First Technology mortgage approval rate & lending review
First Technology decided 15,148 mortgage applications and funded 10,584 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Technology reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Technology at a glance
Approval is 1.6 points below the 72.7% 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 | 74% | 3,486 / 4,705 | 98% | $425K | 3,425 |
| Home improvement loans | 73% | 4,270 / 5,873 | 99% | $95K | 4,213 |
| Cash-out refinance | 70% | 2,296 / 3,303 | 98% | $155K | 2,255 |
| Refinance | 64% | 436 / 679 | 96% | $465K | 417 |
| Investment property purchase | 57% | 155 / 272 | 100% | $245K | 155 |
| Investment cash-out refinance | 33% | 28 / 86 | 100% | $205K | 28 |
| Investment refinance | 63% | 31 / 49 | 100% | $215K | 31 |
| Investment home improvement | 34% | 61 / 181 | 98% | $55K | 60 |
First Technology lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 69% | $175K | 6,300 | 4,309 |
| New Hampshire | 77% | $75K | 1,939 | 1,476 |
| Texas | 64% | $555K | 1,035 | 645 |
| Georgia | 75% | $205K | 678 | 499 |
| California | 71% | $225K | 641 | 441 |
| New Jersey | 73% | $245K | 637 | 459 |
| Florida | 69% | $155K | 505 | 343 |
| North Carolina | 73% | $515K | 431 | 307 |
| Virginia | 73% | $255K | 284 | 202 |
| Illinois | 69% | $325K | 247 | 163 |
| Pennsylvania | 72% | $445K | 235 | 168 |
| Arizona | 74% | $425K | 187 | 138 |
| Colorado | 78% | $105K | 157 | 121 |
| New York | 58% | $115K | 151 | 88 |
| Rhode Island | 59% | $85K | 141 | 81 |
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 Technology lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Worcester County, MA | Home improvement loans | 72% | 1,054 | 756 |
| Middlesex County, MA | Home improvement loans | 74% | 1,017 | 737 |
| Hillsborough County, NH | Home improvement loans | 80% | 675 | 532 |
| Middlesex County, MA | Cash-out refinance | 72% | 599 | 421 |
| Worcester County, MA | Cash-out refinance | 70% | 567 | 396 |
| Worcester County, MA | Mortgage lenders | 74% | 491 | 358 |
| Middlesex County, MA | Mortgage lenders | 73% | 418 | 301 |
| Hillsborough County, NH | Cash-out refinance | 76% | 362 | 271 |
| Essex County, MA | Home improvement loans | 61% | 390 | 236 |
| Hillsborough County, NH | Mortgage lenders | 79% | 261 | 198 |
| Collin County, TX | Mortgage lenders | 68% | 267 | 179 |
| Rockingham County, NH | Home improvement loans | 75% | 229 | 172 |
The county markets where First Technology made the most loans. Each link opens that market with every lender ranked.
Questions about First Technology
What is First Technology's mortgage approval rate?
First Technology approved 71.1% of the 15,148 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.6 points below the 72.7% national rate for the same mix of loan types.
How often do borrowers take the loan First Technology offers?
Borrowers accepted 98% of the loans First Technology approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does First Technology make?
The typical home improvement loan loan First Technology made was $95K; across all loan types its typical loan ran from $55K to $465K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Technology lend?
First Technology decided applications in 48 of the states Fat Boy Data covers, most of them in Massachusetts, New Hampshire and Texas.
Can I apply to First Technology directly?
Yes. First Technology is a bank or credit union with 64 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First Technology'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 Technology treats applications, then get a rate quote from the lender.