Banksouth Mortgage Company in Alabama vs the state
7.7%Denial rate-12.16 pts vs state
9.1%Decision denial rate-15.91 pts vs state
76.9%Origination rate+21.53 pts vs state
6.75%Median rate+0.25 pts vs state
0.18Rate spread (pts)-0.10 pts vs state
$102kMedian applicant income
10Loans originated
1Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 12 | 9 | 0.0% | 6.25% | #429 |
| 2024 | 13 | 11 | 0.0% | 6.75% | #428 |
| 2025 | 13 | 10 | 7.7% | 6.75% | #439 |
What Banksouth Mortgage Company lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Banksouth Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lee County | 5 | 4 | 0 | 0.0% |
| Randolph County | 3 | 2 | 1 | 33.3% |
| Colbert County | 1 | 1 | 0 | 0.0% |
| Jefferson County | 1 | 1 | 0 | 0.0% |
| Baldwin County | 1 | 1 | 0 | 0.0% |
| Mobile County | 1 | 0 | 0 | 0.0% |
| St. Clair County | 1 | 1 | 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: 13 applications in 2025, of which 10 were originated and 1 denied.
7.7% of all applications, or 9.1% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Banksouth Mortgage Company originated in Alabama in 2025 was 6.75%, against a statewide median of 6.50%.
About this data. Figures are Banksouth Mortgage Company'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