Presidential Bank in Alabama vs the state
7.6%Denial rate-12.23 pts vs state
9.4%Decision denial rate-15.59 pts vs state
71.4%Origination rate+16.04 pts vs state
6.63%Median rate+0.13 pts vs state
0.49Rate spread (pts)+0.20 pts vs state
$92kMedian applicant income
75Loans originated
8Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 19 | 4.2% | 6.25% | #358 |
| 2024 | 59 | 41 | 3.4% | 6.88% | #272 |
| 2025 | 105 | 75 | 7.6% | 6.63% | #225 |
What Presidential Bank lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Presidential Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 54 | 36 | 5 | 9.3% |
| Shelby County | 8 | 6 | 0 | 0.0% |
| Tuscaloosa County | 6 | 5 | 0 | 0.0% |
| Baldwin County | 6 | 5 | 0 | 0.0% |
| Morgan County | 4 | 3 | 0 | 0.0% |
| Blount County | 4 | 1 | 2 | 50.0% |
| St. Clair County | 3 | 3 | 0 | 0.0% |
| Montgomery County | 2 | 1 | 0 | 0.0% |
| Mobile County | 1 | 1 | 0 | 0.0% |
| Lamar 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: 105 applications in 2025, of which 75 were originated and 8 denied.
7.6% of all applications, or 9.4% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Presidential Bank originated in Alabama in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are Presidential 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