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Southern Bank and Trust Company

Bank•Mount Olive, NCHQ•Direct•Reviews near you on Google

We analyzed every closed loan from Southern Bank and Trust Company — 453 loans across 565 applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Strong
4/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
Conventional · VA · Jumbo
Place
Strong
4/5
Regional · 6 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Safe Rate Awards
Conventional Superstar
Conventional
Superstar
Purchase Superstar
Purchase
Superstar

Safe Rate Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees
  • Strong pull through performance

Explore another lender or local market

Report Card

Southern Bank and Trust Company performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
+3.2 bps above market avg
4/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
423 loans · 0.07% above market
Strong
Top 40% of lenders
4/5
VA
15 loans · 0.65% below market
Sound
Top 60% of lenders
3/5
Jumbo
12 loans · 0.70% above market
Sound
Top 60% of lenders
3/5
By Loan Purpose· Transaction purpose mix
Purchase
398 loans · 0.05% above market
Strong
Top 40% of lenders
4/5
Refinance
55 loans · 0.04% below market
Sound
Top 60% of lenders
3/5
By Location· Geographic coverage
Geographic Reach
Regional · 7 markets
Strong
Top 40% of lenders
4/5

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Strong
Product
Strong
Pricing
Sound
Pull Through
Strong
Volume423
Mix93.4%
Spread
+0.067%Above
Fees
$1,857Fees
VA Loans
Overall
Sound
Product
Sound
Pricing—
Pull Through—
Volume15
Mix3.3%
Spread
-0.653%Below
Fees
$891Fees
Jumbo Loans
Overall
Sound
Product
Sound
Pricing—
Pull Through—
Volume12
Mix2.6%
Spread
+0.698%Above
Fees
$4,723Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Strong
Product
Strong
Pricing
Strong
Pull Through
Strong
Volume398
Mix87.9%
Spread
+0.052%Above
Fees
$1,734Fees
Refinance
Overall
Sound
Product
Sound
Pricing
Sound
Pull Through
Sound
Volume55
Mix12.1%
Spread
-0.038%Below
Fees
$2,150Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
453
Applications
565
Volume
$173 million
Pricing & Closing
Avg Rate Spread
+0.032%
vs. market APOR
Avg Net Fees
$1,825
Origination − Credits
Pullthrough Rate
80.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$383,698
Avg Borrower Income
$174,885
Avg Property Value
$562,550

Geographic Coverage

Geographic Performance

Metro Areas
6
markets with activity
States Served
3
of 50 states + DC
Avg Place Specialization
Strong
4/5

States with Loan Originations

3Full-year 2024 · HMDA
3 states with loan originations
Loans originated
< 5050+None
South3
NCSCVA

Top Metro Areas by Place Specialization Score

1© Spatms · CC BY-SA 4.0
Greenville, NCMetro
Volume 37Mix 8.17% of portfolio
76/100
Strong
2© Kee1992 · CC BY-SA 4.0
Rocky Mount, NCMetro
Volume 29Mix 6.40% of portfolio
75/100
Strong
3© Quintin Soloviev · CC BY 4.0
Wilmington, NCMetro
Volume 53Mix 11.70% of portfolio
72/100
Strong
4© Manteo2murphy · CC BY-SA 4.0
Goldsboro, NCMetro
Volume 18Mix 3.97% of portfolio
64/100
Strong
5© Greyfiveys · CC BY-SA 4.0
Virginia Beach, VA-NCMetro
Volume 41Mix 9.05% of portfolio
59/100
Sound
6© Catherine from Brooklyn, NY · CC BY 2.0
Raleigh, NCMetro
Volume 20Mix 4.42% of portfolio
51/100
Sound

Top States by Place Specialization Score

North Carolina
North Carolina
1
North CarolinaState
Volume 422Mix 93.16% of portfolio
78/100
Strong
Virginia
Virginia
2
VirginiaState
Volume 30Mix 6.62% of portfolio
51/100
Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps: Pricing, Product, Pull-Through, Place, and Promptness. Promptness measures how quickly a lender answers real shopper quote requests; a lender with none measured yet is counted at an estimate.

Our Point System (Max 50 Points)

10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion
Champion(80%+ = 40-50 points)
Superstar
Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary Safe Rate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Looking for a different lender?

The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.