Largest lenders in Marengo County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | F | 106 | 14 | 40.6% | 10.63% |
| 2 | 21st Mortgage | F | 58 | 6 | 62.1% | 11.72% |
| 3 | Triad Financial Services | D | 42 | 9 | 35.7% | 8.67% |
| 4 | Rocket Mortgage | C | 35 | 25 | 11.4% | 6.88% |
| 5 | Trustmark National Bank | C | 30 | 22 | 10.0% | 7.00% |
| 6 | Regions Bank | C | 24 | 6 | 50.0% | 5.87% |
| 7 | FirstBank | C | 15 | 3 | 46.7% | 9.54% |
| 8 | United Shore Financial Services | B | 14 | 8 | 28.6% | 6.37% |
| 9 | Robertson Banking | – | 13 | 9 | 15.4% | — |
| 10 | Alabama One | D | 10 | 6 | 30.0% | 6.69% |
| 11 | Newrez | D | 10 | 2 | 30.0% | 8.00% |
| 12 | AmeriSave Mortgage | D | 8 | 1 | 75.0% | 8.25% |
| 13 | First Federal Bank, A | B | 8 | 8 | 0.0% | 6.19% |
| 14 | Plains Commerce Bank | B | 8 | 6 | 0.0% | 6.38% |
| 15 | Mortgage Research Center | C | 8 | 5 | 25.0% | 6.63% |
| 16 | Loandepot.Com | D | 8 | 4 | 50.0% | 6.87% |
| 17 | Navy Federal Credit Union | D | 8 | 1 | 50.0% | 5.75% |
| 18 | Pennymac Loan Services | C | 6 | 4 | 16.7% | 5.50% |
| 19 | New Day Financial | F | 6 | 3 | 16.7% | 6.99% |
| 20 | Freedom Mortgage | B | 5 | 2 | 20.0% | 6.19% |
| 21 | Tammac Holdings | D | 5 | 0 | 80.0% | — |
Best approval odds in Marengo County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | 64 | 67.2% |
What Marengo County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Marengo County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 427 | 172 | 30.9% | 7.13% | $105,000 |
| 2024 | 417 | 162 | 33.6% | 6.99% | $105,000 |
| 2025 | 533 | 191 | 32.1% | 6.88% | $105,000 |
Frequently asked questions
32.1% of applications in Marengo County were denied in 2025, against 19.9% statewide in Alabama.
Vanderbilt Mortgage and Finance, with 106 applications in 2025 and a denial rate of 40.6%.
The median mortgage application in Marengo County in 2025 was for $105,000; the median property value on originated loans was $190,000.