Swbc Mortgage · Alabama · 2025

Swbc Mortgage in Alabama: approval rate, denial rate and rates (2025)

Swbc Mortgage took 116 mortgage applications in Alabama in 2025, ranking #210 of 990 lenders active in the state. It originated 72.4% of them and denied 1.7% (2.2% of the applications it decided), against a statewide denial rate of 19.9%.

116Applicationsin AL
2.2%Decision denial ratestate 25.0%
6.63%Median ratestate 6.50%
$225,000Median loanstate $165,000
$20MVolume16 counties

Swbc Mortgage in Alabama vs the state

1.7%Denial rate-18.13 pts vs state
2.2%Decision denial rate-22.80 pts vs state
72.4%Origination rate+17.02 pts vs state
6.63%Median rate+0.13 pts vs state
0.27Rate spread (pts)-0.02 pts vs state
$89kMedian applicant income
84Loans originated
2Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232531895.9%6.75%#112
20242411665.8%6.63%#122
2025116841.7%6.63%#210

What Swbc Mortgage lends in Alabama

By loan purpose

Home purchase 105 91% · 1.0% denied
Refinance 7 6% · 14.3% denied
Cash-out refinance 4 3% · 0.0% denied

By loan type

Conventional 79 68% · 1.3% denied
FHA 21 18% · 4.8% denied
VA 11 9% · 0.0% denied
USDA / RHS 5 4% · 0.0% denied

Why it denied Alabama applicants

Collateral 2 100%

Where in Alabama

Counties with the most Swbc Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mobile County 73572 2.7%
Baldwin County 1980 0.0%
Cherokee County 420 0.0%
Butler County 320 0.0%
Clarke County 220 0.0%
Lee County 220 0.0%
Madison County 220 0.0%
Talladega County 220 0.0%
Cleburne County 220 0.0%
Dale 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: 116 applications in 2025, of which 84 were originated and 2 denied.

1.7% of all applications, or 2.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Swbc Mortgage originated in Alabama in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Swbc Mortgage'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