Southern Bancorp Bank · Arkansas · 2025

Southern Bancorp Bank in Arkansas: approval rate, denial rate and rates (2025)

Southern Bancorp Bank took 745 mortgage applications in Arkansas in 2025, ranking #36 of 802 lenders active in the state. It originated 70.3% of them and denied 8.3% (9.8% of the applications it decided), against a statewide denial rate of 18.2%.

745Applicationsin AR
9.8%Decision denial ratestate 23.1%
7.50%Median ratestate 6.63%
$105,000Median loanstate $165,000
$80MVolume41 counties

Southern Bancorp Bank in Arkansas vs the state

8.3%Denial rate-9.87 pts vs state
9.8%Decision denial rate-13.34 pts vs state
70.3%Origination rate+13.51 pts vs state
7.50%Median rate+0.88 pts vs state
0.72Rate spread (pts)+0.38 pts vs state
$83kMedian applicant income
524Loans originated
62Denied

Trend in Arkansas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235364477.7%8.50%#44
20247225289.3%8.50%#39
20257455248.3%7.50%#36

What Southern Bancorp Bank lends in Arkansas

By loan purpose

Home purchase 429 58% · 5.8% denied
Refinance 190 26% · 10.0% denied
Cash-out refinance 15 2% · 20.0% denied
Home improvement 79 11% · 10.1% denied
Other / HELOC 32 4% · 21.9% denied

By loan type

Conventional 706 95% · 7.8% denied
FHA 31 4% · 22.6% denied
VA 3 0% · 0.0% denied
USDA / RHS 5 1% · 0.0% denied

Why it denied Arkansas applicants

Credit history 31 50%
Debt-to-income ratio 23 37%
Other 4 6%
Collateral 2 3%
Insufficient cash 1 2%
Unverifiable information 1 2%

Where in Arkansas

Counties with the most Southern Bancorp Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Garland County 100765 5.0%
Clark County 83734 4.8%
Hot Spring County 68476 8.8%
Arkansas County 66379 13.6%
Montgomery County 43362 4.7%
Phillips County 41243 7.3%
Union County 40351 2.5%
Pulaski County 38233 7.9%
Pike County 38292 5.3%
Mississippi County 37223 8.1%

Other large lenders in Arkansas

LenderGradeApplicationsDenial rateMedian rate
Arvest BankC 9,74814.4%7.00%
Rocket MortgageC 5,85420.1%6.63%
ARKANSAS Federal Credit UnionF 4,43923.6%7.50%
Vanderbilt Mortgage and FinanceF 3,49138.4%10.25%
21st MortgageF 3,25046.6%9.69%
Mortgage Research CenterC 2,76718.3%6.25%
Regions BankC 2,64640.0%6.13%
Firsttrust Home LoansB 2,5900.5%6.49%
United Shore Financial ServicesB 2,45613.3%6.12%
Triad Financial ServicesD 2,13354.2%8.68%

Frequently asked questions

Arkansas: 745 applications in 2025, of which 524 were originated and 62 denied.

8.3% of all applications, or 9.8% of the applications it actually decided on. The Arkansas statewide average across all lenders was 18.2%.

The median rate on loans Southern Bancorp Bank originated in Arkansas in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Southern Bancorp Bank's own HMDA filing for properties located in Arkansas, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology