Valley National Bank · Alabama · 2025

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

Valley National Bank took 145 mortgage applications in Alabama in 2025, ranking #187 of 990 lenders active in the state. It originated 68.3% of them and denied 6.9% (8.6% of the applications it decided), against a statewide denial rate of 19.9%.

145Applicationsin AL
8.6%Decision denial ratestate 25.0%
6.49%Median ratestate 6.50%
$125,000Median loanstate $165,000
$33MVolume19 counties

Valley National Bank in Alabama vs the state

6.9%Denial rate-12.95 pts vs state
8.6%Decision denial rate-16.45 pts vs state
68.3%Origination rate+12.89 pts vs state
6.49%Median rate-0.01 pts vs state
0.17Rate spread (pts)-0.12 pts vs state
$96kMedian applicant income
99Loans originated
10Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231046811.5%7.00%#194
202496679.4%6.99%#221
2025145996.9%6.49%#187

What Valley National Bank lends in Alabama

By loan purpose

Home purchase 42 29% · 2.4% denied
Refinance 1 1% · 0.0% denied
Cash-out refinance 36 25% · 11.1% denied
Home improvement 32 22% · 12.5% denied
Other / HELOC 34 23% · 2.9% denied

By loan type

Conventional 131 90% · 7.6% denied
FHA 7 5% · 0.0% denied
VA 3 2% · 0.0% denied
USDA / RHS 4 3% · 0.0% denied

Why it denied Alabama applicants

Debt-to-income ratio 4 40%
Collateral 3 30%
Other 2 20%
Credit history 1 10%

Where in Alabama

Counties with the most Valley National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 27193 11.1%
Lee County 20142 10.0%
Montgomery County 19130 0.0%
Shelby County 1781 5.9%
Tallapoosa County 17102 11.8%
St. Clair County 15121 6.7%
Elmore County 13100 0.0%
Autauga County 211 50.0%
DeKalb County 210 0.0%
Randolph County 210 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: 145 applications in 2025, of which 99 were originated and 10 denied.

6.9% of all applications, or 8.6% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Valley National Bank originated in Alabama in 2025 was 6.49%, against a statewide median of 6.50%.

About this data. Figures are Valley 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