States › Alabama
Alabama mortgage lending
Every HMDA reporter's applications, originations and denial rate for properties in Alabama, with all 67 counties.
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. Record year 2024.
Alabama had 189,175 HMDA-reported mortgage applications and 104,584 originations ($24bn) in 2024, from 362 lenders with at least 25 applications in the state.
The statewide denial rate was 26.3% (national 24.3%) and the median rate spread 0.4 percentage points (national 0.3). Originations ran at 52.4 per 1,000 households, against 48.0 nationally.
Originations in the state went from 104,757 in 2018 to 104,584 in 2024; the denial rate moved from 27.0% to 26.3%.
The most active lenders by originations were Rocket Mortgage (5,649), Regions Bank (5,486) and United Wholesale Mortgage (4,568).
Most active lenders in Alabama
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | 8,025 | 5,649 | $1.1bn | 21.4% | 0.5 |
| 2 | Regions Bank | 11,994 | 5,486 | $813m | 43.4% | 0.5 |
| 3 | United Wholesale Mortgage | 6,028 | 4,568 | $1.2bn | 11.7% | 0.1 |
| 4 | Trustmark National Bank | 3,556 | 2,715 | $620m | 11.2% | 0.3 |
| 5 | Redstone Federal Credit Union | 4,579 | 2,687 | $318m | 24.8% | 1.0 |
| 6 | DHI Mortgage Company, LTD. | 3,711 | 2,556 | $755m | 15.3% | -1.2 |
| 7 | Mortgage Research Center | 4,110 | 2,147 | $587m | 22.1% | -0.0 |
| 8 | Movement Mortgage, LLC | 2,425 | 1,780 | $452m | 4.4% | 0.5 |
| 9 | Fairway Independent Mort Corp | 2,388 | 1,769 | $476m | 8.8% | 0.4 |
| 10 | Firstbank | 3,634 | 1,708 | $406m | 31.2% | 0.2 |
| 11 | Renasant Bank | 2,219 | 1,708 | $465m | 7.9% | 0.3 |
| 12 | Guild Mortgage Company | 2,426 | 1,678 | $373m | 4.2% | 0.3 |
| 13 | Cadence Bank | 2,397 | 1,634 | $451m | 21.1% | 0.3 |
| 14 | Vanderbilt Mortgage and Finance, Inc | 8,323 | 1,559 | $268m | 66.5% | 3.2 |
| 15 | PNC Bank N.A. | 3,103 | 1,431 | $209m | 41.5% | 1.0 |
| 16 | Navy Federal Credit Union | 2,963 | 1,391 | $266m | 31.7% | 0.6 |
| 17 | Pennymac Loan Services LLC | 2,736 | 1,381 | $366m | 17.9% | 0.2 |
| 18 | 21st Mortgage | 6,493 | 1,358 | $163m | 66.0% | 3.9 |
| 19 | Freedom Mortgage Corporation | 2,738 | 1,339 | $378m | 14.0% | 0.1 |
| 20 | First Federal Bank | 1,816 | 1,315 | $325m | 5.6% | 0.1 |
| 21 | SouthState Bank, N.A. | 1,860 | 1,211 | $261m | 21.6% | -0.0 |
| 22 | River Bank & Trust | 1,436 | 1,204 | $221m | 5.1% | -1.6 |
| 23 | America'S First Federal CU | 1,804 | 1,191 | $116m | 19.5% | 1.0 |
| 24 | Avadian Credit Union | 1,353 | 1,004 | $159m | 20.1% | -2.1 |
| 25 | Synovus Bank | 1,515 | 1,003 | $244m | 17.7% | 0.4 |
| 26 | Canopy Mortgage, LLC | 1,392 | 968 | $278m | 2.1% | 0.3 |
| 27 | CMG Mortgage Inc | 1,193 | 902 | $246m | 4.6% | 0.3 |
| 28 | Loandepot.com, LLC | 1,984 | 885 | $158m | 42.2% | 0.7 |
| 29 | Gmfs, LLC | 1,104 | 880 | $267m | 4.0% | 0.1 |
| 30 | Stockton Mortgage Corporation | 1,316 | 861 | $210m | 8.0% | 0.4 |
| 31 | Nationstar Mortgage | 1,282 | 857 | $148m | 15.9% | 1.1 |
| 32 | Union Home Mortgage Corp. | 1,104 | 854 | $216m | 5.3% | 0.5 |
| 33 | New American Funding, LLC. | 2,197 | 841 | $173m | 22.8% | 0.8 |
| 34 | Bank Independent | 1,085 | 837 | $151m | 10.2% | -0.1 |
| 35 | Crosscountry Mortgage, LLC | 1,440 | 811 | $209m | 5.0% | 0.5 |
| 36 | Newrez LLC | 2,016 | 760 | $180m | 36.3% | 0.4 |
| 37 | Lennar Mortgage, LLC | 1,029 | 758 | $220m | 15.3% | -1.5 |
| 38 | Max Credit Union | 1,061 | 756 | $88m | 27.1% | 0.1 |
| 39 | All In Credit Union | 1,236 | 722 | $70m | 34.9% | 0.4 |
| 40 | Assurance Financial Group, L.L.C. | 876 | 658 | $143m | 5.1% | 0.6 |
| 41 | Southpoint Bank | 831 | 607 | $153m | 5.9% | 0.1 |
| 42 | Towne Mortgage Company | 682 | 576 | $142m | 3.2% | 0.3 |
| 43 | Servisfirst Bank | 643 | 538 | $197m | 3.9% | 0.3 |
| 44 | Wells Fargo Bank NA | 1,185 | 535 | $142m | 35.9% | 0.1 |
| 45 | Bryant Bank | 672 | 522 | $141m | 8.3% | 0.4 |
| 46 | Prosperity Home Mortgage, LLC | 733 | 519 | $135m | 14.4% | 0.3 |
| 47 | Truist Bank | 1,157 | 504 | $100m | 49.9% | 0.4 |
| 48 | Figure Lending LLC | 1,083 | 502 | $30m | 30.2% | 4.3 |
| 49 | CB&S Bank | 692 | 501 | $121m | 16.4% | 0.3 |
| 50 | Discover Bank | 2,805 | 484 | $39m | 75.6% | 2.4 |
| 51 | Flagstar Bank NA | 689 | 469 | $106m | 22.5% | 0.3 |
| 52 | Community Bank of Mississippi | 562 | 431 | $130m | 7.8% | 0.4 |
| 53 | United Community Bank | 649 | 430 | $98m | 21.3% | 0.1 |
| 54 | Apco Employees Credit Union | 595 | 419 | $44m | 28.5% | 6.3 |
| 55 | Ameris Bank | 523 | 419 | $113m | 7.0% | 0.3 |
| 56 | First Community Mortgage | 486 | 415 | $106m | 6.5% | 0.2 |
| 57 | JPMorgan Chase Bank, NA | 623 | 410 | $112m | 11.3% | 0.0 |
| 58 | Usaa Bank | 772 | 407 | $130m | 28.4% | -0.2 |
| 59 | Triad Financial Services, Inc. | 2,288 | 401 | $48m | 50.9% | 2.6 |
| 60 | Family Savings Credit Union | 434 | 401 | $62m | 5.8% | 0.9 |
Top 60 of 362 lenders with at least 25 applications in the state, by originations. 217 lenders have 100 or more applications here and link to a state-specific page.
Compared with the nation
| Measure | Alabama | United States |
|---|---|---|
| Denial rate | 26.3% | 24.3% |
| Median rate spread, pp | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 16.5% | 15.6% |
| Average originated loan | $228k | $329k |
| Originations per 1,000 households | 52.4 | 48.0 |
| Home purchase share of originations | 59.0% | 57.0% |
| FHA-insured share | 18.0% | 13.4% |
| VA-guaranteed share | 12.5% | 7.9% |
Trend, 2018–2024
ApplicationsOriginations
AlabamaUnited States
FHA share of originationsVA share
| Year | Applications | Originations | Amount | Denial rate | FHA | VA | Refinance share |
|---|---|---|---|---|---|---|---|
| 2018 | 180,991 | 104,757 | $18bn | 27.0% | 15.4% | 10.6% | 27.1% |
| 2019 | 204,026 | 121,277 | $24bn | 23.7% | 15.2% | 13.2% | 33.2% |
| 2020 | 293,014 | 183,367 | $40bn | 18.4% | 11.8% | 14.8% | 51.1% |
| 2021 | 317,118 | 195,491 | $44bn | 18.8% | 12.8% | 13.4% | 49.2% |
| 2022 | 230,384 | 128,665 | $31bn | 25.2% | 13.2% | 11.0% | 29.5% |
| 2023 | 176,505 | 95,903 | $22bn | 27.1% | 16.6% | 10.7% | 20.6% |
| 2024 | 189,175 | 104,584 | $24bn | 26.3% | 18.0% | 12.5% | 24.5% |
Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).
Loan purpose and loan type, 2024
By purpose
Home purchase 59% (61,667)Home improvement 7% (7,578)Refinancing 13% (13,241)Cash-out refinancing 12% (12,337)Other purpose 9% (9,747)
By type
Conventional 68% (70,812)FHA 18% (18,842)VA 13% (13,087)USDA 2% (1,843)
Counties
| County | Applications | Originations | Per 1,000 households | Denial rate | Median spread | Lenders |
|---|---|---|---|---|---|---|
| Jefferson County | 23,571 | 13,225 | 49.0 | 24.9% | 0.3 | 128 |
| Madison County | 18,585 | 11,588 | 70.2 | 19.4% | 0.2 | 97 |
| Baldwin County | 13,846 | 7,873 | 79.9 | 23.6% | 0.3 | 94 |
| Mobile County | 13,743 | 7,367 | 45.6 | 28.4% | 0.4 | 90 |
| Shelby County | 10,195 | 6,239 | 71.8 | 21.7% | 0.3 | 75 |
| Montgomery County | 7,802 | 4,221 | 46.2 | 27.8% | 0.4 | 55 |
| Lee County | 6,769 | 4,064 | 58.5 | 22.1% | 0.3 | 54 |
| Limestone County | 6,259 | 3,933 | 96.0 | 19.8% | 0.1 | 53 |
| Tuscaloosa County | 6,946 | 3,898 | 43.3 | 25.6% | 0.3 | 52 |
| Morgan County | 4,657 | 2,586 | 52.7 | 25.2% | 0.4 | 44 |
| St. Clair County | 4,320 | 2,448 | 69.7 | 24.6% | 0.4 | 43 |
| Houston County | 3,984 | 2,296 | 53.0 | 24.4% | 0.4 | 51 |
| Elmore County | 3,668 | 2,162 | 65.8 | 24.4% | 0.4 | 35 |
| Lauderdale County | 3,223 | 2,053 | 52.3 | 19.5% | 0.3 | 34 |
| Marshall County | 3,436 | 1,999 | 54.8 | 22.8% | 0.5 | 34 |
| Calhoun County | 3,921 | 1,926 | 42.8 | 32.4% | 0.5 | 42 |
| Etowah County | 3,412 | 1,895 | 48.1 | 25.9% | 0.5 | 33 |
| Cullman County | 3,306 | 1,848 | 52.3 | 23.4% | 0.4 | 35 |
| Autauga County | 2,454 | 1,480 | 64.6 | 23.1% | 0.4 | 26 |
| Talladega County | 2,912 | 1,359 | 40.4 | 34.5% | 0.5 | 28 |
| Coffee County | 2,269 | 1,319 | 62.9 | 21.1% | 0.2 | 20 |
| Colbert County | 2,154 | 1,257 | 51.7 | 24.9% | 0.5 | 23 |
| Russell County | 2,342 | 1,220 | 51.0 | 27.6% | 0.2 | 28 |
| Blount County | 2,052 | 1,128 | 50.9 | 25.7% | 0.5 | 21 |
| DeKalb County | 1,951 | 969 | 37.0 | 32.0% | 0.5 | 21 |
| Walker County | 2,221 | 965 | 38.0 | 38.1% | 0.8 | 16 |
| Jackson County | 1,732 | 936 | 42.9 | 28.4% | 0.6 | 18 |
| Dale County | 1,589 | 860 | 43.6 | 26.2% | 0.4 | 17 |
| Chilton County | 1,711 | 832 | 46.5 | 33.4% | 0.6 | 13 |
| Tallapoosa County | 1,499 | 828 | 48.5 | 27.3% | 0.5 | 8 |
| Lawrence County | 1,342 | 621 | 45.6 | 34.8% | 0.6 | 12 |
| Geneva County | 931 | 535 | 50.2 | 25.7% | 0.4 | 9 |
| Pike County | 962 | 512 | 41.0 | 31.7% | 0.6 | 10 |
| Covington County | 979 | 497 | 33.9 | 32.0% | 0.6 | 9 |
| Chambers County | 1,031 | 483 | 36.0 | 33.2% | 0.6 | 5 |
| Escambia County | 922 | 449 | 35.1 | 32.5% | 0.6 | 10 |
| Winston County | 774 | 444 | 47.1 | 26.1% | 0.5 | 4 |
| Cherokee County | 843 | 431 | 42.3 | 32.6% | 0.6 | 7 |
| Henry County | 718 | 395 | 55.9 | 28.3% | 0.4 | 6 |
| Franklin County | 706 | 387 | 32.4 | 27.8% | 0.7 | 5 |
| Marion County | 733 | 366 | 34.5 | 31.5% | 0.9 | 8 |
| Randolph County | 759 | 365 | 39.4 | 29.7% | 0.6 | 5 |
| Bibb County | 618 | 274 | 35.6 | 36.1% | 0.8 | 6 |
| Dallas County | 711 | 256 | 16.1 | 47.7% | 0.8 | 6 |
| Cleburne County | 530 | 254 | 42.5 | 34.4% | 0.8 | 5 |
| Barbour County | 583 | 239 | 26.2 | 41.6% | 0.6 | 4 |
| Clarke County | 548 | 235 | 27.9 | 42.0% | 0.8 | 3 |
| Fayette County | 480 | 214 | 34.2 | 37.4% | 0.8 | 5 |
| Monroe County | 447 | 213 | 28.9 | 37.6% | 0.6 | 4 |
| Pickens County | 527 | 205 | 30.3 | 43.1% | 0.7 | 5 |
| Butler County | 485 | 188 | 24.7 | 41.4% | 0.8 | 4 |
| Washington County | 449 | 184 | 30.9 | 39.9% | 1.0 | 3 |
| Crenshaw County | 385 | 179 | 34.2 | 33.6% | 0.6 | 3 |
| Hale County | 395 | 177 | 31.4 | 38.1% | 1.1 | 6 |
| Macon County | 516 | 171 | 23.6 | 52.6% | 1.3 | 2 |
| Marengo County | 417 | 162 | 20.5 | 42.9% | 0.8 | 4 |
| Lamar County | 294 | 136 | 26.7 | 34.3% | 1.2 | 1 |
| Clay County | 369 | 135 | 23.2 | 44.2% | 0.7 | 2 |
| Coosa County | 312 | 134 | 30.3 | 39.3% | 0.7 | 1 |
| Conecuh County | 280 | 99 | 22.4 | 44.3% | 0.7 | 3 |
| Lowndes County | 302 | 91 | 21.2 | 55.1% | 0.7 | 3 |
| Choctaw County | 200 | 81 | 15.4 | 47.0% | 1.0 | 2 |
| Sumter County | 228 | 80 | 16.6 | 48.4% | 1.3 | 4 |
| Wilcox County | 224 | 66 | 17.1 | 53.3% | 1.1 | 2 |
| Bullock County | 188 | 57 | 15.5 | 59.6% | 1.0 | 1 |
| Perry County | 195 | 54 | 15.7 | 51.3% | 0.9 | 2 |
| Greene County | 168 | 53 | 16.4 | 50.8% | 1.3 | 1 |
By originations. Lenders: those with at least 25 applications in the county.
VA-guaranteed loans by month
VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of Alabama originations by year is charted above from HMDA.
Questions and answers
Which mortgage lenders are most active in Alabama?
By 2024 originations: Rocket Mortgage (5,649), Regions Bank (5,486), United Wholesale Mortgage (4,568), Trustmark National Bank (2,715), Redstone Federal Credit Union (2,687). 362 lenders had at least 25 applications in the state.
What is the mortgage denial rate in Alabama?
26.3% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
How has mortgage lending in Alabama changed since 2018?
Originations went from 104,757 in 2018 to 104,584 in 2024; the denial rate moved from 27.0% to 26.3%.
Where does this data come from?
From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.