Synergy 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%
48th5.1% deniedProcesswithdrawn + incomplete share, weight 15%
42nd6.7%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 268 | 237 | 3.0% | 3.1% | — | $42M |
| 2024 | 369 | 296 | 6.0% | 6.5% | — | $55M |
| 2025 | 420 | 352 | 4.8% | 5.1% | — | $69M |
What Synergy 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, 59 manufactured homes, 343 investment properties.
Who gets approved at Synergy Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 23 | 13 | 27.8% |
| $50k – $100k | 37 | 24 | 15.2% |
| $100k – $150k | 33 | 23 | 19.4% |
| $150k – $250k | 34 | 28 | 3.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 31 | 22 | 15.4% |
| 45–54 | 38 | 26 | 16.2% |
| 65–74 | 30 | 24 | 7.1% |
Where Synergy Bank lends
4 states and 29 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Louisiana | 409 | 343 | 4.9% | — | #68 |
| Mississippi | 7 | 7 | 0.0% | — | #307 |
Frequently asked questions
Synergy Bank denied 5.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 48th percentile of investment-property lenders.
In 2025, 31% of its applications were for home purchases, 64% for refinancing (including cash-out), and 5% 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.