Montecito Bank & Trust mortgage approval rate & lending review
Montecito Bank & Trust decided 314 mortgage applications and funded 203 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Montecito Bank & Trust reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Montecito Bank & Trust at a glance
Approval is 12.4 points below the 83.4% 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 | 74% | 141 / 190 | 89% | $705K | 126 |
| Refinance | 70% | 26 / 37 | 88% | $465K | 23 |
| Investment property purchase | 75% | 24 / 32 | 100% | $755K | 24 |
Montecito Bank & Trust lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 71% | $705K | 314 | 203 |
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 Montecito Bank & Trust lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Santa Barbara County, CA | Mortgage lenders | 77% | 149 | 101 |
| Santa Barbara County, CA | Refinance | 69% | 29 | 17 |
The county markets where Montecito Bank & Trust made the most loans. Each link opens that market with every lender ranked.
Questions about Montecito Bank & Trust
What is Montecito Bank & Trust's mortgage approval rate?
Montecito Bank & Trust approved 71.0% of the 314 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.4 points below the 83.4% national rate for the same mix of loan types.
How often do borrowers take the loan Montecito Bank & Trust offers?
Borrowers accepted 91% of the loans Montecito Bank & Trust 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 Montecito Bank & Trust make?
The typical home purchase mortgage loan Montecito Bank & Trust made was $705K; across all loan types its typical loan ran from $465K to $755K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Montecito Bank & Trust lend?
Montecito Bank & Trust decided applications in 1 of the states Fat Boy Data covers, most of them in California.
Can I apply to Montecito Bank & Trust directly?
Yes. Montecito Bank & Trust is a bank or credit union with 16 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Montecito Bank & Trust'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 Montecito Bank & Trust treats applications, then get a rate quote from the lender.