Discover Bank in Alabama vs the state
55.9%Denial rate+36.00 pts vs state
78.9%Decision denial rate+53.85 pts vs state
14.6%Origination rate-40.75 pts vs state
8.87%Median rate+2.37 pts vs state
2.30Rate spread (pts)+2.01 pts vs state
$96kMedian applicant income
129Loans originated
492Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,019 | 442 | 48.2% | 9.74% | #13 |
| 2024 | 2,805 | 484 | 54.6% | 8.87% | #13 |
| 2025 | 881 | 129 | 55.9% | 8.87% | #51 |
What Discover Bank lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Discover Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 103 | 8 | 61 | 59.2% |
| Madison County | 97 | 15 | 52 | 53.6% |
| Baldwin County | 89 | 17 | 40 | 44.9% |
| Mobile County | 81 | 8 | 44 | 54.3% |
| Shelby County | 61 | 15 | 29 | 47.5% |
| Lee County | 42 | 6 | 25 | 59.5% |
| Tuscaloosa County | 34 | 4 | 17 | 50.0% |
| Montgomery County | 28 | 3 | 17 | 60.7% |
| St. Clair County | 28 | 5 | 16 | 57.1% |
| Calhoun County | 25 | 5 | 17 | 68.0% |
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: 881 applications in 2025, of which 129 were originated and 492 denied.
55.9% of all applications, or 78.9% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Discover Bank originated in Alabama in 2025 was 8.87%, against a statewide median of 6.50%.
About this data. Figures are Discover 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