Lender profile · HMDA 2023–2025
Bell Bank mortgage approval rates & lending data
Bell Bank decided 25,071 mortgage applications and funded 23,530 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% | 18,222 / 18,786 | 100% | $335K | 18,133 |
| Home improvement loans | 85% | 1,942 / 2,273 | 98% | $75K | 1,910 |
| Cash-out refinance | 78% | 520 / 666 | 99% | $285K | 513 |
| Refinance | 88% | 1,760 / 1,996 | 99% | $335K | 1,744 |
| Investment property purchase | 94% | 1,038 / 1,104 | 99% | $275K | 1,030 |
| Investment cash-out refinance | 79% | 66 / 84 | 98% | $235K | 65 |
| Investment refinance | 84% | 90 / 107 | 99% | $265K | 89 |
| Investment home improvement | 85% | 47 / 55 | 98% | $205K | 46 |
Bell Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 96% | $335K | 14,169 | 13,527 |
| Arizona | 91% | $385K | 3,469 | 3,130 |
| Wisconsin | 93% | $385K | 1,792 | 1,664 |
| North Dakota | 94% | $255K | 1,327 | 1,238 |
| Florida | 92% | $335K | 1,246 | 1,134 |
| Missouri | 94% | $305K | 851 | 800 |
| Kansas | 95% | $355K | 739 | 694 |
| New Mexico | 96% | $305K | 473 | 447 |
| Tennessee | 83% | $375K | 289 | 240 |
| Colorado | 92% | $475K | 150 | 136 |
| Illinois | 92% | $235K | 124 | 114 |
| Texas | 93% | $405K | 82 | 75 |
| California | 98% | $695K | 50 | 47 |
| North Carolina | 92% | $315K | 36 | 33 |
| Georgia | 88% | $385K | 34 | 30 |
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.