Southern Bancorp Bank in Tennessee vs the state
6.3%Denial rate-10.89 pts vs state
8.9%Decision denial rate-12.82 pts vs state
53.6%Origination rate-4.51 pts vs state
6.63%Median rate0.00 pts vs state
0.26Rate spread (pts)+0.03 pts vs state
$89kMedian applicant income
60Loans originated
7Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 33 | 12 | 24.2% | 8.50% | #450 |
| 2025 | 112 | 60 | 6.3% | 6.63% | #299 |
What Southern Bancorp Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most Southern Bancorp Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 34 | 15 | 2 | 5.9% |
| Davidson County | 26 | 15 | 3 | 11.5% |
| Rutherford County | 21 | 11 | 0 | 0.0% |
| Hamilton County | 7 | 5 | 1 | 14.3% |
| Williamson County | 4 | 2 | 0 | 0.0% |
| Sumner County | 3 | 1 | 0 | 0.0% |
| Maury County | 2 | 2 | 0 | 0.0% |
| Wilson County | 2 | 1 | 0 | 0.0% |
| White County | 1 | 0 | 0 | 0.0% |
| Madison County | 1 | 1 | 0 | 0.0% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 112 applications in 2025, of which 60 were originated and 7 denied.
6.3% of all applications, or 8.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans Southern Bancorp Bank originated in Tennessee in 2025 was 6.63%, against a statewide median of 6.62%.
About this data. Figures are Southern Bancorp Bank's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology