Hometown Equity Mortgage in Alabama vs the state
44.3%Denial rate+24.49 pts vs state
46.1%Decision denial rate+21.08 pts vs state
50.9%Origination rate-4.45 pts vs state
7.38%Median rate+0.88 pts vs state
0.66Rate spread (pts)+0.38 pts vs state
$100kMedian applicant income
54Loans originated
47Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 43 | 13 | 44.2% | 8.88% | #293 |
| 2024 | 41 | 22 | 43.9% | 7.63% | #320 |
| 2025 | 106 | 54 | 44.3% | 7.38% | #224 |
What Hometown Equity Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Hometown Equity Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 30 | 10 | 19 | 63.3% |
| Mobile County | 17 | 9 | 7 | 41.2% |
| Montgomery County | 11 | 7 | 3 | 27.3% |
| Baldwin County | 10 | 6 | 3 | 30.0% |
| Madison County | 5 | 4 | 1 | 20.0% |
| Tuscaloosa County | 3 | 0 | 3 | 100.0% |
| Dale County | 3 | 1 | 2 | 66.7% |
| Russell County | 3 | 3 | 0 | 0.0% |
| Walker County | 3 | 1 | 2 | 66.7% |
| Talladega County | 2 | 0 | 2 | 100.0% |
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% |
| Freedom Mortgage | B | 3,725 | 8.7% | 6.25% |
| Pennymac Loan Services | C | 3,611 | 11.6% | 6.25% |
Frequently asked questions
Alabama: 106 applications in 2025, of which 54 were originated and 47 denied.
44.3% of all applications, or 46.1% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Hometown Equity Mortgage originated in Alabama in 2025 was 7.38%, against a statewide median of 6.50%.
About this data. Figures are Hometown Equity 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