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Loandepot.com, LLC in Alabama
HMDA record for properties in Alabama, calendar year 2024. National record · Alabama overview
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.
In Alabama, Loandepot.com, LLC reported 1,984 applications and 885 originations for 2024, $158m in all.
Its denial rate in the state was 42.2%, above the Alabama rate of 26.3% across all lenders and compared with the lender's national rate of 29.1%.
The median rate spread on its Alabama originations was 0.7 percentage points (state median 0.4).
Applications in the state were up 37% on 2023.
Compared with the state and the lender's national record
| Measure | In Alabama | Alabama, all lenders | Loandepot.com, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 42.2% | 26.3% | 29.1% | 24.3% |
| Median rate spread, pp | 0.7 | 0.4 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 27.6% | 16.5% | 16.9% | 15.6% |
| Average originated loan | $179k | $228k | $300k | $329k |
| Home purchase share | 21.1% | 59.0% | 51.5% | 57.0% |
| FHA-insured share | 32.8% | 18.0% | 26.4% | 13.4% |
| VA-guaranteed share | 16.4% | 12.5% | 10.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateAlabama, all lenders
Loan purpose and loan type in Alabama
By purpose
Home purchase 21% (187)Home improvement 3% (25)Refinancing 6% (57)Cash-out refinancing 42% (374)Other purpose 27% (242)
By type
Conventional 50% (443)FHA 33% (290)VA 16% (145)USDA 1% (7)
Denial reasons as coded
Share of 665 denials in Alabama by first denial reason coded (outlined bar: all lenders in the state).
Counties in Alabama
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Madison County | 203 | 116 | $23m | 28.5% |
| Jefferson County | 269 | 113 | $20m | 42.6% |
| Mobile County | 157 | 72 | $9.3m | 41.5% |
| Baldwin County | 113 | 50 | $11m | 41.6% |
| Shelby County | 97 | 45 | $9.6m | 40.7% |
| Montgomery County | 79 | 34 | $5.9m | 43.5% |
| St. Clair County | 55 | 28 | $6.6m | 32.6% |
| Lee County | 60 | 26 | $6.5m | 37.2% |
| Elmore County | 48 | 24 | $4.0m | 42.9% |
| Morgan County | 43 | 24 | $3.5m | 35.1% |
| Limestone County | 51 | 23 | $4.1m | 35.9% |
| Cullman County | 44 | 23 | $3.9m | 32.4% |
| Russell County | 41 | 19 | $2.9m | 47.2% |
| Marshall County | 45 | 18 | $3.7m | 50.0% |
| Tuscaloosa County | 48 | 17 | $2.4m | 45.7% |
| Etowah County | 41 | 17 | $2.9m | 50.0% |
| Blount County | 28 | 16 | $2.2m | 34.6% |
| Calhoun County | 46 | 13 | $2.0m | 64.1% |
| Talladega County | 40 | 13 | $2.3m | 50.0% |
| Houston County | 30 | 13 | $2.0m | — |
| Colbert County | 28 | 13 | $1.5m | — |
| Autauga County | 27 | 13 | $2.8m | — |
| Jackson County | 30 | 10 | $1.5m | 60.0% |
| Dale County | 25 | 10 | $1.7m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Loandepot.com, LLC originate in Alabama in 2024?
885 loans totalling $158m, from 1,984 applications reported for properties in Alabama.
What is Loandepot.com, LLC's denial rate in Alabama?
42.2% of decided applications in Alabama were denied, against 26.3% for all lenders in the state and 29.1% 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 Loandepot.com, LLC lend in most?
By originations: Madison County (116), Jefferson County (113), Mobile County (72), Baldwin County (50), Shelby County (45).
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.