USAA Federal Savings Bank in Alabama vs the state
29.0%Denial rate+9.15 pts vs state
39.8%Decision denial rate+14.81 pts vs state
43.3%Origination rate-12.11 pts vs state
6.25%Median rate-0.25 pts vs state
-0.22Rate spread (pts)-0.50 pts vs state
$123kMedian applicant income
306Loans originated
205Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 703 | 379 | 17.1% | 6.25% | #58 |
| 2024 | 772 | 407 | 21.1% | 6.38% | #56 |
| 2025 | 707 | 306 | 29.0% | 6.25% | #65 |
What USAA Federal Savings Bank lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most USAA Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Madison County | 119 | 57 | 33 | 27.7% |
| Jefferson County | 71 | 25 | 19 | 26.8% |
| Montgomery County | 40 | 21 | 9 | 22.5% |
| Baldwin County | 35 | 15 | 9 | 25.7% |
| Shelby County | 34 | 22 | 5 | 14.7% |
| Coffee County | 32 | 12 | 9 | 28.1% |
| Lee County | 31 | 11 | 13 | 41.9% |
| Mobile County | 29 | 9 | 13 | 44.8% |
| Limestone County | 27 | 9 | 9 | 33.3% |
| Elmore County | 24 | 10 | 8 | 33.3% |
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: 707 applications in 2025, of which 306 were originated and 205 denied.
29.0% of all applications, or 39.8% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans USAA Federal Savings Bank originated in Alabama in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are USAA Federal Savings 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