BankFirst Financial Services mortgage approval rate & lending review
BankFirst Financial Services decided 1,101 mortgage applications and funded 1,040 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions BankFirst Financial Services reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
BankFirst Financial Services at a glance
Approval is 14.4 points above the 82.0% 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 | 98% | 398 / 408 | 99% | $275K | 395 |
| Home improvement loans | 82% | 65 / 79 | 98% | $85K | 64 |
| Refinance | 92% | 108 / 118 | 98% | $105K | 106 |
| Investment property purchase | 100% | 285 / 286 | 95% | $195K | 272 |
| Investment refinance | 100% | 170 / 170 | 99% | $105K | 168 |
| Investment home improvement | 100% | 25 / 25 | 100% | $135K | 25 |
BankFirst Financial Services lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Alabama | 97% | $215K | 576 | 554 |
| Mississippi | 95% | $155K | 490 | 451 |
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 BankFirst Financial Services lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Tuscaloosa County, AL | Mortgage lenders | 97% | 227 | 219 |
| Tuscaloosa County, AL | Investment property purchase | 100% | 95 | 93 |
| Tuscaloosa County, AL | Investment refinance | 100% | 64 | 63 |
| Madison County, MS | Mortgage lenders | 100% | 44 | 44 |
| Rankin County, MS | Investment property purchase | 100% | 46 | 44 |
| Rankin County, MS | Mortgage lenders | 100% | 42 | 42 |
| Tuscaloosa County, AL | Home improvement loans | 89% | 35 | 31 |
| Tuscaloosa County, AL | Refinance | 91% | 33 | 30 |
| DeSoto County, MS | Refinance | 91% | 32 | 29 |
| Hinds County, MS | Investment property purchase | 100% | 34 | 28 |
| Madison County, MS | Investment property purchase | 97% | 29 | 28 |
| DeSoto County, MS | Investment refinance | 100% | 27 | 27 |
The county markets where BankFirst Financial Services made the most loans. Each link opens that market with every lender ranked.
Questions about BankFirst Financial Services
What is BankFirst Financial Services's mortgage approval rate?
BankFirst Financial Services approved 96.4% of the 1,101 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 14.4 points above the 82.0% national rate for the same mix of loan types.
How often do borrowers take the loan BankFirst Financial Services offers?
Borrowers accepted 98% of the loans BankFirst Financial Services 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 BankFirst Financial Services make?
The typical home purchase mortgage loan BankFirst Financial Services made was $275K; across all loan types its typical loan ran from $85K to $275K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does BankFirst Financial Services lend?
BankFirst Financial Services decided applications in 9 of the states Fat Boy Data covers, most of them in Alabama, Mississippi and Florida.
Can I apply to BankFirst Financial Services directly?
Yes. BankFirst Financial Services is a bank or credit union with 50 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show BankFirst Financial Services'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 BankFirst Financial Services treats applications, then get a rate quote from the lender.