Synovus Bank mortgage approval rate & lending review
Synovus Bank decided 13,152 mortgage applications and funded 9,764 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Synovus Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to synovus.com.
Synovus Bank at a glance
Approval is 0.3 points below the 78.4% 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 | 88% | 5,152 / 5,874 | 99% | $255K | 5,094 |
| Home improvement loans | 64% | 1,895 / 2,983 | 89% | $105K | 1,687 |
| Cash-out refinance | 61% | 172 / 284 | 97% | $235K | 166 |
| Refinance | 74% | 2,283 / 3,092 | 90% | $215K | 2,064 |
| Investment property purchase | 88% | 453 / 513 | 97% | $245K | 441 |
| Investment cash-out refinance | 46% | 13 / 28 | 100% | $185K | 13 |
| Investment refinance | 90% | 252 / 279 | 97% | $105K | 245 |
| Investment home improvement | 56% | 55 / 99 | 98% | $165K | 54 |
Synovus Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Georgia | 81% | $215K | 5,807 | 4,464 |
| Florida | 68% | $225K | 3,377 | 2,138 |
| Alabama | 85% | $215K | 2,297 | 1,885 |
| South Carolina | 81% | $245K | 1,223 | 943 |
| Tennessee | 77% | $305K | 404 | 296 |
| North Carolina | 97% | $325K | 34 | 33 |
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 Synovus Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Muscogee County, GA | Mortgage lenders | 96% | 513 | 484 |
| Jefferson County, AL | Mortgage lenders | 86% | 414 | 354 |
| Houston County, GA | Mortgage lenders | 93% | 264 | 240 |
| Limestone County, AL | Mortgage lenders | 93% | 240 | 222 |
| Fulton County, GA | Refinance | 72% | 330 | 212 |
| Fulton County, GA | Mortgage lenders | 85% | 227 | 190 |
| Bartow County, GA | Mortgage lenders | 95% | 169 | 158 |
| Muscogee County, GA | Refinance | 88% | 177 | 149 |
| Morgan County, AL | Mortgage lenders | 94% | 160 | 146 |
| Montgomery County, AL | Mortgage lenders | 87% | 166 | 144 |
| Fulton County, GA | Home improvement loans | 71% | 222 | 139 |
| Escambia County, FL | Mortgage lenders | 83% | 165 | 137 |
The county markets where Synovus Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Synovus Bank
What is Synovus Bank's mortgage approval rate?
Synovus Bank approved 78.1% of the 13,152 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 0.3 points below the 78.4% national rate for the same mix of loan types.
How often do borrowers take the loan Synovus Bank offers?
Borrowers accepted 95% of the loans Synovus 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 Synovus Bank make?
The typical home purchase mortgage loan Synovus 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 Synovus Bank lend?
Synovus Bank decided applications in 14 of the states Fat Boy Data covers, most of them in Georgia, Florida and Alabama.
Can I apply to Synovus Bank directly?
Yes. Synovus Bank reports as a direct lender that takes applications from borrowers. Its website is synovus.com.
Does this page show Synovus 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 Synovus Bank treats applications, then get a rate quote from the lender.