Southern Bancorp Bank mortgage approval rate & lending review
Southern Bancorp Bank decided 772 mortgage applications and funded 613 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Southern Bancorp Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Southern Bancorp Bank at a glance
Approval is 8.3 points above the 82.7% 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% | 266 / 310 | 79% | $255K | 210 |
| Refinance | 90% | 100 / 111 | 87% | $185K | 87 |
| Investment property purchase | 99% | 206 / 208 | 96% | $155K | 198 |
| Investment refinance | 99% | 76 / 77 | 99% | $115K | 75 |
| Investment home improvement | 96% | 27 / 28 | 100% | $105K | 27 |
Southern Bancorp Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Arkansas | 94% | $155K | 431 | 372 |
| Mississippi | 90% | $175K | 165 | 128 |
| Tennessee | 86% | $385K | 92 | 64 |
| Alabama | 77% | $235K | 47 | 22 |
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 Southern Bancorp Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Garland County, AR | Investment property purchase | 100% | 94 | 91 |
| Garland County, AR | Mortgage lenders | 90% | 52 | 40 |
| Garland County, AR | Refinance | 95% | 41 | 36 |
| DeSoto County, MS | Investment property purchase | 100% | 25 | 22 |
| Hinds County, MS | Mortgage lenders | 88% | 25 | 13 |
The county markets where Southern Bancorp Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Southern Bancorp Bank
What is Southern Bancorp Bank's mortgage approval rate?
Southern Bancorp Bank approved 90.9% of the 772 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.3 points above the 82.7% national rate for the same mix of loan types.
How often do borrowers take the loan Southern Bancorp Bank offers?
Borrowers accepted 87% of the loans Southern Bancorp 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 Southern Bancorp Bank make?
The typical home purchase mortgage loan Southern Bancorp Bank made was $255K; across all loan types its typical loan ran from $105K to $255K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Southern Bancorp Bank lend?
Southern Bancorp Bank decided applications in 13 of the states Fat Boy Data covers, most of them in Arkansas, Mississippi and Tennessee.
Can I apply to Southern Bancorp Bank directly?
Yes. Southern Bancorp Bank is a bank or credit union with 56 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Southern Bancorp 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 Southern Bancorp Bank treats applications, then get a rate quote from the lender.