Guaranteed Rate · Alabama · 2025

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

Guaranteed Rate took 815 mortgage applications in Alabama in 2025, ranking #54 of 990 lenders active in the state. It originated 45.0% of them and denied 9.8% (17.3% of the applications it decided), against a statewide denial rate of 19.9%.

815Applicationsin AL
17.3%Decision denial ratestate 25.0%
6.58%Median ratestate 6.50%
$195,000Median loanstate $165,000
$85MVolume53 counties

Guaranteed Rate in Alabama vs the state

9.8%Denial rate-10.03 pts vs state
17.3%Decision denial rate-7.68 pts vs state
45.0%Origination rate-10.36 pts vs state
6.58%Median rate+0.08 pts vs state
0.42Rate spread (pts)+0.13 pts vs state
$87kMedian applicant income
367Loans originated
80Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,1506595.0%6.50%#37
20246163268.9%6.58%#66
20258153679.8%6.58%#54

What Guaranteed Rate lends in Alabama

By loan purpose

Home purchase 508 62% · 6.9% denied
Refinance 89 11% · 4.5% denied
Cash-out refinance 173 21% · 16.2% denied
Home improvement 17 2% · 35.3% denied
Other / HELOC 28 3% · 25.0% denied

By loan type

Conventional 469 58% · 8.1% denied
FHA 210 26% · 16.7% denied
VA 130 16% · 5.4% denied
USDA / RHS 6 1% · 0.0% denied

Why it denied Alabama applicants

Credit history 27 34%
Debt-to-income ratio 24 30%
Other 9 11%
Collateral 8 10%
Incomplete application 5 6%
Unverifiable information 5 6%
Insufficient cash 2 3%

Where in Alabama

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1948219 9.8%
Shelby County 71327 9.9%
Madison County 68318 11.8%
Baldwin County 62323 4.8%
St. Clair County 37201 2.7%
Lee County 32133 9.4%
Mobile County 28114 14.3%
Blount County 25121 4.0%
Montgomery County 2273 13.6%
Houston County 22113 13.6%

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: 815 applications in 2025, of which 367 were originated and 80 denied.

9.8% of all applications, or 17.3% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Guaranteed Rate originated in Alabama in 2025 was 6.58%, against a statewide median of 6.50%.

About this data. Figures are Guaranteed Rate'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