Lender profile · HMDA 2023–2025
Magnolia Bank, Incorporated mortgage approval rates & lending data
Magnolia Bank, Incorporated decided 6,952 mortgage applications and funded 6,107 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 | 93% | 3,229 / 3,456 | 99% | $255K | 3,205 |
| Home improvement loans | 93% | 52 / 56 | 100% | $135K | 52 |
| Cash-out refinance | 83% | 2,244 / 2,704 | 98% | $335K | 2,203 |
| Refinance | 89% | 319 / 357 | 97% | $305K | 308 |
| Investment property purchase | 94% | 241 / 257 | 100% | $175K | 240 |
| Investment cash-out refinance | 69% | 34 / 49 | 100% | $165K | 34 |
| Investment refinance | 91% | 51 / 56 | 100% | $115K | 51 |
Magnolia Bank, Incorporated lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Kentucky | 94% | $215K | 920 | 858 |
| Georgia | 93% | $275K | 804 | 741 |
| South Carolina | 90% | $225K | 489 | 439 |
| Mississippi | 96% | $235K | 434 | 414 |
| Texas | 95% | $365K | 348 | 325 |
| Indiana | 91% | $235K | 342 | 304 |
| Florida | 85% | $365K | 306 | 255 |
| Alabama | 93% | $275K | 300 | 273 |
| California | 81% | $465K | 236 | 185 |
| Pennsylvania | 81% | $305K | 219 | 175 |
| North Carolina | 83% | $305K | 209 | 172 |
| Ohio | 88% | $275K | 193 | 168 |
| Connecticut | 80% | $295K | 159 | 127 |
| New York | 85% | $315K | 155 | 129 |
| Tennessee | 82% | $365K | 154 | 125 |
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.