Princeton Mortgage · Alabama · 2025

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

Princeton Mortgage took 109 mortgage applications in Alabama in 2025, ranking #221 of 990 lenders active in the state. It originated 58.7% of them and denied 15.6% (17.7% of the applications it decided), against a statewide denial rate of 19.9%.

109Applicationsin AL
17.7%Decision denial ratestate 25.0%
6.25%Median ratestate 6.50%
$215,000Median loanstate $165,000
$13MVolume20 counties

Princeton Mortgage in Alabama vs the state

15.6%Denial rate-4.25 pts vs state
17.7%Decision denial rate-7.29 pts vs state
58.7%Origination rate+3.33 pts vs state
6.25%Median rate-0.25 pts vs state
0.41Rate spread (pts)+0.13 pts vs state
$77kMedian applicant income
64Loans originated
17Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231941178.8%7.13%#133
20241871119.1%6.63%#147
20251096415.6%6.25%#221

What Princeton Mortgage lends in Alabama

By loan purpose

Home purchase 88 81% · 15.9% denied
Refinance 10 9% · 10.0% denied
Cash-out refinance 8 7% · 25.0% denied
Home improvement 3 3% · 0.0% denied

By loan type

Conventional 51 47% · 15.7% denied
FHA 47 43% · 17.0% denied
VA 8 7% · 12.5% denied
USDA / RHS 3 3% · 0.0% denied

Why it denied Alabama applicants

Debt-to-income ratio 7 41%
Collateral 4 24%
Credit history 4 24%
Unverifiable information 1 6%
Other 1 6%

Where in Alabama

Counties with the most Princeton Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Madison County 28165 17.9%
Jefferson County 18121 5.6%
Shelby County 1583 20.0%
Morgan County 1163 27.3%
Limestone County 761 14.3%
Chilton County 420 0.0%
Lawrence County 410 0.0%
St. Clair County 310 0.0%
Dallas County 202 100.0%
Perry County 202 100.0%

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: 109 applications in 2025, of which 64 were originated and 17 denied.

15.6% of all applications, or 17.7% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Princeton Mortgage originated in Alabama in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are Princeton 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