Butler County, Alabama · 2025

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

79 lenders acted on 598 mortgage applications for properties in Butler County in 2025. 31.4% were denied (Alabama: 19.9%). Median rate on closed loans 6.88%; median loan $105,000; median property value $175,000.

598Applications
31.4%Denial ratestate 19.9%
6.88%Median ratestate 6.50%
$105,000Median loan
$175,000Median property value

Largest lenders in Butler County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 13723 38.0%10.99%
2 21st Mortgage F 536 58.5%9.33%
3 Trustmark National Bank C 3423 20.6%7.50%
4 Guardian Credit Union D 3313 57.6%7.00%
5 Rocket Mortgage C 3024 13.3%6.49%
6 First Citizens Bank A 2828 0.0%
7 Mortgage Research Center C 1911 0.0%6.63%
8 Guild Mortgage A 1510 13.3%6.50%
9 Southwest Stage Funding F 154 0.0%10.48%
10 Union Home Mortgage B 1412 14.3%6.56%
11 Cadence Bank B 1310 23.1%7.50%
12 Navy Federal Credit Union D 138 15.4%7.13%
13 Triad Financial Services D 120 50.0%
14 Regions Bank C 94 22.2%6.69%
15 FirstBank C 91 66.7%10.49%
16 CMG Mortgage A 97 22.2%5.75%
17 Hancock Whitney Bank B 84 50.0%3.99%
18 AmeriSave Mortgage D 81 87.5%4.99%
19 United Shore Financial Services B 83 62.5%6.93%
20 Broker Solutions D 80 12.5%
21 MAX Credit Union C 62 33.3%4.50%
22 Loandepot.Com D 63 0.0%6.38%
23 Crosscountry Mortgage B 52 20.0%6.50%
24 Fairway Independent Mortgage B 52 40.0%6.94%
25 Freedom Mortgage B 52 0.0%6.25%

Best approval odds in Butler County

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

#LenderDecidedDecision denial rate
1Vanderbilt Mortgage and Finance7866.7%

What Butler County borrowers applied for

By loan purpose

Home purchase 394 66% · 31.0% denied
Refinance 55 9% · 14.6% denied
Cash-out refinance 80 13% · 40.0% denied
Home improvement 27 5% · 40.7% denied
Other / HELOC 42 7% · 35.7% denied

By loan type

Conventional 468 78% · 33.8% denied
FHA 70 12% · 31.4% denied
VA 53 9% · 9.4% denied
USDA / RHS 7 1% · 42.9% denied

Why applications were denied

Credit history 81 43%
Debt-to-income ratio 39 21%
Collateral 18 10%
Unverifiable information 17 9%
Incomplete application 13 7%
Other 11 6%
Insufficient cash 7 4%
Employment history 1 1%
Mortgage insurance denied 1 1%

Butler County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202346816837.2%7.25%$95,000
202448518831.3%7.13%$105,000
202559824731.4%6.88%$105,000

Frequently asked questions

31.4% of applications in Butler County were denied in 2025, against 19.9% statewide in Alabama.

Vanderbilt Mortgage and Finance, with 137 applications in 2025 and a denial rate of 38.0%.

The median mortgage application in Butler County in 2025 was for $105,000; the median property value on originated loans was $175,000.