Largest lenders in Pickens County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | F | 45 | 5 | 46.7% | 8.50% |
| 2 | 21st Mortgage | F | 35 | 3 | 54.3% | 12.20% |
| 3 | West Alabama Bank & Trust | B | 34 | 28 | 8.8% | — |
| 4 | Alabama One | D | 29 | 21 | 13.8% | 7.38% |
| 5 | Triad Financial Services | D | 28 | 12 | 32.1% | 8.06% |
| 6 | BankFirst Financial Services | A | 26 | 22 | 11.5% | 6.38% |
| 7 | First Federal Bank, A | B | 23 | 17 | 4.4% | 6.00% |
| 8 | Rocket Mortgage | C | 22 | 14 | 22.7% | 7.00% |
| 9 | FirstBank | C | 18 | 9 | 11.1% | 8.35% |
| 10 | Movement Mortgage | A | 16 | 15 | 0.0% | 6.63% |
| 11 | Regions Bank | C | 15 | 5 | 40.0% | 7.25% |
| 12 | Mortgage Research Center | C | 13 | 3 | 46.2% | 6.25% |
| 13 | Broker Solutions | D | 12 | 2 | 0.0% | 7.00% |
| 14 | Cadence Bank | B | 11 | 8 | 18.2% | 7.38% |
| 15 | AmeriSave Mortgage | D | 11 | 0 | 72.7% | — |
| 16 | United Community Bank | B | 9 | 6 | 11.1% | 6.50% |
| 17 | New Day Financial | F | 9 | 4 | 11.1% | 7.24% |
| 18 | Freedom Mortgage | B | 7 | 2 | 0.0% | 6.44% |
| 19 | Tammac Holdings | D | 7 | 0 | 42.9% | — |
| 20 | Pennymac Loan Services | C | 6 | 2 | 33.3% | 6.56% |
| 21 | Union Home Mortgage | B | 6 | 6 | 0.0% | 6.63% |
| 22 | Towne Mortgage | B | 6 | 5 | 0.0% | 6.13% |
| 23 | Equity Prime Mortgage | D | 6 | 4 | 0.0% | 6.38% |
| 24 | United Shore Financial Services | B | 6 | 2 | 0.0% | 6.44% |
| 25 | Magnolia Bank | C | 5 | 2 | 0.0% | 6.50% |
What Pickens County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Pickens County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 472 | 205 | 27.5% | 7.00% | $115,000 |
| 2024 | 527 | 205 | 34.9% | 6.99% | $105,000 |
| 2025 | 499 | 243 | 22.4% | 6.75% | $105,000 |
Frequently asked questions
22.4% of applications in Pickens County were denied in 2025, against 19.9% statewide in Alabama.
Vanderbilt Mortgage and Finance, with 45 applications in 2025 and a denial rate of 46.7%.
The median mortgage application in Pickens County in 2025 was for $105,000; the median property value on originated loans was $195,000.