River Bank & Trust · Alabama · 2025

River Bank & Trust in Alabama: approval rate, denial rate and rates (2025)

River Bank & Trust took 1,628 mortgage applications in Alabama in 2025, ranking #32 of 990 lenders active in the state. It originated 84.6% of them and denied 3.7% (4.1% of the applications it decided), against a statewide denial rate of 19.9%.

1.6kApplicationsin AL
4.1%Decision denial ratestate 25.0%
6.95%Median ratestate 6.50%
$155,000Median loanstate $165,000
$316MVolume49 counties

River Bank & Trust in Alabama vs the state

3.7%Denial rate-16.16 pts vs state
4.1%Decision denial rate-20.89 pts vs state
84.6%Origination rate+29.19 pts vs state
6.95%Median rate+0.45 pts vs state
-0.02Rate spread (pts)-0.31 pts vs state
$134kMedian applicant income
1,377Loans originated
60Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,7661,5484.3%6.85%#23
20241,4361,2044.6%7.81%#32
20251,6281,3773.7%6.95%#32

What River Bank & Trust lends in Alabama

By loan purpose

Home purchase 733 45% · 2.9% denied
Refinance 361 22% · 2.5% denied
Cash-out refinance 43 3% · 9.3% denied
Home improvement 278 17% · 5.0% denied
Other / HELOC 213 13% · 5.6% denied

By loan type

Conventional 1,583 97% · 3.4% denied
FHA 15 1% · 33.3% denied
VA 25 2% · 0.0% denied
USDA / RHS 5 0% · 20.0% denied

Why it denied Alabama applicants

Debt-to-income ratio 27 45%
Credit history 27 45%
Other 2 3%
Collateral 2 3%
Insufficient cash 1 2%
Incomplete application 1 2%

Where in Alabama

Counties with the most River Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lee County 2352076 2.6%
Mobile County 1551326 3.9%
Elmore County 101842 2.0%
Chilton County 100867 7.0%
Jefferson County 97842 2.1%
Tallapoosa County 95746 6.3%
Houston County 92821 1.1%
Montgomery County 88752 2.3%
Morgan County 85702 2.4%
Autauga County 78573 3.8%

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: 1,628 applications in 2025, of which 1,377 were originated and 60 denied.

3.7% of all applications, or 4.1% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans River Bank & Trust originated in Alabama in 2025 was 6.95%, against a statewide median of 6.50%.

About this data. Figures are River Bank & Trust'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