Loandepot.Com in Alabama vs the state
29.9%Denial rate+10.08 pts vs state
36.7%Decision denial rate+11.67 pts vs state
49.9%Origination rate-5.46 pts vs state
6.75%Median rate+0.25 pts vs state
0.74Rate spread (pts)+0.45 pts vs state
$68kMedian applicant income
1,346Loans originated
807Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,446 | 747 | 33.1% | 6.50% | #29 |
| 2024 | 1,984 | 885 | 33.5% | 6.63% | #25 |
| 2025 | 2,696 | 1,346 | 29.9% | 6.75% | #17 |
What Loandepot.Com lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Loandepot.Com applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 348 | 154 | 117 | 33.6% |
| Madison County | 343 | 211 | 71 | 20.7% |
| Mobile County | 190 | 80 | 68 | 35.8% |
| Baldwin County | 168 | 89 | 36 | 21.4% |
| Shelby County | 160 | 70 | 57 | 35.6% |
| Limestone County | 134 | 93 | 21 | 15.7% |
| Montgomery County | 87 | 40 | 30 | 34.5% |
| St. Clair County | 74 | 47 | 15 | 20.3% |
| Lee County | 65 | 39 | 18 | 27.7% |
| Morgan County | 64 | 32 | 16 | 25.0% |
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: 2,696 applications in 2025, of which 1,346 were originated and 807 denied.
29.9% of all applications, or 36.7% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Loandepot.Com originated in Alabama in 2025 was 6.75%, against a statewide median of 6.50%.
About this data. Figures are Loandepot.Com'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