Mortgage lender · Greenbrier, AR · LEI 549300W2LKZKSX67ZU02

First Service Bank review: approval odds, rates and grade (2025)

First Service Bank earns a C, in line with the typical performance of investment-property lenders. It turned down 11.0% of the applications it decided on in 2025, which ranks in the 26th percentile for approval odds. Compared against 220 investment-property lenders using 2025 HMDA filings.

254Applications2025
76.4%Originatedof applications
11.0%Decision denial ratenational 22.6%
Median ratenational 6.63%
$69MLoan volume2 states

First Service Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

9.8%Denial rate (all applications)-8.14 pts vs national
11.0%Denial rate (decided applications)-11.58 pts vs national
76.4%Origination rate+18.35 pts vs national
10.6%Withdrawn by applicant
0.0%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$180,000Median loan amount
Median total loan costs
$102kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

26th11.0% denied

Processwithdrawn + incomplete share, weight 15%

28th10.6%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232651976.4%7.9%$44M
20242381849.2%10.1%$58M
20252541949.8%11.0%$69M

What First Service 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

Home purchase 165 65% · 6.1% denied
Refinance 62 24% · 8.1% denied
Home improvement 19 7% · 31.6% denied
Other / HELOC 8 3% · 50.0% denied

By loan type

Conventional 252 99% · 9.5% denied
FHA 1 0% · 100.0% denied
VA 1 0% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 12 manufactured homes, 168 investment properties.

Who gets approved at First Service Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k362129.0%
$150k – $250k21184.8%
Applicant ageApplicationsOriginatedDecision denial rate
25–34211318.8%
35–44281820.0%
45–54251436.4%
55–64221420.0%

Where First Service Bank lends

2 states and 30 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Arkansas2531939.9%#93

Frequently asked questions

First Service Bank denied 11.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 26th percentile of investment-property lenders.

In 2025, 65% of its applications were for home purchases, 24% for refinancing (including cash-out), and 11% for home improvement or other purposes. By loan type: 99% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with First Service Bank. Data sources · Methodology