Find a better mortgage lender

Elmore County, Alabama · 2025

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

242 lenders acted on 4,227 mortgage applications for properties in Elmore County in 2025. 17.4% were denied (Alabama: 19.9%). Median rate on closed loans 6.50%; median loan $185,000; median property value $295,000.

4.2kApplications
17.4%Denial ratestate 19.9%
6.50%Median ratestate 6.50%
$185,000Median loan
$295,000Median property value

Largest lenders in Elmore County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 MAX Credit Union C 248167 17.7%4.50%
2 21st Mortgage F 24467 38.1%9.49%
3 Guild Mortgage A 211171 2.4%6.50%
4 United Shore Financial Services B 200147 10.0%6.13%
5 Rocket Mortgage C 193135 16.1%6.63%
6 Regions Bank C 17384 37.0%5.81%
7 Trustmark National Bank C 159128 8.2%6.50%
8 Crosscountry Mortgage B 140106 1.4%6.58%
9 Vanderbilt Mortgage and Finance F 12816 47.7%9.50%
10 Mortgage Research Center C 11567 20.9%6.38%
11 Fairway Independent Mortgage B 11390 2.7%6.63%
12 Guardian Credit Union D 10966 31.2%7.13%
13 River Bank & Trust A 10184 2.0%5.99%
14 Navy Federal Credit Union D 9243 15.2%7.75%
15 Movement Mortgage A 8466 2.4%6.63%
16 Pennymac Loan Services C 7536 10.7%6.62%
17 Renasant Bank B 7166 4.2%6.38%
18 First Community Bank of Central Alabama B 6857 14.7%—
19 Dhi Mortgage Company B 6742 16.4%4.99%
20 Newrez D 5932 10.2%6.43%
21 Freedom Mortgage B 5819 12.1%6.13%
22 FirstBank C 5421 33.3%7.54%
23 New Day Financial F 497 14.3%6.99%
24 AmeriSave Mortgage D 4611 65.2%8.38%
25 Loandepot.Com D 4629 17.4%6.88%

Best approval odds in Elmore County

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

#LenderDecidedDecision denial rate
1Crosscountry Mortgage1081.9%
2River Bank & Trust882.3%
3Movement Mortgage792.5%
4Guild Mortgage1872.7%
5Fairway Independent Mortgage933.2%
6Renasant Bank704.3%
7Trustmark National Bank1419.2%
8United Shore Financial Services17211.6%
9First Community Bank of Central Alabama6814.7%
10Rocket Mortgage16918.3%

What Elmore County borrowers applied for

By loan purpose

Home purchase 2,063 49% · 14.0% denied
Refinance 628 15% · 15.3% denied
Cash-out refinance 822 19% · 21.8% denied
Home improvement 325 8% · 24.0% denied
Other / HELOC 389 9% · 23.9% denied

By loan type

Conventional 2,755 65% · 19.8% denied
FHA 662 16% · 15.4% denied
VA 757 18% · 10.8% denied
USDA / RHS 53 1% · 9.4% denied

Why applications were denied

Credit history 273 38%
Debt-to-income ratio 173 24%
Incomplete application 104 14%
Collateral 78 11%
Other 41 6%
Unverifiable information 31 4%
Insufficient cash 17 2%
Employment history 6 1%

Elmore County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,1161,74620.5%6.88%$155,000
20243,6682,16220.3%6.75%$155,000
20254,2272,50317.4%6.50%$185,000

Frequently asked questions

17.4% of applications in Elmore County were denied in 2025, against 19.9% statewide in Alabama.

MAX Credit Union, with 248 applications in 2025 and a denial rate of 17.7%.

The median mortgage application in Elmore County in 2025 was for $185,000; the median property value on originated loans was $295,000.