Lenders › Network Capital Funding Corporation › Alabama
Network Capital Funding Corporation 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.
Network Capital Funding Corporation's 2024 HMDA record for Alabama covers 121 applications, 3 of them originated, worth $445k.
Its denial rate in the state was 86.5%, above the Alabama rate of 26.3% across all lenders and compared with the lender's national rate of 60.4%.
Applications in the state were down 38% on 2023.
Compared with the state and the lender's national record
| Measure | In Alabama | Alabama, all lenders | Network Capital Funding Corporation, all states | United States |
|---|---|---|---|---|
| Denial rate | 86.5% | 26.3% | 60.4% | 24.3% |
| Median rate spread, pp | — | 0.4 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | — | 16.5% | 5.3% | 15.6% |
| Average originated loan | — | $228k | $345k | $329k |
| Home purchase share | 0.0% | 59.0% | 5.5% | 57.0% |
| FHA-insured share | 33.3% | 18.0% | 22.3% | 13.4% |
| VA-guaranteed share | 33.3% | 12.5% | 19.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateAlabama, all lenders
Loan purpose and loan type in Alabama
By purpose
Refinancing 33% (1)Cash-out refinancing 67% (2)
By type
Conventional 33% (1)FHA 33% (1)VA 33% (1)
Denial reasons as coded
Share of 32 denials in Alabama by first denial reason coded (outlined bar: all lenders in the state).
Counties in Alabama
No county in the state reaches 25 applications.
Questions and answers
How many mortgages did Network Capital Funding Corporation originate in Alabama in 2024?
3 loans totalling $445k, from 121 applications reported for properties in Alabama.
What is Network Capital Funding Corporation's denial rate in Alabama?
86.5% of decided applications in Alabama were denied, against 26.3% for all lenders in the state and 60.4% 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 Network Capital Funding Corporation lend in most?
No county in the state reaches 25 applications.
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 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.