The State Bank mortgage approval rate & lending review
The State Bank decided 844 mortgage applications and funded 757 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions The State Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
The State Bank at a glance
Approval is 15.0 points above the 77.4% 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 | 97% | 381 / 394 | 98% | $225K | 375 |
| Home improvement loans | 90% | 240 / 268 | 95% | $55K | 229 |
| Cash-out refinance | 76% | 41 / 54 | 95% | $145K | 39 |
| Refinance | 90% | 54 / 60 | 100% | $145K | 54 |
| Investment property purchase | 100% | 56 / 56 | 93% | $235K | 52 |
The State Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 92% | $225K | 806 | 719 |
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 State Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Genesee County, MI | Mortgage lenders | 96% | 156 | 147 |
| Genesee County, MI | Home improvement loans | 90% | 106 | 90 |
| Livingston County, MI | Home improvement loans | 94% | 49 | 45 |
| Oakland County, MI | Home improvement loans | 90% | 50 | 43 |
| Livingston County, MI | Mortgage lenders | 100% | 41 | 40 |
| Saginaw County, MI | Mortgage lenders | 94% | 35 | 32 |
| Saginaw County, MI | Home improvement loans | 73% | 22 | 15 |
The county markets where The State Bank made the most loans. Each link opens that market with every lender ranked.
Questions about The State Bank
What is The State Bank's mortgage approval rate?
The State Bank approved 92.4% of the 844 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 15.0 points above the 77.4% national rate for the same mix of loan types.
How often do borrowers take the loan The State Bank offers?
Borrowers accepted 97% of the loans The State 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 The State Bank make?
The typical home purchase mortgage loan The State Bank made was $225K; across all loan types its typical loan ran from $55K to $235K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does The State Bank lend?
The State Bank decided applications in 14 of the states Fat Boy Data covers, most of them in Michigan, Florida and Colorado.
Can I apply to The State Bank directly?
Yes. The State Bank is a bank or credit union with 24 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show The State 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 State Bank treats applications, then get a rate quote from the lender.