Freedom Mortgage in Alabama vs the state
8.7%Denial rate-11.13 pts vs state
14.0%Decision denial rate-11.01 pts vs state
44.8%Origination rate-10.58 pts vs state
6.25%Median rate-0.25 pts vs state
0.05Rate spread (pts)-0.24 pts vs state
$87kMedian applicant income
1,669Loans originated
325Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,307 | 588 | 14.8% | 6.75% | #32 |
| 2024 | 2,738 | 1,339 | 8.9% | 6.25% | #14 |
| 2025 | 3,725 | 1,669 | 8.7% | 6.25% | #9 |
What Freedom Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Madison County | 486 | 248 | 37 | 7.6% |
| Jefferson County | 386 | 150 | 42 | 10.9% |
| Baldwin County | 263 | 110 | 18 | 6.8% |
| Mobile County | 262 | 100 | 24 | 9.2% |
| Lee County | 198 | 97 | 9 | 4.5% |
| Shelby County | 185 | 85 | 25 | 13.5% |
| Limestone County | 159 | 99 | 10 | 6.3% |
| Montgomery County | 141 | 57 | 11 | 7.8% |
| Russell County | 135 | 67 | 10 | 7.4% |
| Tuscaloosa County | 121 | 53 | 6 | 5.0% |
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% |
| Pennymac Loan Services | C | 3,611 | 11.6% | 6.25% |
| Trustmark National Bank | C | 3,443 | 10.3% | 6.50% |
Frequently asked questions
Alabama: 3,725 applications in 2025, of which 1,669 were originated and 325 denied.
8.7% of all applications, or 14.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Freedom Mortgage originated in Alabama in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Freedom Mortgage'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