SmartBank mortgage approval rate & lending review
SmartBank decided 1,444 mortgage applications and funded 1,223 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions SmartBank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
SmartBank at a glance
Approval is 12.6 points above the 81.0% 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 | 96% | 636 / 662 | 89% | $385K | 568 |
| Home improvement loans | 84% | 167 / 198 | 94% | $125K | 157 |
| Cash-out refinance | 89% | 72 / 81 | 86% | $135K | 62 |
| Refinance | 90% | 98 / 109 | 85% | $305K | 83 |
| Investment property purchase | 98% | 296 / 302 | 93% | $185K | 275 |
| Investment refinance | 88% | 44 / 50 | 93% | $185K | 41 |
| Investment home improvement | 93% | 28 / 30 | 93% | $105K | 26 |
SmartBank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 92% | $305K | 832 | 685 |
| Alabama | 96% | $135K | 436 | 395 |
| Florida | 93% | $375K | 136 | 112 |
| Georgia | 90% | $305K | 21 | 15 |
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 SmartBank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Hamilton County, TN | Mortgage lenders | 98% | 127 | 105 |
| Bradley County, TN | Mortgage lenders | 97% | 68 | 56 |
| Blount County, TN | Mortgage lenders | 95% | 57 | 53 |
| Madison County, AL | Investment property purchase | 100% | 50 | 50 |
| Knox County, TN | Mortgage lenders | 93% | 59 | 49 |
| Bay County, FL | Mortgage lenders | 92% | 50 | 40 |
| Tuscaloosa County, AL | Mortgage lenders | 93% | 45 | 37 |
| Hamilton County, TN | Home improvement loans | 85% | 40 | 33 |
| Knox County, TN | Home improvement loans | 84% | 43 | 33 |
| Blount County, TN | Investment property purchase | 94% | 32 | 29 |
| Tuscaloosa County, AL | Investment property purchase | 100% | 29 | 27 |
| Hamilton County, TN | Investment property purchase | 94% | 35 | 27 |
The county markets where SmartBank made the most loans. Each link opens that market with every lender ranked.
Questions about SmartBank
What is SmartBank's mortgage approval rate?
SmartBank approved 93.6% of the 1,444 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.6 points above the 81.0% national rate for the same mix of loan types.
How often do borrowers take the loan SmartBank offers?
Borrowers accepted 90% of the loans SmartBank 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 SmartBank make?
The typical home purchase mortgage loan SmartBank made was $385K; across all loan types its typical loan ran from $105K to $385K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does SmartBank lend?
SmartBank decided applications in 16 of the states Fat Boy Data covers, most of them in Tennessee, Alabama and Florida.
Can I apply to SmartBank directly?
Yes. SmartBank is a bank or credit union with 43 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show SmartBank'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 SmartBank treats applications, then get a rate quote from the lender.