Baldwin County, Alabama · 2025

Mortgage lenders in Baldwin County, AL: denial rates and top lenders (2025)

545 lenders acted on 15,495 mortgage applications for properties in Baldwin County in 2025. 17.6% were denied (Alabama: 19.9%). Median rate on closed loans 6.63%; median loan $255,000; median property value $375,000.

15kApplications
17.6%Denial ratestate 19.9%
6.63%Median ratestate 6.50%
$255,000Median loan
$375,000Median property value

Largest lenders in Baldwin County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Dhi Mortgage Company B 1,312676 20.3%4.99%
2 Rocket Mortgage C 785556 18.1%6.75%
3 Regions Bank C 778386 31.4%5.88%
4 United Shore Financial Services B 530353 15.5%6.13%
5 21st Mortgage F 44659 49.3%9.70%
6 Navy Federal Credit Union D 398208 15.6%7.25%
7 Trustmark National Bank C 312278 6.7%6.88%
8 PNC Bank D 301155 26.9%7.73%
9 Mortgage Research Center C 285122 17.9%6.25%
10 Newrez D 269113 11.5%6.75%
11 Freedom Mortgage B 263110 6.8%6.25%
12 Pennymac Loan Services C 254109 12.6%6.12%
13 Community Bank of Mississippi C 250200 8.4%7.00%
14 Pen Air Credit Union F 240109 39.6%7.99%
15 Lennar Mortgage A 233194 9.4%4.50%
16 Cadence Bank B 229173 7.0%6.90%
17 Dsld Mortgage A 221146 7.7%6.25%
18 FirstBank C 212133 16.5%6.63%
19 SouthState Bank B 193147 7.3%6.50%
20 Loandepot.Com D 16889 21.4%6.88%
21 Guild Mortgage A 165108 9.7%6.43%
22 Northpointe Bank C 164111 5.5%7.63%
23 Broker Solutions D 15566 7.1%6.75%
24 Triad Financial Services D 14726 48.3%8.73%
25 Movement Mortgage A 13997 7.2%7.06%

Best approval odds in Baldwin County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Baldwin County borrowers applied for

By loan purpose

Home purchase 8,545 55% · 13.5% denied
Refinance 1,966 13% · 14.8% denied
Cash-out refinance 2,147 14% · 21.3% denied
Home improvement 1,089 7% · 28.7% denied
Other / HELOC 1,748 11% · 29.2% denied

By loan type

Conventional 10,952 71% · 18.5% denied
FHA 2,520 16% · 17.5% denied
VA 1,837 12% · 11.3% denied
USDA / RHS 186 1% · 27.4% denied

Why applications were denied

Debt-to-income ratio 879 32%
Credit history 683 25%
Collateral 377 14%
Incomplete application 285 11%
Other 232 9%
Unverifiable information 115 4%
Insufficient cash 89 3%
Employment history 48 2%

Baldwin County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202313,8547,91318.6%6.75%$235,000
202413,8467,87318.7%6.75%$245,000
202515,4958,84217.6%6.63%$255,000

Frequently asked questions

17.6% of applications in Baldwin County were denied in 2025, against 19.9% statewide in Alabama.

Dhi Mortgage Company, with 1,312 applications in 2025 and a denial rate of 20.3%.

The median mortgage application in Baldwin County in 2025 was for $255,000; the median property value on originated loans was $375,000.