First Colony Mortgage in Alabama vs the state
3.2%Denial rate-16.66 pts vs state
4.4%Decision denial rate-20.56 pts vs state
55.0%Origination rate-0.44 pts vs state
6.38%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.15 pts vs state
$108kMedian applicant income
172Loans originated
10Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 63 | 49 | 4.8% | 7.25% | #258 |
| 2024 | 448 | 333 | 5.1% | 6.50% | #79 |
| 2025 | 313 | 172 | 3.2% | 6.38% | #121 |
What First Colony Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most First Colony Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Madison County | 117 | 68 | 1 | 0.9% |
| Jefferson County | 60 | 26 | 2 | 3.3% |
| Shelby County | 28 | 15 | 2 | 7.1% |
| Limestone County | 21 | 12 | 2 | 9.5% |
| Marshall County | 13 | 7 | 0 | 0.0% |
| Baldwin County | 12 | 8 | 1 | 8.3% |
| Morgan County | 12 | 6 | 0 | 0.0% |
| Tuscaloosa County | 11 | 5 | 1 | 9.1% |
| St. Clair County | 9 | 3 | 1 | 11.1% |
| Cullman County | 5 | 4 | 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: 313 applications in 2025, of which 172 were originated and 10 denied.
3.2% of all applications, or 4.4% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans First Colony Mortgage originated in Alabama in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are First Colony 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