Lender profile · HMDA 2023–2025
First PREMIER Bank mortgage approval rates & lending data
First PREMIER Bank decided 1,656 mortgage applications and funded 1,243 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 | 78% | 658 / 842 | 98% | $275K | 647 |
| Home improvement loans | 85% | 235 / 276 | 95% | $55K | 224 |
| Cash-out refinance | 32% | 36 / 114 | 97% | $185K | 35 |
| Refinance | 82% | 213 / 259 | 95% | $105K | 203 |
| Investment property purchase | 86% | 88 / 102 | 100% | $175K | 88 |
| Investment refinance | 94% | 32 / 34 | 97% | $185K | 31 |
First PREMIER Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| South Dakota | 83% | $275K | 1,499 | 1,215 |
| Texas | 0% | — | 20 | 0 |
| Florida | 26% | $245K | 19 | 5 |
| Iowa | 79% | $155K | 14 | 11 |
| Minnesota | 62% | $245K | 13 | 8 |
| California | 0% | — | 9 | 0 |
| Illinois | 0% | — | 8 | 0 |
| Georgia | 0% | — | 6 | 0 |
| Michigan | 0% | — | 6 | 0 |
| New York | 0% | — | 6 | 0 |
| Ohio | 0% | — | 6 | 0 |
| Arizona | 60% | $375K | 5 | 3 |
| Pennsylvania | 0% | — | 5 | 0 |
| Maryland | 0% | — | 4 | 0 |
| Massachusetts | 0% | — | 3 | 0 |
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.