# Cadence Bank

> **Canonical URL:** https://saferate.com/lenders/cadence-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Cadence Bank is a bank, headquartered in Tupelo, MS, serving borrowers across 19 states, with 6,168 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 53% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 27% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** Q7C315HKI8VX0SSKBS64
- **Headquarters:** Tupelo, MS
- **Geographic Reach:** Multi-Region
- **States Served:** 19
- **State List:** AL, AR, AZ, CO, FL, GA, IL, IN, KY, LA, MO, MS, NC, NE, OK, SC, TN, TX, VA
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 47/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 73/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.171%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,109
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 6,168
- **Dollar Volume:** $2.6 billion
- **Applications Received:** 8,799
- **Market Share:** 17.00%

## Typical Borrower Profile

- **Average Loan Amount:** $429,102
- **Average Borrower Income:** $200,976
- **Average Property Value:** $538,093

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (77%)
- ⭐ **VA Gold Superstar** (63%)
- ⭐ **USDA Gold Superstar** (77%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 85/100 | 4,088 | +0.149% | $2,159 | Exceptional 🤩 |
| FHA | 84/100 | 1,027 | +0.343% | $1,898 | Exceptional 🤩 |
| VA | 77/100 | 233 | -0.322% | $1,928 | Strong 😀 |
| Jumbo | 92/100 | 735 | +0.212% | $2,252 | Exceptional 🤩 |
| USDA | 85/100 | 85 | +0.206% | $1,747 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 3,657 loans, Score: 86/100 (Exceptional)
- Refinance: 431 loans, Score: 79/100 (Strong)

**FHA:**
- Purchase: 965 loans, Score: 84/100 (Exceptional)
- Refinance: 62 loans, Score: 76/100 (Strong)

**VA:**
- Purchase: 226 loans, Score: 77/100 (Strong)

**Jumbo:**
- Purchase: 691 loans, Score: 92/100 (Exceptional)
- Refinance: 44 loans, Score: 82/100 (Exceptional)

**USDA:**
- Purchase: 85 loans, Score: 85/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 86/100 | 5,624 | $2.5B | +0.145% | Exceptional 🤩 |
| Refinance | 78/100 | 544 | $169M | +0.391% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 2,034 | 0.58% | 85/100 |
| MS | 1,336 | 5.35% | 94/100 |
| AL | 756 | 1.26% | 87/100 |
| TN | 681 | 0.75% | 81/100 |
| AR | 311 | 0.97% | 75/100 |
| GA | 282 | 0.20% | 68/100 |
| FL | 236 | 0.08% | 60/100 |
| LA | 235 | 0.68% | 70/100 |
| MO | 175 | 0.23% | 63/100 |
| SC | 52 | 0.06% | 53/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 1,010 | 76/100 |
| Houston | TX | 926 | 85/100 |
| Jackson, MS | MS | 450 | 92/100 |
| Memphis, TN |  | 421 | 84/100 |
| Dallas | TX | 345 | 75/100 |
| Birmingham, AL | AL | 339 | 90/100 |
| Austin | TX | 208 | 75/100 |
| Nashville | TN | 175 | 71/100 |
| Gulfport | MS | 158 | 84/100 |
| Killeen | TX | 133 | 75/100 |
| Springfield, MO | MO | 123 | 75/100 |
| Atlanta | GA | 116 | 62/100 |
| Shreveport | LA | 96 | 82/100 |
| Fort Smith, AR | AR-OK | 91 | 71/100 |
| Augusta | GA-SC | 86 | 72/100 |

## Where This Lender Ranks

Cadence Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Mississippi for FHA Loans
  - [View Full Rankings](https://saferate.com/mississippi/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Mississippi for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/mississippi/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Houston for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/houston/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Tennessee for FHA Loans
  - [View Full Rankings](https://saferate.com/tennessee/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Tennessee for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/tennessee/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Jackson, MS for FHA Loans
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Jackson, MS for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/jackson-ms/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Memphis, TN for FHA Loans
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Memphis, TN for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/memphis-tn/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Dallas for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/dallas/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Birmingham, AL for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Austin for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/austin/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Gulfport for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/gulfport/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Gulfport for Jumbo Loans
  - [View Full Rankings](https://saferate.com/gulfport/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Gulfport for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/gulfport/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Killeen for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/killeen/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Daphne for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/daphne/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Tuscaloosa, AL for Conventional Loans
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Tuscaloosa, AL for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/tuscaloosa-al/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Longview, TX for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/longview-tx/best-mortgage-lenders/banks/fha-loans)

## Frequently Asked Questions

### What loan types does Cadence Bank offer?

Cadence Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Cadence Bank offer mortgages?

Cadence Bank offers mortgages in 19 states: AL, AR, AZ, CO, FL, GA, IL, IN, KY, LA, MO, MS, NC, NE, OK, SC, TN, TX, VA.

### How competitive are Cadence Bank's mortgage rates?

Cadence Bank has a pricing score of 47/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.171% above market average.

### What type of lender is Cadence Bank?

Cadence Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Tupelo, MS.

### What is Cadence Bank's loan approval success rate?

Cadence Bank has a pull-through score of 73/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/cadence-bank

### How to Cite

> "Cadence Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/cadence-bank

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