BankPlus in Alabama vs the state
8.8%Denial rate-11.04 pts vs state
11.0%Decision denial rate-14.04 pts vs state
68.5%Origination rate+13.11 pts vs state
6.50%Median rate0.00 pts vs state
0.02Rate spread (pts)-0.27 pts vs state
$139kMedian applicant income
311Loans originated
40Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 281 | 191 | 7.8% | 7.00% | #107 |
| 2024 | 432 | 291 | 10.9% | 6.63% | #83 |
| 2025 | 454 | 311 | 8.8% | 6.50% | #88 |
What BankPlus lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most BankPlus applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baldwin County | 125 | 74 | 12 | 9.6% |
| Mobile County | 113 | 72 | 9 | 8.0% |
| Houston County | 82 | 58 | 12 | 14.6% |
| Coffee County | 37 | 31 | 3 | 8.1% |
| Dale County | 20 | 17 | 1 | 5.0% |
| Geneva County | 18 | 14 | 3 | 16.7% |
| Jefferson County | 11 | 6 | 0 | 0.0% |
| Lee County | 8 | 8 | 0 | 0.0% |
| Henry County | 6 | 6 | 0 | 0.0% |
| St. Clair County | 5 | 4 | 0 | 0.0% |
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: 454 applications in 2025, of which 311 were originated and 40 denied.
8.8% of all applications, or 11.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans BankPlus originated in Alabama in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are BankPlus'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