Cadence Bank · Alabama · 2025

Cadence Bank in Alabama: approval rate, denial rate and rates (2025)

Cadence Bank took 2,500 mortgage applications in Alabama in 2025, ranking #20 of 990 lenders active in the state. It originated 70.4% of them and denied 16.0% (18.1% of the applications it decided), against a statewide denial rate of 19.9%.

2.5kApplicationsin AL
18.1%Decision denial ratestate 25.0%
6.88%Median ratestate 6.50%
$185,000Median loanstate $165,000
$541MVolume55 counties

Cadence Bank in Alabama vs the state

16.0%Denial rate-3.81 pts vs state
18.1%Decision denial rate-6.87 pts vs state
70.4%Origination rate+14.97 pts vs state
6.88%Median rate+0.38 pts vs state
0.22Rate spread (pts)-0.07 pts vs state
$115kMedian applicant income
1,759Loans originated
401Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,3141,55718.6%7.38%#18
20242,3971,63418.7%7.75%#18
20252,5001,75916.0%6.88%#20

What Cadence Bank lends in Alabama

By loan purpose

Home purchase 1,234 49% · 7.1% denied
Refinance 501 20% · 18.8% denied
Cash-out refinance 62 2% · 35.5% denied
Home improvement 42 2% · 33.3% denied
Other / HELOC 661 26% · 27.8% denied

By loan type

Conventional 2,268 91% · 15.7% denied
FHA 176 7% · 22.2% denied
VA 35 1% · 8.6% denied
USDA / RHS 21 1% · 19.1% denied

Why it denied Alabama applicants

Debt-to-income ratio 180 45%
Credit history 98 24%
Other 54 13%
Incomplete application 30 7%
Collateral 15 4%
Insufficient cash 9 2%
Unverifiable information 8 2%
Employment history 7 2%

Where in Alabama

Counties with the most Cadence Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 70251091 13.0%
Madison County 23315743 18.5%
Baldwin County 22917316 7.0%
Shelby County 20615124 11.7%
Mobile County 19513533 16.9%
Tuscaloosa County 17012618 10.6%
Lee County 856011 12.9%
Marshall County 845917 20.2%
Clarke County 654416 24.6%
St. Clair County 583910 17.2%

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: 2,500 applications in 2025, of which 1,759 were originated and 401 denied.

16.0% of all applications, or 18.1% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Cadence Bank originated in Alabama in 2025 was 6.88%, against a statewide median of 6.50%.

About this data. Figures are Cadence Bank'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