Southpoint Financial 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 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%
43rd11.4% deniedProcesswithdrawn + incomplete share, weight 15%
31st16.0%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 250 | 231 | 4.0% | 4.1% | — | $35M |
| 2024 | 330 | 275 | 6.1% | 6.7% | — | $43M |
| 2025 | 418 | 311 | 9.6% | 11.4% | — | $56M |
What Southpoint Financial 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, 42 investment properties.
Who gets approved at Southpoint Financial
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 51 | 26 | 39.5% |
| $50k – $100k | 161 | 124 | 10.8% |
| $100k – $150k | 91 | 67 | 4.3% |
| $150k – $250k | 52 | 39 | 4.9% |
| Over $250k | 20 | 17 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 41 | 39 | 2.5% |
| 25–34 | 85 | 66 | 8.3% |
| 35–44 | 106 | 75 | 14.8% |
| 45–54 | 73 | 46 | 17.9% |
| 55–64 | 45 | 36 | 7.7% |
| 65–74 | 31 | 15 | 25.0% |
Where Southpoint Financial lends
5 states and 49 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Southpoint Financial denied 11.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 43rd percentile of small mortgage lenders.
In 2025, 56% of its applications were for home purchases, 34% for refinancing (including cash-out), and 10% 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.