Teachers Federal Credit Union · Alabama · 2025

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

Teachers Federal Credit Union took 10 mortgage applications in Alabama in 2025, ranking #472 of 990 lenders active in the state. It originated 20.0% of them and denied 20.0% (50.0% of the applications it decided), against a statewide denial rate of 19.9%.

10Applicationsin AL
50.0%Decision denial ratestate 25.0%
7.63%Median ratestate 6.50%
$45,000Median loanstate $165,000
$440kVolume7 counties

Teachers Federal Credit Union in Alabama vs the state

20.0%Denial rate+0.15 pts vs state
50.0%Decision denial rate+25.00 pts vs state
20.0%Origination rate-35.39 pts vs state
7.63%Median rate+1.13 pts vs state
2.12Rate spread (pts)+1.83 pts vs state
$127kMedian applicant income
2Loans originated
2Denied

What Teachers Federal Credit Union lends in Alabama

By loan purpose

Home purchase 1 10% · 0.0% denied
Cash-out refinance 5 50% · 40.0% denied
Other / HELOC 4 40% · 0.0% denied

By loan type

Conventional 10 100% · 20.0% denied

Why it denied Alabama applicants

Debt-to-income ratio 2 100%

Where in Alabama

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

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 402 50.0%
Henry County 110 0.0%
Shelby County 100 0.0%
Madison County 100 0.0%
Lowndes County 100 0.0%
Tuscaloosa County 100 0.0%
Marshall 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: 10 applications in 2025, of which 2 were originated and 2 denied.

20.0% 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 Teachers Federal Credit Union originated in Alabama in 2025 was 7.63%, against a statewide median of 6.50%.

About this data. Figures are Teachers 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