Central State Bank mortgage approval rate & lending review
Central State Bank decided 259 mortgage applications and funded 222 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Central State Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Central State Bank at a glance
Approval is 10.7 points above the 82.4% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 78% | 28 / 36 | 82% | $315K | 23 |
| Refinance | 86% | 32 / 37 | 88% | $115K | 28 |
| Investment property purchase | 97% | 122 / 126 | 96% | $205K | 117 |
| Investment refinance | 98% | 43 / 44 | 91% | $185K | 39 |
Central State Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Alabama | 93% | $205K | 252 | 215 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Central State Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Shelby County, AL | Investment property purchase | 100% | 53 | 51 |
| Jefferson County, AL | Investment property purchase | 95% | 38 | 33 |
| Shelby County, AL | Refinance | 83% | 30 | 22 |
The county markets where Central State Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Central State Bank
What is Central State Bank's mortgage approval rate?
Central State Bank approved 93.1% of the 259 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.7 points above the 82.4% national rate for the same mix of loan types.
How often do borrowers take the loan Central State Bank offers?
Borrowers accepted 92% of the loans Central State Bank approved, against 95% for all investment property mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Central State Bank make?
The typical investment property mortgage loan Central State Bank made was $205K; across all loan types its typical loan ran from $115K to $315K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Central State Bank lend?
Central State Bank decided applications in 4 of the states Fat Boy Data covers, most of them in Alabama, Florida and Georgia.
Can I apply to Central State Bank directly?
Yes. Central State Bank is a bank or credit union with 21 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Central State Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Central State Bank treats applications, then get a rate quote from the lender.