First Metro Bank 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%
59th7.7% deniedProcesswithdrawn + incomplete share, weight 15%
41st13.7%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 200 | 168 | 8.5% | 9.0% | — | $31M |
| 2024 | 191 | 149 | 13.1% | 14.0% | — | $23M |
| 2025 | 227 | 179 | 6.6% | 7.7% | — | $41M |
What First Metro 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, 20 manufactured homes, 80 investment properties.
Who gets approved at First Metro Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 37 | 22 | 24.1% |
| $50k – $100k | 75 | 59 | 10.5% |
| $100k – $150k | 38 | 33 | 2.9% |
| $150k – $250k | 20 | 14 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 25 | 18 | 5.3% |
| 35–44 | 41 | 32 | 13.5% |
| 45–54 | 28 | 20 | 16.0% |
| 55–64 | 39 | 31 | 5.9% |
| 65–74 | 31 | 23 | 8.0% |
Where First Metro Bank lends
4 states and 21 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Alabama | 221 | 173 | 6.8% | — | #147 |
Frequently asked questions
First Metro Bank denied 7.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 59th percentile of small mortgage lenders.
In 2025, 51% of its applications were for home purchases, 31% for refinancing (including cash-out), and 18% for home improvement or other purposes. By loan type: 98% conventional, 1% 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.