GoodLeap · Alabama · 2025

GoodLeap in Alabama: approval rate, denial rate and rates (2025)

GoodLeap took 570 mortgage applications in Alabama in 2025, ranking #77 of 990 lenders active in the state. It originated 47.5% of them and denied 22.5% (25.8% of the applications it decided), against a statewide denial rate of 19.9%.

570Applicationsin AL
25.8%Decision denial ratestate 25.0%
6.99%Median ratestate 6.50%
$95,000Median loanstate $165,000
$34MVolume47 counties

GoodLeap in Alabama vs the state

22.5%Denial rate+2.61 pts vs state
25.8%Decision denial rate+0.75 pts vs state
47.5%Origination rate-7.85 pts vs state
6.99%Median rate+0.49 pts vs state
0.23Rate spread (pts)-0.05 pts vs state
$70kMedian applicant income
271Loans originated
128Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231535722.9%5.99%#154
202436815425.0%5.99%#96
202557027122.5%6.99%#77

What GoodLeap lends in Alabama

By loan purpose

Home purchase 2 0% · 0.0% denied
Refinance 24 4% · 25.0% denied
Cash-out refinance 544 95% · 22.4% denied

By loan type

Conventional 354 62% · 20.1% denied
FHA 150 26% · 32.0% denied
VA 66 12% · 13.6% denied

Why it denied Alabama applicants

Collateral 34 27%
Debt-to-income ratio 30 23%
Incomplete application 23 18%
Credit history 17 13%
Other 11 9%
Insufficient cash 8 6%
Unverifiable information 5 4%

Where in Alabama

Counties with the most GoodLeap applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 984323 23.5%
Madison County 754014 18.7%
Mobile County 522114 26.9%
Montgomery County 35176 17.1%
Morgan County 25134 16.0%
Limestone County 20112 10.0%
Lee County 1975 26.3%
Shelby County 19132 10.5%
Houston County 1757 41.2%
Baldwin County 16112 12.5%

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: 570 applications in 2025, of which 271 were originated and 128 denied.

22.5% of all applications, or 25.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans GoodLeap originated in Alabama in 2025 was 6.99%, against a statewide median of 6.50%.

About this data. Figures are GoodLeap'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