Lender profile · HMDA 2023–2025
First Independence Bank mortgage approval rates & lending data
First Independence Bank decided 313 mortgage applications and funded 277 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 | 92% | 218 / 236 | 100% | $425K | 218 |
| Refinance | 89% | 25 / 28 | 100% | $315K | 25 |
First Independence Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 89% | $425K | 248 | 218 |
| Minnesota | 93% | $45K | 57 | 52 |
| Illinois | 88% | $465K | 8 | 7 |
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.