Lender profile · HMDA 2023–2025
Security Federal Bank mortgage approval rates & lending data
Security Federal Bank decided 770 mortgage applications and funded 670 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 89% | 440 / 497 | 98% | $225K | 431 |
| Cash-out refinance | 81% | 63 / 78 | 100% | $215K | 63 |
| Refinance | 89% | 58 / 65 | 98% | $325K | 57 |
| Investment property purchase | 94% | 83 / 88 | 98% | $155K | 81 |
Security Federal Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| South Carolina | 90% | $225K | 563 | 500 |
| Georgia | 85% | $185K | 205 | 168 |
| Florida | 100% | $405K | 1 | 1 |
| North Carolina | 100% | $615K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.