HONDA Federal Credit Union in Alabama vs the state
36.4%Denial rate+16.51 pts vs state
46.7%Decision denial rate+21.67 pts vs state
41.6%Origination rate-13.83 pts vs state
7.44%Median rate+0.94 pts vs state
3.72Rate spread (pts)+3.43 pts vs state
$90kMedian applicant income
32Loans originated
28Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 88 | 65 | 17.1% | 7.75% | #218 |
| 2024 | 87 | 52 | 23.0% | 8.00% | #234 |
| 2025 | 77 | 32 | 36.4% | 7.44% | #257 |
What HONDA Federal Credit Union lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most HONDA Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Talladega County | 23 | 6 | 12 | 52.2% |
| Etowah County | 14 | 7 | 4 | 28.6% |
| Calhoun County | 14 | 7 | 4 | 28.6% |
| St. Clair County | 12 | 4 | 4 | 33.3% |
| Jefferson County | 5 | 2 | 3 | 60.0% |
| Shelby County | 4 | 3 | 0 | 0.0% |
| Marshall County | 2 | 1 | 1 | 50.0% |
| Clay County | 1 | 0 | 0 | 0.0% |
| Colbert County | 1 | 1 | 0 | 0.0% |
| Mobile County | 1 | 1 | 0 | 0.0% |
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: 77 applications in 2025, of which 32 were originated and 28 denied.
36.4% of all applications, or 46.7% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans HONDA Federal Credit Union originated in Alabama in 2025 was 7.44%, against a statewide median of 6.50%.
About this data. Figures are HONDA Federal Credit Union'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