First Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F 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%
4th38.8% deniedProcesswithdrawn + incomplete share, weight 15%
6th29.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 146 | 63 | 25.3% | 34.9% | — | $19M |
| 2024 | 161 | 54 | 34.2% | 48.7% | — | $31M |
| 2025 | 171 | 68 | 27.5% | 38.8% | — | $34M |
What First Bank 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, 47 manufactured homes, 47 investment properties.
Who gets approved at First Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 44 | 11 | 57.1% |
| $100k – $150k | 26 | 14 | 21.1% |
| $150k – $250k | 25 | 12 | 25.0% |
| Over $250k | 25 | 15 | 18.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 21 | 4 | 58.3% |
| 35–44 | 30 | 11 | 47.8% |
| 45–54 | 33 | 16 | 39.3% |
| 55–64 | 26 | 12 | 27.8% |
Where First Bank lends
1 states and 11 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Florida | 171 | 68 | 27.5% | — | #396 |
Frequently asked questions
First Bank denied 38.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 4th percentile of small mortgage lenders.
In 2025, 45% of its applications were for home purchases, 29% for refinancing (including cash-out), and 26% 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.