Local Bank mortgage approval rate & lending review
Local Bank decided 403 mortgage applications and funded 392 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Local Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Local Bank at a glance
Approval is 12.5 points above the 86.1% 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% | 333 / 338 | 99% | $285K | 330 |
| Investment property purchase | 100% | 26 / 26 | 92% | $305K | 24 |
Local 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 Local Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Mobile County, AL | Mortgage lenders | 99% | 84 | 81 |
The county markets where Local Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Local Bank
What is Local Bank's mortgage approval rate?
Local Bank approved 98.5% of the 403 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.5 points above the 86.1% national rate for the same mix of loan types.
How often do borrowers take the loan Local Bank offers?
Borrowers accepted 99% of the loans Local 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 Local Bank make?
The typical home purchase mortgage loan Local Bank made was $285K; across all loan types its typical loan ran from $285K to $305K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Local Bank lend?
Local Bank decided applications in 15 of the states Fat Boy Data covers, most of them in Alabama, Florida and Texas.
Can I apply to Local Bank directly?
Yes. Local Bank is a bank or credit union with 9 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Local 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 Local Bank treats applications, then get a rate quote from the lender.