Nations Direct Mortgage · Alabama · 2025

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

Nations Direct Mortgage took 73 mortgage applications in Alabama in 2025, ranking #262 of 990 lenders active in the state. It originated 53.4% of them and denied 15.1% (22.0% of the applications it decided), against a statewide denial rate of 19.9%.

73Applicationsin AL
22.0%Decision denial ratestate 25.0%
6.49%Median ratestate 6.50%
$265,000Median loanstate $165,000
$11MVolume13 counties

Nations Direct Mortgage in Alabama vs the state

15.1%Denial rate-4.78 pts vs state
22.0%Decision denial rate-3.00 pts vs state
53.4%Origination rate-1.97 pts vs state
6.49%Median rate-0.01 pts vs state
0.12Rate spread (pts)-0.17 pts vs state
$84kMedian applicant income
39Loans originated
11Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202336178.3%6.99%#317
202476466.6%6.63%#250
2025733915.1%6.49%#262

What Nations Direct Mortgage lends in Alabama

By loan purpose

Home purchase 57 78% · 14.0% denied
Refinance 7 10% · 14.3% denied
Cash-out refinance 9 12% · 22.2% denied

By loan type

Conventional 38 52% · 10.5% denied
FHA 27 37% · 22.2% denied
VA 8 11% · 12.5% denied

Why it denied Alabama applicants

Credit history 4 36%
Debt-to-income ratio 3 27%
Employment history 1 9%
Incomplete application 1 9%
Insufficient cash 1 9%
Other 1 9%

Where in Alabama

Counties with the most Nations Direct Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baldwin County 38223 7.9%
Madison County 1693 18.8%
Mobile County 731 14.3%
Limestone County 302 66.7%
Lee County 100 0.0%
Chambers County 101 100.0%
Walker County 100 0.0%
Jefferson County 110 0.0%
Houston County 110 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: 73 applications in 2025, of which 39 were originated and 11 denied.

15.1% of all applications, or 22.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Nations Direct Mortgage originated in Alabama in 2025 was 6.49%, against a statewide median of 6.50%.

About this data. Figures are Nations Direct Mortgage'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