Envoy Mortgage · Alabama · 2025

Envoy Mortgage in Alabama: approval rate, denial rate and rates (2025)

Envoy Mortgage took 23 mortgage applications in Alabama in 2025, ranking #385 of 990 lenders active in the state. It originated 82.6% of them and denied 4.4% (5.0% of the applications it decided), against a statewide denial rate of 19.9%.

23Applicationsin AL
5.0%Decision denial ratestate 25.0%
6.50%Median ratestate 6.50%
$285,000Median loanstate $165,000
$6.5MVolume9 counties

Envoy Mortgage in Alabama vs the state

4.4%Denial rate-15.50 pts vs state
5.0%Decision denial rate-20.00 pts vs state
82.6%Origination rate+27.22 pts vs state
6.50%Median rate0.00 pts vs state
0.39Rate spread (pts)+0.11 pts vs state
$106kMedian applicant income
19Loans originated
1Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232842173.9%6.63%#106
20241481053.4%6.63%#176
202523194.4%6.50%#385

What Envoy Mortgage lends in Alabama

By loan purpose

Home purchase 22 96% · 4.6% denied
Cash-out refinance 1 4% · 0.0% denied

By loan type

Conventional 12 52% · 0.0% denied
FHA 8 35% · 12.5% denied
VA 3 13% · 0.0% denied

Why it denied Alabama applicants

Debt-to-income ratio 1 100%

Where in Alabama

Counties with the most Envoy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 861 12.5%
Shelby County 650 0.0%
Madison County 210 0.0%
Calhoun County 220 0.0%
Etowah County 110 0.0%
Montgomery County 110 0.0%
Tuscaloosa County 110 0.0%
Baldwin County 110 0.0%
Houston 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: 23 applications in 2025, of which 19 were originated and 1 denied.

4.4% of all applications, or 5.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Envoy Mortgage originated in Alabama in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Envoy 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