First State Bank of Forrest at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A 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%
67th6.1% deniedProcesswithdrawn + incomplete share, weight 15%
82nd3.9%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 267 | 241 | 6.7% | 6.8% | — | $23M |
| 2024 | 265 | 230 | 6.8% | 6.8% | — | $25M |
| 2025 | 308 | 267 | 5.8% | 6.1% | — | $37M |
What First State Bank of Forrest 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, 9 manufactured homes, 92 investment properties.
Who gets approved at First State Bank of Forrest
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 41 | 29 | 16.2% |
| $50k – $100k | 106 | 84 | 11.8% |
| $100k – $150k | 64 | 60 | 0.0% |
| $150k – $250k | 36 | 35 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 24 | 15 | 0.0% |
| 25–34 | 50 | 43 | 12.0% |
| 35–44 | 77 | 68 | 7.9% |
| 45–54 | 43 | 35 | 10.0% |
| 55–64 | 28 | 25 | 7.1% |
| 65–74 | 33 | 28 | 0.0% |
Where First State Bank of Forrest lends
4 states and 27 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
First State Bank of Forrest denied 6.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 67th percentile of small mortgage lenders.
In 2025, 53% of its applications were for home purchases, 29% for refinancing (including cash-out), and 18% 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.