Lender profile · HMDA 2023–2025
Simmons Bank mortgage approval rates & lending data
Simmons Bank decided 6,618 mortgage applications and funded 5,003 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 | 86% | 2,280 / 2,643 | 99% | $235K | 2,248 |
| Home improvement loans | 57% | 929 / 1,620 | 97% | $85K | 897 |
| Cash-out refinance | 42% | 76 / 180 | 100% | $215K | 76 |
| Refinance | 70% | 654 / 940 | 95% | $115K | 624 |
| Investment property purchase | 97% | 736 / 755 | 100% | $165K | 734 |
| Investment cash-out refinance | 26% | 9 / 34 | 100% | $105K | 9 |
| Investment refinance | 97% | 329 / 339 | 100% | $195K | 329 |
| Investment home improvement | 80% | 86 / 107 | 100% | $105K | 86 |
Simmons Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Arkansas | 81% | $215K | 2,209 | 1,763 |
| Texas | 72% | $195K | 1,654 | 1,169 |
| Tennessee | 75% | $155K | 1,353 | 990 |
| Missouri | 75% | $75K | 766 | 552 |
| Oklahoma | 88% | $165K | 318 | 276 |
| Kansas | 79% | $165K | 145 | 113 |
| Mississippi | 81% | $185K | 43 | 34 |
| Florida | 80% | $365K | 20 | 16 |
| Illinois | 69% | $175K | 13 | 9 |
| Georgia | 75% | $275K | 12 | 9 |
| Alabama | 80% | $435K | 10 | 8 |
| Louisiana | 78% | $155K | 9 | 7 |
| North Carolina | 100% | $455K | 9 | 9 |
| South Carolina | 100% | $375K | 9 | 9 |
| Colorado | 100% | $595K | 7 | 7 |
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.