Shinhan Bank America mortgage approval rate & lending review
Shinhan Bank America decided 484 mortgage applications and funded 436 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Shinhan Bank America reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Shinhan Bank America at a glance
Approval is 8.2 points above the 86.4% 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 | 95% | 405 / 426 | 96% | $505K | 387 |
Shinhan Bank America lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 94% | $535K | 408 | 364 |
| New Jersey | 94% | $455K | 36 | 33 |
| California | 96% | $505K | 26 | 25 |
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 Shinhan Bank America lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Queens County, NY | Mortgage lenders | 95% | 136 | 120 |
| Kings County, NY | Mortgage lenders | 93% | 67 | 59 |
| Richmond County, NY | Mortgage lenders | 97% | 61 | 57 |
The county markets where Shinhan Bank America made the most loans. Each link opens that market with every lender ranked.
Questions about Shinhan Bank America
What is Shinhan Bank America's mortgage approval rate?
Shinhan Bank America approved 94.6% of the 484 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.2 points above the 86.4% national rate for the same mix of loan types.
How often do borrowers take the loan Shinhan Bank America offers?
Borrowers accepted 95% of the loans Shinhan Bank America 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 Shinhan Bank America make?
The typical home purchase mortgage loan Shinhan Bank America made was $505K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Shinhan Bank America lend?
Shinhan Bank America decided applications in 5 of the states Fat Boy Data covers, most of them in New York, New Jersey and California.
Can I apply to Shinhan Bank America directly?
Yes. Shinhan Bank America is a bank or credit union with 14 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Shinhan Bank America'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 Shinhan Bank America treats applications, then get a rate quote from the lender.