Fifth Third Bank · Alabama · 2025

Fifth Third Bank in Alabama: approval rate, denial rate and rates (2025)

Fifth Third Bank took 88 mortgage applications in Alabama in 2025, ranking #242 of 990 lenders active in the state. It originated 31.8% of them and denied 33.0% (50.0% of the applications it decided), against a statewide denial rate of 19.9%.

88Applicationsin AL
50.0%Decision denial ratestate 25.0%
6.56%Median ratestate 6.50%
$155,000Median loanstate $165,000
$6.9MVolume28 counties

Fifth Third Bank in Alabama vs the state

33.0%Denial rate+13.10 pts vs state
50.0%Decision denial rate+25.00 pts vs state
31.8%Origination rate-23.57 pts vs state
6.56%Median rate+0.06 pts vs state
0.34Rate spread (pts)+0.05 pts vs state
$92kMedian applicant income
28Loans originated
29Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023371913.5%7.00%#313
2024432211.6%6.50%#314
2025882833.0%6.56%#242

What Fifth Third Bank lends in Alabama

By loan purpose

Home purchase 34 39% · 8.8% denied
Refinance 9 10% · 44.4% denied
Cash-out refinance 11 13% · 18.2% denied
Home improvement 25 28% · 56.0% denied
Other / HELOC 9 10% · 66.7% denied

By loan type

Conventional 77 88% · 35.1% denied
FHA 7 8% · 28.6% denied
VA 4 5% · 0.0% denied

Why it denied Alabama applicants

Credit history 16 55%
Debt-to-income ratio 5 17%
Other 3 10%
Collateral 2 7%
Insufficient cash 1 3%
Employment history 1 3%
Unverifiable information 1 3%

Where in Alabama

Counties with the most Fifth Third Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1474 28.6%
Baldwin County 1102 18.2%
Madison County 1015 50.0%
Shelby County 841 12.5%
Mobile County 642 33.3%
Butler County 413 75.0%
Marshall County 431 25.0%
Morgan County 302 66.7%
Walker County 301 33.3%
Dallas County 210 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: 88 applications in 2025, of which 28 were originated and 29 denied.

33.0% of all applications, or 50.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Fifth Third Bank originated in Alabama in 2025 was 6.56%, against a statewide median of 6.50%.

About this data. Figures are Fifth Third 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