PlainLender

First Bank

CLEWISTON, FL

First Bank processed 161 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 54 loans with a 34.2% denial rate. Home Purchase was the primary loan purpose. Based in CLEWISTON, FL. The approval rate of 33.5% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness.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 Bank's 33.5% origination rate tells you how often an application turned into funded money; the 34.2% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (160 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.

161
Applications
54
Originated
34.2%
Denial Rate
$425,683
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 160 54 55 $426,750
FHA 1 0 0 $255,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for First Bank (LEI: 5493006BN3B3B1H3B988) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 85 30 $535,235
Other 32 12 $257,188
Cash-out Refinancing 28 9 $237,143
Refinancing 16 3 $510,625

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 122 34.4% 33.6%
Black or African American * 5 40.0% 40.0%
Asian * 2 50.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 74 43.2% 25.7%
Hispanic or Latino 54 22.2% 42.6%
Joint * 2 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in FL

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

Freedom Mortgage Corporation

BOCA RATON, FL

252,504 apps 57,345 originated 4.9% denied

Lakeview Loan Servicing, LLC

Coral Gables, FL

96,650 apps 10,540 originated 25.2% denied

Triad Financial Services, INC.

JACKSONVILLE, FL

86,581 apps 12,731 originated 55.6% denied

Lennar Mortgage, LLC

MIAMI, FL

75,233 apps 55,530 originated 12.4% denied

Phh Mortgage Corporation

West Palm Beach, FL

62,326 apps 4,770 originated 3.4% denied
Compare First Bank vs Freedom Mortgage Corporation →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First Bank process?
First Bank processed 161 mortgage applications in the 2024 HMDA reporting year. Of these, 54 were originated (approved and funded), 42 were withdrawn by the applicant, and 55 were denied.
What is First Bank's mortgage approval rate?
First Bank has an approval (origination) rate of 33.5%, meaning 33.5% of all applications resulted in a funded mortgage. The denial rate is 34.2%.
What is the average loan amount at First Bank?
The average mortgage loan amount at First Bank is $425,683.
What types of mortgage loans does First Bank offer?
First Bank processes Conventional, FHA loans. The most common type is Conventional with 160 applications and an average loan amount of $426,750.
What loan purposes does First Bank serve?
First Bank serves the following loan purposes: Home Purchase (85 applications), Other (32 applications), Cash-out Refinancing (28 applications), Refinancing (16 applications). Home Purchase is the most common purpose.
Where is First Bank located?
First Bank is headquartered in CLEWISTON, FL. The lender is identified by LEI 5493006BN3B3B1H3B988 in HMDA data.
How does First Bank compare in lending across racial demographics?
First Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 34.4% and denial rate of 33.6%; Black or African American applicants have an approval rate of 40.0% and denial rate of 40.0%; Asian applicants have an approval rate of 50.0% 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.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.