Popular Bank mortgage approval rate & lending review
Popular Bank decided 504 mortgage applications and funded 337 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Popular Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Popular Bank at a glance
Approval is 17.9 points below the 85.0% 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% | 268 / 363 | 100% | $785K | 267 |
| Cash-out refinance | 39% | 11 / 28 | 100% | $365K | 11 |
| Investment property purchase | 65% | 40 / 62 | 100% | $565K | 40 |
Popular Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 74% | $545K | 257 | 189 |
| Florida | 60% | $785K | 210 | 125 |
| New Jersey | 59% | $835K | 32 | 19 |
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 Popular Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| New York County, NY | Mortgage lenders | 73% | 60 | 44 |
The county markets where Popular Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Popular Bank
What is Popular Bank's mortgage approval rate?
Popular Bank approved 67.1% of the 504 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 17.9 points below the 85.0% national rate for the same mix of loan types.
How often do borrowers take the loan Popular Bank offers?
Borrowers accepted 100% of the loans Popular 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 Popular Bank make?
The typical home purchase mortgage loan Popular Bank made was $785K; across all loan types its typical loan ran from $365K to $785K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Popular Bank lend?
Popular Bank decided applications in 8 of the states Fat Boy Data covers, most of them in New York, Florida and New Jersey.
Can I apply to Popular Bank directly?
Yes. Popular Bank is a bank or credit union with 36 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Popular 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 Popular Bank treats applications, then get a rate quote from the lender.