Truist Bank · Alabama · 2025

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

Truist Bank took 1,156 mortgage applications in Alabama in 2025, ranking #47 of 990 lenders active in the state. It originated 45.7% of them and denied 38.8% (44.6% of the applications it decided), against a statewide denial rate of 19.9%.

1.2kApplicationsin AL
44.6%Decision denial ratestate 25.0%
6.75%Median ratestate 6.50%
$105,000Median loanstate $165,000
$217MVolume54 counties

Truist Bank in Alabama vs the state

38.8%Denial rate+18.90 pts vs state
44.6%Decision denial rate+19.62 pts vs state
45.7%Origination rate-9.72 pts vs state
6.75%Median rate+0.25 pts vs state
0.16Rate spread (pts)-0.13 pts vs state
$104kMedian applicant income
528Loans originated
448Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,23955341.7%7.13%#34
20241,15750444.3%7.25%#42
20251,15652838.8%6.75%#47

What Truist Bank lends in Alabama

By loan purpose

Home purchase 258 22% · 10.1% denied
Refinance 192 17% · 31.8% denied
Cash-out refinance 52 4% · 17.3% denied
Home improvement 273 24% · 53.9% denied
Other / HELOC 381 33% · 53.8% denied

By loan type

Conventional 1,111 96% · 39.6% denied
FHA 25 2% · 28.0% denied
VA 15 1% · 0.0% denied
USDA / RHS 5 0% · 20.0% denied

Why it denied Alabama applicants

Credit history 145 32%
Incomplete application 135 30%
Debt-to-income ratio 114 25%
Collateral 37 8%
Other 10 2%
Employment history 3 1%
Unverifiable information 2 0%
Insufficient cash 2 0%

Where in Alabama

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 1738567 38.7%
Baldwin County 984840 40.8%
Madison County 934431 33.3%
Lee County 853537 43.5%
Shelby County 773231 40.3%
Mobile County 511624 47.1%
Calhoun County 502022 44.0%
St. Clair County 482417 35.4%
Montgomery County 481823 47.9%
Limestone County 31167 22.6%

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: 1,156 applications in 2025, of which 528 were originated and 448 denied.

38.8% of all applications, or 44.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Truist Bank originated in Alabama in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are Truist Bank'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