Sullivan Bank mortgage approval rate & lending review
Sullivan Bank decided 712 mortgage applications and funded 641 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Sullivan Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Sullivan Bank at a glance
Approval is 15.0 points above the 82.9% 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 | 97% | 242 / 250 | 91% | $195K | 220 |
| Cash-out refinance | 92% | 33 / 36 | 94% | $105K | 31 |
| Refinance | 96% | 69 / 72 | 93% | $165K | 64 |
| Investment property purchase | 100% | 236 / 237 | 92% | $165K | 216 |
| Investment cash-out refinance | 100% | 47 / 47 | 94% | $155K | 44 |
| Investment refinance | 100% | 50 / 50 | 92% | $175K | 46 |
Sullivan Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Missouri | 98% | $165K | 702 | 633 |
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 Sullivan Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Franklin County, MO | Mortgage lenders | 96% | 222 | 195 |
| Franklin County, MO | Investment property purchase | 100% | 106 | 96 |
| Greene County, MO | Investment property purchase | 98% | 61 | 59 |
| Franklin County, MO | Refinance | 96% | 55 | 49 |
| Franklin County, MO | Cash-out refinance | 91% | 34 | 29 |
| Greene County, MO | Investment cash-out refinance | 100% | 26 | 26 |
| Greene County, MO | Investment refinance | 100% | 26 | 24 |
| St. Louis County, MO | Investment property purchase | 100% | 20 | 17 |
| St. Louis city, MO | Investment property purchase | 100% | 20 | 17 |
The county markets where Sullivan Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Sullivan Bank
What is Sullivan Bank's mortgage approval rate?
Sullivan Bank approved 97.9% of the 712 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 15.0 points above the 82.9% national rate for the same mix of loan types.
How often do borrowers take the loan Sullivan Bank offers?
Borrowers accepted 92% of the loans Sullivan 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 Sullivan Bank make?
The typical home purchase mortgage loan Sullivan Bank made was $195K; across all loan types its typical loan ran from $105K to $195K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Sullivan Bank lend?
Sullivan Bank decided applications in 6 of the states Fat Boy Data covers, most of them in Missouri, Kansas and Florida.
Can I apply to Sullivan Bank directly?
Yes. Sullivan 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 Sullivan 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 Sullivan Bank treats applications, then get a rate quote from the lender.