Southern Heritage 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 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
35th7.8% deniedProcesswithdrawn + incomplete share, weight 15%
33rd8.8%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 316 | 276 | 5.1% | 5.4% | — | $35M |
| 2024 | 322 | 271 | 8.7% | 9.4% | — | $36M |
| 2025 | 353 | 297 | 7.1% | 7.8% | — | $41M |
What Southern Heritage 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, 73 manufactured homes, 195 investment properties.
Who gets approved at Southern Heritage Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 42 | 26 | 23.5% |
| $50k – $100k | 64 | 43 | 17.3% |
| $100k – $150k | 39 | 31 | 6.1% |
| $150k – $250k | 32 | 28 | 9.7% |
| Over $250k | 27 | 26 | 3.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 31 | 20 | 23.1% |
| 35–44 | 28 | 21 | 12.5% |
| 45–54 | 49 | 35 | 16.7% |
| 55–64 | 50 | 40 | 11.1% |
| 65–74 | 32 | 29 | 0.0% |
Where Southern Heritage Bank lends
1 states and 20 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Louisiana | 353 | 297 | 7.1% | — | #80 |
Frequently asked questions
Southern Heritage Bank denied 7.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 35th percentile of investment-property lenders.
In 2025, 39% of its applications were for home purchases, 52% for refinancing (including cash-out), and 8% 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.