Lendage in Alabama vs the state
12.5%Denial rate-7.39 pts vs state
13.6%Decision denial rate-11.41 pts vs state
70.6%Origination rate+15.22 pts vs state
11.00%Median rate+4.50 pts vs state
4.97Rate spread (pts)+4.68 pts vs state
$104kMedian applicant income
221Loans originated
39Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 177 | 126 | 11.9% | 13.75% | #141 |
| 2024 | 258 | 190 | 12.8% | 13.25% | #117 |
| 2025 | 313 | 221 | 12.5% | 11.00% | #120 |
What Lendage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Lendage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 53 | 34 | 8 | 15.1% |
| Madison County | 29 | 18 | 4 | 13.8% |
| Mobile County | 27 | 20 | 4 | 14.8% |
| Baldwin County | 26 | 16 | 4 | 15.4% |
| Shelby County | 17 | 15 | 0 | 0.0% |
| Elmore County | 13 | 8 | 5 | 38.5% |
| Tuscaloosa County | 12 | 5 | 3 | 25.0% |
| St. Clair County | 11 | 9 | 1 | 9.1% |
| Montgomery County | 11 | 9 | 1 | 9.1% |
| Limestone County | 11 | 8 | 2 | 18.2% |
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: 313 applications in 2025, of which 221 were originated and 39 denied.
12.5% of all applications, or 13.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Lendage originated in Alabama in 2025 was 11.00%, against a statewide median of 6.50%.
About this data. Figures are Lendage'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