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Vanderbilt Mortgage and Finance, Inc in Alabama

HMDA record for properties in Alabama, calendar year 2024. National record · Alabama overview

LEI 5493000YNV8IX4VD3X12
Reporting agency Department of Housing and Urban Development
State Alabama

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

Vanderbilt Mortgage and Finance, Inc's 2024 HMDA record for Alabama covers 8,323 applications, 1,559 of them originated, worth $268m.

Its denial rate in the state was 66.5%, above the Alabama rate of 26.3% across all lenders and compared with the lender's national rate of 69.7%.

The median rate spread on its Alabama originations was 3.2 percentage points (state median 0.4).

Applications in the state were down 5% on 2023.

8,323applications in AL, 20246.8% of the lender's total
1,559loans originated$268m
66.5%denial rateAL all lenders 26.3%
3.2 ppmedian rate spreadAL 0.4 pp

Compared with the state and the lender's national record

MeasureIn AlabamaAlabama, all lendersVanderbilt Mortgage and Finance, Inc, all statesUnited States
Denial rate66.5%26.3%69.7%24.3%
Median rate spread, pp3.20.42.50.3
Originations with spread of 1.5 pp or more70.3%16.5%61.0%15.6%
Average originated loan$172k$228k$204k$329k
Home purchase share99.2%59.0%98.8%57.0%
FHA-insured share8.5%18.0%11.3%13.4%
VA-guaranteed share4.9%12.5%5.2%7.9%

Trend by year

ApplicationsOriginations

04,3998,7982022: 8,439 Applications2023: 8,798 Applications2024: 8,323 Applications2022: 1,450 Originations2023: 1,421 Originations2024: 1,559 Originations202220232024
Vanderbilt Mortgage and Finance, Inc in Alabama: applications and originations, 2022–2024

This lender in stateAlabama, all lenders

0%34.7%69.4%2022: 69% This lender in state2023: 69.4% This lender in state2024: 66.5% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Alabama

By purpose

Home purchase 99% (1,546)Refinancing 0% (2)Cash-out refinancing 1% (11)

By type

Conventional 86% (1,339)FHA 9% (133)VA 5% (76)USDA 1% (11)

Denial reasons as coded

Credit history51%
Unverifiable information34.8%
Debt-to-income ratio13.5%
Employment history0.5%
Credit application incomplete0.1%
Other0.1%
Collateral0%
Insufficient cash (downpayment, closing costs)0%
Mortgage insurance denied0%

Share of 3,532 denials in Alabama by first denial reason coded (outlined bar: all lenders in the state).

Counties in Alabama

CountyApplicationsOriginationsAmountDenial rate
Madison County429213$65m28.1%
Lee County592121$23m63.6%
Shelby County34189$26m52.7%
Calhoun County37880$11m64.7%
Limestone County26162$12m55.9%
Walker County35858$6.5m68.3%
DeKalb County27144$5.7m71.2%
Morgan County25840$5.2m67.8%
St. Clair County27937$4.2m74.6%
Lawrence County17437$4.5m60.2%
Talladega County24736$4.3m72.4%
Jefferson County21236$9.3m62.1%
Tuscaloosa County30735$3.3m81.5%
Marshall County28335$4.6m76.5%
Mobile County24634$4.3m71.2%
Etowah County19734$3.9m65.6%
Cullman County20332$3.5m71.1%
Cleburne County9832$5.7m51.5%
Jackson County16229$3.5m68.7%
Blount County16528$3.8m68.6%
Chilton County18926$2.6m75.0%
Russell County13224$4.1m69.1%
Cherokee County11023$3.5m64.1%
Elmore County12622$2.4m68.2%
Bibb County10119$2.2m71.1%
Montgomery County6619$5.8m57.8%
Butler County11518$2.0m68.1%
Chambers County11118$2.1m71.2%
Autauga County10617$1.9m73.2%
Covington County7616$1.4m64.0%
Tallapoosa County9914$1.7m71.2%
Winston County7314$1.6m65.1%
Fayette County6814$1.9m65.9%
Baldwin County10713$2.0m76.4%
Houston County7411$3.1m70.5%
Colbert County4110$1.3m63.0%
Marengo County659$865k71.7%
Marion County449$885k64.5%
Macon County808$920k81.6%
Lauderdale County738$1.0m75.6%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Vanderbilt Mortgage and Finance, Inc originate in Alabama in 2024?

1,559 loans totalling $268m, from 8,323 applications reported for properties in Alabama.

What is Vanderbilt Mortgage and Finance, Inc's denial rate in Alabama?

66.5% of decided applications in Alabama were denied, against 26.3% for all lenders in the state and 69.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Alabama counties does Vanderbilt Mortgage and Finance, Inc lend in most?

By originations: Madison County (213), Lee County (121), Shelby County (89), Calhoun County (80), Limestone County (62).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Alabama. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.