Family Savings Credit Union · Alabama · 2025

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

Family Savings Credit Union took 507 mortgage applications in Alabama in 2025, ranking #82 of 990 lenders active in the state. It originated 86.6% of them and denied 7.5% (7.6% of the applications it decided), against a statewide denial rate of 19.9%.

507Applicationsin AL
7.6%Decision denial ratestate 25.0%
6.50%Median ratestate 6.50%
$105,000Median loanstate $165,000
$94MVolume19 counties

Family Savings Credit Union in Alabama vs the state

7.5%Denial rate-12.35 pts vs state
7.6%Decision denial rate-17.45 pts vs state
86.6%Origination rate+31.20 pts vs state
6.50%Median rate0.00 pts vs state
0.89Rate spread (pts)+0.60 pts vs state
$194kMedian applicant income
439Loans originated
38Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202340534115.8%8.25%#86
20244344015.8%8.00%#82
20255074397.5%6.50%#82

What Family Savings Credit Union lends in Alabama

By loan purpose

Home purchase 55 11% · 0.0% denied
Refinance 35 7% · 11.4% denied
Cash-out refinance 216 43% · 1.9% denied
Home improvement 43 8% · 16.3% denied
Other / HELOC 158 31% · 14.6% denied

By loan type

Conventional 507 100% · 7.5% denied

Why it denied Alabama applicants

Credit history 14 37%
Collateral 13 34%
Debt-to-income ratio 10 26%
Employment history 1 3%

Where in Alabama

Counties with the most Family Savings Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Etowah County 19615424 12.2%
Marshall County 1431402 1.4%
DeKalb County 64601 1.6%
Jackson County 23184 17.4%
Cherokee County 21182 9.5%
Calhoun County 17113 17.6%
St. Clair County 1091 10.0%
Madison County 751 14.3%
Baldwin County 440 0.0%
Mobile County 440 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: 507 applications in 2025, of which 439 were originated and 38 denied.

7.5% of all applications, or 7.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

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

About this data. Figures are Family Savings 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