Legends Bank mortgage approval rate & lending review
Legends Bank decided 855 mortgage applications and funded 822 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Legends Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Legends Bank at a glance
Approval is 11.8 points above the 85.4% 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% | 611 / 618 | 99% | $295K | 605 |
| Cash-out refinance | 83% | 34 / 41 | 100% | $315K | 34 |
| Refinance | 92% | 46 / 50 | 100% | $265K | 46 |
| Investment property purchase | 98% | 108 / 110 | 97% | $195K | 105 |
Legends Bank lending by state
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 Legends Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Montgomery County, TN | Mortgage lenders | 99% | 317 | 311 |
| Davidson County, TN | Mortgage lenders | 96% | 96 | 92 |
| Hamilton County, TN | Mortgage lenders | 100% | 62 | 62 |
| Montgomery County, TN | Investment property purchase | 98% | 44 | 41 |
| Davidson County, TN | Investment property purchase | 97% | 36 | 35 |
| Montgomery County, TN | Cash-out refinance | 91% | 23 | 21 |
| Montgomery County, TN | Refinance | 90% | 21 | 19 |
The county markets where Legends Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Legends Bank
What is Legends Bank's mortgage approval rate?
Legends Bank approved 97.2% of the 855 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.8 points above the 85.4% national rate for the same mix of loan types.
How often do borrowers take the loan Legends Bank offers?
Borrowers accepted 99% of the loans Legends 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 Legends Bank make?
The typical home purchase mortgage loan Legends Bank made was $295K; across all loan types its typical loan ran from $195K to $315K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Legends Bank lend?
Legends Bank decided applications in 15 of the states Fat Boy Data covers, most of them in Tennessee, Alabama and Florida.
Can I apply to Legends Bank directly?
Yes. Legends Bank is a bank or credit union with 21 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Legends 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 Legends Bank treats applications, then get a rate quote from the lender.