Forbright Bank

Chevy Chase, MD

Forbright Bank processed 32 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 24 loans with a 3.1% denial rate. Home Purchase was the primary loan purpose. Based in Chevy Chase, MD. The approval rate of 75.0% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Forbright Bank's 75.0% origination rate tells you how often an application turned into funded money; the 3.1% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (30 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.

32
Applications
24
Originated
3.1%
Denial Rate
$2,202,813
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 30 24 1 $1,754,000
FHA 2 0 0 $8,935,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Forbright Bank (LEI: 2549008CZOYIG4FIKS25) · 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 Approval rates exclude withdrawn / incomplete applications.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 25 21 $935,000
Refinancing 4 1 $4,715,000
Cash-out Refinancing 3 2 $9,418,333

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Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Forbright Bank process?
Forbright Bank processed 32 mortgage applications in the 2024 HMDA reporting year. Of these, 24 were originated (approved and funded), 5 were withdrawn by the applicant, and 1 were denied.
What is Forbright Bank's mortgage approval rate?
Forbright Bank has an approval (origination) rate of 75.0%, meaning 75.0% of all applications resulted in a funded mortgage. The denial rate is 3.1%.
What is the average loan amount at Forbright Bank?
The average mortgage loan amount at Forbright Bank is $2,202,813.
What types of mortgage loans does Forbright Bank offer?
Forbright Bank processes Conventional, FHA loans. The most common type is Conventional with 30 applications and an average loan amount of $1,754,000.
What loan purposes does Forbright Bank serve?
Forbright Bank serves the following loan purposes: Home Purchase (25 applications), Refinancing (4 applications), Cash-out Refinancing (3 applications). Home Purchase is the most common purpose.
Where is Forbright Bank located?
Forbright Bank is headquartered in Chevy Chase, MD. The lender is identified by LEI 2549008CZOYIG4FIKS25 in HMDA data.

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.