Member First Mortgage in Alabama vs the state
41.7%Denial rate+21.82 pts vs state
62.5%Decision denial rate+37.50 pts vs state
20.8%Origination rate-34.56 pts vs state
6.13%Median rate-0.38 pts vs state
0.33Rate spread (pts)+0.04 pts vs state
$76kMedian applicant income
5Loans originated
10Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 23 | 3 | 47.8% | 6.75% | #360 |
| 2024 | 19 | 7 | 26.3% | 6.50% | #383 |
| 2025 | 24 | 5 | 41.7% | 6.13% | #378 |
What Member First Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Member First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lee County | 6 | 2 | 2 | 33.3% |
| Russell County | 4 | 0 | 3 | 75.0% |
| Cherokee County | 3 | 0 | 1 | 33.3% |
| Mobile County | 1 | 0 | 1 | 100.0% |
| DeKalb County | 1 | 1 | 0 | 0.0% |
| Jackson County | 1 | 0 | 0 | 0.0% |
| Morgan County | 1 | 0 | 0 | 0.0% |
| Chambers County | 1 | 0 | 0 | 0.0% |
| Marshall County | 1 | 0 | 0 | 0.0% |
| Clarke County | 1 | 1 | 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: 24 applications in 2025, of which 5 were originated and 10 denied.
41.7% of all applications, or 62.5% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Member First Mortgage originated in Alabama in 2025 was 6.13%, against a statewide median of 6.50%.
About this data. Figures are Member First 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