Cullman County, Alabama · 2025

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

260 lenders acted on 3,763 mortgage applications for properties in Cullman County in 2025. 21.6% were denied (Alabama: 19.9%). Median rate on closed loans 6.50%; median loan $155,000; median property value $255,000.

3.8kApplications
21.6%Denial ratestate 19.9%
6.50%Median ratestate 6.50%
$155,000Median loan
$255,000Median property value

Largest lenders in Cullman County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 24954 39.4%9.99%
2 21st Mortgage F 18027 51.7%10.42%
3 Rocket Mortgage C 178117 27.0%6.63%
4 Traditions Bank A 157153 0.6%
5 United Shore Financial Services B 11977 18.5%6.13%
6 REDSTONE Federal Credit Union C 11956 28.6%8.13%
7 Guild Mortgage A 11681 5.2%6.50%
8 Regions Bank C 11553 43.5%6.38%
9 Mortgage Research Center C 10341 27.2%6.25%
10 Triad Financial Services D 10328 36.9%8.00%
11 America'S First B 10082 10.0%5.75%
12 First Federal Bank, A B 9970 4.0%6.13%
13 Pennymac Loan Services C 7747 10.4%6.50%
14 FirstBank C 7718 53.3%8.99%
15 Freedom Mortgage B 7734 6.5%6.25%
16 Premier Bank of the South A 7676 0.0%
17 Stockton Mortgage D 6642 7.6%6.63%
18 Dhi Mortgage Company B 6242 16.1%4.99%
19 EvaBank F 5531 18.2%
20 Loandepot.Com D 5219 38.5%8.25%
21 AmeriSave Mortgage D 509 68.0%7.00%
22 Newrez D 4817 14.6%6.63%
23 Broker Solutions D 4618 15.2%6.69%
24 Peoples Bank of Alabama D 4524 26.7%
25 Renasant Bank B 3726 8.1%6.63%

Best approval odds in Cullman County

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

What Cullman County borrowers applied for

By loan purpose

Home purchase 2,031 54% · 19.3% denied
Refinance 600 16% · 13.7% denied
Cash-out refinance 598 16% · 28.8% denied
Home improvement 197 5% · 30.0% denied
Other / HELOC 337 9% · 31.8% denied

By loan type

Conventional 2,610 69% · 23.8% denied
FHA 647 17% · 18.9% denied
VA 378 10% · 14.6% denied
USDA / RHS 128 3% · 10.9% denied

Why applications were denied

Credit history 270 34%
Debt-to-income ratio 188 24%
Collateral 120 15%
Incomplete application 74 9%
Other 59 7%
Unverifiable information 50 6%
Insufficient cash 24 3%
Employment history 3 0%

Cullman County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,2651,71621.3%6.88%$155,000
20243,3061,84818.5%6.75%$165,000
20253,7632,03321.6%6.50%$155,000

Frequently asked questions

21.6% of applications in Cullman County were denied in 2025, against 19.9% statewide in Alabama.

Vanderbilt Mortgage and Finance, with 249 applications in 2025 and a denial rate of 39.4%.

The median mortgage application in Cullman County in 2025 was for $155,000; the median property value on originated loans was $255,000.