Lender profile · HMDA 2023–2025
Resource Bank mortgage approval rates & lending data
Resource Bank decided 513 mortgage applications and funded 501 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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 |
| Mississippi | 100% | $85K | 4 | 4 |
| Alabama | 100% | $1.25M | 1 | 1 |
| Florida | 100% | $2.75M | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.