Lender profile · HMDA 2023–2025
Southern Bancorp Bank mortgage approval rates & lending data
Southern Bancorp Bank decided 772 mortgage applications and funded 613 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 86% | 266 / 310 | 79% | $255K | 210 |
| Refinance | 90% | 100 / 111 | 87% | $185K | 87 |
| Investment property purchase | 99% | 206 / 208 | 96% | $155K | 198 |
| Investment refinance | 99% | 76 / 77 | 99% | $115K | 75 |
| Investment home improvement | 96% | 27 / 28 | 100% | $105K | 27 |
Southern Bancorp Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Arkansas | 94% | $155K | 431 | 372 |
| Mississippi | 90% | $175K | 165 | 128 |
| Tennessee | 86% | $385K | 92 | 64 |
| Alabama | 77% | $235K | 47 | 22 |
| Georgia | 94% | $655K | 17 | 9 |
| Florida | 80% | $285K | 5 | 4 |
| Texas | 100% | $165K | 5 | 5 |
| Illinois | 50% | $2.21M | 2 | 1 |
| Louisiana | 100% | $125K | 2 | 2 |
| Ohio | 100% | $155K | 2 | 2 |
| South Carolina | 100% | $325K | 2 | 2 |
| Pennsylvania | 100% | $425K | 1 | 1 |
| Virginia | 100% | $455K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.