The Farmers Bank mortgage approval rate & lending review
The Farmers Bank decided 682 mortgage applications and funded 555 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions The Farmers Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
The Farmers Bank at a glance
Approval is 11.7 points above the 82.6% 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 | 90% | 179 / 200 | 79% | $325K | 141 |
| Refinance | 94% | 87 / 93 | 82% | $115K | 71 |
| Investment property purchase | 99% | 227 / 230 | 90% | $295K | 204 |
| Investment refinance | 100% | 109 / 109 | 94% | $255K | 102 |
The Farmers Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 94% | $295K | 667 | 542 |
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 The Farmers Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Sumner County, TN | Investment property purchase | 98% | 149 | 135 |
| Sumner County, TN | Mortgage lenders | 88% | 158 | 109 |
| Sumner County, TN | Refinance | 93% | 86 | 65 |
| Davidson County, TN | Investment property purchase | 100% | 69 | 58 |
| Davidson County, TN | Investment refinance | 100% | 42 | 41 |
| Sumner County, TN | Cash-out refinance | 68% | 22 | 13 |
The county markets where The Farmers Bank made the most loans. Each link opens that market with every lender ranked.
Questions about The Farmers Bank
What is The Farmers Bank's mortgage approval rate?
The Farmers Bank approved 94.3% of the 682 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.7 points above the 82.6% national rate for the same mix of loan types.
How often do borrowers take the loan The Farmers Bank offers?
Borrowers accepted 86% of the loans The Farmers 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 The Farmers Bank make?
The typical investment property mortgage loan The Farmers Bank made was $295K; across all loan types its typical loan ran from $115K to $325K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does The Farmers Bank lend?
The Farmers Bank decided applications in 4 of the states Fat Boy Data covers, most of them in Tennessee, Kentucky and Alabama.
Can I apply to The Farmers Bank directly?
Yes. The Farmers Bank is a bank or credit union with 37 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show The Farmers 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 The Farmers Bank treats applications, then get a rate quote from the lender.