Paragon Bank · Alabama · 2025

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

Paragon Bank took 7 mortgage applications in Alabama in 2025, ranking #538 of 990 lenders active in the state. It originated 100.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 19.9%.

7Applicationsin AL
0.0%Decision denial ratestate 25.0%
Median ratestate 6.50%
$505,000Median loanstate $165,000
$3.2MVolume4 counties

Paragon Bank in Alabama vs the state

0.0%Denial rate-19.85 pts vs state
0.0%Decision denial rate-25.00 pts vs state
100.0%Origination rate+44.61 pts vs state
Median rate
Rate spread (pts)
$194kMedian applicant income
7Loans originated
0Denied

What Paragon Bank lends in Alabama

By loan purpose

Home purchase 6 86% · 0.0% denied
Cash-out refinance 1 14% · 0.0% denied

By loan type

Conventional 7 100% · 0.0% denied

Where in Alabama

Counties with the most Paragon Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Limestone County 220 0.0%
Jefferson County 220 0.0%
Madison County 220 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: 7 applications in 2025, of which 7 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Paragon Bank'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