Alabama Central · Alabama · 2025

Alabama Central in Alabama: approval rate, denial rate and rates (2025)

Alabama Central took 77 mortgage applications in Alabama in 2025, ranking #258 of 990 lenders active in the state. It originated 67.5% of them and denied 29.9% (30.3% of the applications it decided), against a statewide denial rate of 19.9%.

77Applicationsin AL
30.3%Decision denial ratestate 25.0%
6.50%Median ratestate 6.50%
$125,000Median loanstate $165,000
$8.5MVolume12 counties

Alabama Central in Alabama vs the state

29.9%Denial rate+10.02 pts vs state
30.3%Decision denial rate+5.26 pts vs state
67.5%Origination rate+12.14 pts vs state
6.50%Median rate0.00 pts vs state
-0.11Rate spread (pts)-0.40 pts vs state
$96kMedian applicant income
52Loans originated
23Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023744927.0%6.50%#239
2024583434.5%7.13%#274
2025775229.9%6.50%#258

What Alabama Central lends in Alabama

By loan purpose

Home purchase 19 25% · 52.6% denied
Refinance 12 16% · 25.0% denied
Cash-out refinance 26 34% · 19.2% denied
Home improvement 6 8% · 16.7% denied
Other / HELOC 14 18% · 28.6% denied

By loan type

Conventional 77 100% · 29.9% denied

Why it denied Alabama applicants

Credit history 9 39%
Debt-to-income ratio 7 30%
Other 4 17%
Incomplete application 2 9%
Unverifiable information 1 4%

Where in Alabama

Counties with the most Alabama Central applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lauderdale County 23158 34.8%
Colbert County 17142 11.8%
Franklin County 1064 40.0%
Jefferson County 963 33.3%
Tuscaloosa County 532 40.0%
St. Clair County 321 33.3%
Morgan County 330 0.0%
Cullman County 211 50.0%
Mobile County 101 100.0%
Talladega County 110 0.0%

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%
21st MortgageF 6,50746.0%9.98%
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%

Frequently asked questions

Alabama: 77 applications in 2025, of which 52 were originated and 23 denied.

29.9% of all applications, or 30.3% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Alabama Central originated in Alabama in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Alabama Central'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