OCMBC · Alabama · 2025

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

OCMBC took 248 mortgage applications in Alabama in 2025, ranking #136 of 990 lenders active in the state. It originated 53.2% of them and denied 8.9% (12.1% of the applications it decided), against a statewide denial rate of 19.9%.

248Applicationsin AL
12.1%Decision denial ratestate 25.0%
6.75%Median ratestate 6.50%
$175,000Median loanstate $165,000
$26MVolume32 counties

OCMBC in Alabama vs the state

8.9%Denial rate-10.98 pts vs state
12.1%Decision denial rate-12.91 pts vs state
53.2%Origination rate-2.16 pts vs state
6.75%Median rate+0.25 pts vs state
1.28Rate spread (pts)+1.00 pts vs state
$84kMedian applicant income
132Loans originated
22Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231189.1%7.25%#441
20241336323.3%7.00%#188
20252481328.9%6.75%#136

What OCMBC lends in Alabama

By loan purpose

Home purchase 159 64% · 7.6% denied
Refinance 17 7% · 5.9% denied
Cash-out refinance 72 29% · 12.5% denied

By loan type

Conventional 210 85% · 8.1% denied
FHA 34 14% · 5.9% denied
VA 1 0% · 0.0% denied
USDA / RHS 3 1% · 100.0% denied

Why it denied Alabama applicants

Credit history 6 27%
Collateral 5 23%
Unverifiable information 3 14%
Incomplete application 2 9%
Debt-to-income ratio 2 9%
Other 2 9%
Employment history 2 9%

Where in Alabama

Counties with the most OCMBC applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 32145 15.6%
Morgan County 27180 0.0%
Mobile County 24111 4.2%
Madison County 22101 4.5%
Talladega County 22190 0.0%
Tuscaloosa County 2065 25.0%
Lee County 1591 6.7%
Russell County 1591 6.7%
Baldwin County 1270 0.0%
Montgomery County 1180 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: 248 applications in 2025, of which 132 were originated and 22 denied.

8.9% of all applications, or 12.1% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans OCMBC originated in Alabama in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are OCMBC'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