American Financial Network · Alabama · 2025

American Financial Network in Alabama: approval rate, denial rate and rates (2025)

American Financial Network took 254 mortgage applications in Alabama in 2025, ranking #135 of 990 lenders active in the state. It originated 54.3% of them and denied 17.3% (23.9% of the applications it decided), against a statewide denial rate of 19.9%.

254Applicationsin AL
23.9%Decision denial ratestate 25.0%
7.00%Median ratestate 6.50%
$205,000Median loanstate $165,000
$29MVolume32 counties

American Financial Network in Alabama vs the state

17.3%Denial rate-2.53 pts vs state
23.9%Decision denial rate-1.09 pts vs state
54.3%Origination rate-1.06 pts vs state
7.00%Median rate+0.50 pts vs state
1.19Rate spread (pts)+0.91 pts vs state
$77kMedian applicant income
138Loans originated
44Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233341747.8%7.13%#97
202427114111.4%7.50%#115
202525413817.3%7.00%#135

What American Financial Network lends in Alabama

By loan purpose

Home purchase 183 72% · 22.4% denied
Refinance 20 8% · 5.0% denied
Cash-out refinance 51 20% · 3.9% denied

By loan type

Conventional 96 38% · 16.7% denied
FHA 128 50% · 21.9% denied
VA 21 8% · 0.0% denied
USDA / RHS 9 4% · 0.0% denied

Why it denied Alabama applicants

Debt-to-income ratio 25 57%
Credit history 12 27%
Other 6 14%
Unverifiable information 1 2%

Where in Alabama

Counties with the most American Financial Network applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 50169 18.0%
Baldwin County 42331 2.4%
Mobile County 392211 28.2%
Montgomery County 2092 10.0%
Madison County 18103 16.7%
Shelby County 950 0.0%
Morgan County 844 50.0%
Tuscaloosa County 833 37.5%
Calhoun County 632 33.3%
Limestone County 522 40.0%

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: 254 applications in 2025, of which 138 were originated and 44 denied.

17.3% of all applications, or 23.9% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans American Financial Network originated in Alabama in 2025 was 7.00%, against a statewide median of 6.50%.

About this data. Figures are American Financial Network'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