Paragon Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A 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%
78th4.0% deniedProcesswithdrawn + incomplete share, weight 15%
57th10.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 231 | 205 | 1.7% | 1.9% | — | $65M |
| 2024 | 204 | 182 | 3.9% | 4.2% | — | $59M |
| 2025 | 196 | 169 | 3.6% | 4.0% | — | $58M |
What Paragon 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, 64 investment properties.
Who gets approved at Paragon Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 29 | 22 | 12.0% |
| $100k – $150k | 20 | 19 | 0.0% |
| $150k – $250k | 45 | 36 | 2.7% |
| Over $250k | 41 | 33 | 2.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 42 | 36 | 2.7% |
| 35–44 | 40 | 30 | 6.3% |
| 55–64 | 22 | 17 | 10.5% |
Where Paragon Bank lends
12 states and 38 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Tennessee | 104 | 91 | 2.9% | — | #321 |
| Mississippi | 43 | 37 | 2.3% | — | #184 |
| North Carolina | 22 | 19 | 4.6% | — | #514 |
| Georgia | 8 | 6 | 12.5% | — | #713 |
| Alabama | 7 | 7 | 0.0% | — | #538 |
| Florida | 5 | 4 | 0.0% | — | #1,100 |
Frequently asked questions
Paragon Bank denied 4.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 78th percentile of small mortgage lenders.
In 2025, 80% of its applications were for home purchases, 20% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 100% conventional, 0% 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.