# Friend Bank

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


Friend Bank is a bank, headquartered in Slocomb, AL, with 21 loans originated in the most recent reporting period.

**At a Glance:**
- **Approval Rate:** Ranks in the top 59% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 54930033V1OQ5VFHI630
- **Headquarters:** Slocomb, AL
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** AL
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pull Through: Sound ☺️
- Score: 41/100
- Rating: ●●●○○ (3/5)


### Lending Volume
- **Total Loans:** 21
- **Dollar Volume:** $4 million
- **Applications Received:** 28
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $193,095
- **Average Borrower Income:** $106,524
- **Average Property Value:** $272,143

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 35/100 | 21 | +0.479% | $680 | Acceptable 🙂 |

### Product Performance by Purpose

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 27/100 | 12 | $3M | +0.528% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| AL | 21 | 0.04% | 59/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Dothan, AL | AL | 20 | 69/100 |

## Where This Lender Ranks

Friend Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#9** in Dothan, AL Banks
  - [View Full Rankings](https://saferate.com/dothan-al/best-mortgage-lenders/banks)
- 🏆 **#10** in Dothan, AL for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/dothan-al/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does Friend Bank offer?

Friend Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Friend Bank offer mortgages?

Friend Bank offers mortgages in 1 states: AL.

### What type of lender is Friend Bank?

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

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

Friend Bank has a pull-through score of 41/100 (Sound). 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/friend-bank

### How to Cite

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

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