Resource Bank mortgage approval rate & lending review
Resource Bank decided 513 mortgage applications and funded 501 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Resource Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Resource Bank at a glance
Approval is 16.2 points above the 81.5% 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 | 96% | 80 / 83 | 100% | $605K | 80 |
| Refinance | 95% | 58 / 61 | 100% | $145K | 58 |
| Investment property purchase | 99% | 208 / 211 | 100% | $195K | 208 |
| Investment refinance | 99% | 118 / 119 | 100% | $105K | 118 |
| Investment home improvement | 96% | 26 / 27 | 100% | $315K | 26 |
Resource Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Louisiana | 98% | $195K | 507 | 495 |
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 Resource Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| St. Tammany Parish, LA | Investment property purchase | 99% | 97 | 96 |
| St. Tammany Parish, LA | Investment refinance | 100% | 54 | 54 |
| St. Tammany Parish, LA | Mortgage lenders | 96% | 54 | 52 |
| Orleans Parish, LA | Investment property purchase | 98% | 52 | 51 |
| St. Tammany Parish, LA | Refinance | 98% | 46 | 45 |
| Orleans Parish, LA | Investment refinance | 97% | 35 | 34 |
| Jefferson Parish, LA | Investment property purchase | 100% | 33 | 33 |
The county markets where Resource Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Resource Bank
What is Resource Bank's mortgage approval rate?
Resource Bank approved 97.7% of the 513 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 16.2 points above the 81.5% national rate for the same mix of loan types.
How often do borrowers take the loan Resource Bank offers?
Borrowers accepted 100% of the loans Resource Bank approved, against 95% for all investment property mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Resource Bank make?
The typical investment property mortgage loan Resource Bank made was $195K; across all loan types its typical loan ran from $105K to $605K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Resource Bank lend?
Resource Bank decided applications in 4 of the states Fat Boy Data covers, most of them in Louisiana, Mississippi and Alabama.
Can I apply to Resource Bank directly?
Yes. Resource Bank is a bank or credit union with 26 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Resource 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 Resource Bank treats applications, then get a rate quote from the lender.