Pike County, Alabama · 2025

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

120 lenders acted on 1,116 mortgage applications for properties in Pike County in 2025. 28.1% were denied (Alabama: 19.9%). Median rate on closed loans 6.75%; median loan $135,000; median property value $235,000.

1.1kApplications
28.1%Denial ratestate 19.9%
6.75%Median ratestate 6.50%
$135,000Median loan
$235,000Median property value

Largest lenders in Pike County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 11932 55.5%9.36%
2 Assurance Financial Group C 8576 0.0%6.25%
3 Troy Bank and Trust B 6962 4.4%7.75%
4 Triad Financial Services D 657 69.2%11.77%
5 MAX Credit Union C 5323 30.2%4.50%
6 Rocket Mortgage C 5233 25.0%6.63%
7 All in Federal Credit Union D 4121 31.7%7.75%
8 Guild Mortgage A 4130 4.9%6.81%
9 Tammac Holdings D 351 88.6%11.05%
10 Mortgage Research Center C 3118 9.7%6.25%
11 Vanderbilt Mortgage and Finance F 314 48.4%10.75%
12 Regions Bank C 2612 46.2%7.31%
13 United Shore Financial Services B 2514 32.0%6.13%
14 Dhi Mortgage Company B 259 36.0%4.75%
15 Renasant Bank B 2018 10.0%6.69%
16 Crosscountry Mortgage B 1912 0.0%6.58%
17 Guardian Credit Union D 174 64.7%6.88%
18 Pennymac Loan Services C 153 20.0%7.00%
19 FirstBank C 141 57.1%8.24%
20 Zippy Loans D 139 23.1%10.55%
21 Movement Mortgage A 1312 0.0%6.59%
22 AmeriSave Mortgage D 124 58.3%8.13%
23 New Day Financial F 122 33.3%6.49%
24 Freedom Mortgage B 123 8.3%6.75%
25 Trustmark National Bank C 1210 0.0%6.00%

Best approval odds in Pike County

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

#LenderDecidedDecision denial rate
1Assurance Financial Group760.0%
2Troy Bank and Trust654.6%
321st Mortgage9867.4%
4Triad Financial Services6569.2%

What Pike County borrowers applied for

By loan purpose

Home purchase 669 60% · 30.3% denied
Refinance 157 14% · 17.2% denied
Cash-out refinance 164 15% · 24.4% denied
Home improvement 62 6% · 35.5% denied
Other / HELOC 64 6% · 34.4% denied

By loan type

Conventional 783 70% · 33.5% denied
FHA 206 18% · 17.0% denied
VA 111 10% · 14.4% denied
USDA / RHS 16 1% · 6.3% denied

Why applications were denied

Credit history 153 49%
Debt-to-income ratio 76 24%
Incomplete application 21 7%
Other 21 7%
Collateral 17 5%
Insufficient cash 11 4%
Unverifiable information 8 3%
Employment history 4 1%

Pike County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202386241528.9%7.13%$135,000
202496251226.7%6.88%$125,000
20251,11655928.1%6.75%$135,000

Frequently asked questions

28.1% of applications in Pike County were denied in 2025, against 19.9% statewide in Alabama.

21st Mortgage, with 119 applications in 2025 and a denial rate of 55.5%.

The median mortgage application in Pike County in 2025 was for $135,000; the median property value on originated loans was $235,000.