Lender profile · HMDA 2023–2025
VeraBank, National Association mortgage approval rates & lending data
VeraBank, National Association decided 1,155 mortgage applications and funded 1,045 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 | 94% | 651 / 694 | 97% | $305K | 632 |
| Home improvement loans | 83% | 71 / 86 | 93% | $65K | 66 |
| Refinance | 82% | 65 / 79 | 97% | $135K | 63 |
| Investment property purchase | 100% | 242 / 243 | 98% | $255K | 237 |
| Investment refinance | 93% | 26 / 28 | 100% | $175K | 26 |
VeraBank, National Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 93% | $305K | 1,144 | 1,034 |
| Arkansas | 100% | $325K | 2 | 2 |
| Florida | 100% | $355K | 2 | 2 |
| Louisiana | 100% | $305K | 2 | 2 |
| California | 100% | $2.44M | 1 | 1 |
| Colorado | 100% | $425K | 1 | 1 |
| Kentucky | 100% | $185K | 1 | 1 |
| Tennessee | 100% | $405K | 1 | 1 |
| Virginia | 100% | $175K | 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.