The Mortgage Link · Alabama · 2025

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

The Mortgage Link took 22 mortgage applications in Alabama in 2025, ranking #388 of 990 lenders active in the state. It originated 63.6% of them and denied 9.1% (11.8% of the applications it decided), against a statewide denial rate of 19.9%.

22Applicationsin AL
11.8%Decision denial ratestate 25.0%
6.93%Median ratestate 6.50%
$205,000Median loanstate $165,000
$3.1MVolume11 counties

The Mortgage Link in Alabama vs the state

9.1%Denial rate-10.76 pts vs state
11.8%Decision denial rate-13.24 pts vs state
63.6%Origination rate+8.25 pts vs state
6.93%Median rate+0.43 pts vs state
0.76Rate spread (pts)+0.47 pts vs state
$74kMedian applicant income
14Loans originated
2Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023650.0%7.63%#517
202423184.4%7.12%#370
202522149.1%6.93%#388

What The Mortgage Link lends in Alabama

By loan purpose

Home purchase 20 91% · 5.0% denied
Cash-out refinance 2 9% · 50.0% denied

By loan type

Conventional 6 27% · 0.0% denied
FHA 16 73% · 12.5% denied

Why it denied Alabama applicants

Debt-to-income ratio 1 50%
Other 1 50%

Where in Alabama

Counties with the most The Mortgage Link applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lauderdale County 641 16.7%
Madison County 430 0.0%
Marshall County 310 0.0%
Limestone County 220 0.0%
Jefferson County 110 0.0%
Blount County 110 0.0%
Morgan County 101 100.0%
Colbert County 110 0.0%
Dale County 100 0.0%
Jackson County 100 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: 22 applications in 2025, of which 14 were originated and 2 denied.

9.1% of all applications, or 11.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans The Mortgage Link originated in Alabama in 2025 was 6.93%, against a statewide median of 6.50%.

About this data. Figures are The Mortgage Link'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