Bank of Cleveland mortgage approval rate & lending review
Bank of Cleveland decided 495 mortgage applications and funded 481 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bank of Cleveland reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to builtwell.bank.
Bank of Cleveland at a glance
Approval is 13.6 points above the 84.0% 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 | 97% | 309 / 317 | 100% | $265K | 308 |
| Refinance | 100% | 44 / 44 | 100% | $165K | 44 |
| Investment property purchase | 100% | 51 / 51 | 100% | $155K | 51 |
| Investment refinance | 100% | 45 / 45 | 100% | $95K | 45 |
Bank of Cleveland lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 98% | $265K | 486 | 472 |
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 Bank of Cleveland lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Bradley County, TN | Mortgage lenders | 98% | 281 | 273 |
| Bradley County, TN | Refinance | 100% | 42 | 42 |
| Bradley County, TN | Investment property purchase | 100% | 38 | 38 |
| Bradley County, TN | Cash-out refinance | 80% | 20 | 16 |
The county markets where Bank of Cleveland made the most loans. Each link opens that market with every lender ranked.
Questions about Bank of Cleveland
What is Bank of Cleveland's mortgage approval rate?
Bank of Cleveland approved 97.6% of the 495 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 13.6 points above the 84.0% national rate for the same mix of loan types.
How often do borrowers take the loan Bank of Cleveland offers?
Borrowers accepted 100% of the loans Bank of Cleveland 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 Bank of Cleveland make?
The typical home purchase mortgage loan Bank of Cleveland made was $265K; across all loan types its typical loan ran from $95K to $265K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bank of Cleveland lend?
Bank of Cleveland decided applications in 7 of the states Fat Boy Data covers, most of them in Tennessee, Florida and Georgia.
Can I apply to Bank of Cleveland directly?
Yes. Bank of Cleveland reports as a direct lender that takes applications from borrowers. Its website is builtwell.bank.
Does this page show Bank of Cleveland'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 Bank of Cleveland treats applications, then get a rate quote from the lender.