SouthPoint Bank in Alabama vs the state
3.2%Denial rate-16.66 pts vs state
4.0%Decision denial rate-21.02 pts vs state
75.6%Origination rate+20.16 pts vs state
6.25%Median rate-0.25 pts vs state
0.10Rate spread (pts)-0.19 pts vs state
$80kMedian applicant income
615Loans originated
26Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 980 | 663 | 12.1% | 6.63% | #41 |
| 2024 | 831 | 607 | 4.6% | 6.50% | #54 |
| 2025 | 814 | 615 | 3.2% | 6.25% | #55 |
What SouthPoint Bank lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most SouthPoint Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 175 | 126 | 5 | 2.9% |
| Shelby County | 141 | 109 | 7 | 5.0% |
| St. Clair County | 111 | 83 | 6 | 5.4% |
| Morgan County | 64 | 52 | 1 | 1.6% |
| Calhoun County | 57 | 44 | 1 | 1.8% |
| Limestone County | 37 | 29 | 0 | 0.0% |
| Montgomery County | 28 | 19 | 1 | 3.6% |
| Madison County | 28 | 23 | 0 | 0.0% |
| Lawrence County | 22 | 17 | 1 | 4.5% |
| Talladega County | 21 | 16 | 0 | 0.0% |
Other large lenders in Alabama
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Regions Bank | C | 11,871 | 37.2% | 4.99% |
| Rocket Mortgage | C | 9,941 | 20.5% | 6.63% |
| Vanderbilt Mortgage and Finance | F | 8,461 | 41.4% | 9.50% |
| United Shore Financial Services | B | 7,689 | 12.0% | 6.13% |
| 21st Mortgage | F | 6,507 | 46.0% | 9.98% |
| Mortgage Research Center | C | 5,107 | 18.4% | 6.25% |
| REDSTONE Federal Credit Union | C | 4,548 | 18.9% | 8.13% |
| Dhi Mortgage Company | B | 3,909 | 17.5% | 4.99% |
| Freedom Mortgage | B | 3,725 | 8.7% | 6.25% |
| Pennymac Loan Services | C | 3,611 | 11.6% | 6.25% |
Frequently asked questions
Alabama: 814 applications in 2025, of which 615 were originated and 26 denied.
3.2% of all applications, or 4.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans SouthPoint Bank originated in Alabama in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are SouthPoint 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