Bayshore Mortgage Funding · Alabama · 2025

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

Bayshore Mortgage Funding took 35 mortgage applications in Alabama in 2025, ranking #346 of 990 lenders active in the state. It originated 40.0% of them and denied 11.4% (22.2% of the applications it decided), against a statewide denial rate of 19.9%.

35Applicationsin AL
22.2%Decision denial ratestate 25.0%
7.13%Median ratestate 6.50%
$115,000Median loanstate $165,000
$2.2MVolume11 counties

Bayshore Mortgage Funding in Alabama vs the state

11.4%Denial rate-8.42 pts vs state
22.2%Decision denial rate-2.78 pts vs state
40.0%Origination rate-15.39 pts vs state
7.13%Median rate+0.63 pts vs state
1.09Rate spread (pts)+0.80 pts vs state
$60kMedian applicant income
14Loans originated
4Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023712616.9%7.19%#247
2024422111.9%7.13%#317
2025351411.4%7.13%#346

What Bayshore Mortgage Funding lends in Alabama

By loan purpose

Home purchase 31 89% · 12.9% denied
Cash-out refinance 4 11% · 0.0% denied

By loan type

Conventional 7 20% · 14.3% denied
FHA 13 37% · 23.1% denied
VA 2 6% · 0.0% denied
USDA / RHS 13 37% · 0.0% denied

Why it denied Alabama applicants

Credit history 2 50%
Unverifiable information 1 25%
Debt-to-income ratio 1 25%

Where in Alabama

Counties with the most Bayshore Mortgage Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Calhoun County 1360 0.0%
Talladega County 720 0.0%
Dallas County 321 33.3%
Lee County 301 33.3%
Jefferson County 211 50.0%
Montgomery County 210 0.0%
Marengo County 101 100.0%
Fayette County 100 0.0%
DeKalb County 100 0.0%
Randolph 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: 35 applications in 2025, of which 14 were originated and 4 denied.

11.4% of all applications, or 22.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Bayshore Mortgage Funding originated in Alabama in 2025 was 7.13%, against a statewide median of 6.50%.

About this data. Figures are Bayshore Mortgage Funding'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