Largest lenders in Monroe County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | 21st Mortgage | F | 46 | 6 | 60.9% | 10.31% |
| 2 | Rocket Mortgage | C | 38 | 24 | 29.0% | 6.38% |
| 3 | Vanderbilt Mortgage and Finance | F | 38 | 5 | 63.2% | 10.75% |
| 4 | Regions Bank | C | 30 | 10 | 56.7% | 6.94% |
| 5 | Trustmark National Bank | C | 19 | 11 | 26.3% | 7.05% |
| 6 | United Shore Financial Services | B | 18 | 11 | 5.6% | 6.89% |
| 7 | A&D Mortgage | C | 17 | 16 | 0.0% | 5.63% |
| 8 | Gulf Winds Credit Union | F | 15 | 8 | 26.7% | 7.69% |
| 9 | United Bank | D | 13 | 7 | 38.5% | — |
| 10 | Freedom Mortgage | B | 13 | 4 | 23.1% | 6.00% |
| 11 | Mortgage Research Center | C | 13 | 1 | 61.5% | 6.50% |
| 12 | AmeriSave Mortgage | D | 12 | 3 | 66.7% | 6.63% |
| 13 | FirstBank | C | 11 | 6 | 18.2% | 8.28% |
| 14 | First Suncoast Trust BancShares | – | 11 | 10 | 9.1% | — |
| 15 | Triad Financial Services | D | 10 | 3 | 30.0% | 8.91% |
| 16 | Broker Solutions | D | 9 | 2 | 22.2% | 6.75% |
| 17 | Fairway Independent Mortgage | B | 8 | 7 | 0.0% | 6.13% |
| 18 | Newrez | D | 8 | 1 | 50.0% | 6.25% |
| 19 | Loandepot.Com | D | 8 | 5 | 37.5% | 6.75% |
| 20 | Cadence Bank | B | 7 | 3 | 42.9% | 7.00% |
| 21 | Pennymac Loan Services | C | 5 | 2 | 20.0% | 5.62% |
| 22 | Movement Mortgage | A | 5 | 5 | 0.0% | 6.50% |
What Monroe County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Monroe County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 479 | 190 | 27.1% | 7.38% | $95,000 |
| 2024 | 447 | 213 | 30.9% | 6.88% | $105,000 |
| 2025 | 477 | 213 | 32.7% | 6.63% | $115,000 |
Frequently asked questions
32.7% of applications in Monroe County were denied in 2025, against 19.9% statewide in Alabama.
21st Mortgage, with 46 applications in 2025 and a denial rate of 60.9%.
The median mortgage application in Monroe County in 2025 was for $115,000; the median property value on originated loans was $185,000.