Metro Bank · Alabama · 2025

Metro Bank in Alabama: approval rate, denial rate and rates (2025)

Metro Bank took 268 mortgage applications in Alabama in 2025, ranking #132 of 990 lenders active in the state. It originated 86.9% of them and denied 4.1% (4.2% of the applications it decided), against a statewide denial rate of 19.9%.

268Applicationsin AL
4.2%Decision denial ratestate 25.0%
Median ratestate 6.50%
$90,000Median loanstate $165,000
$34MVolume15 counties

Metro Bank in Alabama vs the state

4.1%Denial rate-15.75 pts vs state
4.2%Decision denial rate-20.85 pts vs state
86.9%Origination rate+31.55 pts vs state
Median rate
Rate spread (pts)
$94kMedian applicant income
233Loans originated
11Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232802337.5%#109
20242322026.9%#128
20252682334.1%#132

What Metro Bank lends in Alabama

By loan purpose

Home purchase 114 43% · 2.6% denied
Refinance 116 43% · 4.3% denied
Home improvement 25 9% · 4.0% denied
Other / HELOC 13 5% · 15.4% denied

By loan type

Conventional 268 100% · 4.1% denied

Why it denied Alabama applicants

Credit history 7 64%
Collateral 2 18%
Debt-to-income ratio 1 9%
Other 1 9%

Where in Alabama

Counties with the most Metro Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Clair County 1161055 4.3%
Etowah County 47382 4.3%
Calhoun County 31271 3.2%
Talladega County 26182 7.7%
Jefferson County 12111 8.3%
Cleburne County 1090 0.0%
Baldwin County 770 0.0%
Shelby County 550 0.0%
Blount County 330 0.0%
Cherokee County 320 0.0%

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: 268 applications in 2025, of which 233 were originated and 11 denied.

4.1% of all applications, or 4.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Metro Bank'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