Cogent Bank mortgage approval rate & lending review
Cogent Bank decided 327 mortgage applications and funded 290 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Cogent Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Cogent Bank at a glance
Approval is 9.1 points above the 84.8% 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 | 95% | 195 / 206 | 94% | $415K | 183 |
| Cash-out refinance | 88% | 22 / 25 | 91% | $505K | 20 |
| Investment property purchase | 94% | 59 / 63 | 95% | $315K | 56 |
Cogent Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 94% | $415K | 306 | 273 |
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.
Questions about Cogent Bank
What is Cogent Bank's mortgage approval rate?
Cogent Bank approved 93.9% of the 327 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.1 points above the 84.8% national rate for the same mix of loan types.
How often do borrowers take the loan Cogent Bank offers?
Borrowers accepted 94% of the loans Cogent Bank 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 Cogent Bank make?
The typical home purchase mortgage loan Cogent Bank made was $415K; across all loan types its typical loan ran from $315K to $505K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Cogent Bank lend?
Cogent Bank decided applications in 15 of the states Fat Boy Data covers, most of them in Florida, Pennsylvania and Tennessee.
Can I apply to Cogent Bank directly?
Yes. Cogent Bank is a bank or credit union with 10 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Cogent Bank'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 Cogent Bank treats applications, then get a rate quote from the lender.