Lennar Mortgage · Alabama · 2025

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

Lennar Mortgage took 1,229 mortgage applications in Alabama in 2025, ranking #42 of 990 lenders active in the state. It originated 75.5% of them and denied 13.1% (14.7% of the applications it decided), against a statewide denial rate of 19.9%.

1.2kApplicationsin AL
14.7%Decision denial ratestate 25.0%
4.75%Median ratestate 6.50%
$275,000Median loanstate $165,000
$254MVolume14 counties

Lennar Mortgage in Alabama vs the state

13.1%Denial rate-6.75 pts vs state
14.7%Decision denial rate-10.32 pts vs state
75.5%Origination rate+20.12 pts vs state
4.75%Median rate-1.75 pts vs state
-1.53Rate spread (pts)-1.81 pts vs state
$83kMedian applicant income
928Loans originated
161Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238506526.2%5.13%#47
20241,02975813.4%4.99%#49
20251,22992813.1%4.75%#42

What Lennar Mortgage lends in Alabama

By loan purpose

Home purchase 1,226 100% · 13.1% denied
Cash-out refinance 3 0% · 0.0% denied

By loan type

Conventional 375 31% · 4.8% denied
FHA 544 44% · 18.6% denied
VA 220 18% · 13.2% denied
USDA / RHS 90 7% · 14.4% denied

Why it denied Alabama applicants

Debt-to-income ratio 75 47%
Credit history 64 40%
Unverifiable information 12 7%
Employment history 8 5%
Insufficient cash 2 1%

Where in Alabama

Counties with the most Lennar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Madison County 49437967 13.6%
Limestone County 25119836 14.3%
Baldwin County 23319422 9.4%
Talladega County 71438 11.3%
Tuscaloosa County 39219 23.1%
Morgan County 33235 15.2%
St. Clair County 30165 16.7%
Elmore County 27194 14.8%
Shelby County 17112 11.8%
Calhoun County 15111 6.7%

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: 1,229 applications in 2025, of which 928 were originated and 161 denied.

13.1% of all applications, or 14.7% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Lennar Mortgage originated in Alabama in 2025 was 4.75%, against a statewide median of 6.50%.

About this data. Figures are Lennar 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