Commerce Home Mortgage in Alabama vs the state
8.9%Denial rate-10.94 pts vs state
12.3%Decision denial rate-12.67 pts vs state
63.4%Origination rate+7.98 pts vs state
7.25%Median rate+0.75 pts vs state
1.12Rate spread (pts)+0.83 pts vs state
$192kMedian applicant income
64Loans originated
9Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 32 | 12 | 21.9% | 9.31% | #332 |
| 2024 | 54 | 26 | 5.6% | 7.38% | #282 |
| 2025 | 101 | 64 | 8.9% | 7.25% | #231 |
What Commerce Home Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baldwin County | 22 | 14 | 0 | 0.0% |
| Jefferson County | 18 | 13 | 2 | 11.1% |
| Mobile County | 12 | 8 | 0 | 0.0% |
| Tuscaloosa County | 10 | 7 | 1 | 10.0% |
| Shelby County | 8 | 7 | 1 | 12.5% |
| Madison County | 7 | 3 | 0 | 0.0% |
| Morgan County | 3 | 2 | 0 | 0.0% |
| Cullman County | 3 | 1 | 1 | 33.3% |
| Chilton County | 2 | 0 | 1 | 50.0% |
| Houston County | 2 | 1 | 1 | 50.0% |
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: 101 applications in 2025, of which 64 were originated and 9 denied.
8.9% of all applications, or 12.3% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Commerce Home Mortgage originated in Alabama in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are Commerce Home 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