Milend in Alabama vs the state
14.8%Denial rate-5.04 pts vs state
38.2%Decision denial rate+13.24 pts vs state
22.1%Origination rate-33.29 pts vs state
6.50%Median rate0.00 pts vs state
0.41Rate spread (pts)+0.12 pts vs state
$76kMedian applicant income
97Loans originated
65Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 433 | 120 | 8.3% | 6.75% | #78 |
| 2024 | 389 | 99 | 13.1% | 6.50% | #90 |
| 2025 | 439 | 97 | 14.8% | 6.50% | #94 |
What Milend lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Milend applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 48 | 7 | 7 | 14.6% |
| Madison County | 33 | 4 | 4 | 12.1% |
| Mobile County | 31 | 4 | 3 | 9.7% |
| Baldwin County | 20 | 5 | 2 | 10.0% |
| Tuscaloosa County | 18 | 6 | 2 | 11.1% |
| Morgan County | 18 | 8 | 3 | 16.7% |
| Shelby County | 17 | 4 | 3 | 17.6% |
| Montgomery County | 16 | 1 | 2 | 12.5% |
| Lee County | 16 | 5 | 3 | 18.8% |
| St. Clair County | 14 | 2 | 2 | 14.3% |
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: 439 applications in 2025, of which 97 were originated and 65 denied.
14.8% of all applications, or 38.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Milend originated in Alabama in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Milend'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