First Southern Bank · Alabama · 2025

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

First Southern Bank took 88 mortgage applications in Alabama in 2025, ranking #243 of 990 lenders active in the state. It originated 79.6% of them and denied 6.8% (7.9% of the applications it decided), against a statewide denial rate of 19.9%.

88Applicationsin AL
7.9%Decision denial ratestate 25.0%
Median ratestate 6.50%
$175,000Median loanstate $165,000
$14MVolume10 counties

First Southern Bank in Alabama vs the state

6.8%Denial rate-13.03 pts vs state
7.9%Decision denial rate-17.11 pts vs state
79.6%Origination rate+24.16 pts vs state
Median rate
Rate spread (pts)
$117kMedian applicant income
70Loans originated
6Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202383686.0%#229
2024815814.8%#239
202588706.8%#243

What First Southern Bank lends in Alabama

By loan purpose

Home purchase 38 43% · 10.5% denied
Refinance 34 39% · 0.0% denied
Cash-out refinance 11 13% · 18.2% denied
Home improvement 5 6% · 0.0% denied

By loan type

Conventional 86 98% · 5.8% denied
FHA 1 1% · 100.0% denied
USDA / RHS 1 1% · 0.0% denied

Where in Alabama

Counties with the most First Southern Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lauderdale County 57473 5.3%
Colbert County 19142 10.5%
Morgan County 210 0.0%
DeKalb County 211 50.0%
Lawrence County 220 0.0%
Marshall County 210 0.0%
Etowah County 110 0.0%
Tuscaloosa County 110 0.0%
Baldwin County 110 0.0%
Cullman County 110 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: 88 applications in 2025, of which 70 were originated and 6 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 Southern 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