PeoplesSouth Bank in Alabama vs the state
6.7%Denial rate-13.18 pts vs state
7.1%Decision denial rate-17.91 pts vs state
87.3%Origination rate+31.94 pts vs state
7.50%Median rate+1.00 pts vs state
—Rate spread (pts)
$103kMedian applicant income
131Loans originated
10Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 164 | 148 | 6.1% | 8.50% | #147 |
| 2024 | 163 | 146 | 7.4% | 8.50% | #162 |
| 2025 | 150 | 131 | 6.7% | 7.50% | #182 |
What PeoplesSouth Bank lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most PeoplesSouth Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Houston County | 58 | 53 | 2 | 3.4% |
| Henry County | 29 | 25 | 3 | 10.3% |
| Dale County | 28 | 26 | 2 | 7.1% |
| Barbour County | 18 | 13 | 3 | 16.7% |
| Lee County | 8 | 8 | 0 | 0.0% |
| Pike County | 3 | 2 | 0 | 0.0% |
| Geneva County | 2 | 1 | 0 | 0.0% |
| Mobile County | 1 | 1 | 0 | 0.0% |
| Coffee County | 1 | 1 | 0 | 0.0% |
| Tallapoosa County | 1 | 1 | 0 | 0.0% |
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: 150 applications in 2025, of which 131 were originated and 10 denied.
6.7% of all applications, or 7.1% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans PeoplesSouth Bank originated in Alabama in 2025 was 7.50%, against a statewide median of 6.50%.
About this data. Figures are PeoplesSouth 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