First Palmetto Bank mortgage approval rate & lending review
First Palmetto Bank decided 1,280 mortgage applications and funded 1,216 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Palmetto Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Palmetto Bank at a glance
Approval is 11.7 points above the 84.9% 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 | 97% | 897 / 922 | 98% | $255K | 883 |
| Cash-out refinance | 98% | 61 / 62 | 100% | $245K | 61 |
| Refinance | 95% | 125 / 131 | 97% | $255K | 121 |
| Investment property purchase | 94% | 112 / 119 | 99% | $255K | 111 |
First Palmetto Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| South Carolina | 97% | $255K | 1,229 | 1,168 |
| North Carolina | 96% | $265K | 27 | 25 |
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 Palmetto Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Richland County, SC | Mortgage lenders | 99% | 297 | 288 |
| Lexington County, SC | Mortgage lenders | 97% | 242 | 234 |
| Greenville County, SC | Mortgage lenders | 97% | 117 | 114 |
| Richland County, SC | Refinance | 96% | 45 | 42 |
| Richland County, SC | Investment property purchase | 97% | 33 | 32 |
| Aiken County, SC | Mortgage lenders | 97% | 34 | 31 |
| Lexington County, SC | Refinance | 94% | 31 | 29 |
The county markets where First Palmetto Bank made the most loans. Each link opens that market with every lender ranked.
Questions about First Palmetto Bank
What is First Palmetto Bank's mortgage approval rate?
First Palmetto Bank approved 96.6% of the 1,280 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.7 points above the 84.9% national rate for the same mix of loan types.
How often do borrowers take the loan First Palmetto Bank offers?
Borrowers accepted 98% of the loans First Palmetto 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 First Palmetto Bank make?
The typical home purchase mortgage loan First Palmetto Bank made was $255K; across all loan types its typical loan ran from $245K to $255K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Palmetto Bank lend?
First Palmetto Bank decided applications in 10 of the states Fat Boy Data covers, most of them in South Carolina, North Carolina and Georgia.
Can I apply to First Palmetto Bank directly?
Yes. First Palmetto Bank is a bank or credit union with 22 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First Palmetto 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 First Palmetto Bank treats applications, then get a rate quote from the lender.