Zippy Loans in Alabama vs the state
23.5%Denial rate+3.68 pts vs state
37.2%Decision denial rate+12.21 pts vs state
39.7%Origination rate-15.68 pts vs state
10.60%Median rate+4.10 pts vs state
0.05Rate spread (pts)-0.23 pts vs state
$51kMedian applicant income
27Loans originated
16Denied
Trend in Alabama
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 163 | 29 | 44.2% | 9.74% | #163 |
| 2025 | 68 | 27 | 23.5% | 10.60% | #269 |
What Zippy Loans lends in Alabama
By loan purpose
By loan type
Why it denied Alabama applicants
Where in Alabama
Counties with the most Zippy Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pike County | 13 | 9 | 3 | 23.1% |
| Montgomery County | 10 | 1 | 6 | 60.0% |
| Jefferson County | 8 | 6 | 1 | 12.5% |
| Tuscaloosa County | 4 | 1 | 1 | 25.0% |
| Houston County | 4 | 4 | 0 | 0.0% |
| Madison County | 3 | 1 | 0 | 0.0% |
| Limestone County | 3 | 2 | 1 | 33.3% |
| Franklin County | 2 | 1 | 1 | 50.0% |
| Russell County | 2 | 0 | 0 | 0.0% |
| St. Clair County | 1 | 1 | 0 | 0.0% |
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: 68 applications in 2025, of which 27 were originated and 16 denied.
23.5% of all applications, or 37.2% of the applications it actually decided on. The Alabama statewide average across all lenders was 19.9%.
The median rate on loans Zippy Loans originated in Alabama in 2025 was 10.60%, against a statewide median of 6.50%.
About this data. Figures are Zippy Loans'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