Quontic Bank · Alabama · 2025

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

Quontic Bank took 8 mortgage applications in Alabama in 2025, ranking #506 of 990 lenders active in the state. It originated 25.0% of them and denied 12.5% (33.3% of the applications it decided), against a statewide denial rate of 19.9%.

8Applicationsin AL
33.3%Decision denial ratestate 25.0%
8.63%Median ratestate 6.50%
$855,000Median loanstate $165,000
$1.5MVolume5 counties

Quontic Bank in Alabama vs the state

12.5%Denial rate-7.35 pts vs state
33.3%Decision denial rate+8.33 pts vs state
25.0%Origination rate-30.39 pts vs state
8.63%Median rate+2.13 pts vs state
2.83Rate spread (pts)+2.54 pts vs state
$338kMedian applicant income
2Loans originated
1Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023630.0%9.00%#510
20248612.5%8.50%#479
20258212.5%8.63%#506

What Quontic Bank lends in Alabama

By loan purpose

Home purchase 7 88% · 14.3% denied
Cash-out refinance 1 13% · 0.0% denied

By loan type

Conventional 8 100% · 12.5% denied

Why it denied Alabama applicants

Debt-to-income ratio 1 100%

Where in Alabama

Counties with the most Quontic Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Baldwin County 401 25.0%
Jefferson County 100 0.0%
Montgomery County 100 0.0%
St. Clair County 110 0.0%
Colbert County 110 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: 8 applications in 2025, of which 2 were originated and 1 denied.

12.5% of all applications, or 33.3% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Quontic Bank originated in Alabama in 2025 was 8.63%, against a statewide median of 6.50%.

About this data. Figures are Quontic 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