Royal Business Bank mortgage approval rate & lending review
Royal Business Bank decided 1,200 mortgage applications and funded 1,064 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Royal Business Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Royal Business Bank at a glance
Approval is 3.9 points above the 85.7% 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 | 91% | 822 / 901 | 99% | $475K | 815 |
| Cash-out refinance | 75% | 40 / 53 | 100% | $485K | 40 |
| Refinance | 87% | 52 / 60 | 100% | $585K | 52 |
| Investment property purchase | 87% | 132 / 152 | 98% | $585K | 129 |
Royal Business Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 90% | $475K | 662 | 587 |
| California | 90% | $555K | 341 | 301 |
| Illinois | 91% | $265K | 88 | 80 |
| New Jersey | 91% | $385K | 66 | 59 |
| Nevada | 87% | $285K | 30 | 26 |
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 Royal Business Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Richmond County, NY | Mortgage lenders | 92% | 220 | 201 |
| Kings County, NY | Mortgage lenders | 91% | 146 | 132 |
| Queens County, NY | Mortgage lenders | 82% | 102 | 83 |
| Kings County, NY | Investment property purchase | 97% | 30 | 28 |
| Queens County, NY | Investment property purchase | 82% | 22 | 18 |
The county markets where Royal Business Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Royal Business Bank
What is Royal Business Bank's mortgage approval rate?
Royal Business Bank approved 89.7% of the 1,200 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.9 points above the 85.7% national rate for the same mix of loan types.
How often do borrowers take the loan Royal Business Bank offers?
Borrowers accepted 99% of the loans Royal Business 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 Royal Business Bank make?
The typical home purchase mortgage loan Royal Business Bank made was $475K; across all loan types its typical loan ran from $475K to $585K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Royal Business Bank lend?
Royal Business Bank decided applications in 6 of the states Fat Boy Data covers, most of them in New York, California and Illinois.
Can I apply to Royal Business Bank directly?
Yes. Royal Business Bank is a bank or credit union with 25 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Royal Business 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 Royal Business Bank treats applications, then get a rate quote from the lender.