Baxter Credit Union · Alabama · 2025

Baxter Credit Union in Alabama: approval rate, denial rate and rates (2025)

Baxter Credit Union took 26 mortgage applications in Alabama in 2025, ranking #370 of 990 lenders active in the state. It originated 50.0% of them and denied 23.1% (23.1% of the applications it decided), against a statewide denial rate of 19.9%.

26Applicationsin AL
23.1%Decision denial ratestate 25.0%
6.75%Median ratestate 6.50%
$160,000Median loanstate $165,000
$2.4MVolume13 counties

Baxter Credit Union in Alabama vs the state

23.1%Denial rate+3.23 pts vs state
23.1%Decision denial rate-1.92 pts vs state
50.0%Origination rate-5.39 pts vs state
6.75%Median rate+0.25 pts vs state
-0.11Rate spread (pts)-0.39 pts vs state
$134kMedian applicant income
13Loans originated
6Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023201220.0%7.88%#378
2024261330.8%7.75%#359
2025261323.1%6.75%#370

What Baxter Credit Union lends in Alabama

By loan purpose

Home purchase 6 23% · 33.3% denied
Refinance 4 15% · 25.0% denied
Cash-out refinance 5 19% · 20.0% denied
Home improvement 6 23% · 16.7% denied
Other / HELOC 5 19% · 20.0% denied

By loan type

Conventional 26 100% · 23.1% denied

Why it denied Alabama applicants

Debt-to-income ratio 3 50%
Collateral 2 33%
Credit history 1 17%

Where in Alabama

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baldwin County 511 20.0%
Jefferson County 540 0.0%
Lee County 321 33.3%
Tuscaloosa County 311 33.3%
Colbert County 210 0.0%
Limestone County 110 0.0%
Walker County 101 100.0%
Marshall County 110 0.0%
Tallapoosa County 100 0.0%
St. Clair County 110 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: 26 applications in 2025, of which 13 were originated and 6 denied.

23.1% of all applications, or 23.1% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Baxter Credit Union originated in Alabama in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are Baxter Credit Union'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