Name of the lender

The Local Lender, LLC in AlabamaMortgage rates, total loan costs and denial rate for homes in Alabama, 2025

HMDA year2025

StateAlabama

Head office: Murfreesboro, TN
Reporting agency: Department of Housing and Urban Development (HUD)
Legal Entity Identifier (LEI)

All states of this lender

The Local Lender, LLC reported 111 applications for homes in Alabama in the HMDA data of 2025.

It originated 103 loans in the state in 2025, for $33.7 million in total.

The median interest rate of these loans in 2025 was 6.500%, and the median of all lenders in Alabama was 6.375%.

The median total loan costs in 2025 were $5,082, and the state median was $5,942.

It denied 3.6% of the applications that it decided in the state in 2025, and the state denial rate was 25.0%.

Filed figures of The Local Lender, LLC in Alabama, 2025
Figure	In AL	Lender, all states	AL, all lenders
Applications	111	171	207,840
Loans originated	103	160	115,118
Median interest rate	6.500%	6.490%	6.375%
Median total loan costs	$5,082	$5,135	$5,942
Denial rate	3.6%	4.1%	25.0%

HMDA data are generally not used alone 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.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

PricingMedians of 2025 loans in AL

Pricing medians of The Local Lender, LLC in Alabama, 2025Each value has the median of all lenders in Alabama under it.
Loans	Loans in the medians	Interest rate	Total loan costs	Origination charges	Discount points, of the loans with points	Lender credits, of the loans with credits	Rate spread, points
All loans in AL	103	6.500%AL 6.375%	$5,082AL $5,942	$2,693AL $2,264	$1,806AL $2,420	$63AL $226	0.090AL 0.221

Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians. A median needs 20 loans.

The median rate spread was 0.090 percentage points above the average prime offer rate. On a loan of $300,000, that is about $270 more a year, or $23 more a month.

The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different.

Action taken and loan types

Records in Alabama by the action taken
Action taken	Records	Share
1Loan originated	103	92.8%
2Application approved but not accepted	4	3.6%
3Application denied	4	3.6%
4Application withdrawn by applicant	0	0.0%
5File closed for incompleteness	0	0.0%
6Purchased loan	0	0.0%
7Preapproval request denied	0	0.0%
8Preapproval request approved but not accepted	0	0.0%

Applications in Alabama by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	83	78	3.6%
FHA-insured	9	8	n/a
VA-guaranteed	13	13	n/a
USDA Rural Housing Service or Farm Service Agency guaranteed	6	4	n/a

Counties in Alabama

Counties of The Local Lender, LLC in Alabama with 25 applications or more, 2025In order of the names.
County	Applications	Loans originated	Amount	Denial rate
Jefferson County	53	48	$16.5 million	5.7%
Shelby County	28	27	$10.2 million	3.6%

Figures by year

The Local Lender, LLC in Alabama by HMDA year"n/a" shows a year with fewer than 25 applications in the state.
Year	Applications	Loans originated	Amount	Median interest rate	Median total loan costs	Denial rate
2025	111	103	$33.7 million	6.500%	$5,082	3.6%
2024	n/a	n/a	n/a	n/a	n/a	n/a
2023	n/a	n/a	n/a	n/a	n/a	n/a
2022	n/a	n/a	n/a	n/a	n/a	n/a

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender in this state, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "The Local Lender, LLC in Alabama: mortgage rates, 2025", https://lenderregister.com/lender/5493005qmx3sjkdtqz62-the-local-lender-llc/al/
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. They are the records of this LEI for homes in Alabama. This site withholds a figure with fewer than 25 applications. Method of the figures. Terms. Report an error.

Questions

What share of the loans of The Local Lender, LLC were in Alabama in 2025?: 103 of its loans originated, out of 160 in all states. That is 64.4%.
In which counties of Alabama did The Local Lender, LLC originate the most loans in 2025?: The three with the most loans were Jefferson County (48) and Shelby County (27).
Which loan types did The Local Lender, LLC originate in Alabama in 2025?: 78 conventional, 8 FHA, 13 VA and 4 USDA.
What share of the applications in Alabama did The Local Lender, LLC report in 2025?: 0.1%: 111 out of 207,840 applications of all lenders in the state.