Security Federal Savings Bank mortgage approval rate & lending review
Security Federal Savings Bank decided 257 mortgage applications and funded 232 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Security Federal Savings Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Security Federal Savings Bank at a glance
Approval is 7.8 points above the 84.5% 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% | 148 / 156 | 97% | $205K | 144 |
| Investment property purchase | 90% | 47 / 52 | 100% | $145K | 47 |
Security Federal Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Indiana | 92% | $205K | 257 | 232 |
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 Savings Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Tippecanoe County, IN | Mortgage lenders | 95% | 123 | 113 |
| Tippecanoe County, IN | Investment property purchase | 90% | 49 | 44 |
The county markets where Security Federal Savings Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Security Federal Savings Bank
What is Security Federal Savings Bank's mortgage approval rate?
Security Federal Savings Bank approved 92.2% of the 257 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 7.8 points above the 84.5% national rate for the same mix of loan types.
How often do borrowers take the loan Security Federal Savings Bank offers?
Borrowers accepted 98% of the loans Security Federal Savings 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 Savings Bank make?
The typical home purchase mortgage loan Security Federal Savings Bank made was $205K; across all loan types its typical loan ran from $145K to $205K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Security Federal Savings Bank lend?
Security Federal Savings Bank decided applications in 1 of the states Fat Boy Data covers, most of them in Indiana.
Can I apply to Security Federal Savings Bank directly?
Yes. Security Federal Savings Bank is a bank or credit union with 8 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Security Federal Savings 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 Savings Bank treats applications, then get a rate quote from the lender.