Lender profile · HMDA 2023–2025
Think Mutual Bank mortgage approval rates & lending data
Think Mutual Bank decided 1,957 mortgage applications and funded 1,668 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 | 98% | 771 / 788 | 94% | $345K | 721 |
| Home improvement loans | 81% | 608 / 750 | 99% | $55K | 604 |
| Cash-out refinance | 79% | 105 / 133 | 95% | $125K | 100 |
| Refinance | 85% | 182 / 213 | 98% | $105K | 178 |
| Investment property purchase | 95% | 61 / 64 | 93% | $205K | 57 |
Think Mutual Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 89% | $125K | 1,763 | 1,514 |
| Illinois | 77% | $65K | 65 | 46 |
| Wisconsin | 89% | $105K | 37 | 31 |
| Florida | 87% | $225K | 31 | 23 |
| Missouri | 93% | $255K | 15 | 13 |
| Kansas | 93% | $125K | 14 | 13 |
| Arizona | 92% | $325K | 13 | 12 |
| Iowa | 86% | $15K | 7 | 5 |
| Nebraska | 100% | $185K | 7 | 7 |
| Indiana | 100% | $285K | 3 | 3 |
| South Dakota | 100% | $675K | 2 | 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.