Lenders › Newrez LLC › Alabama
Newrez 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, Newrez LLC reported 2,016 applications and 760 originations for 2024, $180m in all.
Its denial rate in the state was 36.3%, above the Alabama rate of 26.3% across all lenders and compared with the lender's national rate of 35.0%.
The median rate spread on its Alabama originations was 0.4 percentage points (state median 0.4).
Applications in the state were up 45% on 2023.
Compared with the state and the lender's national record
| Measure | In Alabama | Alabama, all lenders | Newrez LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 36.3% | 26.3% | 35.0% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 17.5% | 16.5% | 20.7% | 15.6% |
| Average originated loan | $237k | $228k | $307k | $329k |
| Home purchase share | 47.6% | 59.0% | 51.0% | 57.0% |
| FHA-insured share | 15.0% | 18.0% | 18.4% | 13.4% |
| VA-guaranteed share | 27.1% | 12.5% | 16.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateAlabama, all lenders
Loan purpose and loan type in Alabama
By purpose
Home purchase 48% (362)Home improvement 0% (2)Refinancing 18% (137)Cash-out refinancing 34% (256)Other purpose 0% (3)
By type
Conventional 53% (406)FHA 15% (114)VA 27% (206)USDA 4% (34)
Denial reasons as coded
Share of 444 denials in Alabama by first denial reason coded (outlined bar: all lenders in the state).
Counties in Alabama
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Baldwin County | 181 | 93 | $28m | 23.8% |
| Jefferson County | 240 | 82 | $18m | 39.3% |
| Madison County | 173 | 65 | $17m | 31.6% |
| Lee County | 99 | 49 | $12m | 25.7% |
| Mobile County | 152 | 45 | $8.2m | 45.3% |
| Shelby County | 127 | 42 | $13m | 31.1% |
| Elmore County | 86 | 41 | $11m | 30.6% |
| Montgomery County | 100 | 39 | $9.1m | 36.1% |
| Morgan County | 58 | 20 | $3.9m | 33.3% |
| Autauga County | 39 | 19 | $6.3m | 26.7% |
| Lauderdale County | 29 | 18 | $3.8m | — |
| Limestone County | 49 | 17 | $4.3m | 32.0% |
| Russell County | 42 | 17 | $4.2m | 35.7% |
| Tallapoosa County | 31 | 17 | $3.0m | 37.0% |
| Etowah County | 42 | 15 | $3.3m | 36.0% |
| Houston County | 31 | 15 | $3.1m | — |
| Calhoun County | 48 | 13 | $3.0m | — |
| St. Clair County | 38 | 11 | $2.7m | — |
| Marshall County | 37 | 11 | $3.0m | — |
| Cullman County | 27 | 9 | $1.4m | — |
| Tuscaloosa County | 50 | 8 | $2.7m | 74.2% |
| Talladega County | 26 | 8 | $1.2m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Newrez LLC originate in Alabama in 2024?
760 loans totalling $180m, from 2,016 applications reported for properties in Alabama.
What is Newrez LLC's denial rate in Alabama?
36.3% of decided applications in Alabama were denied, against 26.3% for all lenders in the state and 35.0% 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 Newrez LLC lend in most?
By originations: Baldwin County (93), Jefferson County (82), Madison County (65), Lee County (49), Mobile 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.