Luminate Home Loans in Alabama vs the state
0.0%Denial rate-19.85 pts vs state
0.0%Decision denial rate-25.00 pts vs state
33.3%Origination rate-22.06 pts vs state
7.88%Median rate+1.38 pts vs state
-2.25Rate spread (pts)-2.54 pts vs state
$124kMedian applicant income
2Loans originated
0Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 83 | 57 | 4.8% | 7.13% | #228 |
| 2024 | 105 | 67 | 1.9% | 7.13% | #211 |
| 2025 | 6 | 2 | 0.0% | 7.88% | #542 |
What Luminate Home Loans lends in Alabama
By loan purpose
By loan type
Where in Alabama
Counties with the most Luminate Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Baldwin County | 3 | 0 | 0 | 0.0% |
| Jefferson County | 2 | 2 | 0 | 0.0% |
| Colbert County | 1 | 0 | 0 | 0.0% |
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: 6 applications in 2025, of which 2 were originated and 0 denied.
0.0% of all applications, or 0.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Luminate Home Loans originated in Alabama in 2025 was 7.88%, against a statewide median of 6.50%.
About this data. Figures are Luminate Home Loans'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