Neighborhood Loans in Alabama vs the state
61.9%Denial rate+42.05 pts vs state
91.8%Decision denial rate+66.76 pts vs state
3.2%Origination rate-52.22 pts vs state
8.50%Median rate+2.00 pts vs state
-2.04Rate spread (pts)-2.32 pts vs state
$99kMedian applicant income
4Loans originated
78Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 92 | 67 | 18.5% | 6.88% | #212 |
| 2024 | 173 | 144 | 12.7% | 5.50% | #152 |
| 2025 | 126 | 4 | 61.9% | 8.50% | #201 |
What Neighborhood Loans lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Neighborhood Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Madison County | 43 | 3 | 25 | 58.1% |
| Jefferson County | 32 | 0 | 22 | 68.8% |
| Limestone County | 17 | 0 | 7 | 41.2% |
| Morgan County | 10 | 1 | 6 | 60.0% |
| Marshall County | 5 | 0 | 3 | 60.0% |
| Tuscaloosa County | 3 | 0 | 2 | 66.7% |
| Montgomery County | 3 | 0 | 3 | 100.0% |
| Baldwin County | 2 | 0 | 0 | 0.0% |
| Jackson County | 2 | 0 | 2 | 100.0% |
| Walker County | 2 | 0 | 2 | 100.0% |
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: 126 applications in 2025, of which 4 were originated and 78 denied.
61.9% of all applications, or 91.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Neighborhood Loans originated in Alabama in 2025 was 8.50%, against a statewide median of 6.50%.
About this data. Figures are Neighborhood 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