Tomo Mortgage in Alabama vs the state
3.9%Denial rate-15.97 pts vs state
7.8%Decision denial rate-17.19 pts vs state
45.0%Origination rate-10.43 pts vs state
6.43%Median rate-0.07 pts vs state
-0.02Rate spread (pts)-0.31 pts vs state
$136kMedian applicant income
58Loans originated
5Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 19 | 12 | 0.0% | 6.06% | #384 |
| 2025 | 129 | 58 | 3.9% | 6.43% | #199 |
What Tomo Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Tomo Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 23 | 10 | 0 | 0.0% |
| Madison County | 22 | 12 | 1 | 4.5% |
| Shelby County | 10 | 5 | 1 | 10.0% |
| Baldwin County | 9 | 3 | 1 | 11.1% |
| Limestone County | 8 | 3 | 0 | 0.0% |
| Lee County | 7 | 3 | 1 | 14.3% |
| Lauderdale County | 6 | 3 | 1 | 16.7% |
| Mobile County | 5 | 1 | 0 | 0.0% |
| Tuscaloosa County | 5 | 1 | 0 | 0.0% |
| Montgomery County | 5 | 0 | 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: 129 applications in 2025, of which 58 were originated and 5 denied.
3.9% of all applications, or 7.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Tomo Mortgage originated in Alabama in 2025 was 6.43%, against a statewide median of 6.50%.
About this data. Figures are Tomo 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