# Synovus Bank

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


Synovus Bank is a bank, headquartered in Columbus, GA, serving borrowers across 7 states, with 2,008 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 44% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 35% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** DX0JX77PRMOELF7VG772
- **Headquarters:** Columbus, GA
- **Geographic Reach:** Multi-Region
- **States Served:** 7
- **State List:** AL, FL, GA, MS, NC, SC, TN
- **Markets (MSAs):** 34
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 56/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.087%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,197
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 2,008
- **Dollar Volume:** $801 million
- **Applications Received:** 3,190
- **Market Share:** 6.00%

## Typical Borrower Profile

- **Average Loan Amount:** $399,138
- **Average Borrower Income:** $206,640
- **Average Property Value:** $528,456

## Safe Rate Awards 🏆

- 💎 **USDA Diamond Champion** (84%)
- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **VA Gold Superstar** (70%)
- ⭐ **Jumbo Gold Superstar** (77%)
- ⭐ **Purchase Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 79/100 | 1,089 | +0.155% | $2,331 | Strong 😀 |
| FHA | 80/100 | 476 | +0.281% | $2,335 | Strong 😀 |
| VA | 77/100 | 185 | -0.538% | $1,384 | Strong 😀 |
| Jumbo | 85/100 | 195 | -0.276% | $1,663 | Exceptional 🤩 |
| USDA | 84/100 | 63 | -0.117% | $2,047 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 980 loans, Score: 80/100 (Strong)
- Refinance: 109 loans, Score: 52/100 (Sound)

**FHA:**
- Purchase: 463 loans, Score: 80/100 (Strong)

**VA:**
- Purchase: 181 loans, Score: 77/100 (Strong)

**Jumbo:**
- Purchase: 178 loans, Score: 83/100 (Exceptional)

**USDA:**
- Purchase: 63 loans, Score: 84/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 80/100 | 1,865 | $746M | +0.087% | Exceptional 🤩 |
| Refinance | 66/100 | 143 | $55M | +0.092% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| GA | 893 | 0.65% | 85/100 |
| AL | 573 | 0.96% | 87/100 |
| FL | 321 | 0.11% | 68/100 |
| SC | 172 | 0.21% | 70/100 |
| TN | 35 | 0.04% | 49/100 |
| NC | 12 | 0.01% | 36/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 211 | 59/100 |
| Columbus, GA | GA-AL | 206 | 97/100 |
| Birmingham, AL | AL | 174 | 83/100 |
| Atlanta | GA | 162 | 70/100 |
| Huntsville, AL | AL | 109 | 76/100 |
| Warner Robins, GA | GA | 92 | 84/100 |
| Marietta, GA | GA | 82 | 68/100 |
| Pensacola | FL | 79 | 71/100 |
| Columbia, SC | SC | 69 | 68/100 |
| Tampa, FL | FL | 59 | 59/100 |
| Montgomery, AL | AL | 58 | 70/100 |
| Athens | GA | 55 | 79/100 |
| Decatur, AL | AL | 51 | 78/100 |
| Albany, GA | GA | 48 | 77/100 |
| Augusta | GA-SC | 47 | 64/100 |

## Where This Lender Ranks

Synovus Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Georgia for USDA Loans
  - [View Full Rankings](https://saferate.com/georgia/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in Georgia for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/georgia/best-mortgage-lenders/banks/usda-loans)
- 🥇 **#1** in Alabama for Jumbo Loans
  - [View Full Rankings](https://saferate.com/alabama/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Alabama for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/alabama/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Columbus, GA Banks
  - [View Full Rankings](https://saferate.com/columbus-ga/best-mortgage-lenders/banks)
- 🥇 **#1** in Columbus, GA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/columbus-ga/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Columbus, GA for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/columbus-ga/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Columbus, GA for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/columbus-ga/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Birmingham, AL for Jumbo Loans
  - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Birmingham, AL for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Huntsville, AL for Jumbo Loans
  - [View Full Rankings](https://saferate.com/huntsville-al/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Huntsville, AL for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/huntsville-al/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Warner Robins, GA for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/warner-robins-ga/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Warner Robins, GA for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/warner-robins-ga/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Marietta, GA for USDA Loans
  - [View Full Rankings](https://saferate.com/marietta-ga/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in Marietta, GA for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/marietta-ga/best-mortgage-lenders/banks/usda-loans)
- 🥇 **#1** in Athens for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/athens/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Athens for Jumbo Loans
  - [View Full Rankings](https://saferate.com/athens/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Athens for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/athens/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Macon for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/macon/best-mortgage-lenders/banks/va-loans)

## Frequently Asked Questions

### What loan types does Synovus Bank offer?

Synovus 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 Synovus Bank offer mortgages?

Synovus Bank offers mortgages in 7 states: AL, FL, GA, MS, NC, SC, TN.

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

Synovus Bank has a pricing score of 56/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.087% above market average.

### What type of lender is Synovus Bank?

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

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

Synovus Bank has a pull-through score of 65/100 (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/synovus-bank

### How to Cite

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

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