Prime Meridian Bank mortgage approval rate & lending review
Prime Meridian Bank decided 308 mortgage applications and funded 264 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Prime Meridian Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Prime Meridian Bank at a glance
Approval is 9.2 points above the 85.3% 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 | 97% | 133 / 137 | 82% | $385K | 109 |
| Refinance | 72% | 18 / 25 | 94% | $315K | 17 |
| Investment property purchase | 98% | 120 / 123 | 98% | $155K | 118 |
Prime Meridian Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 95% | $155K | 301 | 260 |
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 Prime Meridian Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Leon County, FL | Investment property purchase | 98% | 92 | 89 |
| Leon County, FL | Mortgage lenders | 97% | 104 | 81 |
| Leon County, FL | Refinance | 70% | 23 | 15 |
The county markets where Prime Meridian Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Prime Meridian Bank
What is Prime Meridian Bank's mortgage approval rate?
Prime Meridian Bank approved 94.5% of the 308 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.2 points above the 85.3% national rate for the same mix of loan types.
How often do borrowers take the loan Prime Meridian Bank offers?
Borrowers accepted 91% of the loans Prime Meridian 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 Prime Meridian Bank make?
The typical home purchase mortgage loan Prime Meridian Bank made was $385K; across all loan types its typical loan ran from $155K to $385K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Prime Meridian Bank lend?
Prime Meridian Bank decided applications in 6 of the states Fat Boy Data covers, most of them in Florida, Missouri and Tennessee.
Can I apply to Prime Meridian Bank directly?
Yes. Prime Meridian Bank is a bank or credit union with 1 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Prime Meridian 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 Prime Meridian Bank treats applications, then get a rate quote from the lender.