Filo Mortgage in Alabama vs the state
2.9%Denial rate-16.98 pts vs state
3.9%Decision denial rate-21.10 pts vs state
67.9%Origination rate+12.55 pts vs state
6.38%Median rate-0.13 pts vs state
0.15Rate spread (pts)-0.14 pts vs state
$101kMedian applicant income
142Loans originated
6Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 29 | 13 | 6.9% | 6.00% | #342 |
| 2024 | 102 | 76 | 4.9% | 6.50% | #216 |
| 2025 | 209 | 142 | 2.9% | 6.38% | #153 |
What Filo Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Filo Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lee County | 72 | 53 | 1 | 1.4% |
| Jefferson County | 27 | 24 | 1 | 3.7% |
| Cullman County | 15 | 6 | 1 | 6.7% |
| Shelby County | 14 | 10 | 1 | 7.1% |
| Baldwin County | 11 | 3 | 0 | 0.0% |
| Marshall County | 9 | 8 | 0 | 0.0% |
| St. Clair County | 8 | 5 | 1 | 12.5% |
| Mobile County | 7 | 1 | 0 | 0.0% |
| Tallapoosa County | 6 | 4 | 0 | 0.0% |
| Madison County | 5 | 3 | 0 | 0.0% |
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: 209 applications in 2025, of which 142 were originated and 6 denied.
2.9% of all applications, or 3.9% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Filo Mortgage originated in Alabama in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are Filo 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