Alabama Credit Union · Alabama · 2025

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

Alabama Credit Union took 193 mortgage applications in Alabama in 2025, ranking #156 of 990 lenders active in the state. It originated 59.6% of them and denied 16.6% (21.8% of the applications it decided), against a statewide denial rate of 19.9%.

193Applicationsin AL
21.8%Decision denial ratestate 25.0%
5.75%Median ratestate 6.50%
$205,000Median loanstate $165,000
$33MVolume26 counties

Alabama Credit Union in Alabama vs the state

16.6%Denial rate-3.27 pts vs state
21.8%Decision denial rate-3.23 pts vs state
59.6%Origination rate+4.20 pts vs state
5.75%Median rate-0.75 pts vs state
-0.86Rate spread (pts)-1.15 pts vs state
$103kMedian applicant income
115Loans originated
32Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321914216.9%5.75%#121
202418311416.4%6.00%#149
202519311516.6%5.75%#156

What Alabama Credit Union lends in Alabama

By loan purpose

Home purchase 58 30% · 5.2% denied
Refinance 44 23% · 25.0% denied
Cash-out refinance 34 18% · 20.6% denied
Home improvement 27 14% · 14.8% denied
Other / HELOC 30 16% · 23.3% denied

By loan type

Conventional 193 100% · 16.6% denied

Why it denied Alabama applicants

Credit history 17 53%
Debt-to-income ratio 12 38%
Collateral 2 6%
Employment history 1 3%

Where in Alabama

Counties with the most Alabama Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tuscaloosa County 46329 19.6%
Baldwin County 43298 18.6%
Jefferson County 13101 7.7%
Shelby County 12100 0.0%
Cullman County 962 22.2%
Madison County 860 0.0%
Mobile County 742 28.6%
Fayette County 412 50.0%
Morgan County 320 0.0%
Bibb County 211 50.0%

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: 193 applications in 2025, of which 115 were originated and 32 denied.

16.6% of all applications, or 21.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Alabama Credit Union originated in Alabama in 2025 was 5.75%, against a statewide median of 6.50%.

About this data. Figures are Alabama Credit Union'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