Fayette County, Alabama · 2025

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

103 lenders acted on 578 mortgage applications for properties in Fayette County in 2025. 23.7% were denied (Alabama: 19.9%). Median rate on closed loans 6.75%; median loan $125,000; median property value $205,000.

578Applications
23.7%Denial ratestate 19.9%
6.75%Median ratestate 6.50%
$125,000Median loan
$205,000Median property value

Largest lenders in Fayette County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 6713 41.8%10.50%
2 21st Mortgage F 409 37.5%10.05%
3 Regions Bank C 3818 42.1%6.81%
4 Leaderone Financial D 3618 16.7%6.75%
5 Rocket Mortgage C 3013 40.0%6.99%
6 Triad Financial Services D 2917 13.8%8.23%
7 First Federal Bank, A B 2821 10.7%6.13%
8 Alabama One D 2722 3.7%7.44%
9 BankFirst Financial Services A 2521 12.0%7.00%
10 Movement Mortgage A 1712 0.0%6.56%
11 United Shore Financial Services B 168 18.8%5.69%
12 Mortgage Research Center C 148 14.3%6.31%
13 FirstBank C 134 38.5%7.95%
14 Loandepot.Com D 94 33.3%6.81%
15 Equity Prime Mortgage D 83 12.5%6.25%
16 Southwest Stage Funding F 72 0.0%9.65%
17 Pennymac Loan Services C 63 33.3%6.25%
18 Consumer First Mortgage C 55 0.0%6.63%
19 Moria Development B 54 20.0%6.44%
20 Freedom Mortgage B 53 20.0%6.25%
21 West Alabama Bank & Trust B 55 0.0%
22 Prosperity Home Mortgage A 52 20.0%6.63%

What Fayette County borrowers applied for

By loan purpose

Home purchase 354 61% · 21.8% denied
Refinance 76 13% · 21.1% denied
Cash-out refinance 79 14% · 25.3% denied
Home improvement 25 4% · 52.0% denied
Other / HELOC 44 8% · 25.0% denied

By loan type

Conventional 384 66% · 26.8% denied
FHA 111 19% · 21.6% denied
VA 58 10% · 13.8% denied
USDA / RHS 25 4% · 8.0% denied

Why applications were denied

Credit history 52 38%
Debt-to-income ratio 27 20%
Collateral 19 14%
Unverifiable information 14 10%
Incomplete application 11 8%
Other 6 4%
Insufficient cash 5 4%
Employment history 3 2%

Fayette County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202343818232.4%7.00%$105,000
202448021429.6%6.99%$115,000
202557828523.7%6.75%$125,000

Frequently asked questions

23.7% of applications in Fayette County were denied in 2025, against 19.9% statewide in Alabama.

Vanderbilt Mortgage and Finance, with 67 applications in 2025 and a denial rate of 41.8%.

The median mortgage application in Fayette County in 2025 was for $125,000; the median property value on originated loans was $205,000.