Lee County, Alabama · 2025

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

345 lenders acted on 7,751 mortgage applications for properties in Lee County in 2025. 16.2% were denied (Alabama: 19.9%). Median rate on closed loans 6.59%; median loan $225,000; median property value $355,000.

7.8kApplications
16.2%Denial ratestate 19.9%
6.59%Median ratestate 6.50%
$225,000Median loan
$355,000Median property value

Largest lenders in Lee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Vanderbilt Mortgage and Finance F 627131 40.8%7.63%
2 CMG Mortgage A 465392 1.3%6.50%
3 Rocket Mortgage C 376275 14.9%6.50%
4 United Shore Financial Services B 247189 8.9%6.13%
5 River Bank & Trust A 235207 2.6%7.50%
6 Mortgage Research Center C 214102 14.5%6.25%
7 Pennymac Loan Services C 210144 7.1%6.62%
8 Renasant Bank B 209182 1.9%6.63%
9 Regions Bank C 20598 36.1%4.99%
10 Canopy Mortgage B 199154 0.5%6.25%
11 Freedom Mortgage B 19897 4.6%6.00%
12 Trustmark National Bank C 173158 2.3%6.50%
13 Navy Federal Credit Union D 15158 23.8%8.18%
14 Guild Mortgage A 147108 0.0%6.38%
15 Crosscountry Mortgage B 145104 2.8%6.63%
16 SouthState Bank B 14086 27.1%7.15%
17 21st Mortgage F 12927 45.7%10.06%
18 PNC Bank D 11563 23.5%7.76%
19 ServisFirst Bank A 11597 2.6%6.88%
20 Movement Mortgage A 11369 7.1%6.25%
21 MAX Credit Union C 11273 18.8%4.50%
22 Synovus Bank D 10873 13.9%7.25%
23 Newrez D 10237 14.7%6.13%
24 AuburnBank C 8876 5.7%
25 Cadence Bank B 8560 12.9%7.25%

Best approval odds in Lee County

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

#LenderDecidedDecision denial rate
1Guild Mortgage1200.0%
2Canopy Mortgage1550.7%
3Amerihome Mortgage Company731.4%
4CMG Mortgage4201.4%
5Coastal Community Bank601.7%
6Filo Mortgage561.8%
7Renasant Bank1892.1%
8Trustmark National Bank1632.5%
9River Bank & Trust2162.8%
10ServisFirst Bank1003.0%

What Lee County borrowers applied for

By loan purpose

Home purchase 4,227 55% · 12.4% denied
Refinance 1,093 14% · 12.6% denied
Cash-out refinance 1,152 15% · 21.8% denied
Home improvement 550 7% · 25.3% denied
Other / HELOC 729 9% · 27.3% denied

By loan type

Conventional 5,318 69% · 18.2% denied
FHA 1,085 14% · 14.3% denied
VA 1,309 17% · 9.7% denied
USDA / RHS 39 1% · 2.6% denied

Why applications were denied

Credit history 423 34%
Debt-to-income ratio 311 25%
Incomplete application 156 13%
Collateral 150 12%
Unverifiable information 105 8%
Other 67 5%
Insufficient cash 22 2%
Employment history 10 1%

Lee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20236,0683,62618.5%6.88%$195,000
20246,7694,06418.0%6.63%$205,000
20257,7514,65316.2%6.59%$225,000

Frequently asked questions

16.2% of applications in Lee County were denied in 2025, against 19.9% statewide in Alabama.

Vanderbilt Mortgage and Finance, with 627 applications in 2025 and a denial rate of 40.8%.

The median mortgage application in Lee County in 2025 was for $225,000; the median property value on originated loans was $355,000.