Lenders › Truist Bank › Alabama
Truist Bank 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, Truist Bank reported 1,157 applications and 504 originations for 2024, $100m in all.
Its denial rate in the state was 49.9%, above the Alabama rate of 26.3% across all lenders and compared with the lender's national rate of 46.3%.
The median rate spread on its Alabama originations was 0.4 percentage points (state median 0.4).
Applications in the state were down 7% on 2023.
Compared with the state and the lender's national record
| Measure | In Alabama | Alabama, all lenders | Truist Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 49.9% | 26.3% | 46.3% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 22.8% | 16.5% | 24.6% | 15.6% |
| Average originated loan | $198k | $228k | $273k | $329k |
| Home purchase share | 40.3% | 59.0% | 36.3% | 57.0% |
| FHA-insured share | 3.8% | 18.0% | 2.5% | 13.4% |
| VA-guaranteed share | 2.8% | 12.5% | 1.5% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateAlabama, all lenders
Loan purpose and loan type in Alabama
By purpose
Home purchase 40% (203)Home improvement 15% (76)Refinancing 16% (80)Cash-out refinancing 5% (27)Other purpose 23% (118)
By type
Conventional 93% (467)FHA 4% (19)VA 3% (14)USDA 1% (4)
Denial reasons as coded
Share of 513 denials in Alabama by first denial reason coded (outlined bar: all lenders in the state).
Counties in Alabama
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Jefferson County | 187 | 80 | $16m | 49.7% |
| Baldwin County | 96 | 44 | $9.0m | 45.2% |
| Madison County | 98 | 43 | $7.3m | 48.2% |
| Mobile County | 86 | 41 | $11m | 46.8% |
| Lee County | 81 | 30 | $8.1m | 54.9% |
| Shelby County | 49 | 26 | $7.9m | 38.1% |
| St. Clair County | 41 | 26 | $3.4m | 33.3% |
| Lauderdale County | 46 | 20 | $3.8m | 48.8% |
| Calhoun County | 45 | 18 | $2.9m | 57.1% |
| Montgomery County | 47 | 17 | $2.4m | 58.5% |
| Russell County | 26 | 14 | $1.6m | 46.2% |
| Elmore County | 25 | 14 | $1.9m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Truist Bank originate in Alabama in 2024?
504 loans totalling $100m, from 1,157 applications reported for properties in Alabama.
What is Truist Bank's denial rate in Alabama?
49.9% of decided applications in Alabama were denied, against 26.3% for all lenders in the state and 46.3% 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 Truist Bank lend in most?
By originations: Jefferson County (80), Baldwin County (44), Madison County (43), Mobile County (41), Lee County (30).
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.