Connexus Credit Union · Alabama · 2025

Connexus Credit Union in Alabama: approval rate, denial rate and rates (2025)

Connexus Credit Union took 29 mortgage applications in Alabama in 2025, ranking #363 of 990 lenders active in the state. It originated 20.7% of them and denied 62.1% (75.0% of the applications it decided), against a statewide denial rate of 19.9%.

29Applicationsin AL
75.0%Decision denial ratestate 25.0%
5.99%Median ratestate 6.50%
$45,000Median loanstate $165,000
$690kVolume16 counties

Connexus Credit Union in Alabama vs the state

62.1%Denial rate+42.22 pts vs state
75.0%Decision denial rate+50.00 pts vs state
20.7%Origination rate-34.70 pts vs state
5.99%Median rate-0.51 pts vs state
-0.65Rate spread (pts)-0.93 pts vs state
$121kMedian applicant income
6Loans originated
18Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202335948.6%4.49%#320
202421466.7%7.44%#374
202529662.1%5.99%#363

What Connexus Credit Union lends in Alabama

By loan purpose

Home purchase 1 3% · 0.0% denied
Refinance 1 3% · 100.0% denied
Cash-out refinance 4 14% · 50.0% denied
Home improvement 5 17% · 40.0% denied
Other / HELOC 18 62% · 72.2% denied

By loan type

Conventional 29 100% · 62.1% denied

Why it denied Alabama applicants

Credit history 5 28%
Other 5 28%
Debt-to-income ratio 5 28%
Collateral 2 11%
Incomplete application 1 6%

Where in Alabama

Counties with the most Connexus Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 402 50.0%
Shelby County 312 66.7%
Madison County 302 66.7%
Tuscaloosa County 303 100.0%
Marshall County 312 66.7%
Lee County 211 50.0%
Tallapoosa County 201 50.0%
Elmore County 101 100.0%
Winston County 101 100.0%
Jefferson 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: 29 applications in 2025, of which 6 were originated and 18 denied.

62.1% of all applications, or 75.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Connexus Credit Union originated in Alabama in 2025 was 5.99%, against a statewide median of 6.50%.

About this data. Figures are Connexus Credit Union'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