Paragon Bank mortgage approval rate & lending review
Paragon Bank decided 449 mortgage applications and funded 431 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Paragon Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Paragon Bank at a glance
Approval is 10.4 points above the 85.8% 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 | 95% | 207 / 219 | 100% | $325K | 206 |
| Investment property purchase | 99% | 164 / 166 | 100% | $125K | 164 |
| Investment refinance | 100% | 30 / 30 | 100% | $95K | 30 |
Paragon Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 96% | $325K | 311 | 299 |
| North Carolina | 97% | $305K | 64 | 62 |
| Mississippi | 90% | $305K | 21 | 19 |
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 Paragon Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Shelby County, TN | Mortgage lenders | 95% | 147 | 138 |
| Shelby County, TN | Investment property purchase | 99% | 125 | 124 |
The county markets where Paragon Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Paragon Bank
What is Paragon Bank's mortgage approval rate?
Paragon Bank approved 96.2% of the 449 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.4 points above the 85.8% national rate for the same mix of loan types.
How often do borrowers take the loan Paragon Bank offers?
Borrowers accepted 100% of the loans Paragon Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Paragon Bank make?
The typical home purchase mortgage loan Paragon Bank made was $325K; across all loan types its typical loan ran from $95K to $325K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Paragon Bank lend?
Paragon Bank decided applications in 18 of the states Fat Boy Data covers, most of them in Tennessee, North Carolina and Mississippi.
Can I apply to Paragon Bank directly?
Yes. Paragon Bank is a bank or credit union with 10 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Paragon 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 Paragon Bank treats applications, then get a rate quote from the lender.