First Metro Bank · Alabama · 2025

First Metro Bank in Alabama: approval rate, denial rate and rates (2025)

First Metro Bank took 221 mortgage applications in Alabama in 2025, ranking #147 of 990 lenders active in the state. It originated 78.3% of them and denied 6.8% (7.9% of the applications it decided), against a statewide denial rate of 19.9%.

221Applicationsin AL
7.9%Decision denial ratestate 25.0%
Median ratestate 6.50%
$115,000Median loanstate $165,000
$34MVolume16 counties

First Metro Bank in Alabama vs the state

6.8%Denial rate-13.06 pts vs state
7.9%Decision denial rate-17.11 pts vs state
78.3%Origination rate+22.89 pts vs state
Median rate
Rate spread (pts)
$87kMedian applicant income
173Loans originated
15Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231961648.7%#130
202418514413.0%#148
20252211736.8%#147

What First Metro Bank lends in Alabama

By loan purpose

Home purchase 112 51% · 6.3% denied
Refinance 69 31% · 5.8% denied
Home improvement 23 10% · 17.4% denied
Other / HELOC 17 8% · 0.0% denied

By loan type

Conventional 217 98% · 6.5% denied
FHA 2 1% · 50.0% denied
USDA / RHS 2 1% · 0.0% denied

Where in Alabama

Counties with the most First Metro Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Colbert County 76566 7.9%
Lauderdale County 74643 4.1%
Franklin County 25221 4.0%
Limestone County 18113 16.7%
Lawrence County 861 12.5%
Morgan County 440 0.0%
Baldwin County 430 0.0%
Winston County 210 0.0%
Madison County 220 0.0%
Marion County 211 50.0%

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: 221 applications in 2025, of which 173 were originated and 15 denied.

6.8% of all applications, or 7.9% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are First Metro 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