First South Farm Credit, ACA · Alabama · 2025

First South Farm Credit, ACA in Alabama: approval rate, denial rate and rates (2025)

First South Farm Credit, ACA took 104 mortgage applications in Alabama in 2025, ranking #226 of 990 lenders active in the state. It originated 76.0% of them and denied 9.6% (11.2% of the applications it decided), against a statewide denial rate of 19.9%.

104Applicationsin AL
11.2%Decision denial ratestate 25.0%
7.63%Median ratestate 6.50%
$225,000Median loanstate $165,000
$28MVolume44 counties

First South Farm Credit, ACA in Alabama vs the state

9.6%Denial rate-10.23 pts vs state
11.2%Decision denial rate-13.76 pts vs state
76.0%Origination rate+20.57 pts vs state
7.63%Median rate+1.13 pts vs state
1.40Rate spread (pts)+1.11 pts vs state
$193kMedian applicant income
79Loans originated
10Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023674413.4%8.42%#251
2024826114.6%8.01%#238
2025104799.6%7.63%#226

What First South Farm Credit, ACA lends in Alabama

By loan purpose

Home purchase 45 43% · 13.3% denied
Refinance 49 47% · 6.1% denied
Cash-out refinance 3 3% · 0.0% denied
Home improvement 7 7% · 14.3% denied

By loan type

Conventional 104 100% · 9.6% denied

Why it denied Alabama applicants

Credit history 4 40%
Other 3 30%
Debt-to-income ratio 3 30%

Where in Alabama

Counties with the most First South Farm Credit, ACA applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dale County 980 0.0%
Lee County 870 0.0%
Houston County 550 0.0%
Lawrence County 531 20.0%
Tuscaloosa County 530 0.0%
Cullman County 421 25.0%
Coffee County 422 50.0%
Tallapoosa County 421 25.0%
Covington County 321 33.3%
Autauga County 330 0.0%

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: 104 applications in 2025, of which 79 were originated and 10 denied.

9.6% of all applications, or 11.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans First South Farm Credit, ACA originated in Alabama in 2025 was 7.63%, against a statewide median of 6.50%.

About this data. Figures are First South Farm Credit, ACA'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