Lawrence County, Alabama · 2025

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

144 lenders acted on 1,414 mortgage applications for properties in Lawrence County in 2025. 26.4% were denied (Alabama: 19.9%). Median rate on closed loans 6.75%; median loan $125,000; median property value $235,000.

1.4kApplications
26.4%Denial ratestate 19.9%
6.75%Median ratestate 6.50%
$125,000Median loan
$235,000Median property value

Largest lenders in Lawrence County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 17828 42.1%10.25%
2 21st Mortgage F 12931 44.2%10.47%
3 Regions Bank C 9650 35.4%5.81%
4 Bank Independent B 7646 22.4%6.19%
5 Rocket Mortgage C 6640 25.8%6.43%
6 REDSTONE Federal Credit Union C 6433 29.7%8.13%
7 CB&S Bank C 5333 26.4%6.50%
8 Triad Financial Services D 448 43.2%8.52%
9 Broker Solutions D 3419 8.8%6.75%
10 Mortgage Research Center C 2913 13.8%6.13%
11 EvaBank F 2610 23.1%
12 Loandepot.Com D 2613 23.1%6.99%
13 United Shore Financial Services B 2318 4.4%6.12%
14 SouthPoint Bank B 2217 4.6%6.63%
15 AmeriSave Mortgage D 207 50.0%6.75%
16 Synovus Bank D 1815 0.0%6.25%
17 Freedom Mortgage B 186 11.1%6.25%
18 Pennymac Loan Services C 178 17.7%6.13%
19 FirstBank C 176 41.2%9.74%
20 Spring Eq D 154 46.7%9.18%
21 Newrez D 153 40.0%7.25%
22 Stockton Mortgage D 148 0.0%6.50%
23 Southwest Stage Funding F 132 23.1%8.88%
24 Family Security Credit Union C 138 15.4%6.37%
25 Kind Lending C 1210 16.7%6.25%

Best approval odds in Lawrence County

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

#LenderDecidedDecision denial rate
1Bank Independent6426.6%
2Rocket Mortgage6028.3%
3REDSTONE Federal Credit Union5435.2%
4Regions Bank8938.2%
521st Mortgage9063.3%
6Vanderbilt Mortgage and Finance10869.4%

What Lawrence County borrowers applied for

By loan purpose

Home purchase 780 55% · 26.3% denied
Refinance 192 14% · 16.7% denied
Cash-out refinance 196 14% · 26.5% denied
Home improvement 107 8% · 38.3% denied
Other / HELOC 139 10% · 30.9% denied

By loan type

Conventional 1,053 74% · 30.0% denied
FHA 249 18% · 16.1% denied
VA 86 6% · 16.3% denied
USDA / RHS 26 2% · 11.5% denied

Why applications were denied

Credit history 152 42%
Debt-to-income ratio 74 21%
Incomplete application 36 10%
Unverifiable information 36 10%
Collateral 35 10%
Other 20 6%
Insufficient cash 7 2%

Lawrence County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,28954730.6%7.25%$115,000
20241,34262127.3%6.99%$125,000
20251,41466626.4%6.75%$125,000

Frequently asked questions

26.4% of applications in Lawrence County were denied in 2025, against 19.9% statewide in Alabama.

Vanderbilt Mortgage and Finance, with 178 applications in 2025 and a denial rate of 42.1%.

The median mortgage application in Lawrence County in 2025 was for $125,000; the median property value on originated loans was $235,000.