# Southern Bancorp Bank

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


Southern Bancorp Bank is a bank, headquartered in Arkadelphia, AR, serving borrowers across 6 states, with 183 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 94% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 53% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300JQEF6V2RNWCC75
- **Headquarters:** Arkadelphia, AR
- **Geographic Reach:** Multi-Region
- **States Served:** 6
- **State List:** AR, KS, MO, MS, SC, TN
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 6/100
- Rating: ●○○○○ (1/5)

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

### Pricing Details
- **Average Rate Spread:** +1.105%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $571
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 183
- **Dollar Volume:** $24 million
- **Applications Received:** 353
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $129,372
- **Average Borrower Income:** $121,230
- **Average Property Value:** $214,235

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 55/100 | 182 | +1.104% | $539 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 68 loans, Score: 32/100 (Acceptable)
- Refinance: 114 loans, Score: 70/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 32/100 | 69 | $14M | +1.132% | Acceptable 🙂 |
| Refinance | 68/100 | 114 | $10M | +1.084% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| AR | 130 | 0.40% | 73/100 |
| MS | 48 | 0.19% | 62/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 132 | 64/100 |
| Hot Springs, AR | AR | 19 | 64/100 |
| Jackson, MS | MS | 10 | 45/100 |

## Where This Lender Ranks

Southern Bancorp Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#9** in Hot Springs, AR for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/hot-springs-ar/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does Southern Bancorp Bank offer?

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

### Where does Southern Bancorp Bank offer mortgages?

Southern Bancorp Bank offers mortgages in 6 states: AR, KS, MO, MS, SC, TN.

### How competitive are Southern Bancorp Bank's mortgage rates?

Southern Bancorp Bank has a pricing score of 6/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 1.105% above market average.

### What type of lender is Southern Bancorp Bank?

Southern Bancorp Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Arkadelphia, AR.

### What is Southern Bancorp Bank's loan approval success rate?

Southern Bancorp Bank has a pull-through score of 47/100 (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/southern-bancorp-bank

### How to Cite

> "Southern Bancorp Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/southern-bancorp-bank

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