Better Mortgage in Alabama vs the state
33.0%Denial rate+13.18 pts vs state
55.2%Decision denial rate+30.15 pts vs state
26.5%Origination rate-28.89 pts vs state
7.13%Median rate+0.63 pts vs state
0.62Rate spread (pts)+0.34 pts vs state
$120kMedian applicant income
146Loans originated
182Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 145 | 68 | 4.1% | 6.38% | #164 |
| 2024 | 164 | 50 | 16.5% | 7.00% | #160 |
| 2025 | 551 | 146 | 33.0% | 7.13% | #79 |
What Better Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 108 | 24 | 38 | 35.2% |
| Madison County | 70 | 22 | 16 | 22.9% |
| Baldwin County | 56 | 14 | 22 | 39.3% |
| Mobile County | 33 | 7 | 13 | 39.4% |
| Shelby County | 27 | 11 | 5 | 18.5% |
| Lee County | 25 | 6 | 10 | 40.0% |
| Limestone County | 20 | 7 | 7 | 35.0% |
| Morgan County | 19 | 5 | 5 | 26.3% |
| Montgomery County | 17 | 0 | 9 | 52.9% |
| Tuscaloosa County | 16 | 4 | 5 | 31.3% |
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: 551 applications in 2025, of which 146 were originated and 182 denied.
33.0% of all applications, or 55.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Better Mortgage originated in Alabama in 2025 was 7.13%, against a statewide median of 6.50%.
About this data. Figures are Better Mortgage'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