Lender profile · HMDA 2023–2025
HomeTown Bank mortgage approval rates & lending data
HomeTown Bank decided 315 mortgage applications and funded 299 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 | 97% | 112 / 115 | 100% | $335K | 112 |
| Cash-out refinance | 93% | 55 / 59 | 100% | $135K | 55 |
| Refinance | 100% | 44 / 44 | 93% | $245K | 41 |
| Investment property purchase | 100% | 53 / 53 | 100% | $235K | 53 |
HomeTown Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 97% | $245K | 310 | 294 |
| South Dakota | 100% | $185K | 3 | 3 |
| Florida | 100% | $175K | 2 | 2 |
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.