T2 Financial in Alabama vs the state
11.1%Denial rate-8.74 pts vs state
13.8%Decision denial rate-11.21 pts vs state
63.9%Origination rate+8.50 pts vs state
6.25%Median rate-0.25 pts vs state
0.30Rate spread (pts)+0.01 pts vs state
$81kMedian applicant income
23Loans originated
4Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 63 | 35 | 11.1% | 6.88% | #264 |
| 2025 | 36 | 23 | 11.1% | 6.25% | #343 |
What T2 Financial lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most T2 Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Madison County | 7 | 5 | 0 | 0.0% |
| Limestone County | 6 | 6 | 0 | 0.0% |
| Baldwin County | 4 | 2 | 0 | 0.0% |
| Mobile County | 4 | 1 | 2 | 50.0% |
| Cherokee County | 2 | 1 | 0 | 0.0% |
| Autauga County | 2 | 0 | 1 | 50.0% |
| Lee County | 1 | 1 | 0 | 0.0% |
| Calhoun County | 1 | 0 | 0 | 0.0% |
| Dallas County | 1 | 1 | 0 | 0.0% |
| Russell County | 1 | 1 | 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: 36 applications in 2025, of which 23 were originated and 4 denied.
11.1% of all applications, or 13.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans T2 Financial originated in Alabama in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are T2 Financial'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