First Farmers Bank & Trust Co. mortgage approval rate & lending review
First Farmers Bank & Trust Co. decided 590 mortgage applications and funded 385 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Farmers Bank & Trust Co. reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Farmers Bank & Trust Co. at a glance
Approval is 3.4 points above the 78.5% 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 | 83% | 225 / 272 | 76% | $255K | 172 |
| Home improvement loans | 82% | 72 / 88 | 96% | $55K | 69 |
| Cash-out refinance | 70% | 82 / 117 | 71% | $65K | 58 |
| Refinance | 81% | 26 / 32 | 73% | $205K | 19 |
| Investment property purchase | 98% | 54 / 55 | 85% | $95K | 46 |
First Farmers Bank & Trust Co. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Indiana | 82% | $205K | 555 | 361 |
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 Farmers Bank & Trust Co. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Vigo County, IN | Mortgage lenders | 77% | 86 | 49 |
| Tippecanoe County, IN | Mortgage lenders | 90% | 59 | 39 |
| Madison County, IN | Home improvement loans | 76% | 34 | 26 |
| Hamilton County, IN | Home improvement loans | 91% | 23 | 19 |
| Vigo County, IN | Investment property purchase | 100% | 20 | 19 |
| Madison County, IN | Cash-out refinance | 67% | 30 | 16 |
| Vigo County, IN | Cash-out refinance | 64% | 28 | 16 |
| Madison County, IN | Mortgage lenders | 69% | 32 | 15 |
| Hamilton County, IN | Cash-out refinance | 67% | 27 | 8 |
The county markets where First Farmers Bank & Trust Co. made the most loans. Each link opens that market with every lender ranked.
Questions about First Farmers Bank & Trust Co.
What is First Farmers Bank & Trust Co.'s mortgage approval rate?
First Farmers Bank & Trust Co. approved 81.9% of the 590 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.4 points above the 78.5% national rate for the same mix of loan types.
How often do borrowers take the loan First Farmers Bank & Trust Co. offers?
Borrowers accepted 80% of the loans First Farmers Bank & Trust Co. 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 Farmers Bank & Trust Co. make?
The typical home purchase mortgage loan First Farmers Bank & Trust Co. made was $255K; across all loan types its typical loan ran from $55K to $255K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Farmers Bank & Trust Co. lend?
First Farmers Bank & Trust Co. decided applications in 10 of the states Fat Boy Data covers, most of them in Indiana, Florida and Illinois.
Can I apply to First Farmers Bank & Trust Co. directly?
Yes. First Farmers Bank & Trust Co. is a bank or credit union with 37 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First Farmers Bank & Trust Co.'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 Farmers Bank & Trust Co. treats applications, then get a rate quote from the lender.