Piedmont Federal Savings Bank mortgage approval rate & lending review
Piedmont Federal Savings Bank decided 344 mortgage applications and funded 312 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Piedmont Federal Savings Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Piedmont Federal Savings Bank at a glance
Approval is 9.6 points above the 82.9% 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 | 92% | 189 / 205 | 97% | $245K | 183 |
| Cash-out refinance | 88% | 37 / 42 | 100% | $175K | 37 |
| Investment property purchase | 100% | 33 / 33 | 100% | $205K | 33 |
| Investment refinance | 95% | 38 / 40 | 100% | $115K | 38 |
Piedmont Federal Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 92% | $245K | 340 | 308 |
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 Piedmont Federal Savings Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Forsyth County, NC | Mortgage lenders | 93% | 138 | 122 |
| Forsyth County, NC | Cash-out refinance | 86% | 29 | 25 |
| Forsyth County, NC | Investment refinance | 95% | 22 | 21 |
The county markets where Piedmont Federal Savings Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Piedmont Federal Savings Bank
What is Piedmont Federal Savings Bank's mortgage approval rate?
Piedmont Federal Savings Bank approved 92.4% of the 344 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.6 points above the 82.9% national rate for the same mix of loan types.
How often do borrowers take the loan Piedmont Federal Savings Bank offers?
Borrowers accepted 98% of the loans Piedmont Federal Savings 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 Piedmont Federal Savings Bank make?
The typical home purchase mortgage loan Piedmont Federal Savings Bank made was $245K; across all loan types its typical loan ran from $115K to $245K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Piedmont Federal Savings Bank lend?
Piedmont Federal Savings Bank decided applications in 2 of the states Fat Boy Data covers, most of them in North Carolina and South Carolina.
Can I apply to Piedmont Federal Savings Bank directly?
Yes. Piedmont Federal Savings Bank is a bank or credit union with 10 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Piedmont Federal Savings 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 Piedmont Federal Savings Bank treats applications, then get a rate quote from the lender.