First Republic Bank mortgage approval rate & lending review
First Republic Bank decided 5,231 mortgage applications and funded 4,898 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Republic Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to chase.com.
First Republic Bank at a glance
Approval is 13.9 points above the 82.8% 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 | 99% | 3,142 / 3,180 | 97% | $795K | 3,051 |
| Home improvement loans | 96% | 213 / 222 | 98% | $305K | 208 |
| Cash-out refinance | 96% | 257 / 269 | 98% | $855K | 251 |
| Refinance | 98% | 263 / 267 | 98% | $795K | 257 |
| Investment property purchase | 99% | 484 / 489 | 97% | $785K | 469 |
| Investment cash-out refinance | 98% | 168 / 171 | 88% | $975K | 148 |
| Investment refinance | 82% | 441 / 538 | 96% | $365K | 423 |
| Investment home improvement | 97% | 92 / 95 | 99% | $85K | 91 |
First Republic Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 96% | $795K | 3,351 | 3,127 |
| New York | 98% | $615K | 884 | 836 |
| Massachusetts | 99% | $705K | 438 | 424 |
| Florida | 97% | $845K | 210 | 197 |
| New Jersey | 99% | $685K | 85 | 79 |
| Oregon | 100% | $245K | 80 | 76 |
| Washington | 100% | $865K | 49 | 48 |
| Arizona | 100% | $505K | 25 | 7 |
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 Republic Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Los Angeles County, CA | Mortgage lenders | 99% | 557 | 539 |
| New York County, NY | Mortgage lenders | 96% | 287 | 266 |
| Kings County, NY | Mortgage lenders | 99% | 262 | 255 |
| Alameda County, CA | Mortgage lenders | 99% | 257 | 242 |
| San Francisco County, CA | Mortgage lenders | 99% | 241 | 234 |
| Santa Clara County, CA | Mortgage lenders | 100% | 165 | 156 |
| Suffolk County, MA | Mortgage lenders | 99% | 150 | 145 |
| San Francisco County, CA | Investment refinance | 100% | 128 | 128 |
| San Mateo County, CA | Mortgage lenders | 99% | 124 | 121 |
| Alameda County, CA | Investment refinance | 100% | 115 | 115 |
| Los Angeles County, CA | Investment property purchase | 98% | 110 | 102 |
| Contra Costa County, CA | Mortgage lenders | 98% | 104 | 99 |
The county markets where First Republic Bank made the most loans. Each link opens that market with every lender ranked.
Questions about First Republic Bank
What is First Republic Bank's mortgage approval rate?
First Republic Bank approved 96.7% of the 5,231 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 13.9 points above the 82.8% national rate for the same mix of loan types.
How often do borrowers take the loan First Republic Bank offers?
Borrowers accepted 97% of the loans First Republic 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 Republic Bank make?
The typical home purchase mortgage loan First Republic Bank made was $795K; across all loan types its typical loan ran from $85K to $975K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Republic Bank lend?
First Republic Bank decided applications in 26 of the states Fat Boy Data covers, most of them in California, New York and Massachusetts.
Can I apply to First Republic Bank directly?
Yes. First Republic Bank reports as a direct lender that takes applications from borrowers. Its website is chase.com.
Does this page show First Republic 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 Republic Bank treats applications, then get a rate quote from the lender.