Planters Bank, Inc. mortgage approval rate & lending review
Planters Bank, Inc. decided 253 mortgage applications and funded 244 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Planters Bank, Inc. reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Planters Bank, Inc. at a glance
Approval is 19.5 points above the 77.8% 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 | 93% | 26 / 28 | 96% | $285K | 25 |
| Home improvement loans | 89% | 32 / 36 | 97% | $85K | 31 |
| Cash-out refinance | 100% | 25 / 25 | 100% | $105K | 25 |
| Investment property purchase | 99% | 103 / 104 | 100% | $185K | 103 |
Planters Bank, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 97% | $185K | 237 | 229 |
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 Planters Bank, Inc. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Montgomery County, TN | Investment property purchase | 99% | 90 | 89 |
| Montgomery County, TN | Home improvement loans | 87% | 31 | 26 |
| Montgomery County, TN | Cash-out refinance | 100% | 21 | 21 |
The county markets where Planters Bank, Inc. made the most loans. Each link opens that market with every lender ranked.
Questions about Planters Bank, Inc.
What is Planters Bank, Inc.'s mortgage approval rate?
Planters Bank, Inc. approved 97.2% of the 253 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 19.5 points above the 77.8% national rate for the same mix of loan types.
How often do borrowers take the loan Planters Bank, Inc. offers?
Borrowers accepted 99% of the loans Planters Bank, Inc. 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 Planters Bank, Inc. make?
The typical investment property mortgage loan Planters Bank, Inc. made was $185K; across all loan types its typical loan ran from $85K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Planters Bank, Inc. lend?
Planters Bank, Inc. decided applications in 9 of the states Fat Boy Data covers, most of them in Tennessee, Kentucky and Florida.
Can I apply to Planters Bank, Inc. directly?
Yes. Planters Bank, Inc. is a bank or credit union with 13 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Planters Bank, Inc.'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 Planters Bank, Inc. treats applications, then get a rate quote from the lender.