Largest lenders in Colbert County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Bank Independent | B | 242 | 181 | 13.2% | 6.75% |
| 2 | Listerhill Credit Union | A | 169 | 162 | 0.6% | 6.00% |
| 3 | Trustmark National Bank | C | 132 | 109 | 5.3% | 6.38% |
| 4 | Assurance Financial Group | C | 130 | 97 | 4.6% | 6.38% |
| 5 | Regions Bank | C | 125 | 63 | 36.8% | 6.75% |
| 6 | Rocket Mortgage | C | 117 | 76 | 25.6% | 6.50% |
| 7 | 21st Mortgage | F | 85 | 11 | 49.4% | 10.59% |
| 8 | First Metro Bank | B | 76 | 56 | 7.9% | — |
| 9 | CB&S Bank | C | 61 | 41 | 16.4% | 6.94% |
| 10 | United Shore Financial Services | B | 50 | 34 | 6.0% | 6.12% |
| 11 | Pennymac Loan Services | C | 46 | 26 | 6.5% | 6.31% |
| 12 | Mortgage Research Center | C | 43 | 24 | 14.0% | 6.50% |
| 13 | Broker Solutions | D | 38 | 17 | 10.5% | 7.25% |
| 14 | Loandepot.Com | D | 36 | 20 | 25.0% | 6.75% |
| 15 | New Day Financial | F | 35 | 11 | 5.7% | 6.99% |
| 16 | Vanderbilt Mortgage and Finance | F | 34 | 5 | 32.4% | 11.25% |
| 17 | Freedom Mortgage | B | 31 | 10 | 9.7% | 6.19% |
| 18 | Movement Mortgage | A | 31 | 26 | 6.5% | 6.31% |
| 19 | Tva Community Credit Union | B | 31 | 30 | 3.2% | 6.25% |
| 20 | First Federal Bank, A | B | 28 | 21 | 10.7% | 6.00% |
| 21 | Wolfe Financial | C | 26 | 15 | 7.7% | 6.25% |
| 22 | United Community Bank | B | 25 | 19 | 8.0% | 6.50% |
| 23 | AmeriSave Mortgage | D | 24 | 10 | 45.8% | 9.44% |
| 24 | Towne Mortgage | B | 24 | 20 | 0.0% | 6.06% |
| 25 | PNC Bank | D | 22 | 14 | 13.6% | 7.80% |
Best approval odds in Colbert County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Listerhill Credit Union | 164 | 0.6% |
| 2 | Assurance Financial Group | 103 | 5.8% |
| 3 | Trustmark National Bank | 119 | 5.9% |
| 4 | First Metro Bank | 62 | 9.7% |
| 5 | Bank Independent | 218 | 14.7% |
| 6 | CB&S Bank | 52 | 19.2% |
| 7 | Rocket Mortgage | 109 | 27.5% |
| 8 | Regions Bank | 113 | 40.7% |
| 9 | 21st Mortgage | 54 | 77.8% |
What Colbert County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Colbert County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,920 | 1,152 | 20.2% | 6.99% | $120,000 |
| 2024 | 2,154 | 1,257 | 20.5% | 6.79% | $125,000 |
| 2025 | 2,378 | 1,519 | 15.4% | 6.50% | $145,000 |
Frequently asked questions
15.4% of applications in Colbert County were denied in 2025, against 19.9% statewide in Alabama.
Bank Independent, with 242 applications in 2025 and a denial rate of 13.2%.
The median mortgage application in Colbert County in 2025 was for $145,000; the median property value on originated loans was $245,000.