Flagstar Bank in Alabama vs the state
31.2%Denial rate+11.33 pts vs state
35.8%Decision denial rate+10.81 pts vs state
54.7%Origination rate-0.68 pts vs state
6.50%Median rate0.00 pts vs state
0.21Rate spread (pts)-0.07 pts vs state
$95kMedian applicant income
93Loans originated
53Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 650 | 381 | 23.9% | 6.67% | #60 |
| 2024 | 689 | 469 | 19.9% | 6.49% | #60 |
| 2025 | 170 | 93 | 31.2% | 6.50% | #168 |
What Flagstar Bank lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mobile County | 23 | 17 | 5 | 21.7% |
| Jefferson County | 12 | 7 | 2 | 16.7% |
| Baldwin County | 11 | 4 | 4 | 36.4% |
| Madison County | 10 | 4 | 4 | 40.0% |
| Shelby County | 10 | 8 | 1 | 10.0% |
| Montgomery County | 8 | 2 | 2 | 25.0% |
| Lee County | 7 | 4 | 3 | 42.9% |
| Cullman County | 7 | 6 | 1 | 14.3% |
| Lauderdale County | 7 | 4 | 1 | 14.3% |
| Elmore County | 7 | 2 | 4 | 57.1% |
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: 170 applications in 2025, of which 93 were originated and 53 denied.
31.2% of all applications, or 35.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Flagstar Bank originated in Alabama in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Flagstar 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