Largest lenders in Jackson County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | REDSTONE Federal Credit Union | C | 202 | 124 | 17.8% | 8.13% |
| 2 | Vanderbilt Mortgage and Finance | F | 171 | 25 | 31.6% | 9.75% |
| 3 | Rocket Mortgage | C | 122 | 64 | 29.5% | 6.50% |
| 4 | First Jackson Bank | A | 88 | 80 | 2.3% | — |
| 5 | Regions Bank | C | 70 | 32 | 37.1% | 7.19% |
| 6 | Canopy Mortgage | B | 66 | 49 | 0.0% | 6.38% |
| 7 | Cadence Bank | B | 55 | 33 | 30.9% | 7.50% |
| 8 | 21st Mortgage | F | 54 | 18 | 40.7% | 9.58% |
| 9 | Mortgage Research Center | C | 51 | 23 | 21.6% | 6.25% |
| 10 | United Shore Financial Services | B | 42 | 28 | 7.1% | 6.00% |
| 11 | Broker Solutions | D | 41 | 18 | 2.4% | 7.25% |
| 12 | Loandepot.Com | D | 40 | 18 | 37.5% | 6.37% |
| 13 | Citizens Bank & Trust | A | 40 | 38 | 0.0% | — |
| 14 | Renasant Bank | B | 38 | 36 | 0.0% | 6.50% |
| 15 | Fairway Independent Mortgage | B | 35 | 25 | 2.9% | 6.63% |
| 16 | Southwest Stage Funding | F | 34 | 9 | 5.9% | 7.70% |
| 17 | Freedom Mortgage | B | 30 | 17 | 0.0% | 6.25% |
| 18 | Coastal Community Bank | C | 28 | 3 | 0.0% | 13.49% |
| 19 | Pennymac Loan Services | C | 27 | 8 | 14.8% | 5.75% |
| 20 | AmeriSave Mortgage | D | 26 | 8 | 61.5% | 9.63% |
| 21 | FirstBank | C | 24 | 13 | 41.7% | 6.25% |
| 22 | Family Savings Credit Union | B | 23 | 18 | 17.4% | 7.63% |
| 23 | PNC Bank | D | 21 | 7 | 23.8% | 7.76% |
| 24 | Triad Financial Services | D | 20 | 8 | 35.0% | 8.03% |
| 25 | Nationstar Mortgage | C | 17 | 9 | 17.7% | 6.63% |
Best approval odds in Jackson County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Canopy Mortgage | 50 | 0.0% |
| 2 | First Jackson Bank | 85 | 2.4% |
| 3 | REDSTONE Federal Credit Union | 168 | 21.4% |
| 4 | Cadence Bank | 51 | 33.3% |
| 5 | Rocket Mortgage | 101 | 35.6% |
| 6 | Regions Bank | 64 | 40.6% |
| 7 | Vanderbilt Mortgage and Finance | 83 | 65.1% |
What Jackson County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Jackson County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,550 | 829 | 21.9% | 7.00% | $125,000 |
| 2024 | 1,732 | 936 | 23.0% | 6.99% | $125,000 |
| 2025 | 1,923 | 1,008 | 20.0% | 6.75% | $135,000 |
Frequently asked questions
20.0% of applications in Jackson County were denied in 2025, against 19.9% statewide in Alabama.
REDSTONE Federal Credit Union, with 202 applications in 2025 and a denial rate of 17.8%.
The median mortgage application in Jackson County in 2025 was for $135,000; the median property value on originated loans was $255,000.