Patriot Bank mortgage approval rate & lending review
Patriot Bank decided 1,419 mortgage applications and funded 1,220 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Patriot Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Patriot Bank at a glance
Approval is 6.2 points above the 80.1% 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 | 98% | 862 / 880 | 100% | $285K | 862 |
| Home improvement loans | 56% | 198 / 356 | 98% | $5K | 194 |
| Cash-out refinance | 79% | 23 / 29 | 100% | $145K | 23 |
| Refinance | 89% | 24 / 27 | 100% | $235K | 24 |
| Investment property purchase | 98% | 78 / 80 | 100% | $175K | 78 |
| Investment refinance | 88% | 22 / 25 | 100% | $25K | 22 |
Patriot Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 85% | $285K | 1,318 | 1,120 |
| Mississippi | 99% | $305K | 76 | 75 |
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 Patriot Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Shelby County, TN | Mortgage lenders | 98% | 775 | 757 |
| Shelby County, TN | Home improvement loans | 56% | 355 | 194 |
| Shelby County, TN | Investment property purchase | 97% | 75 | 73 |
| DeSoto County, MS | Mortgage lenders | 100% | 70 | 70 |
| Shelby County, TN | Refinance | 88% | 26 | 23 |
| Shelby County, TN | Cash-out refinance | 79% | 28 | 22 |
| Shelby County, TN | Investment refinance | 88% | 25 | 22 |
The county markets where Patriot Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Patriot Bank
What is Patriot Bank's mortgage approval rate?
Patriot Bank approved 86.3% of the 1,419 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.2 points above the 80.1% national rate for the same mix of loan types.
How often do borrowers take the loan Patriot Bank offers?
Borrowers accepted 100% of the loans Patriot 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 Patriot Bank make?
The typical home purchase mortgage loan Patriot Bank made was $285K; across all loan types its typical loan ran from $5K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Patriot Bank lend?
Patriot Bank decided applications in 14 of the states Fat Boy Data covers, most of them in Tennessee, Mississippi and Arkansas.
Can I apply to Patriot Bank directly?
Yes. Patriot Bank is a bank or credit union with 18 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Patriot 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 Patriot Bank treats applications, then get a rate quote from the lender.