Simmons Bank mortgage approval rate & lending review
Simmons Bank decided 6,618 mortgage applications and funded 5,003 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Simmons Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Simmons Bank at a glance
Approval is 1.2 points below the 78.2% 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 | 86% | 2,280 / 2,643 | 99% | $235K | 2,248 |
| Home improvement loans | 57% | 929 / 1,620 | 97% | $85K | 897 |
| Cash-out refinance | 42% | 76 / 180 | 100% | $215K | 76 |
| Refinance | 70% | 654 / 940 | 95% | $115K | 624 |
| Investment property purchase | 97% | 736 / 755 | 100% | $165K | 734 |
| Investment cash-out refinance | 26% | 9 / 34 | 100% | $105K | 9 |
| Investment refinance | 97% | 329 / 339 | 100% | $195K | 329 |
| Investment home improvement | 80% | 86 / 107 | 100% | $105K | 86 |
Simmons Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Arkansas | 81% | $215K | 2,209 | 1,763 |
| Texas | 72% | $195K | 1,654 | 1,169 |
| Tennessee | 75% | $155K | 1,353 | 990 |
| Missouri | 75% | $75K | 766 | 552 |
| Oklahoma | 88% | $165K | 318 | 276 |
| Kansas | 79% | $165K | 145 | 113 |
| Mississippi | 81% | $185K | 43 | 34 |
| Florida | 80% | $365K | 20 | 16 |
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 Simmons Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Pulaski County, AR | Mortgage lenders | 90% | 367 | 324 |
| Shelby County, TN | Mortgage lenders | 93% | 339 | 308 |
| Nueces County, TX | Investment refinance | 100% | 204 | 204 |
| Oklahoma County, OK | Mortgage lenders | 96% | 154 | 146 |
| Boone County, MO | Refinance | 86% | 163 | 129 |
| Benton County, AR | Mortgage lenders | 88% | 147 | 128 |
| Faulkner County, AR | Mortgage lenders | 95% | 134 | 125 |
| Nueces County, TX | Investment property purchase | 100% | 113 | 113 |
| Craighead County, AR | Mortgage lenders | 91% | 115 | 104 |
| Craighead County, AR | Investment property purchase | 100% | 91 | 91 |
| Pulaski County, AR | Home improvement loans | 57% | 161 | 91 |
| Shelby County, TN | Home improvement loans | 57% | 164 | 89 |
The county markets where Simmons Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Simmons Bank
What is Simmons Bank's mortgage approval rate?
Simmons Bank approved 77.0% of the 6,618 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.2 points below the 78.2% national rate for the same mix of loan types.
How often do borrowers take the loan Simmons Bank offers?
Borrowers accepted 98% of the loans Simmons 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 Simmons Bank make?
The typical home purchase mortgage loan Simmons Bank made was $235K; across all loan types its typical loan ran from $85K to $235K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Simmons Bank lend?
Simmons Bank decided applications in 33 of the states Fat Boy Data covers, most of them in Arkansas, Texas and Tennessee.
Can I apply to Simmons Bank directly?
Yes. Simmons Bank is a bank or credit union with 227 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Simmons 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 Simmons Bank treats applications, then get a rate quote from the lender.