SmartFi Home Loans · Alabama · 2025

SmartFi Home Loans in Alabama: approval rate, denial rate and rates (2025)

SmartFi Home Loans took 8 mortgage applications in Alabama in 2025, ranking #499 of 990 lenders active in the state. It originated 50.0% of them and denied 50.0% (50.0% of the applications it decided), against a statewide denial rate of 19.9%.

8Applicationsin AL
50.0%Decision denial ratestate 25.0%
6.31%Median ratestate 6.50%
$125,000Median loanstate $165,000
$430kVolume6 counties

SmartFi Home Loans in Alabama vs the state

50.0%Denial rate+30.15 pts vs state
50.0%Decision denial rate+25.00 pts vs state
50.0%Origination rate-5.39 pts vs state
6.31%Median rate-0.19 pts vs state
Rate spread (pts)
$29kMedian applicant income
4Loans originated
4Denied

What SmartFi Home Loans lends in Alabama

By loan purpose

Refinance 7 88% · 42.9% denied
Home improvement 1 13% · 100.0% denied

By loan type

Conventional 3 38% · 66.7% denied
FHA 5 63% · 40.0% denied

Why it denied Alabama applicants

Insufficient cash 1 25%
Debt-to-income ratio 1 25%
Credit history 1 25%
Collateral 1 25%

Where in Alabama

Counties with the most SmartFi Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chambers County 211 50.0%
Jefferson County 211 50.0%
Tuscaloosa County 101 100.0%
Shelby County 101 100.0%
Mobile County 110 0.0%
Autauga 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 4 were originated and 4 denied.

50.0% 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 SmartFi Home Loans originated in Alabama in 2025 was 6.31%, against a statewide median of 6.50%.

About this data. Figures are SmartFi Home Loans'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