Towne Mortgage in Alabama vs the state
3.4%Denial rate-16.47 pts vs state
3.5%Decision denial rate-21.46 pts vs state
83.9%Origination rate+28.51 pts vs state
6.25%Median rate-0.25 pts vs state
0.12Rate spread (pts)-0.16 pts vs state
$85kMedian applicant income
620Loans originated
25Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 47 | 32 | 2.1% | 6.13% | #284 |
| 2024 | 682 | 576 | 3.1% | 6.50% | #61 |
| 2025 | 739 | 620 | 3.4% | 6.25% | #62 |
What Towne Mortgage lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Towne Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Etowah County | 83 | 68 | 4 | 4.8% |
| Lauderdale County | 80 | 69 | 2 | 2.5% |
| Mobile County | 80 | 68 | 2 | 2.5% |
| Elmore County | 42 | 38 | 1 | 2.4% |
| Calhoun County | 39 | 36 | 2 | 5.1% |
| Jefferson County | 31 | 27 | 1 | 3.2% |
| Houston County | 25 | 17 | 1 | 4.0% |
| Colbert County | 24 | 20 | 0 | 0.0% |
| Henry County | 22 | 20 | 0 | 0.0% |
| Madison County | 17 | 12 | 1 | 5.9% |
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: 739 applications in 2025, of which 620 were originated and 25 denied.
3.4% of all applications, or 3.5% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Towne Mortgage originated in Alabama in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Towne 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