SouthPoint Bank mortgage approval rate & lending review
SouthPoint Bank decided 1,506 mortgage applications and funded 1,338 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions SouthPoint Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
SouthPoint Bank at a glance
Approval is 3.1 points above the 86.7% 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 | 89% | 1,148 / 1,290 | 99% | $265K | 1,137 |
| Cash-out refinance | 94% | 29 / 31 | 100% | $195K | 29 |
| Refinance | 89% | 34 / 38 | 97% | $325K | 33 |
| Investment property purchase | 95% | 125 / 132 | 99% | $245K | 124 |
SouthPoint Bank lending by state
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 SouthPoint Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Jefferson County, AL | Mortgage lenders | 74% | 471 | 347 |
| Shelby County, AL | Mortgage lenders | 97% | 314 | 305 |
| Calhoun County, AL | Mortgage lenders | 97% | 153 | 145 |
| Morgan County, AL | Mortgage lenders | 99% | 135 | 133 |
| Jefferson County, AL | Investment property purchase | 96% | 52 | 49 |
| Limestone County, AL | Mortgage lenders | 100% | 39 | 39 |
| Montgomery County, AL | Mortgage lenders | 97% | 38 | 35 |
| Etowah County, AL | Mortgage lenders | 97% | 35 | 34 |
The county markets where SouthPoint Bank made the most loans. Each link opens that market with every lender ranked.
Questions about SouthPoint Bank
What is SouthPoint Bank's mortgage approval rate?
SouthPoint Bank approved 89.7% of the 1,506 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.1 points above the 86.7% national rate for the same mix of loan types.
How often do borrowers take the loan SouthPoint Bank offers?
Borrowers accepted 99% of the loans SouthPoint 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 SouthPoint Bank make?
The typical home purchase mortgage loan SouthPoint Bank made was $265K; across all loan types its typical loan ran from $195K to $325K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does SouthPoint Bank lend?
SouthPoint Bank decided applications in 10 of the states Fat Boy Data covers, most of them in Alabama, Florida and Georgia.
Can I apply to SouthPoint Bank directly?
Yes. SouthPoint Bank is a bank or credit union with 11 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show SouthPoint 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 SouthPoint Bank treats applications, then get a rate quote from the lender.