Largest lenders in Marshall County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | REDSTONE Federal Credit Union | C | 272 | 179 | 15.4% | 8.13% |
| 2 | Canopy Mortgage | B | 216 | 147 | 0.5% | 6.38% |
| 3 | Vanderbilt Mortgage and Finance | F | 216 | 23 | 47.7% | 10.25% |
| 4 | Rocket Mortgage | C | 175 | 113 | 23.4% | 6.63% |
| 5 | Regions Bank | C | 168 | 83 | 35.1% | 4.99% |
| 6 | United Shore Financial Services | B | 156 | 114 | 9.0% | 6.13% |
| 7 | Family Savings Credit Union | B | 143 | 140 | 1.4% | 6.50% |
| 8 | 21st Mortgage | F | 133 | 34 | 42.9% | 10.21% |
| 9 | Unnamed lender 2549005Z23HAAZ6QDM98 | B | 105 | 84 | 0.0% | 6.13% |
| 10 | Cadence Bank | B | 84 | 59 | 20.2% | 7.50% |
| 11 | Liberty Bank | A | 83 | 81 | 0.0% | — |
| 12 | Mortgage Research Center | C | 79 | 40 | 19.0% | 6.25% |
| 13 | Mortgage Right | C | 59 | 52 | 1.7% | 6.31% |
| 14 | Pennymac Loan Services | C | 57 | 28 | 10.5% | 6.00% |
| 15 | Renasant Bank | B | 54 | 47 | 5.6% | 6.50% |
| 16 | Broker Solutions | D | 43 | 16 | 11.6% | 6.75% |
| 17 | Citizens Bank & Trust | D | 41 | 35 | 4.9% | 7.00% |
| 18 | First Federal Bank, A | B | 40 | 30 | 2.5% | 5.88% |
| 19 | Newrez | D | 40 | 12 | 20.0% | 6.00% |
| 20 | FirstBank | C | 39 | 17 | 41.0% | 6.88% |
| 21 | Freedom Mortgage | B | 39 | 18 | 5.1% | 6.25% |
| 22 | Fairway Independent Mortgage | B | 36 | 27 | 2.8% | 6.75% |
| 23 | GMFS | A | 36 | 26 | 0.0% | 6.31% |
| 24 | Navy Federal Credit Union | D | 36 | 21 | 16.7% | 6.63% |
| 25 | Hamilton Mortgage | B | 36 | 33 | 0.0% | 6.13% |
Best approval odds in Marshall County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Liberty Bank | 81 | 0.0% |
| 2 | Unnamed lender 2549005Z23HAAZ6QDM98 | 84 | 0.0% |
| 3 | Canopy Mortgage | 150 | 0.7% |
| 4 | Family Savings Credit Union | 142 | 1.4% |
| 5 | Mortgage Right | 53 | 1.9% |
| 6 | Renasant Bank | 51 | 5.9% |
| 7 | United Shore Financial Services | 133 | 10.5% |
| 8 | REDSTONE Federal Credit Union | 232 | 18.1% |
| 9 | Cadence Bank | 79 | 21.5% |
| 10 | Rocket Mortgage | 159 | 25.8% |
What Marshall County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Marshall County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 3,242 | 1,838 | 20.0% | 6.99% | $145,000 |
| 2024 | 3,436 | 1,999 | 18.4% | 6.88% | $155,000 |
| 2025 | 3,732 | 2,206 | 17.5% | 6.50% | $175,000 |
Frequently asked questions
17.5% of applications in Marshall County were denied in 2025, against 19.9% statewide in Alabama.
REDSTONE Federal Credit Union, with 272 applications in 2025 and a denial rate of 15.4%.
The median mortgage application in Marshall County in 2025 was for $175,000; the median property value on originated loans was $275,000.