First Equity Mortgage Incorporated mortgage approval rate & lending review
First Equity Mortgage Incorporated decided 4,276 mortgage applications and funded 3,593 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Equity Mortgage Incorporated reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to firstequity.com.
First Equity Mortgage Incorporated at a glance
Approval is 3.5 points below the 87.6% 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 | 84% | 3,503 / 4,166 | 100% | $505K | 3,503 |
| Investment property purchase | 80% | 74 / 93 | 100% | $255K | 74 |
First Equity Mortgage Incorporated lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 83% | $605K | 1,228 | 1,019 |
| Ohio | 85% | $435K | 938 | 799 |
| Kentucky | 85% | $355K | 721 | 615 |
| Tennessee | 85% | $525K | 388 | 330 |
| North Carolina | 79% | $485K | 281 | 223 |
| Indiana | 90% | $495K | 280 | 252 |
| Virginia | 76% | $645K | 239 | 181 |
| Florida | 86% | $505K | 194 | 167 |
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 First Equity Mortgage Incorporated lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Boone County, KY | Mortgage lenders | 85% | 413 | 350 |
| Collin County, TX | Mortgage lenders | 81% | 312 | 254 |
| Kenton County, KY | Mortgage lenders | 87% | 277 | 240 |
| Hamilton County, IN | Mortgage lenders | 91% | 201 | 183 |
| Lorain County, OH | Mortgage lenders | 93% | 179 | 167 |
| Williamson County, TN | Mortgage lenders | 86% | 181 | 155 |
| Medina County, OH | Mortgage lenders | 92% | 167 | 153 |
| Warren County, OH | Mortgage lenders | 77% | 154 | 119 |
| Clermont County, OH | Mortgage lenders | 94% | 119 | 112 |
| St. Johns County, FL | Mortgage lenders | 93% | 100 | 93 |
| Butler County, OH | Mortgage lenders | 75% | 112 | 84 |
| Prince William County, VA | Mortgage lenders | 73% | 109 | 80 |
The county markets where First Equity Mortgage Incorporated made the most loans. Each link opens that market with every lender ranked.
Questions about First Equity Mortgage Incorporated
What is First Equity Mortgage Incorporated's mortgage approval rate?
First Equity Mortgage Incorporated approved 84.0% of the 4,276 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.5 points below the 87.6% national rate for the same mix of loan types.
How often do borrowers take the loan First Equity Mortgage Incorporated offers?
Borrowers accepted 100% of the loans First Equity Mortgage Incorporated 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 First Equity Mortgage Incorporated make?
The typical home purchase mortgage loan First Equity Mortgage Incorporated made was $505K; across all loan types its typical loan ran from $255K to $505K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Equity Mortgage Incorporated lend?
First Equity Mortgage Incorporated decided applications in 9 of the states Fat Boy Data covers, most of them in Texas, Ohio and Kentucky.
Can I apply to First Equity Mortgage Incorporated directly?
Yes. First Equity Mortgage Incorporated reports as a direct lender that takes applications from borrowers. Its website is firstequity.com.
Does this page show First Equity Mortgage Incorporated'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 First Equity Mortgage Incorporated treats applications, then get a rate quote from the lender.