First Bank of Alabama at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
52nd9.3% deniedProcesswithdrawn + incomplete share, weight 15%
93rd0.9%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 208 | 166 | 9.6% | 9.7% | — | $35M |
| 2024 | 188 | 145 | 13.8% | 14.1% | — | $28M |
| 2025 | 217 | 175 | 9.2% | 9.3% | — | $51M |
What First Bank of Alabama lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 22 manufactured homes, 57 investment properties.
Who gets approved at First Bank of Alabama
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 33 | 18 | 24.2% |
| $50k – $100k | 63 | 50 | 9.7% |
| $100k – $150k | 36 | 27 | 11.4% |
| $150k – $250k | 21 | 18 | 4.8% |
| Over $250k | 20 | 20 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 26 | 17 | 16.0% |
| 35–44 | 23 | 22 | 0.0% |
| 45–54 | 43 | 37 | 7.0% |
| 55–64 | 44 | 34 | 13.6% |
| 65–74 | 27 | 19 | 11.5% |
Where First Bank of Alabama lends
4 states and 25 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
First Bank of Alabama denied 9.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 52nd percentile of small mortgage lenders.
In 2025, 42% of its applications were for home purchases, 35% for refinancing (including cash-out), and 23% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.