Lender profile · HMDA 2023–2025
Bank Five Nine mortgage approval rates & lending data
Bank Five Nine decided 3,008 mortgage applications and funded 2,692 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% | 2,184 / 2,243 | 94% | $245K | 2,045 |
| Home improvement loans | 93% | 27 / 29 | 96% | $125K | 26 |
| Cash-out refinance | 88% | 184 / 210 | 89% | $205K | 164 |
| Refinance | 94% | 281 / 298 | 91% | $315K | 255 |
| Investment property purchase | 97% | 166 / 172 | 94% | $185K | 156 |
| Investment cash-out refinance | 86% | 31 / 36 | 94% | $215K | 29 |
Bank Five Nine lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Wisconsin | 96% | $245K | 2,883 | 2,581 |
| Illinois | 97% | $275K | 31 | 28 |
| Florida | 96% | $255K | 23 | 20 |
| Minnesota | 95% | $225K | 21 | 18 |
| Arizona | 100% | $375K | 9 | 8 |
| Tennessee | 100% | $695K | 6 | 5 |
| Colorado | 100% | $515K | 5 | 5 |
| Ohio | 100% | $175K | 5 | 5 |
| Texas | 75% | $365K | 4 | 3 |
| Alabama | 100% | $385K | 3 | 3 |
| Michigan | 100% | $165K | 3 | 3 |
| Missouri | 100% | $95K | 3 | 3 |
| North Carolina | 100% | $375K | 3 | 2 |
| Georgia | 100% | $245K | 2 | 2 |
| Pennsylvania | 100% | $835K | 2 | 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.