Security Federal Bank mortgage approval rate & lending review
Security Federal Bank decided 770 mortgage applications and funded 670 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Security Federal Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Security Federal Bank at a glance
Approval is 5.0 points above the 83.6% 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 | 89% | 440 / 497 | 98% | $225K | 431 |
| Cash-out refinance | 81% | 63 / 78 | 100% | $215K | 63 |
| Refinance | 89% | 58 / 65 | 98% | $325K | 57 |
| Investment property purchase | 94% | 83 / 88 | 98% | $155K | 81 |
Security Federal Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| South Carolina | 90% | $225K | 563 | 500 |
| Georgia | 85% | $185K | 205 | 168 |
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 Security Federal Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Aiken County, SC | Mortgage lenders | 91% | 308 | 275 |
| Richmond County, GA | Mortgage lenders | 79% | 96 | 73 |
| Aiken County, SC | Investment property purchase | 94% | 52 | 49 |
| Aiken County, SC | Cash-out refinance | 83% | 58 | 48 |
| Columbia County, GA | Mortgage lenders | 89% | 45 | 39 |
| Aiken County, SC | Refinance | 87% | 45 | 38 |
The county markets where Security Federal Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Security Federal Bank
What is Security Federal Bank's mortgage approval rate?
Security Federal Bank approved 88.6% of the 770 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.0 points above the 83.6% national rate for the same mix of loan types.
How often do borrowers take the loan Security Federal Bank offers?
Borrowers accepted 98% of the loans Security Federal 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 Security Federal Bank make?
The typical home purchase mortgage loan Security Federal Bank made was $225K; across all loan types its typical loan ran from $155K to $325K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Security Federal Bank lend?
Security Federal Bank decided applications in 4 of the states Fat Boy Data covers, most of them in South Carolina, Georgia and Florida.
Can I apply to Security Federal Bank directly?
Yes. Security Federal Bank is a bank or credit union with 19 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Security Federal 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 Security Federal Bank treats applications, then get a rate quote from the lender.