Ark-La-Tex Financial Services, LLC. · Alabama · 2025

Ark-La-Tex Financial Services, LLC. in Alabama: approval rate, denial rate and rates (2025)

Ark-La-Tex Financial Services, LLC. took 393 mortgage applications in Alabama in 2025, ranking #102 of 990 lenders active in the state. It originated 79.9% of them and denied 2.0% (2.5% of the applications it decided), against a statewide denial rate of 19.9%.

393Applicationsin AL
2.5%Decision denial ratestate 25.0%
6.50%Median ratestate 6.50%
$245,000Median loanstate $165,000
$87MVolume41 counties

Ark-La-Tex Financial Services, LLC. in Alabama vs the state

2.0%Denial rate-17.81 pts vs state
2.5%Decision denial rate-22.53 pts vs state
79.9%Origination rate+24.51 pts vs state
6.50%Median rate0.00 pts vs state
0.28Rate spread (pts)-0.01 pts vs state
$87kMedian applicant income
314Loans originated
8Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232181533.2%6.75%#123
20242882272.8%6.62%#108
20253933142.0%6.50%#102

What Ark-La-Tex Financial Services, LLC. lends in Alabama

By loan purpose

Home purchase 310 79% · 1.6% denied
Refinance 27 7% · 3.7% denied
Cash-out refinance 56 14% · 3.6% denied

By loan type

Conventional 131 33% · 2.3% denied
FHA 146 37% · 2.1% denied
VA 105 27% · 1.9% denied
USDA / RHS 11 3% · 0.0% denied

Why it denied Alabama applicants

Collateral 3 38%
Other 2 25%
Credit history 2 25%
Employment history 1 13%

Where in Alabama

Counties with the most Ark-La-Tex Financial Services, LLC. applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baldwin County 61522 3.3%
Lee County 59421 1.7%
Russell County 48401 2.1%
Shelby County 43341 2.3%
Jefferson County 32250 0.0%
Mobile County 32201 3.1%
Madison County 13110 0.0%
Tuscaloosa County 13110 0.0%
Escambia County 10100 0.0%
Chambers County 880 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: 393 applications in 2025, of which 314 were originated and 8 denied.

2.0% of all applications, or 2.5% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Ark-La-Tex Financial Services, LLC. originated in Alabama in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Ark-La-Tex Financial Services, LLC.'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