First Southern Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
31st15.0% deniedProcesswithdrawn + incomplete share, weight 15%
58th9.8%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 116 | 86 | 17.2% | 18.7% | — | $9.5M |
| 2024 | 111 | 84 | 14.4% | 15.2% | — | $10M |
| 2025 | 133 | 98 | 13.5% | 15.0% | — | $14M |
What First Southern Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 43 investment properties.
Who gets approved at First Southern Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 42 | 25 | 28.6% |
| $100k – $150k | 27 | 21 | 12.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 45–54 | 23 | 17 | 18.2% |
| 55–64 | 32 | 26 | 15.6% |
Where First Southern Bank lends
1 states and 15 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Mississippi | 133 | 98 | 13.5% | — | #109 |
Frequently asked questions
First Southern Bank denied 15.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 31st percentile of small mortgage lenders.
In 2025, 27% of its applications were for home purchases, 56% for refinancing (including cash-out), and 17% for home improvement or other purposes. By loan type: 98% conventional, 1% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.