Prosperity Home Mortgage · Alabama · 2025

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

Prosperity Home Mortgage took 787 mortgage applications in Alabama in 2025, ranking #59 of 990 lenders active in the state. It originated 69.5% of them and denied 8.5% (10.8% of the applications it decided), against a statewide denial rate of 19.9%.

787Applicationsin AL
10.8%Decision denial ratestate 25.0%
6.50%Median ratestate 6.50%
$245,000Median loanstate $165,000
$149MVolume41 counties

Prosperity Home Mortgage in Alabama vs the state

8.5%Denial rate-11.34 pts vs state
10.8%Decision denial rate-14.21 pts vs state
69.5%Origination rate+14.11 pts vs state
6.50%Median rate0.00 pts vs state
0.26Rate spread (pts)-0.03 pts vs state
$91kMedian applicant income
547Loans originated
67Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202377553610.3%6.88%#52
202473351912.0%6.63%#58
20257875478.5%6.50%#59

What Prosperity Home Mortgage lends in Alabama

By loan purpose

Home purchase 611 78% · 6.4% denied
Refinance 98 12% · 5.1% denied
Cash-out refinance 62 8% · 27.4% denied
Home improvement 3 0% · 33.3% denied
Other / HELOC 13 2% · 38.5% denied

By loan type

Conventional 396 50% · 5.1% denied
FHA 269 34% · 12.6% denied
VA 108 14% · 10.2% denied
USDA / RHS 14 2% · 14.3% denied

Why it denied Alabama applicants

Debt-to-income ratio 17 25%
Credit history 14 21%
Collateral 13 19%
Other 10 15%
Insufficient cash 6 9%
Unverifiable information 5 7%
Incomplete application 2 3%

Where in Alabama

Counties with the most Prosperity Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 24317519 7.8%
Shelby County 1691246 3.6%
Mobile County 48316 12.5%
St. Clair County 40323 7.5%
Blount County 36253 8.3%
Baldwin County 33223 9.1%
Walker County 32232 6.3%
Tuscaloosa County 30173 10.0%
Cullman County 24153 12.5%
Chilton County 19126 31.6%

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: 787 applications in 2025, of which 547 were originated and 67 denied.

8.5% of all applications, or 10.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

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

About this data. Figures are Prosperity Home 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