Lenders › Mortgage Research Center › Alabama
Mortgage Research Center 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, Mortgage Research Center reported 4,110 applications and 2,147 originations for 2024, $587m in all.
Its denial rate in the state was 22.1%, below the Alabama rate of 26.3% across all lenders and compared with the lender's national rate of 24.0%.
The median rate spread on its Alabama originations was -0.0 percentage points (state median 0.4).
Applications in the state were up 16% on 2023.
Compared with the state and the lender's national record
| Measure | In Alabama | Alabama, all lenders | Mortgage Research Center, all states | United States |
|---|---|---|---|---|
| Denial rate | 22.1% | 26.3% | 24.0% | 24.3% |
| Median rate spread, pp | -0.0 | 0.4 | -0.1 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.7% | 16.5% | 0.8% | 15.6% |
| Average originated loan | $273k | $228k | $315k | $329k |
| Home purchase share | 84.2% | 59.0% | 81.8% | 57.0% |
| FHA-insured share | 3.7% | 18.0% | 2.9% | 13.4% |
| VA-guaranteed share | 91.6% | 12.5% | 92.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateAlabama, all lenders
Loan purpose and loan type in Alabama
By purpose
Home purchase 84% (1,807)Refinancing 12% (249)Cash-out refinancing 4% (91)
By type
Conventional 4% (84)FHA 4% (80)VA 92% (1,967)USDA 1% (16)
Denial reasons as coded
Share of 617 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 | 363 | 183 | $67m | 19.8% |
| Coffee County | 285 | 173 | $48m | 13.9% |
| Mobile County | 311 | 153 | $37m | 23.6% |
| Jefferson County | 314 | 138 | $33m | 29.1% |
| Montgomery County | 226 | 112 | $30m | 27.5% |
| Houston County | 173 | 106 | $26m | 15.0% |
| Russell County | 181 | 104 | $27m | 21.8% |
| Lee County | 183 | 103 | $31m | 21.2% |
| Baldwin County | 191 | 97 | $32m | 16.8% |
| Shelby County | 132 | 73 | $25m | 22.9% |
| Dale County | 120 | 67 | $14m | 18.8% |
| Limestone County | 112 | 58 | $22m | 20.3% |
| Morgan County | 90 | 56 | $16m | 17.6% |
| Elmore County | 86 | 49 | $13m | 18.0% |
| Tuscaloosa County | 87 | 43 | $11m | 24.6% |
| Calhoun County | 100 | 42 | $9.8m | 24.6% |
| St. Clair County | 84 | 42 | $11m | 30.0% |
| Autauga County | 65 | 36 | $11m | 14.0% |
| Geneva County | 60 | 36 | $8.3m | 19.6% |
| Lauderdale County | 56 | 34 | $8.1m | 20.9% |
| Etowah County | 79 | 33 | $6.9m | 25.0% |
| Cullman County | 65 | 32 | $9.1m | 25.6% |
| Talladega County | 60 | 28 | $8.3m | 22.2% |
| Marshall County | 55 | 28 | $7.3m | 11.4% |
| DeKalb County | 45 | 26 | $6.7m | 13.3% |
| Jackson County | 35 | 21 | $6.3m | 21.4% |
| Covington County | 32 | 20 | $4.4m | 19.2% |
| Escambia County | 25 | 20 | $4.3m | — |
| Walker County | 38 | 19 | $4.3m | 29.6% |
| Colbert County | 32 | 19 | $4.0m | — |
| Blount County | 33 | 12 | $3.4m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Mortgage Research Center originate in Alabama in 2024?
2,147 loans totalling $587m, from 4,110 applications reported for properties in Alabama.
What is Mortgage Research Center's denial rate in Alabama?
22.1% of decided applications in Alabama were denied, against 26.3% for all lenders in the state and 24.0% 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 Mortgage Research Center lend in most?
By originations: Madison County (183), Coffee County (173), Mobile County (153), Jefferson County (138), Montgomery County (112).
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.