Plains Commerce Bank · Alabama · 2025

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

Plains Commerce Bank took 282 mortgage applications in Alabama in 2025, ranking #128 of 990 lenders active in the state. It originated 64.5% of them and denied 5.7% (8.1% of the applications it decided), against a statewide denial rate of 19.9%.

282Applicationsin AL
8.1%Decision denial ratestate 25.0%
6.50%Median ratestate 6.50%
$275,000Median loanstate $165,000
$58MVolume40 counties

Plains Commerce Bank in Alabama vs the state

5.7%Denial rate-14.18 pts vs state
8.1%Decision denial rate-16.92 pts vs state
64.5%Origination rate+9.15 pts vs state
6.50%Median rate0.00 pts vs state
0.43Rate spread (pts)+0.14 pts vs state
$106kMedian applicant income
182Loans originated
16Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236123851.5%6.50%#62
20243812272.9%6.75%#93
20252821825.7%6.50%#128

What Plains Commerce Bank lends in Alabama

By loan purpose

Home purchase 250 89% · 4.8% denied
Refinance 19 7% · 10.5% denied
Cash-out refinance 12 4% · 16.7% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 153 54% · 4.6% denied
FHA 84 30% · 4.8% denied
VA 28 10% · 10.7% denied
USDA / RHS 17 6% · 11.8% denied

Why it denied Alabama applicants

Debt-to-income ratio 7 44%
Unverifiable information 4 25%
Credit history 3 19%
Collateral 2 13%

Where in Alabama

Counties with the most Plains Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 50362 4.0%
Baldwin County 40233 7.5%
Shelby County 38280 0.0%
Clarke County 31232 6.5%
Madison County 22111 4.5%
Mobile County 20111 5.0%
Marengo County 860 0.0%
Marshall County 722 28.6%
Tuscaloosa County 540 0.0%
Morgan County 520 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: 282 applications in 2025, of which 182 were originated and 16 denied.

5.7% of all applications, or 8.1% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Plains Commerce Bank originated in Alabama in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Plains Commerce 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