Waterstone Mortgage · Alabama · 2025

Waterstone Mortgage in Alabama: approval rate, denial rate and rates (2025)

Waterstone Mortgage took 21 mortgage applications in Alabama in 2025, ranking #392 of 990 lenders active in the state. It originated 66.7% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 19.9%.

21Applicationsin AL
0.0%Decision denial ratestate 25.0%
7.12%Median ratestate 6.50%
$295,000Median loanstate $165,000
$5.0MVolume14 counties

Waterstone Mortgage in Alabama vs the state

0.0%Denial rate-19.85 pts vs state
0.0%Decision denial rate-25.00 pts vs state
66.7%Origination rate+11.28 pts vs state
7.12%Median rate+0.62 pts vs state
0.90Rate spread (pts)+0.61 pts vs state
$139kMedian applicant income
14Loans originated
0Denied

Trend in Alabama

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326180.0%6.44%#349
202431180.0%7.13%#339
202521140.0%7.12%#392

What Waterstone Mortgage lends in Alabama

By loan purpose

Home purchase 16 76% · 0.0% denied
Refinance 4 19% · 0.0% denied
Cash-out refinance 1 5% · 0.0% denied

By loan type

Conventional 17 81% · 0.0% denied
FHA 2 10% · 0.0% denied
VA 1 5% · 0.0% denied
USDA / RHS 1 5% · 0.0% denied

Where in Alabama

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Houston County 310 0.0%
Covington County 320 0.0%
Mobile County 220 0.0%
Montgomery County 220 0.0%
Tallapoosa County 210 0.0%
Chambers County 100 0.0%
Jefferson County 100 0.0%
Winston County 110 0.0%
Geneva County 100 0.0%
Lee County 110 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: 21 applications in 2025, of which 14 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.

The median rate on loans Waterstone Mortgage originated in Alabama in 2025 was 7.12%, against a statewide median of 6.50%.

About this data. Figures are Waterstone Mortgage'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