BankFirst at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
63rd6.8% deniedProcesswithdrawn + incomplete share, weight 15%
65th8.5%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 235 | 216 | 2.1% | 2.3% | — | $39M |
| 2024 | 217 | 193 | 5.1% | 5.4% | — | $41M |
| 2025 | 224 | 189 | 6.3% | 6.8% | — | $40M |
What BankFirst lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 81 investment properties.
Who gets approved at BankFirst
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 26 | 17 | 29.2% |
| $50k – $100k | 86 | 68 | 9.1% |
| $100k – $150k | 49 | 43 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 20 | 16 | 0.0% |
| 25–34 | 47 | 39 | 7.1% |
| 35–44 | 58 | 45 | 9.8% |
| 45–54 | 29 | 24 | 17.2% |
Where BankFirst lends
5 states and 36 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
BankFirst denied 6.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 63rd percentile of small mortgage lenders.
In 2025, 61% of its applications were for home purchases, 36% for refinancing (including cash-out), and 3% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.