PHH Mortgage · Alabama · 2025

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

PHH Mortgage took 457 mortgage applications in Alabama in 2025, ranking #86 of 990 lenders active in the state. It originated 63.2% of them and denied 6.8% (9.6% of the applications it decided), against a statewide denial rate of 19.9%.

457Applicationsin AL
9.6%Decision denial ratestate 25.0%
6.49%Median ratestate 6.50%
$215,000Median loanstate $165,000
$84MVolume51 counties

PHH Mortgage in Alabama vs the state

6.8%Denial rate-13.07 pts vs state
9.6%Decision denial rate-15.43 pts vs state
63.2%Origination rate+7.85 pts vs state
6.49%Median rate-0.01 pts vs state
0.10Rate spread (pts)-0.19 pts vs state
$98kMedian applicant income
289Loans originated
31Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231467023.3%6.99%#162
20242351018.9%6.63%#126
20254572896.8%6.49%#86

What PHH Mortgage lends in Alabama

By loan purpose

Home purchase 140 31% · 4.3% denied
Refinance 159 35% · 6.9% denied
Cash-out refinance 127 28% · 8.7% denied
Home improvement 31 7% · 9.7% denied

By loan type

Conventional 294 64% · 3.7% denied
FHA 110 24% · 14.6% denied
VA 53 12% · 7.6% denied

Why it denied Alabama applicants

Other 12 39%
Collateral 6 19%
Insufficient cash 5 16%
Debt-to-income ratio 4 13%
Credit history 3 10%
Unverifiable information 1 3%

Where in Alabama

Counties with the most PHH Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 612511 18.0%
Lee County 45342 4.4%
Tallapoosa County 31272 6.5%
Madison County 29164 13.8%
Mobile County 25200 0.0%
Baldwin County 23171 4.3%
Elmore County 22180 0.0%
Montgomery County 22171 4.5%
Lauderdale County 21180 0.0%
Houston County 21190 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: 457 applications in 2025, of which 289 were originated and 31 denied.

6.8% of all applications, or 9.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans PHH Mortgage originated in Alabama in 2025 was 6.49%, against a statewide median of 6.50%.

About this data. Figures are PHH Mortgage'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