Largest lenders in Clay County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | 21st Mortgage | F | 49 | 11 | 34.7% | 10.85% |
| 2 | Vanderbilt Mortgage and Finance | F | 43 | 5 | 55.8% | 10.25% |
| 3 | Triad Financial Services | D | 25 | 5 | 64.0% | 8.03% |
| 4 | Rocket Mortgage | C | 21 | 14 | 33.3% | 7.18% |
| 5 | FirstBank | C | 16 | 4 | 50.0% | 9.37% |
| 6 | Moria Development | B | 16 | 13 | 0.0% | 6.13% |
| 7 | Mortgage Research Center | C | 15 | 6 | 13.3% | 6.31% |
| 8 | Regions Bank | C | 14 | 5 | 35.7% | 6.50% |
| 9 | Truist Bank | C | 10 | 3 | 50.0% | 6.55% |
| 10 | AmeriSave Mortgage | D | 8 | 2 | 75.0% | 6.19% |
| 11 | Fairway Independent Mortgage | B | 7 | 6 | 0.0% | 6.75% |
| 12 | United Shore Financial Services | B | 7 | 7 | 0.0% | 6.11% |
| 13 | Loandepot.Com | D | 6 | 2 | 33.3% | 6.49% |
| 14 | Coastal Community Bank | C | 6 | 1 | 0.0% | 12.74% |
| 15 | Alabama One | D | 5 | 4 | 20.0% | 6.13% |
| 16 | First Bank of Alabama | B | 5 | 4 | 0.0% | — |
| 17 | America'S First | B | 5 | 4 | 0.0% | 5.75% |
| 18 | Southwest Stage Funding | F | 5 | 1 | 0.0% | 11.45% |
| 19 | CSL Financial | F | 5 | 5 | 0.0% | 7.69% |
What Clay County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Clay County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 351 | 140 | 35.3% | 7.00% | $135,000 |
| 2024 | 369 | 135 | 34.2% | 6.81% | $115,000 |
| 2025 | 381 | 167 | 28.9% | 6.75% | $115,000 |
Frequently asked questions
28.9% of applications in Clay County were denied in 2025, against 19.9% statewide in Alabama.
21st Mortgage, with 49 applications in 2025 and a denial rate of 34.7%.
The median mortgage application in Clay County in 2025 was for $115,000; the median property value on originated loans was $205,000.