Coastal Community Bank · Alabama · 2025

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

Coastal Community Bank took 1,640 mortgage applications in Alabama in 2025, ranking #30 of 990 lenders active in the state. It originated 25.4% of them and denied 2.4% (3.3% of the applications it decided), against a statewide denial rate of 19.9%.

1.6kApplicationsin AL
3.3%Decision denial ratestate 25.0%
10.49%Median ratestate 6.50%
$45,000Median loanstate $165,000
$22MVolume64 counties

Coastal Community Bank in Alabama vs the state

2.4%Denial rate-17.47 pts vs state
3.3%Decision denial rate-21.73 pts vs state
25.4%Origination rate-30.02 pts vs state
10.49%Median rate+3.99 pts vs state
3.21Rate spread (pts)+2.92 pts vs state
$110kMedian applicant income
416Loans originated
39Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237542981.2%14.24%#55
20241,2592711.5%12.49%#37
20251,6404162.4%10.49%#30

What Coastal Community Bank lends in Alabama

By loan purpose

Cash-out refinance 139 8% · 1.4% denied
Home improvement 510 31% · 2.8% denied
Other / HELOC 991 60% · 2.3% denied

By loan type

Conventional 1,640 100% · 2.4% denied

Why it denied Alabama applicants

Debt-to-income ratio 18 46%
Credit history 12 31%
Unverifiable information 3 8%
Other 3 8%
Collateral 3 8%

Where in Alabama

Counties with the most Coastal Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 215679 4.2%
Madison County 184440 0.0%
Mobile County 141336 4.3%
Shelby County 134394 3.0%
Baldwin County 96221 1.0%
Lee County 78191 1.3%
Montgomery County 66171 1.5%
Etowah County 51151 2.0%
Morgan County 47120 0.0%
Houston County 4682 4.3%

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: 1,640 applications in 2025, of which 416 were originated and 39 denied.

2.4% of all applications, or 3.3% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Coastal Community Bank originated in Alabama in 2025 was 10.49%, against a statewide median of 6.50%.

About this data. Figures are Coastal Community 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