Regions Bank · Alabama · 2025

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

Regions Bank took 11,871 mortgage applications in Alabama in 2025, ranking #1 of 990 lenders active in the state. It originated 46.5% of them and denied 37.2% (40.9% of the applications it decided), against a statewide denial rate of 19.9%.

12kApplicationsin AL
40.9%Decision denial ratestate 25.0%
4.99%Median ratestate 6.50%
$75,000Median loanstate $165,000
$819MVolume67 counties

Regions Bank in Alabama vs the state

37.2%Denial rate+17.38 pts vs state
40.9%Decision denial rate+15.87 pts vs state
46.5%Origination rate-8.86 pts vs state
4.99%Median rate-1.51 pts vs state
-1.86Rate spread (pts)-2.15 pts vs state
$82kMedian applicant income
5,523Loans originated
4,420Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312,6815,72538.5%8.13%#1
202411,9945,48638.8%6.99%#1
202511,8715,52337.2%4.99%#1

What Regions Bank lends in Alabama

By loan purpose

Home purchase 1,880 16% · 14.4% denied
Refinance 2,527 21% · 29.1% denied
Cash-out refinance 457 4% · 25.2% denied
Home improvement 4,253 36% · 45.9% denied
Other / HELOC 2,754 23% · 48.9% denied

By loan type

Conventional 11,211 94% · 38.0% denied
FHA 507 4% · 28.0% denied
VA 108 1% · 13.0% denied
USDA / RHS 45 0% · 20.0% denied

Why it denied Alabama applicants

Credit history 2,356 53%
Debt-to-income ratio 1,061 24%
Collateral 903 20%
Unverifiable information 40 1%
Incomplete application 23 1%
Other 18 0%
Insufficient cash 17 0%
Employment history 2 0%

Where in Alabama

Counties with the most Regions Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 2,5091,098966 38.5%
Shelby County 1,139623310 27.2%
Mobile County 1,086504409 37.7%
Madison County 1,040507351 33.8%
Baldwin County 778386244 31.4%
Montgomery County 495179245 49.5%
Tuscaloosa County 470251153 32.6%
Limestone County 294136106 36.1%
Calhoun County 273110127 46.5%
Etowah County 249114107 43.0%

Other large lenders in Alabama

LenderGradeApplicationsDenial rateMedian rate
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%
Trustmark National BankC 3,44310.3%6.50%

Frequently asked questions

Alabama: 11,871 applications in 2025, of which 5,523 were originated and 4,420 denied.

37.2% of all applications, or 40.9% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Regions Bank originated in Alabama in 2025 was 4.99%, against a statewide median of 6.50%.

About this data. Figures are Regions 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