PlainLender

First American Bank

Athens, GA

First American Bank processed 225 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 205 loans with a 1.8% denial rate. Home Purchase was the primary loan purpose. Based in Athens, GA. The approval rate of 91.1% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. First American Bank processed 225 HMDA-reported mortgage applications in 2024, originating 205 loans and denying 4 for a denial rate of 1.8% (applicants themselves withdrew 14 files before a decision). The average loan amount was $364,156 at a 6.919% average note rate, and applicants self-reported an average income of $35,000. The lender reports under LEI 549300WHACUOETOKO184 from Athens, GA.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. First American Bank's 91.1% origination rate tells you how often an application turned into funded money; the 1.8% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Employment history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (225 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

225
Applications
205
Originated
1.8%
Denial Rate
$364,156
Avg Loan Amount
Avg Interest Rate: 6.919% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 225 205 4 $364,156

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for First American Bank (LEI: 549300WHACUOETOKO184) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
3
Employment history
1
Collateral
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 140 125 $392,214
Refinancing 60 59 $348,500
Cash-out Refinancing 14 11 $270,000
Home Improvement 7 7 $166,429
Other 4 3 $292,500

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 147 89.1% 2.7%
Black or African American 7 71.4% 0.0%
Joint 3 100.0% 0.0%
2 or more minority races 1 0.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 144 89.6% 2.1%
Joint 7 57.1% 14.3%
Hispanic or Latino 1 100.0% 0.0%

Nearby Lenders in GA

Other HMDA-reporting lenders in GA with similar activity. Compare any two side-by-side.

AMERISAVE MORTGAGE COMPANY

SANDY SPRINGS, GA

107,775 apps 16,102 originated 69.0% denied

Ameris Bank

Atlanta, GA

20,452 apps 14,604 originated 7.8% denied

Equity Prime Mortgage LLC

Atlanta, GA

18,565 apps 10,954 originated 3.6% denied

RENASANT BANK

JOHNS CREEK, GA

10,267 apps 7,420 originated 9.3% denied

SYNOVUS BANK

COLUMBUS, GA

8,388 apps 5,114 originated 21.6% denied
Compare First American Bank vs AMERISAVE MORTGAGE COMPANY →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did First American Bank process?
First American Bank processed 225 mortgage applications in the 2023 HMDA reporting year. Of these, 205 were originated (approved and funded), 14 were withdrawn by the applicant, and 4 were denied.
What is First American Bank's mortgage approval rate?
First American Bank has an approval (origination) rate of 91.1%, meaning 91.1% of all applications resulted in a funded mortgage. The denial rate is 1.8%.
What is the average loan amount at First American Bank?
The average mortgage loan amount at First American Bank is $364,156. The average interest rate is 6.919%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at First American Bank?
The most common reasons for mortgage denial at First American Bank are: Debt-to-income ratio, Employment history, Collateral. In total, 4 applications were denied out of 225 total applications.
What types of mortgage loans does First American Bank offer?
First American Bank processes Conventional loans. The most common type is Conventional with 225 applications and an average loan amount of $364,156.
What loan purposes does First American Bank serve?
First American Bank serves the following loan purposes: Home Purchase (140 applications), Refinancing (60 applications), Cash-out Refinancing (14 applications), Home Improvement (7 applications), Other (4 applications). Home Purchase is the most common purpose.
Where is First American Bank located?
First American Bank is headquartered in Athens, GA. The lender is identified by LEI 549300WHACUOETOKO184 in HMDA data.
How does First American Bank compare in lending across racial demographics?
First American Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 89.1% and denial rate of 2.7%; Black or African American applicants have an approval rate of 71.4% and denial rate of 0.0%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.