Equity Prime Mortgage · Alabama · 2025

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

Equity Prime Mortgage took 739 mortgage applications in Alabama in 2025, ranking #61 of 990 lenders active in the state. It originated 42.4% of them and denied 11.8% (21.6% of the applications it decided), against a statewide denial rate of 19.9%.

739Applicationsin AL
21.6%Decision denial ratestate 25.0%
6.50%Median ratestate 6.50%
$215,000Median loanstate $165,000
$74MVolume55 counties

Equity Prime Mortgage in Alabama vs the state

11.8%Denial rate-8.08 pts vs state
21.6%Decision denial rate-3.36 pts vs state
42.4%Origination rate-13.04 pts vs state
6.50%Median rate0.00 pts vs state
0.41Rate spread (pts)+0.12 pts vs state
$73kMedian applicant income
313Loans originated
87Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023158874.4%6.88%#152
20242291164.4%6.88%#132
202573931311.8%6.50%#61

What Equity Prime Mortgage lends in Alabama

By loan purpose

Home purchase 369 50% · 10.0% denied
Refinance 51 7% · 13.7% denied
Cash-out refinance 319 43% · 13.5% denied

By loan type

Conventional 21 3% · 4.8% denied
FHA 388 53% · 13.4% denied
VA 217 29% · 14.3% denied
USDA / RHS 113 15% · 2.7% denied

Why it denied Alabama applicants

Credit history 42 48%
Other 26 30%
Debt-to-income ratio 13 15%
Collateral 2 2%
Incomplete application 2 2%
Insufficient cash 1 1%
Employment history 1 1%

Where in Alabama

Counties with the most Equity Prime Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 89309 10.1%
Mobile County 63187 11.1%
Madison County 57217 12.3%
Tuscaloosa County 551713 23.6%
Baldwin County 50286 12.0%
Chambers County 47261 2.1%
Montgomery County 35133 8.6%
Shelby County 2372 8.7%
Houston County 21150 0.0%
Calhoun County 21122 9.5%

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: 739 applications in 2025, of which 313 were originated and 87 denied.

11.8% of all applications, or 21.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

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

About this data. Figures are Equity Prime 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