Largest lenders in Franklin County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | CB&S Bank | C | 184 | 124 | 17.4% | 6.88% |
| 2 | 21st Mortgage | F | 66 | 8 | 59.1% | 8.88% |
| 3 | Bank Independent | B | 47 | 31 | 23.4% | 6.49% |
| 4 | Listerhill Credit Union | A | 36 | 36 | 0.0% | 5.74% |
| 5 | Triad Financial Services | D | 31 | 3 | 45.2% | 8.73% |
| 6 | Rocket Mortgage | C | 27 | 19 | 22.2% | 6.50% |
| 7 | First Metro Bank | B | 25 | 22 | 4.0% | — |
| 8 | United Shore Financial Services | B | 22 | 17 | 18.2% | 6.13% |
| 9 | FirstBank | C | 21 | 4 | 57.1% | 9.14% |
| 10 | Regions Bank | C | 20 | 10 | 35.0% | 6.31% |
| 11 | Mortgage Research Center | C | 19 | 10 | 5.3% | 6.44% |
| 12 | Vanderbilt Mortgage and Finance | F | 18 | 4 | 16.7% | 8.75% |
| 13 | Assurance Financial Group | C | 12 | 7 | 0.0% | 6.38% |
| 14 | Pennymac Loan Services | C | 10 | 6 | 10.0% | 5.88% |
| 15 | AmeriSave Mortgage | D | 10 | 2 | 60.0% | 7.94% |
| 16 | Freedom Mortgage | B | 10 | 6 | 0.0% | 6.25% |
| 17 | Alabama Central | – | 10 | 6 | 40.0% | 6.50% |
| 18 | Wolfe Financial | C | 10 | 6 | 0.0% | 6.25% |
| 19 | Broker Solutions | D | 9 | 1 | 11.1% | 5.75% |
| 20 | Southwest Stage Funding | F | 8 | 0 | 0.0% | — |
| 21 | First Federal Bank, A | B | 7 | 3 | 28.6% | 6.25% |
| 22 | Planet Home Lending | B | 7 | 4 | 42.9% | 6.06% |
| 23 | Trustmark National Bank | C | 7 | 2 | 42.9% | 7.31% |
| 24 | Newrez | D | 6 | 2 | 0.0% | 6.12% |
| 25 | Better Mortgage | F | 5 | 0 | 40.0% | — |
Best approval odds in Franklin County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | CB&S Bank | 160 | 20.0% |
What Franklin County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Franklin County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 657 | 384 | 20.4% | 6.88% | $115,000 |
| 2024 | 706 | 387 | 22.7% | 6.99% | $105,000 |
| 2025 | 800 | 432 | 23.0% | 6.55% | $125,000 |
Frequently asked questions
23.0% of applications in Franklin County were denied in 2025, against 19.9% statewide in Alabama.
CB&S Bank, with 184 applications in 2025 and a denial rate of 17.4%.
The median mortgage application in Franklin County in 2025 was for $125,000; the median property value on originated loans was $195,000.