Clearedge Lending · Alabama · 2025

Clearedge Lending in Alabama: approval rate, denial rate and rates (2025)

Clearedge Lending took 11 mortgage applications in Alabama in 2025, ranking #470 of 990 lenders active in the state. It originated 36.4% of them and denied 63.6% (63.6% of the applications it decided), against a statewide denial rate of 19.9%.

11Applicationsin AL
63.6%Decision denial ratestate 25.0%
7.31%Median ratestate 6.50%
$145,000Median loanstate $165,000
$1.1MVolume7 counties

Clearedge Lending in Alabama vs the state

63.6%Denial rate+43.79 pts vs state
63.6%Decision denial rate+38.64 pts vs state
36.4%Origination rate-19.03 pts vs state
7.31%Median rate+0.81 pts vs state
1.12Rate spread (pts)+0.83 pts vs state
$132kMedian applicant income
4Loans originated
7Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023231152.2%8.00%#361
20247428.6%8.25%#503
202511463.6%7.31%#470

What Clearedge Lending lends in Alabama

By loan purpose

Home purchase 4 36% · 25.0% denied
Refinance 2 18% · 100.0% denied
Cash-out refinance 3 27% · 100.0% denied
Other / HELOC 2 18% · 50.0% denied

By loan type

Conventional 11 100% · 63.6% denied

Why it denied Alabama applicants

Incomplete application 4 57%
Collateral 2 29%
Debt-to-income ratio 1 14%

Where in Alabama

Counties with the most Clearedge Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 505 100.0%
Baldwin County 101 100.0%
Tuscaloosa County 110 0.0%
St. Clair County 101 100.0%
Shelby County 110 0.0%
Cleburne County 110 0.0%
Autauga 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: 11 applications in 2025, of which 4 were originated and 7 denied.

63.6% of all applications, or 63.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Clearedge Lending originated in Alabama in 2025 was 7.31%, against a statewide median of 6.50%.

About this data. Figures are Clearedge Lending'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