Lender profile · HMDA 2023–2025
Meridian Bank mortgage approval rates & lending data
Meridian Bank decided 7,227 mortgage applications and funded 6,871 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 | 96% | 5,556 / 5,758 | 99% | $285K | 5,511 |
| Home improvement loans | 96% | 414 / 431 | 100% | $105K | 413 |
| Cash-out refinance | 90% | 225 / 251 | 98% | $235K | 221 |
| Refinance | 96% | 241 / 251 | 99% | $305K | 239 |
| Investment property purchase | 95% | 399 / 420 | 96% | $235K | 383 |
| Investment cash-out refinance | 96% | 25 / 26 | 100% | $155K | 25 |
| Investment refinance | 93% | 51 / 55 | 94% | $345K | 48 |
| Investment home improvement | 97% | 34 / 35 | 91% | $265K | 31 |
Meridian Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 95% | $315K | 2,487 | 2,350 |
| Pennsylvania | 97% | $255K | 1,968 | 1,874 |
| Delaware | 97% | $285K | 1,805 | 1,743 |
| New Jersey | 94% | $275K | 509 | 471 |
| Virginia | 98% | $465K | 99 | 95 |
| Florida | 95% | $335K | 91 | 86 |
| South Carolina | 97% | $275K | 32 | 31 |
| North Carolina | 96% | $315K | 28 | 27 |
| District of Columbia | 83% | $325K | 24 | 20 |
| Georgia | 86% | $345K | 22 | 19 |
| Texas | 100% | $385K | 16 | 16 |
| Indiana | 100% | $205K | 13 | 13 |
| Illinois | 92% | $325K | 12 | 11 |
| Ohio | 92% | $345K | 12 | 11 |
| New York | 91% | $425K | 11 | 10 |
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.