Mortgage Right · Alabama · 2025

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

Mortgage Right took 395 mortgage applications in Alabama in 2025, ranking #99 of 990 lenders active in the state. It originated 78.2% of them and denied 3.3% (4.0% of the applications it decided), against a statewide denial rate of 19.9%.

395Applicationsin AL
4.0%Decision denial ratestate 25.0%
6.50%Median ratestate 6.50%
$255,000Median loanstate $165,000
$90MVolume32 counties

Mortgage Right in Alabama vs the state

3.3%Denial rate-16.56 pts vs state
4.0%Decision denial rate-20.96 pts vs state
78.2%Origination rate+22.84 pts vs state
6.50%Median rate0.00 pts vs state
0.38Rate spread (pts)+0.10 pts vs state
$96kMedian applicant income
309Loans originated
13Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235263463.4%6.75%#67
20243812963.2%6.63%#94
20253953093.3%6.50%#99

What Mortgage Right lends in Alabama

By loan purpose

Home purchase 330 84% · 2.7% denied
Refinance 29 7% · 0.0% denied
Cash-out refinance 36 9% · 11.1% denied

By loan type

Conventional 194 49% · 2.6% denied
FHA 142 36% · 4.2% denied
VA 43 11% · 0.0% denied
USDA / RHS 16 4% · 12.5% denied

Why it denied Alabama applicants

Other 7 54%
Debt-to-income ratio 2 15%
Collateral 2 15%
Employment history 1 8%
Credit history 1 8%

Where in Alabama

Counties with the most Mortgage Right applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 103782 1.9%
Shelby County 81653 3.7%
Marshall County 59521 1.7%
St. Clair County 20110 0.0%
Baldwin County 19122 10.5%
Mobile County 19123 15.8%
Etowah County 17150 0.0%
DeKalb County 1091 10.0%
Lee County 990 0.0%
Blount County 880 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: 395 applications in 2025, of which 309 were originated and 13 denied.

3.3% of all applications, or 4.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

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

About this data. Figures are Mortgage Right'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