Colorado Federal Savings Bank · Alabama · 2025

Colorado Federal Savings Bank in Alabama: approval rate, denial rate and rates (2025)

Colorado Federal Savings Bank took 257 mortgage applications in Alabama in 2025, ranking #134 of 990 lenders active in the state. It originated 77.8% of them and denied 4.3% (5.2% of the applications it decided), against a statewide denial rate of 19.9%.

257Applicationsin AL
5.2%Decision denial ratestate 25.0%
6.38%Median ratestate 6.50%
$305,000Median loanstate $165,000
$68MVolume22 counties

Colorado Federal Savings Bank in Alabama vs the state

4.3%Denial rate-15.57 pts vs state
5.2%Decision denial rate-19.81 pts vs state
77.8%Origination rate+22.43 pts vs state
6.38%Median rate-0.13 pts vs state
-0.07Rate spread (pts)-0.36 pts vs state
$113kMedian applicant income
200Loans originated
11Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231471206.1%6.50%#160
20242041584.9%6.50%#145
20252572004.3%6.38%#134

What Colorado Federal Savings Bank lends in Alabama

By loan purpose

Home purchase 220 86% · 2.7% denied
Refinance 31 12% · 12.9% denied
Cash-out refinance 6 2% · 16.7% denied

By loan type

Conventional 257 100% · 4.3% denied

Why it denied Alabama applicants

Collateral 5 45%
Unverifiable information 2 18%
Other 2 18%
Credit history 1 9%
Debt-to-income ratio 1 9%

Where in Alabama

Counties with the most Colorado Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Madison County 113933 2.7%
Jefferson County 25202 8.0%
Cullman County 20150 0.0%
Limestone County 18151 5.6%
Tuscaloosa County 16120 0.0%
Shelby County 1291 8.3%
Mobile County 1041 10.0%
Lee County 870 0.0%
Morgan County 631 16.7%
Baldwin County 521 20.0%

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: 257 applications in 2025, of which 200 were originated and 11 denied.

4.3% of all applications, or 5.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Colorado Federal Savings Bank originated in Alabama in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are Colorado Federal Savings 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