Mission Loans in Alabama vs the state
2.5%Denial rate-17.31 pts vs state
10.3%Decision denial rate-14.66 pts vs state
20.3%Origination rate-35.05 pts vs state
7.25%Median rate+0.75 pts vs state
1.19Rate spread (pts)+0.90 pts vs state
$83kMedian applicant income
24Loans originated
3Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 29 | 10 | 0.0% | 7.12% | #341 |
| 2024 | 66 | 20 | 6.1% | 9.31% | #262 |
| 2025 | 118 | 24 | 2.5% | 7.25% | #206 |
What Mission Loans lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Mission Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 16 | 1 | 1 | 6.3% |
| Baldwin County | 13 | 4 | 0 | 0.0% |
| Madison County | 7 | 3 | 0 | 0.0% |
| Mobile County | 7 | 1 | 0 | 0.0% |
| Shelby County | 6 | 1 | 0 | 0.0% |
| Lauderdale County | 6 | 2 | 0 | 0.0% |
| Tuscaloosa County | 5 | 0 | 0 | 0.0% |
| Limestone County | 5 | 0 | 0 | 0.0% |
| Marshall County | 4 | 0 | 0 | 0.0% |
| Calhoun County | 4 | 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: 118 applications in 2025, of which 24 were originated and 3 denied.
2.5% of all applications, or 10.3% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Mission Loans originated in Alabama in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are Mission 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