Lender profile · HMDA 2023–2025
The State Bank and Trust Company mortgage approval rates & lending data
The State Bank and Trust Company decided 2,123 mortgage applications and funded 1,939 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 | 95% | 1,257 / 1,318 | 99% | $295K | 1,250 |
| Home improvement loans | 81% | 216 / 266 | 98% | $85K | 212 |
| Cash-out refinance | 89% | 54 / 61 | 100% | $195K | 54 |
| Refinance | 91% | 253 / 279 | 99% | $215K | 251 |
| Investment property purchase | 90% | 151 / 167 | 97% | $165K | 147 |
The State Bank and Trust Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Ohio | 91% | $295K | 1,456 | 1,314 |
| Indiana | 95% | $265K | 582 | 548 |
| Kentucky | 92% | $235K | 25 | 23 |
| Michigan | 100% | $305K | 20 | 20 |
| Florida | 76% | $195K | 17 | 12 |
| South Carolina | 100% | $545K | 6 | 6 |
| North Carolina | 100% | $245K | 4 | 4 |
| Tennessee | 75% | $275K | 4 | 3 |
| Alabama | 100% | $265K | 2 | 2 |
| Connecticut | 100% | $455K | 1 | 1 |
| Georgia | 100% | $365K | 1 | 1 |
| Illinois | 100% | $285K | 1 | 1 |
| Minnesota | 100% | $615K | 1 | 1 |
| New Hampshire | 100% | $725K | 1 | 1 |
| Pennsylvania | 100% | $445K | 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.