First Savings Bank · Alabama · 2025

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

First Savings Bank took 15 mortgage applications in Alabama in 2025, ranking #422 of 990 lenders active in the state. It originated 33.3% of them and denied 53.3% (61.5% of the applications it decided), against a statewide denial rate of 19.9%.

15Applicationsin AL
61.5%Decision denial ratestate 25.0%
7.63%Median ratestate 6.50%
$275,000Median loanstate $165,000
$1.6MVolume8 counties

First Savings Bank in Alabama vs the state

53.3%Denial rate+33.48 pts vs state
61.5%Decision denial rate+36.54 pts vs state
33.3%Origination rate-22.06 pts vs state
7.63%Median rate+1.13 pts vs state
0.34Rate spread (pts)+0.05 pts vs state
$88kMedian applicant income
5Loans originated
8Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202342224.8%7.13%#298
2024171111.8%7.63%#402
202515553.3%7.63%#422

What First Savings Bank lends in Alabama

By loan purpose

Refinance 5 33% · 60.0% denied
Cash-out refinance 10 67% · 50.0% denied

By loan type

Conventional 15 100% · 53.3% denied

Why it denied Alabama applicants

Credit history 5 63%
Debt-to-income ratio 2 25%
Employment history 1 13%

Where in Alabama

Counties with the most First Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Madison County 523 60.0%
Morgan County 312 66.7%
Mobile County 211 50.0%
Shelby County 100 0.0%
DeKalb County 110 0.0%
Tuscaloosa County 101 100.0%
Tallapoosa County 100 0.0%
Jefferson County 101 100.0%

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: 15 applications in 2025, of which 5 were originated and 8 denied.

53.3% of all applications, or 61.5% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans First Savings Bank originated in Alabama in 2025 was 7.63%, against a statewide median of 6.50%.

About this data. Figures are First Savings 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