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Montgomery County, Alabama · 2025

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

324 lenders acted on 8,331 mortgage applications for properties in Montgomery County in 2025. 20.9% were denied (Alabama: 19.9%). Median rate on closed loans 6.62%; median loan $145,000; median property value $235,000.

8.3kApplications
20.9%Denial ratestate 19.9%
6.62%Median ratestate 6.50%
$145,000Median loan
$235,000Median property value

Largest lenders in Montgomery County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Guild Mortgage A 555394 2.3%6.63%
2 Regions Bank C 495179 49.5%5.88%
3 MAX Credit Union C 440247 26.1%4.50%
4 Rocket Mortgage C 364223 23.6%6.63%
5 Trustmark National Bank C 330192 24.9%6.19%
6 United Shore Financial Services B 310210 12.9%6.49%
7 Renasant Bank B 266192 3.4%6.13%
8 Navy Federal Credit Union D 23893 28.6%7.00%
9 Crosscountry Mortgage B 237149 2.1%6.58%
10 Mortgage Research Center C 223106 19.3%6.25%
11 Kiavi Funding D 21777 1.8%9.13%
12 Dhi Mortgage Company B 18999 27.5%4.99%
13 Guardian Credit Union D 17760 53.7%7.25%
14 Fairway Independent Mortgage B 174126 4.6%6.63%
15 Movement Mortgage A 164118 5.5%6.63%
16 21st Mortgage F 15915 57.2%11.23%
17 Freedom Mortgage B 14157 7.8%6.25%
18 Pennymac Loan Services C 12968 14.7%6.69%
19 PNC Bank D 11943 41.2%7.98%
20 New Day Financial F 11525 18.3%6.49%
21 Newrez D 11030 30.0%6.63%
22 Synovus Bank D 10467 12.5%6.63%
23 CMG Mortgage A 9777 9.3%6.56%
24 River Bank & Trust A 8875 2.3%7.25%
25 Loandepot.Com D 8740 34.5%6.87%

Best approval odds in Montgomery County

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

#LenderDecidedDecision denial rate
1River Bank & Trust782.6%
2Guild Mortgage4512.9%
3Crosscountry Mortgage1583.2%
4Renasant Bank2014.5%
5Kiavi Funding834.8%
6Fairway Independent Mortgage1375.8%
7Movement Mortgage1496.0%
8CMG Mortgage8810.2%
9Freedom Mortgage8812.5%
10Bpl Mortgage Trust7112.7%

What Montgomery County borrowers applied for

By loan purpose

Home purchase 4,053 49% · 13.1% denied
Refinance 1,233 15% · 16.3% denied
Cash-out refinance 1,716 21% · 28.4% denied
Home improvement 656 8% · 39.5% denied
Other / HELOC 673 8% · 39.4% denied

By loan type

Conventional 5,279 63% · 23.7% denied
FHA 1,661 20% · 19.3% denied
VA 1,375 17% · 12.3% denied
USDA / RHS 16 0% · 12.5% denied

Why applications were denied

Credit history 641 37%
Debt-to-income ratio 438 25%
Collateral 227 13%
Incomplete application 188 11%
Other 116 7%
Unverifiable information 68 4%
Insufficient cash 46 3%
Employment history 15 1%

Montgomery County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20236,5863,49520.9%6.88%$135,000
20247,8024,22122.4%6.75%$135,000
20258,3314,34120.9%6.62%$145,000

Frequently asked questions

20.9% of applications in Montgomery County were denied in 2025, against 19.9% statewide in Alabama.

Guild Mortgage, with 555 applications in 2025 and a denial rate of 2.3%.

The median mortgage application in Montgomery County in 2025 was for $145,000; the median property value on originated loans was $235,000.