PNC Bank in Alabama vs the state
33.2%Denial rate+13.35 pts vs state
40.6%Decision denial rate+15.57 pts vs state
46.9%Origination rate-8.52 pts vs state
7.76%Median rate+1.26 pts vs state
0.57Rate spread (pts)+0.28 pts vs state
$86kMedian applicant income
1,357Loans originated
961Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,578 | 1,666 | 32.0% | 9.08% | #9 |
| 2024 | 3,103 | 1,431 | 34.0% | 9.09% | #11 |
| 2025 | 2,895 | 1,357 | 33.2% | 7.76% | #14 |
What PNC Bank lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most PNC Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 502 | 245 | 167 | 33.3% |
| Mobile County | 461 | 186 | 176 | 38.2% |
| Baldwin County | 301 | 155 | 81 | 26.9% |
| Madison County | 201 | 100 | 60 | 29.9% |
| Shelby County | 193 | 97 | 53 | 27.5% |
| Montgomery County | 119 | 43 | 49 | 41.2% |
| Lee County | 115 | 63 | 27 | 23.5% |
| Tuscaloosa County | 95 | 42 | 35 | 36.8% |
| Limestone County | 91 | 43 | 30 | 33.0% |
| Morgan County | 76 | 48 | 17 | 22.4% |
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: 2,895 applications in 2025, of which 1,357 were originated and 961 denied.
33.2% of all applications, or 40.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans PNC Bank originated in Alabama in 2025 was 7.76%, against a statewide median of 6.50%.
About this data. Figures are PNC 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