SouthEast 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 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
89th11.7% deniedPricingmedian rate spread over APOR, weight 30%
40th0.26 ptsProcesswithdrawn + incomplete share, weight 15%
88th5.1%Closing coststotal loan costs ÷ loan amount, weight 10%
82nd1.80% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 456 | 340 | 13.6% | 14.4% | 8.25% | $110M |
| 2024 | 514 | 364 | 15.0% | 16.1% | 8.50% | $126M |
| 2025 | 494 | 388 | 11.1% | 11.7% | 7.50% | $104M |
What SouthEast 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: 267 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 76 investment properties.
Why SouthEast Bank denies applications
Primary reason reported for each of the 55 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at SouthEast Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 72 | 50 | 24.3% |
| $50k – $100k | 139 | 97 | 17.3% |
| $100k – $150k | 77 | 60 | 9.7% |
| $150k – $250k | 82 | 77 | 2.4% |
| Over $250k | 80 | 70 | 5.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 58 | 43 | 14.8% |
| 35–44 | 104 | 83 | 11.2% |
| 45–54 | 98 | 83 | 11.5% |
| 55–64 | 84 | 69 | 8.8% |
| 65–74 | 64 | 51 | 14.3% |
| Over 74 | 37 | 25 | 12.5% |
Where SouthEast Bank lends
4 states and 30 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
SouthEast Bank denied 11.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 89th percentile of home-equity (HELOC) lenders.
The most common reason SouthEast Bank gave in 2025 was "debt-to-income ratio", cited on 58.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans SouthEast Bank originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.26 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 45% of its applications were for home purchases, 13% for refinancing (including cash-out), and 42% 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.