Lendlo Mortgage · Alabama · 2025

Lendlo Mortgage in Alabama: approval rate, denial rate and rates (2025)

Lendlo Mortgage took 229 mortgage applications in Alabama in 2025, ranking #142 of 990 lenders active in the state. It originated 68.6% of them and denied 2.6% (3.7% of the applications it decided), against a statewide denial rate of 19.9%.

229Applicationsin AL
3.7%Decision denial ratestate 25.0%
5.75%Median ratestate 6.50%
$225,000Median loanstate $165,000
$32MVolume10 counties

Lendlo Mortgage in Alabama vs the state

2.6%Denial rate-17.23 pts vs state
3.7%Decision denial rate-21.32 pts vs state
68.6%Origination rate+13.17 pts vs state
5.75%Median rate-0.75 pts vs state
-0.12Rate spread (pts)-0.40 pts vs state
$70kMedian applicant income
157Loans originated
6Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20245123625.7%5.75%#73
20252291572.6%5.75%#142

What Lendlo Mortgage lends in Alabama

By loan purpose

Home purchase 229 100% · 2.6% denied

By loan type

Conventional 48 21% · 0.0% denied
FHA 130 57% · 3.1% denied
VA 14 6% · 0.0% denied
USDA / RHS 37 16% · 5.4% denied

Why it denied Alabama applicants

Credit history 3 50%
Debt-to-income ratio 3 50%

Where in Alabama

Counties with the most Lendlo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Clair County 68540 0.0%
Talladega County 48302 4.2%
Madison County 29180 0.0%
Tuscaloosa County 27182 7.4%
Morgan County 1351 7.7%
Shelby County 1281 8.3%
Calhoun County 1080 0.0%
Jefferson County 970 0.0%
Cullman County 860 0.0%
Elmore County 530 0.0%

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: 229 applications in 2025, of which 157 were originated and 6 denied.

2.6% of all applications, or 3.7% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Lendlo Mortgage originated in Alabama in 2025 was 5.75%, against a statewide median of 6.50%.

About this data. Figures are Lendlo 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