Longbridge Financial · Alabama · 2025

Longbridge Financial in Alabama: approval rate, denial rate and rates (2025)

Longbridge Financial took 72 mortgage applications in Alabama in 2025, ranking #264 of 990 lenders active in the state. It originated 44.4% of them and denied 13.9% (20.4% of the applications it decided), against a statewide denial rate of 19.9%.

72Applicationsin AL
20.4%Decision denial ratestate 25.0%
6.13%Median ratestate 6.50%
$95,000Median loanstate $165,000
$4.5MVolume34 counties

Longbridge Financial in Alabama vs the state

13.9%Denial rate-5.96 pts vs state
20.4%Decision denial rate-4.59 pts vs state
44.4%Origination rate-10.95 pts vs state
6.13%Median rate-0.38 pts vs state
Rate spread (pts)
$30kMedian applicant income
32Loans originated
10Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023422114.3%7.58%#296
2024592913.6%7.17%#271
2025723213.9%6.13%#264

What Longbridge Financial lends in Alabama

By loan purpose

Home purchase 2 3% · 0.0% denied
Refinance 38 53% · 13.2% denied
Home improvement 4 6% · 25.0% denied
Other / HELOC 28 39% · 14.3% denied

By loan type

Conventional 6 8% · 50.0% denied
FHA 66 92% · 10.6% denied

Why it denied Alabama applicants

Collateral 5 50%
Insufficient cash 2 20%
Other 2 20%
Debt-to-income ratio 1 10%

Where in Alabama

Counties with the most Longbridge Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baldwin County 752 28.6%
Madison County 741 14.3%
DeKalb County 511 20.0%
Jefferson County 541 20.0%
Houston County 511 20.0%
Tuscaloosa County 411 25.0%
Mobile County 320 0.0%
Walker County 320 0.0%
Morgan County 210 0.0%
Chambers County 201 50.0%

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: 72 applications in 2025, of which 32 were originated and 10 denied.

13.9% of all applications, or 20.4% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Longbridge Financial originated in Alabama in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Longbridge Financial'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