American Financial Resources · Alabama · 2025

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

American Financial Resources took 318 mortgage applications in Alabama in 2025, ranking #116 of 990 lenders active in the state. It originated 66.0% of them and denied 10.7% (13.9% of the applications it decided), against a statewide denial rate of 19.9%.

318Applicationsin AL
13.9%Decision denial ratestate 25.0%
6.25%Median ratestate 6.50%
$215,000Median loanstate $165,000
$53MVolume52 counties

American Financial Resources in Alabama vs the state

10.7%Denial rate-9.16 pts vs state
13.9%Decision denial rate-11.07 pts vs state
66.0%Origination rate+10.65 pts vs state
6.25%Median rate-0.25 pts vs state
0.34Rate spread (pts)+0.06 pts vs state
$78kMedian applicant income
210Loans originated
34Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231688615.5%6.75%#144
20242481618.1%6.63%#119
202531821010.7%6.25%#116

What American Financial Resources lends in Alabama

By loan purpose

Home purchase 267 84% · 9.7% denied
Refinance 30 9% · 13.3% denied
Cash-out refinance 21 7% · 19.1% denied

By loan type

Conventional 76 24% · 5.3% denied
FHA 162 51% · 13.6% denied
VA 45 14% · 11.1% denied
USDA / RHS 35 11% · 8.6% denied

Why it denied Alabama applicants

Credit history 12 35%
Debt-to-income ratio 11 32%
Collateral 4 12%
Other 4 12%
Employment history 2 6%
Insufficient cash 1 3%

Where in Alabama

Counties with the most American Financial Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mobile County 37260 0.0%
Houston County 31214 12.9%
Baldwin County 25202 8.0%
Jefferson County 20123 15.0%
Madison County 20141 5.0%
Dale County 18131 5.6%
Calhoun County 1041 10.0%
Geneva County 971 11.1%
Coffee County 971 11.1%
Henry County 940 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: 318 applications in 2025, of which 210 were originated and 34 denied.

10.7% of all applications, or 13.9% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans American Financial Resources originated in Alabama in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are American Financial Resources'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