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Lauderdale County, Alabama · 2025

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

225 lenders acted on 3,712 mortgage applications for properties in Lauderdale County in 2025. 15.2% were denied (Alabama: 19.9%). Median rate on closed loans 6.50%; median loan $155,000; median property value $265,000.

3.7kApplications
15.2%Denial ratestate 19.9%
6.50%Median ratestate 6.50%
$155,000Median loan
$265,000Median property value

Largest lenders in Lauderdale County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Bank Independent B 477370 10.5%6.38%
2 Regions Bank C 229125 31.4%4.99%
3 Listerhill Credit Union A 228214 1.3%5.75%
4 Rocket Mortgage C 204149 17.7%6.75%
5 Trustmark National Bank C 178137 6.7%6.38%
6 Assurance Financial Group C 13093 7.7%6.49%
7 United Shore Financial Services B 8550 20.0%6.13%
8 Towne Mortgage B 8069 2.5%5.99%
9 First Metro Bank B 7464 4.1%—
10 United Community Bank B 6955 18.8%6.50%
11 Mortgage Research Center C 6734 19.4%6.25%
12 21st Mortgage F 6612 42.4%10.38%
13 Pennymac Loan Services C 5835 6.9%6.50%
14 First Southern Bank – 5747 5.3%—
15 Tva Community Credit Union B 5246 11.5%6.23%
16 First Federal Bank, A B 5141 3.9%6.13%
17 Broker Solutions D 5125 5.9%7.13%
18 CB&S Bank C 4833 20.8%7.00%
19 River Bank & Trust A 4735 0.0%6.80%
20 Vanderbilt Mortgage and Finance F 478 46.8%9.75%
21 Triad Financial Services D 468 41.3%8.65%
22 Newrez D 4518 20.0%6.13%
23 Loandepot.Com D 4518 33.3%7.44%
24 Wolfe Financial C 4328 0.0%6.06%
25 Navy Federal Credit Union D 4220 21.4%6.94%

Best approval odds in Lauderdale County

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

#LenderDecidedDecision denial rate
1Listerhill Credit Union2191.4%
2Towne Mortgage772.6%
3First Metro Bank684.4%
4First Southern Bank506.0%
5Trustmark National Bank1508.0%
6Assurance Financial Group1039.7%
7Bank Independent43411.5%
8Tva Community Credit Union5211.5%
9Rocket Mortgage18919.1%
10United Community Bank6819.1%

What Lauderdale County borrowers applied for

By loan purpose

Home purchase 1,639 44% · 10.9% denied
Refinance 686 18% · 11.2% denied
Cash-out refinance 710 19% · 18.0% denied
Home improvement 295 8% · 23.4% denied
Other / HELOC 382 10% · 29.3% denied

By loan type

Conventional 2,707 73% · 15.8% denied
FHA 652 18% · 14.3% denied
VA 297 8% · 13.5% denied
USDA / RHS 56 2% · 8.9% denied

Why applications were denied

Credit history 193 35%
Debt-to-income ratio 117 21%
Collateral 92 17%
Incomplete application 64 12%
Other 33 6%
Unverifiable information 30 5%
Insufficient cash 11 2%
Employment history 8 1%
Mortgage insurance denied 1 0%

Lauderdale County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,0571,93217.9%6.88%$135,000
20243,2232,05316.4%6.88%$145,000
20253,7122,43315.2%6.50%$155,000

Frequently asked questions

15.2% of applications in Lauderdale County were denied in 2025, against 19.9% statewide in Alabama.

Bank Independent, with 477 applications in 2025 and a denial rate of 10.5%.

The median mortgage application in Lauderdale County in 2025 was for $155,000; the median property value on originated loans was $265,000.