Mortgage Equity Partners · Alabama · 2025

Mortgage Equity Partners in Alabama: approval rate, denial rate and rates (2025)

Mortgage Equity Partners took 8 mortgage applications in Alabama in 2025, ranking #503 of 990 lenders active in the state. It originated 50.0% of them and denied 12.5% (20.0% of the applications it decided), against a statewide denial rate of 19.9%.

8Applicationsin AL
20.0%Decision denial ratestate 25.0%
6.81%Median ratestate 6.50%
$275,000Median loanstate $165,000
$1.7MVolume4 counties

Mortgage Equity Partners in Alabama vs the state

12.5%Denial rate-7.35 pts vs state
20.0%Decision denial rate-5.00 pts vs state
50.0%Origination rate-5.39 pts vs state
6.81%Median rate+0.31 pts vs state
0.94Rate spread (pts)+0.65 pts vs state
$100kMedian applicant income
4Loans originated
1Denied

What Mortgage Equity Partners lends in Alabama

By loan purpose

Home purchase 6 75% · 16.7% denied
Cash-out refinance 2 25% · 0.0% denied

By loan type

Conventional 5 63% · 0.0% denied
FHA 2 25% · 50.0% denied
VA 1 13% · 0.0% denied

Why it denied Alabama applicants

Employment history 1 100%

Where in Alabama

Counties with the most Mortgage Equity Partners applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Limestone County 321 33.3%
Lee County 200 0.0%
Madison County 210 0.0%
Shelby County 110 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: 8 applications in 2025, of which 4 were originated and 1 denied.

12.5% of all applications, or 20.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Mortgage Equity Partners originated in Alabama in 2025 was 6.81%, against a statewide median of 6.50%.

About this data. Figures are Mortgage Equity Partners'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