The Loan Store in Alabama vs the state
8.8%Denial rate-11.10 pts vs state
9.7%Decision denial rate-15.34 pts vs state
70.3%Origination rate+14.92 pts vs state
6.75%Median rate+0.25 pts vs state
0.30Rate spread (pts)+0.01 pts vs state
$112kMedian applicant income
450Loans originated
56Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 125 | 89 | 10.4% | 7.00% | #173 |
| 2024 | 396 | 282 | 6.3% | 6.63% | #89 |
| 2025 | 640 | 450 | 8.8% | 6.75% | #74 |
What The Loan Store lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most The Loan Store applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 145 | 109 | 6 | 4.1% |
| Madison County | 81 | 56 | 7 | 8.6% |
| Baldwin County | 65 | 38 | 10 | 15.4% |
| Mobile County | 53 | 39 | 6 | 11.3% |
| Shelby County | 52 | 39 | 3 | 5.8% |
| Cullman County | 34 | 23 | 4 | 11.8% |
| Limestone County | 21 | 13 | 1 | 4.8% |
| Montgomery County | 20 | 15 | 3 | 15.0% |
| Talladega County | 19 | 13 | 1 | 5.3% |
| St. Clair County | 19 | 12 | 1 | 5.3% |
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: 640 applications in 2025, of which 450 were originated and 56 denied.
8.8% of all applications, or 9.7% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans The Loan Store originated in Alabama in 2025 was 6.75%, against a statewide median of 6.50%.
About this data. Figures are The Loan Store'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