Northwest Federal Credit Union · Alabama · 2025

Northwest Federal Credit Union in Alabama: approval rate, denial rate and rates (2025)

Northwest Federal Credit Union took 11 mortgage applications in Alabama in 2025, ranking #459 of 990 lenders active in the state. It originated 45.5% of them and denied 54.6% (54.6% of the applications it decided), against a statewide denial rate of 19.9%.

11Applicationsin AL
54.6%Decision denial ratestate 25.0%
7.00%Median ratestate 6.50%
$95,000Median loanstate $165,000
$855kVolume5 counties

Northwest Federal Credit Union in Alabama vs the state

54.6%Denial rate+34.70 pts vs state
54.6%Decision denial rate+29.55 pts vs state
45.5%Origination rate-9.94 pts vs state
7.00%Median rate+0.50 pts vs state
0.38Rate spread (pts)+0.09 pts vs state
$104kMedian applicant income
5Loans originated
6Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310430.0%7.56%#445
2024181022.2%7.81%#390
202511554.6%7.00%#459

What Northwest Federal Credit Union lends in Alabama

By loan purpose

Home purchase 3 27% · 0.0% denied
Cash-out refinance 5 45% · 100.0% denied
Home improvement 3 27% · 33.3% denied

By loan type

Conventional 11 100% · 54.6% denied

Why it denied Alabama applicants

Debt-to-income ratio 6 100%

Where in Alabama

Counties with the most Northwest Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mobile County 422 50.0%
Jefferson County 303 100.0%
Tuscaloosa County 211 50.0%
Lauderdale County 110 0.0%
Baldwin 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: 11 applications in 2025, of which 5 were originated and 6 denied.

54.6% of all applications, or 54.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Northwest Federal Credit Union originated in Alabama in 2025 was 7.00%, against a statewide median of 6.50%.

About this data. Figures are Northwest Federal Credit Union'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