Trustmark National Bank · Alabama · 2025

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

Trustmark National Bank took 3,443 mortgage applications in Alabama in 2025, ranking #11 of 990 lenders active in the state. It originated 76.8% of them and denied 10.3% (11.7% of the applications it decided), against a statewide denial rate of 19.9%.

3.4kApplicationsin AL
11.7%Decision denial ratestate 25.0%
6.50%Median ratestate 6.50%
$215,000Median loanstate $165,000
$672MVolume59 counties

Trustmark National Bank in Alabama vs the state

10.3%Denial rate-9.51 pts vs state
11.7%Decision denial rate-13.35 pts vs state
76.8%Origination rate+21.43 pts vs state
6.50%Median rate0.00 pts vs state
0.20Rate spread (pts)-0.09 pts vs state
$98kMedian applicant income
2,645Loans originated
356Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,3263,12011.1%6.88%#7
20243,5562,7159.9%6.63%#10
20253,4432,64510.3%6.50%#11

What Trustmark National Bank lends in Alabama

By loan purpose

Home purchase 2,381 69% · 5.7% denied
Refinance 426 12% · 15.0% denied
Cash-out refinance 85 2% · 34.1% denied
Home improvement 178 5% · 26.4% denied
Other / HELOC 373 11% · 21.7% denied

By loan type

Conventional 2,518 73% · 9.2% denied
FHA 623 18% · 17.3% denied
VA 264 8% · 4.2% denied
USDA / RHS 38 1% · 15.8% denied

Why it denied Alabama applicants

Credit history 177 50%
Debt-to-income ratio 93 26%
Collateral 33 9%
Other 30 8%
Employment history 9 3%
Insufficient cash 9 3%
Unverifiable information 5 1%

Where in Alabama

Counties with the most Trustmark National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mobile County 52838378 14.8%
Jefferson County 37126939 10.5%
Montgomery County 33019282 24.8%
Baldwin County 31227821 6.7%
Madison County 29424915 5.1%
Lauderdale County 17813712 6.7%
Lee County 1731584 2.3%
Shelby County 16212610 6.2%
Elmore County 15912813 8.2%
Limestone County 14912411 7.4%

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: 3,443 applications in 2025, of which 2,645 were originated and 356 denied.

10.3% of all applications, or 11.7% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

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

About this data. Figures are Trustmark National 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