AmeriSave Mortgage · Alabama · 2025

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

AmeriSave Mortgage took 2,365 mortgage applications in Alabama in 2025, ranking #23 of 990 lenders active in the state. It originated 22.1% of them and denied 66.3% (74.6% of the applications it decided), against a statewide denial rate of 19.9%.

2.4kApplicationsin AL
74.6%Decision denial ratestate 25.0%
7.50%Median ratestate 6.50%
$85,000Median loanstate $165,000
$63MVolume67 counties

AmeriSave Mortgage in Alabama vs the state

66.3%Denial rate+46.41 pts vs state
74.6%Decision denial rate+49.55 pts vs state
22.1%Origination rate-33.32 pts vs state
7.50%Median rate+1.00 pts vs state
1.69Rate spread (pts)+1.40 pts vs state
$60kMedian applicant income
522Loans originated
1,567Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,04433423.6%6.19%#21
20242,36631471.6%7.38%#20
20252,36552266.3%7.50%#23

What AmeriSave Mortgage lends in Alabama

By loan purpose

Home purchase 63 3% · 42.9% denied
Refinance 43 2% · 83.7% denied
Cash-out refinance 2,259 96% · 66.6% denied

By loan type

Conventional 1,229 52% · 59.7% denied
FHA 921 39% · 73.1% denied
VA 212 9% · 74.5% denied
USDA / RHS 3 0% · 66.7% denied

Why it denied Alabama applicants

Incomplete application 837 53%
Credit history 226 14%
Debt-to-income ratio 163 10%
Collateral 163 10%
Unverifiable information 101 6%
Insufficient cash 38 2%
Other 38 2%
Employment history 1 0%

Where in Alabama

Counties with the most AmeriSave Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 30057207 69.0%
Mobile County 21348138 64.8%
Madison County 17245108 62.8%
Baldwin County 1152573 63.5%
Montgomery County 861661 70.9%
Calhoun County 851459 69.4%
Tuscaloosa County 811661 75.3%
Shelby County 793041 51.9%
Lee County 651841 63.1%
Limestone County 581831 53.4%

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: 2,365 applications in 2025, of which 522 were originated and 1,567 denied.

66.3% of all applications, or 74.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans AmeriSave Mortgage originated in Alabama in 2025 was 7.50%, against a statewide median of 6.50%.

About this data. Figures are AmeriSave Mortgage'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