New Market Bank mortgage approval rate & lending review
New Market Bank decided 276 mortgage applications and funded 269 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions New Market Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
New Market Bank at a glance
Approval is 12.1 points above the 85.8% 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 | 100% | 208 / 209 | 100% | $305K | 207 |
| Investment property purchase | 97% | 30 / 31 | 100% | $205K | 30 |
New Market Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 98% | $305K | 255 | 248 |
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 New Market Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Dakota County, MN | Mortgage lenders | 100% | 66 | 66 |
| Scott County, MN | Mortgage lenders | 98% | 43 | 42 |
The county markets where New Market Bank made the most loans. Each link opens that market with every lender ranked.
Questions about New Market Bank
What is New Market Bank's mortgage approval rate?
New Market Bank approved 97.8% of the 276 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.1 points above the 85.8% national rate for the same mix of loan types.
How often do borrowers take the loan New Market Bank offers?
Borrowers accepted 100% of the loans New Market 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 New Market Bank make?
The typical home purchase mortgage loan New Market Bank made was $305K; across all loan types its typical loan ran from $205K to $305K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does New Market Bank lend?
New Market Bank decided applications in 8 of the states Fat Boy Data covers, most of them in Minnesota, Florida and Arizona.
Can I apply to New Market Bank directly?
Yes. New Market Bank is a bank or credit union with 3 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show New Market 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 New Market Bank treats applications, then get a rate quote from the lender.