First Security Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
64th6.6% deniedPricingmedian rate spread over APOR, weight 30%
9th0.71 ptsProcesswithdrawn + incomplete share, weight 15%
87th8.5%Closing coststotal loan costs ÷ loan amount, weight 10%
48th2.32% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,599 | 1,304 | 8.4% | 9.2% | 8.34% | $225M |
| 2024 | 1,652 | 1,333 | 8.7% | 9.5% | 8.48% | $262M |
| 2025 | 1,870 | 1,556 | 6.0% | 6.6% | 7.50% | $511M |
What First Security 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: 636 home-equity lines, 0 reverse mortgages, 6 manufactured homes, 489 investment properties.
Why First Security Bank denies applications
Primary reason reported for each of the 113 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First Security Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 214 | 145 | 23.0% |
| $50k – $100k | 541 | 414 | 9.4% |
| $100k – $150k | 323 | 274 | 4.2% |
| $150k – $250k | 244 | 214 | 1.8% |
| Over $250k | 183 | 159 | 2.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 80 | 62 | 5.9% |
| 25–34 | 262 | 202 | 7.4% |
| 35–44 | 291 | 215 | 10.8% |
| 45–54 | 333 | 276 | 6.3% |
| 55–64 | 302 | 254 | 8.9% |
| 65–74 | 211 | 172 | 6.7% |
| Over 74 | 87 | 75 | 6.1% |
Where First Security Bank lends
7 states and 55 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
First Security Bank denied 6.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 64th percentile of mid-size mortgage lenders.
The most common reason First Security Bank gave in 2025 was "credit history", cited on 44.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans First Security Bank originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.71 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 52% of its applications were for home purchases, 20% for refinancing (including cash-out), and 28% for home improvement or other purposes. By loan type: 91% conventional, 6% FHA, 1% 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.