Signature Federal Credit Union · Alabama · 2025

Signature Federal Credit Union in Alabama: approval rate, denial rate and rates (2025)

Signature Federal Credit Union took 17 mortgage applications in Alabama in 2025, ranking #409 of 990 lenders active in the state. It originated 35.3% of them and denied 35.3% (50.0% of the applications it decided), against a statewide denial rate of 19.9%.

17Applicationsin AL
50.0%Decision denial ratestate 25.0%
8.38%Median ratestate 6.50%
$75,000Median loanstate $165,000
$480kVolume12 counties

Signature Federal Credit Union in Alabama vs the state

35.3%Denial rate+15.44 pts vs state
50.0%Decision denial rate+25.00 pts vs state
35.3%Origination rate-20.10 pts vs state
8.38%Median rate+1.88 pts vs state
2.18Rate spread (pts)+1.89 pts vs state
$132kMedian applicant income
6Loans originated
6Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239144.4%8.75%#467
202415426.7%8.88%#413
202517635.3%8.38%#409

What Signature Federal Credit Union lends in Alabama

By loan purpose

Home purchase 1 6% · 0.0% denied
Refinance 2 12% · 0.0% denied
Cash-out refinance 1 6% · 0.0% denied
Home improvement 7 41% · 42.9% denied
Other / HELOC 6 35% · 50.0% denied

By loan type

Conventional 17 100% · 35.3% denied

Why it denied Alabama applicants

Debt-to-income ratio 3 50%
Credit history 2 33%
Unverifiable information 1 17%

Where in Alabama

Counties with the most Signature Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mobile County 210 0.0%
Dale County 210 0.0%
Jefferson County 211 50.0%
Lee County 210 0.0%
Tuscaloosa County 220 0.0%
Walker County 101 100.0%
Etowah County 100 0.0%
St. Clair County 101 100.0%
Baldwin County 101 100.0%
Monroe County 100 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: 17 applications in 2025, of which 6 were originated and 6 denied.

35.3% of all applications, or 50.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Signature Federal Credit Union originated in Alabama in 2025 was 8.38%, against a statewide median of 6.50%.

About this data. Figures are Signature Federal Credit Union'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