Mortgage Research Center in Alabama vs the state
18.4%Denial rate-1.46 pts vs state
27.3%Decision denial rate+2.29 pts vs state
48.4%Origination rate-7.01 pts vs state
6.25%Median rate-0.25 pts vs state
-0.20Rate spread (pts)-0.48 pts vs state
$90kMedian applicant income
2,471Loans originated
939Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,553 | 1,779 | 14.8% | 6.75% | #10 |
| 2024 | 4,110 | 2,147 | 15.0% | 6.63% | #7 |
| 2025 | 5,107 | 2,471 | 18.4% | 6.25% | #6 |
What Mortgage Research Center lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Madison County | 483 | 225 | 86 | 17.8% |
| Jefferson County | 404 | 159 | 87 | 21.5% |
| Mobile County | 352 | 167 | 72 | 20.5% |
| Coffee County | 302 | 185 | 23 | 7.6% |
| Baldwin County | 285 | 122 | 51 | 17.9% |
| Houston County | 250 | 138 | 40 | 16.0% |
| Montgomery County | 223 | 106 | 43 | 19.3% |
| Lee County | 214 | 102 | 31 | 14.5% |
| Russell County | 212 | 120 | 31 | 14.6% |
| Dale County | 151 | 82 | 19 | 12.6% |
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% |
| 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% |
| Trustmark National Bank | C | 3,443 | 10.3% | 6.50% |
Frequently asked questions
Alabama: 5,107 applications in 2025, of which 2,471 were originated and 939 denied.
18.4% of all applications, or 27.3% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Mortgage Research Center originated in Alabama in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Mortgage Research Center'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