Vanderbilt Mortgage and Finance in Alabama vs the state
41.4%Denial rate+21.54 pts vs state
67.9%Decision denial rate+42.92 pts vs state
16.9%Origination rate-38.54 pts vs state
9.50%Median rate+3.00 pts vs state
3.58Rate spread (pts)+3.29 pts vs state
$56kMedian applicant income
1,426Loans originated
3,502Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 8,798 | 1,421 | 41.8% | 9.25% | #2 |
| 2024 | 8,323 | 1,559 | 42.4% | 9.25% | #2 |
| 2025 | 8,461 | 1,426 | 41.4% | 9.50% | #3 |
What Vanderbilt Mortgage and Finance lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Vanderbilt Mortgage and Finance applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lee County | 627 | 131 | 256 | 40.8% |
| Tuscaloosa County | 428 | 32 | 243 | 56.8% |
| Walker County | 363 | 55 | 141 | 38.8% |
| Madison County | 350 | 141 | 94 | 26.9% |
| Shelby County | 337 | 91 | 97 | 28.8% |
| Calhoun County | 311 | 57 | 123 | 39.5% |
| Jefferson County | 261 | 49 | 104 | 39.8% |
| Talladega County | 256 | 27 | 124 | 48.4% |
| Cullman County | 249 | 54 | 98 | 39.4% |
| Morgan County | 237 | 28 | 98 | 41.4% |
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% |
| 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% |
| Trustmark National Bank | C | 3,443 | 10.3% | 6.50% |
Frequently asked questions
Alabama: 8,461 applications in 2025, of which 1,426 were originated and 3,502 denied.
41.4% of all applications, or 67.9% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Vanderbilt Mortgage and Finance originated in Alabama in 2025 was 9.50%, against a statewide median of 6.50%.
About this data. Figures are Vanderbilt Mortgage and Finance'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