JPMorgan Chase Bank · Alabama · 2025

JPMorgan Chase Bank in Alabama: approval rate, denial rate and rates (2025)

JPMorgan Chase Bank took 774 mortgage applications in Alabama in 2025, ranking #60 of 990 lenders active in the state. It originated 60.1% of them and denied 11.2% (15.5% of the applications it decided), against a statewide denial rate of 19.9%.

774Applicationsin AL
15.5%Decision denial ratestate 25.0%
6.49%Median ratestate 6.50%
$205,000Median loanstate $165,000
$131MVolume56 counties

JPMorgan Chase Bank in Alabama vs the state

11.2%Denial rate-8.61 pts vs state
15.5%Decision denial rate-9.55 pts vs state
60.1%Origination rate+4.69 pts vs state
6.49%Median rate-0.01 pts vs state
0.06Rate spread (pts)-0.22 pts vs state
$103kMedian applicant income
465Loans originated
87Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202343126110.2%6.88%#80
20246234108.5%6.50%#65
202577446511.2%6.49%#60

What JPMorgan Chase Bank lends in Alabama

By loan purpose

Home purchase 498 64% · 8.0% denied
Refinance 65 8% · 7.7% denied
Cash-out refinance 119 15% · 21.0% denied
Home improvement 38 5% · 26.3% denied
Other / HELOC 54 7% · 13.0% denied

By loan type

Conventional 714 92% · 10.6% denied
FHA 35 5% · 31.4% denied
VA 25 3% · 0.0% denied

Why it denied Alabama applicants

Debt-to-income ratio 29 33%
Collateral 26 30%
Credit history 11 13%
Other 10 11%
Unverifiable information 6 7%
Insufficient cash 2 2%
Employment history 2 2%
Mortgage insurance denied 1 1%

Where in Alabama

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 16910522 13.0%
Madison County 1046110 9.6%
Shelby County 54305 9.3%
Mobile County 52364 7.7%
Baldwin County 482412 25.0%
Tuscaloosa County 45294 8.9%
Montgomery County 37201 2.7%
Lee County 30212 6.7%
Limestone County 2092 10.0%
Morgan County 19161 5.3%

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: 774 applications in 2025, of which 465 were originated and 87 denied.

11.2% of all applications, or 15.5% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans JPMorgan Chase Bank originated in Alabama in 2025 was 6.49%, against a statewide median of 6.50%.

About this data. Figures are JPMorgan Chase Bank'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