Magnolia Bank, Incorporated: 2025 mortgage rates, costs & approvals
How Magnolia Bank, Incorporated priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: Magnolia Bank, Incorporated · LEI 549300REENMLD2RN3W58
In 2025, Magnolia Bank, Incorporated originated 3,666 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 50 states — 175th by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.625% (all lenders: 6.625%); its median rate spread was 11 basis points above the national median. Median conventional loan costs were $4,790, 14% lower than the national median ($5,570).
It denied 6.1% of completed home-purchase applications (all lenders: 8.5%).
How Magnolia Bank, Incorporated priced home-purchase loans
| Purchase loans, 2025 | Magnolia Bank, Incorporated | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.625% | 6.625% |
| 30-year fixed rate · FHA | 6.250% | 6.250% |
| 30-year fixed rate · VA | 6.250% | 6.125% |
| 15-year fixed rate · conventional | — | 5.875% |
| Rate spread vs. APOR · conventional | +0.25 pts | +0.13 pts |
| Total loan costs · conventional | $4,790 | $5,570 |
| Total loan costs · FHA | $9,240 | $11,310 |
| Total loan costs · VA | $6,510 | $6,490 |
| Origination charges (all types) | $1,980 | $1,860 |
| Borrowers paying discount points | 47.3% | 51.3% |
| Points paid, when paid (% of loan) | 0.61% | 0.87% |
| Borrowers receiving lender credits | 47.2% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Why Magnolia Bank, Incorporated denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Magnolia Bank, Incorporated lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Kentucky | 665 | 723 | 6.7% | 6.625% | $3,920 |
| Georgia | 634 | 678 | 2.3% | 6.625% | $5,830 |
| Mississippi | 389 | 408 | 2.8% | 6.625% | $4,760 |
| Alabama | 197 | 213 | 3.6% | 6.625% | $4,340 |
| Indiana | 189 | 214 | 6.3% | 6.750% | $3,570 |
| South Carolina | 172 | 191 | 7.1% | 6.875% | $6,590 |
| Texas | 137 | 145 | 5.1% | 6.625% | $8,570 |
| Florida | 126 | 145 | 2.1% | 6.625% | $4,460 |
| Tennessee | 82 | 93 | 6.7% | — | $5,450 |
| California | 80 | 106 | 32.0% | — | — |
| Virginia | 75 | 86 | — | — | — |
| New York | 64 | 72 | 11.1% | — | — |
| Ohio | 60 | 68 | 20.8% | — | — |
| Missouri | 59 | 66 | 0.0% | — | — |
| Pennsylvania | 57 | 71 | 13.8% | — | — |
| Arkansas | 54 | 58 | 10.0% | — | — |
| Illinois | 52 | 61 | 4.8% | — | — |
| North Carolina | 50 | 62 | 18.5% | — | — |
| Michigan | 49 | 55 | 4.8% | — | — |
| Arizona | 40 | 48 | — | — | — |
| Massachusetts | 38 | 51 | — | — | — |
| Connecticut | 32 | 40 | 18.5% | — | — |
| New Jersey | 32 | 36 | — | — | — |
| West Virginia | 30 | 31 | — | — | — |
| Wisconsin | 28 | 38 | — | — | — |
| Minnesota | 27 | 31 | — | — | — |
| Nevada | 24 | 27 | — | — | — |
| Colorado | 22 | 26 | — | — | — |
| New Mexico | 22 | 26 | — | — | — |
| Utah | 21 | 30 | — | — | — |
| Oregon | 20 | 24 | — | — | — |
| Oklahoma | 17 | 21 | — | — | — |
| Idaho | 16 | 21 | — | — | — |
| Louisiana | 16 | 20 | — | — | — |
| Nebraska | 10 | 16 | — | — | — |
| Delaware | 10 | 12 | — | — | — |
| Iowa | 10 | 12 | — | — | — |
| Kansas | 10 | 10 | — | — | — |
| Wyoming | 9 | 10 | — | — | — |
| New Hampshire | 8 | 10 | — | — | — |
| Rhode Island | 7 | 7 | — | — | — |
| Montana | 5 | 6 | — | — | — |
| North Dakota | 4 | 5 | — | — | — |
| Washington | 3 | 5 | — | — | — |
| Alaska | 3 | 4 | — | — | — |
| Hawaii | 3 | 4 | — | — | — |
| South Dakota | 3 | 3 | — | — | — |
| Vermont | 3 | 3 | — | — | — |
| Maine | 1 | 2 | — | — | — |
| District of Columbia | 1 | 1 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Magnolia Bank, Incorporated's page for that state.
Counties where Magnolia Bank, Incorporated is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Elbert County, GA | 1 | 21 | 13.4% |
| Haralson County, GA | 1 | 53 | 10.7% |
| Madison County, GA | 3 | 39 | 10.5% |
| Webster County, MS | 2 | 7 | 10.4% |
| Clay County, KY | 2 | 5 | 7.9% |
| Heard County, GA | 2 | 12 | 7.8% |
| Edmonson County, KY | 3 | 14 | 7.6% |
| Adair County, KY | 4 | 6 | 7.5% |
| Cleburne County, AL | 3 | 10 | 7.5% |
| Chickasaw County, MS | 3 | 6 | 7.1% |
| Lowndes County, MS | 3 | 41 | 6.9% |
| Oglethorpe County, GA | 3 | 14 | 6.7% |
| Knox County, KY | 4 | 10 | 6.5% |
| Quay County, NM | 9 | 2 | 6.3% |
| Noxubee County, MS | 10 | 1 | 6.3% |
Check Magnolia Bank, Incorporated yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 549300REENMLD2RN3W58.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Magnolia Bank, Incorporated with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology