First Security State Bank

Cranfills Gap, TX

First Security State Bank processed 46 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 29 loans with a 15.2% denial rate. Home Purchase was the primary loan purpose. Based in Cranfills Gap, TX. The approval rate of 63.0% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness.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 Security State Bank's 63.0% origination rate tells you how often an application turned into funded money; the 15.2% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (46 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.

46
Applications
29
Originated
15.2%
Denial Rate
$217,174
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 46 29 7 $217,174

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for First Security State Bank (LEI: 254900RS9VT8OKTIBO33) · 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 Approval rates exclude withdrawn / incomplete applications.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 23 13 $233,261
Refinancing 8 5 $220,000
Other 8 6 $313,750
Home Improvement 7 5 $50,714

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White * 39 61.5% 15.4%
Asian * 1 100.0% 0.0%
Black or African American * 1 100.0% 0.0%
Joint * 1 0.0% 100.0%

* 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 * 30 60.0% 16.7%
Hispanic or Latino * 9 66.7% 11.1%
Joint * 3 66.7% 33.3%

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

Nearby Lenders in TX

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First Security State Bank process?
First Security State Bank processed 46 mortgage applications in the 2024 HMDA reporting year. Of these, 29 were originated (approved and funded), 8 were withdrawn by the applicant, and 7 were denied.
What is First Security State Bank's mortgage approval rate?
First Security State Bank has an approval (origination) rate of 63.0%, meaning 63.0% of all applications resulted in a funded mortgage. The denial rate is 15.2%.
What is the average loan amount at First Security State Bank?
The average mortgage loan amount at First Security State Bank is $217,174.
What types of mortgage loans does First Security State Bank offer?
First Security State Bank processes Conventional loans. The most common type is Conventional with 46 applications and an average loan amount of $217,174.
What loan purposes does First Security State Bank serve?
First Security State Bank serves the following loan purposes: Home Purchase (23 applications), Refinancing (8 applications), Other (8 applications), Home Improvement (7 applications). Home Purchase is the most common purpose.
Where is First Security State Bank located?
First Security State Bank is headquartered in Cranfills Gap, TX. The lender is identified by LEI 254900RS9VT8OKTIBO33 in HMDA data.
How does First Security State Bank compare in lending across racial demographics?
First Security State Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 61.5% and denial rate of 15.4%; Asian applicants have an approval rate of 100.0% and denial rate of 0.0%; Black or African American 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

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.