Hope Federal Credit Union in Alabama vs the state
33.7%Denial rate+13.88 pts vs state
33.9%Decision denial rate+8.94 pts vs state
65.7%Origination rate+10.27 pts vs state
7.00%Median rate+0.50 pts vs state
0.64Rate spread (pts)+0.35 pts vs state
$61kMedian applicant income
109Loans originated
56Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 35 | 10 | 71.4% | 6.50% | #322 |
| 2024 | 69 | 30 | 55.1% | 6.81% | #258 |
| 2025 | 166 | 109 | 33.7% | 7.00% | #169 |
What Hope Federal Credit Union lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Hope Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mobile County | 44 | 34 | 10 | 22.7% |
| Jefferson County | 42 | 26 | 16 | 38.1% |
| Montgomery County | 26 | 16 | 9 | 34.6% |
| Madison County | 22 | 16 | 6 | 27.3% |
| Morgan County | 10 | 5 | 5 | 50.0% |
| Baldwin County | 5 | 3 | 2 | 40.0% |
| Limestone County | 4 | 4 | 0 | 0.0% |
| Shelby County | 3 | 3 | 0 | 0.0% |
| Escambia County | 2 | 0 | 2 | 100.0% |
| Elmore 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: 166 applications in 2025, of which 109 were originated and 56 denied.
33.7% of all applications, or 33.9% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Hope Federal Credit Union originated in Alabama in 2025 was 7.00%, against a statewide median of 6.50%.
About this data. Figures are Hope 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