Newrez in Alabama vs the state
19.0%Denial rate-0.88 pts vs state
35.1%Decision denial rate+10.07 pts vs state
34.4%Origination rate-21.03 pts vs state
6.49%Median rate-0.01 pts vs state
0.34Rate spread (pts)+0.05 pts vs state
$84kMedian applicant income
938Loans originated
518Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,394 | 460 | 23.0% | 6.63% | #30 |
| 2024 | 2,016 | 760 | 22.0% | 6.63% | #24 |
| 2025 | 2,730 | 938 | 19.0% | 6.49% | #16 |
What Newrez lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 315 | 93 | 67 | 21.3% |
| Madison County | 276 | 84 | 58 | 21.0% |
| Baldwin County | 269 | 113 | 31 | 11.5% |
| Mobile County | 244 | 76 | 54 | 22.1% |
| Shelby County | 145 | 55 | 16 | 11.0% |
| Montgomery County | 110 | 30 | 33 | 30.0% |
| Lee County | 102 | 37 | 15 | 14.7% |
| Tuscaloosa County | 91 | 23 | 24 | 26.4% |
| Limestone County | 89 | 28 | 7 | 7.9% |
| St. Clair County | 73 | 31 | 12 | 16.4% |
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: 2,730 applications in 2025, of which 938 were originated and 518 denied.
19.0% of all applications, or 35.1% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Newrez originated in Alabama in 2025 was 6.49%, against a statewide median of 6.50%.
About this data. Figures are Newrez'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