Troy Bank and Trust · Alabama · 2025

Troy Bank and Trust in Alabama: approval rate, denial rate and rates (2025)

Troy Bank and Trust took 226 mortgage applications in Alabama in 2025, ranking #145 of 990 lenders active in the state. It originated 89.8% of them and denied 4.4% (4.7% of the applications it decided), against a statewide denial rate of 19.9%.

226Applicationsin AL
4.7%Decision denial ratestate 25.0%
7.50%Median ratestate 6.50%
$150,000Median loanstate $165,000
$47MVolume21 counties

Troy Bank and Trust in Alabama vs the state

4.4%Denial rate-15.43 pts vs state
4.7%Decision denial rate-20.35 pts vs state
89.8%Origination rate+34.43 pts vs state
7.50%Median rate+1.00 pts vs state
1.06Rate spread (pts)+0.77 pts vs state
$112kMedian applicant income
203Loans originated
10Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232171946.5%8.50%#124
20242162023.2%8.50%#136
20252262034.4%7.50%#145

What Troy Bank and Trust lends in Alabama

By loan purpose

Home purchase 135 60% · 1.5% denied
Refinance 62 27% · 11.3% denied
Home improvement 18 8% · 5.6% denied
Other / HELOC 11 5% · 0.0% denied

By loan type

Conventional 224 99% · 4.5% denied
VA 1 0% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Alabama applicants

Credit history 8 80%
Debt-to-income ratio 1 10%
Other 1 10%

Where in Alabama

Counties with the most Troy Bank and Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pike County 69623 4.3%
Houston County 44421 2.3%
Coffee County 29234 13.8%
Dale County 17170 0.0%
Montgomery County 12101 8.3%
Crenshaw County 951 11.1%
Geneva County 760 0.0%
Covington County 770 0.0%
Lee County 660 0.0%
Henry County 550 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: 226 applications in 2025, of which 203 were originated and 10 denied.

4.4% of all applications, or 4.7% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Troy Bank and Trust originated in Alabama in 2025 was 7.50%, against a statewide median of 6.50%.

About this data. Figures are Troy Bank and Trust'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