American Financing in Alabama vs the state
49.5%Denial rate+29.69 pts vs state
65.2%Decision denial rate+40.18 pts vs state
20.0%Origination rate-35.39 pts vs state
6.25%Median rate-0.25 pts vs state
0.25Rate spread (pts)-0.04 pts vs state
$77kMedian applicant income
65Loans originated
161Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 186 | 36 | 33.9% | 6.75% | #137 |
| 2024 | 314 | 61 | 57.0% | 6.25% | #105 |
| 2025 | 325 | 65 | 49.5% | 6.25% | #113 |
What American Financing lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most American Financing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mobile County | 31 | 6 | 17 | 54.8% |
| Jefferson County | 29 | 3 | 15 | 51.7% |
| Madison County | 25 | 3 | 14 | 56.0% |
| Baldwin County | 22 | 8 | 11 | 50.0% |
| Houston County | 19 | 4 | 10 | 52.6% |
| Shelby County | 18 | 3 | 10 | 55.6% |
| Tuscaloosa County | 17 | 4 | 8 | 47.1% |
| St. Clair County | 12 | 1 | 8 | 66.7% |
| Cullman County | 10 | 0 | 5 | 50.0% |
| Lee County | 10 | 5 | 1 | 10.0% |
Other large lenders in Alabama
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Regions Bank | C | 11,871 | 37.2% | 4.99% |
| Rocket Mortgage | C | 9,941 | 20.5% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 8,461 | 41.4% | 9.50% |
| United Shore Financial Services | B | 7,689 | 12.0% | 6.13% |
| 21st Mortgage | F | 6,507 | 46.0% | 9.98% |
| Mortgage Research Center | C | 5,107 | 18.4% | 6.25% |
| REDSTONE Federal Credit Union | C | 4,548 | 18.9% | 8.13% |
| Dhi Mortgage Company | B | 3,909 | 17.5% | 4.99% |
| Freedom Mortgage | B | 3,725 | 8.7% | 6.25% |
| Pennymac Loan Services | C | 3,611 | 11.6% | 6.25% |
Frequently asked questions
Alabama: 325 applications in 2025, of which 65 were originated and 161 denied.
49.5% of all applications, or 65.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans American Financing originated in Alabama in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are American Financing'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