | 2 | 2 |
| Mississippi | 100% | $125K | 2 | 2 |
| Florida | 100% | $475K | 1 | 1 |
| Missouri | 100% | $265K | 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.