Hale County, Alabama · 2025

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

75 lenders acted on 463 mortgage applications for properties in Hale County in 2025. 33.1% were denied (Alabama: 19.9%). Median rate on closed loans 7.00%; median loan $115,000; median property value $195,000.

463Applications
33.1%Denial ratestate 19.9%
7.00%Median ratestate 6.50%
$115,000Median loan
$195,000Median property value

Largest lenders in Hale County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 899 55.1%10.99%
2 21st Mortgage F 423 61.9%12.04%
3 Peoples Bank of Greensboro 3534 0.0%7.50%
4 First Federal Bank, A B 2315 8.7%6.13%
5 Triad Financial Services D 237 39.1%8.19%
6 FirstBank C 215 42.9%8.35%
7 Regions Bank C 206 55.0%4.99%
8 Alabama One D 1712 11.8%7.31%
9 Rocket Mortgage C 153 40.0%6.38%
10 United Shore Financial Services B 118 0.0%5.87%
11 Movement Mortgage A 106 0.0%6.44%
12 Pennymac Loan Services C 95 33.3%6.62%
13 Newrez D 84 12.5%7.50%
14 United Community Bank B 73 28.6%6.75%
15 Reliance First Capital C 75 0.0%6.88%
16 AmeriSave Mortgage D 71 85.7%8.75%
17 Mortgage Research Center C 73 28.6%6.13%
18 Equity Prime Mortgage D 64 16.7%6.63%
19 Tammac Holdings D 50 100.0%
20 Bryant Bank B 55 0.0%6.75%

Best approval odds in Hale County

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

#LenderDecidedDecision denial rate
1Vanderbilt Mortgage and Finance5884.5%

What Hale County borrowers applied for

By loan purpose

Home purchase 295 64% · 35.9% denied
Refinance 59 13% · 10.2% denied
Cash-out refinance 56 12% · 30.4% denied
Home improvement 19 4% · 47.4% denied
Other / HELOC 34 7% · 44.1% denied

By loan type

Conventional 346 75% · 37.9% denied
FHA 77 17% · 24.7% denied
VA 29 6% · 10.3% denied
USDA / RHS 11 2% · 0.0% denied

Why applications were denied

Credit history 73 48%
Debt-to-income ratio 37 24%
Incomplete application 14 9%
Collateral 12 8%
Unverifiable information 10 7%
Other 4 3%
Insufficient cash 2 1%

Hale County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202345918933.1%7.25%$105,000
202439517730.9%7.25%$105,000
202546318933.1%7.00%$115,000

Frequently asked questions

33.1% of applications in Hale County were denied in 2025, against 19.9% statewide in Alabama.

Vanderbilt Mortgage and Finance, with 89 applications in 2025 and a denial rate of 55.1%.

The median mortgage application in Hale County in 2025 was for $115,000; the median property value on originated loans was $195,000.