21st Mortgage · Alabama · 2025

21st Mortgage in Alabama: approval rate, denial rate and rates (2025)

21st Mortgage took 6,507 mortgage applications in Alabama in 2025, ranking #5 of 990 lenders active in the state. It originated 19.6% of them and denied 46.0% (68.8% of the applications it decided), against a statewide denial rate of 19.9%.

6.5kApplicationsin AL
68.8%Decision denial ratestate 25.0%
9.98%Median ratestate 6.50%
$115,000Median loanstate $165,000
$160MVolume67 counties

21st Mortgage in Alabama vs the state

46.0%Denial rate+26.13 pts vs state
68.8%Decision denial rate+43.83 pts vs state
19.6%Origination rate-35.81 pts vs state
9.98%Median rate+3.48 pts vs state
4.35Rate spread (pts)+4.06 pts vs state
$62kMedian applicant income
1,274Loans originated
2,992Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,3971,26545.9%9.30%#4
20246,4931,35843.3%9.81%#4
20256,5071,27446.0%9.98%#5

What 21st Mortgage lends in Alabama

By loan purpose

Home purchase 6,366 98% · 45.7% denied
Refinance 80 1% · 58.8% denied
Cash-out refinance 36 1% · 63.9% denied
Home improvement 17 0% · 58.8% denied
Other / HELOC 8 0% · 50.0% denied

By loan type

Conventional 6,507 100% · 46.0% denied

Why it denied Alabama applicants

Credit history 1,855 62%
Debt-to-income ratio 698 23%
Insufficient cash 198 7%
Incomplete application 148 5%
Collateral 44 1%
Unverifiable information 25 1%
Other 17 1%
Employment history 7 0%

Where in Alabama

Counties with the most 21st Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baldwin County 44659220 49.3%
Mobile County 25651113 44.1%
Elmore County 2446793 38.1%
Talladega County 21828107 49.1%
Tuscaloosa County 1943190 46.4%
Cullman County 1802793 51.7%
Walker County 1684466 39.3%
Jefferson County 1623373 45.1%
Montgomery County 1591591 57.2%
Chilton County 1553870 45.2%

Other large lenders in Alabama

LenderGradeApplicationsDenial rateMedian rate
Regions BankC 11,87137.2%4.99%
Rocket MortgageC 9,94120.5%6.63%
Vanderbilt Mortgage and FinanceF 8,46141.4%9.50%
United Shore Financial ServicesB 7,68912.0%6.13%
Mortgage Research CenterC 5,10718.4%6.25%
REDSTONE Federal Credit UnionC 4,54818.9%8.13%
Dhi Mortgage CompanyB 3,90917.5%4.99%
Freedom MortgageB 3,7258.7%6.25%
Pennymac Loan ServicesC 3,61111.6%6.25%
Trustmark National BankC 3,44310.3%6.50%

Frequently asked questions

Alabama: 6,507 applications in 2025, of which 1,274 were originated and 2,992 denied.

46.0% of all applications, or 68.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans 21st Mortgage originated in Alabama in 2025 was 9.98%, against a statewide median of 6.50%.

About this data. Figures are 21st Mortgage's own HMDA filing for properties located in Alabama, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology