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Russell County, Alabama · 2025

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

198 lenders acted on 2,559 mortgage applications for properties in Russell County in 2025. 18.4% were denied (Alabama: 19.9%). Median rate on closed loans 6.50%; median loan $195,000; median property value $255,000.

2.6kApplications
18.4%Denial ratestate 19.9%
6.50%Median ratestate 6.50%
$195,000Median loan
$255,000Median property value

Largest lenders in Russell County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Mortgage Research Center C 212120 14.6%6.25%
2 Rocket Mortgage C 13692 22.1%6.56%
3 Freedom Mortgage B 13567 7.4%6.25%
4 United Shore Financial Services B 13193 12.2%6.12%
5 Vanderbilt Mortgage and Finance F 11225 35.7%7.75%
6 Canopy Mortgage B 10986 0.0%6.13%
7 CMG Mortgage A 10877 4.6%6.13%
8 Navy Federal Credit Union D 10749 24.3%7.65%
9 Pennymac Loan Services C 8335 6.0%5.88%
10 Synovus Bank D 7650 21.1%6.88%
11 AmeriSave Mortgage D 519 74.5%6.50%
12 Ark-La-Tex Financial Services, LLC. A 4840 2.1%6.31%
13 Village Capital & Investment C 4519 15.6%5.75%
14 Newrez D 4515 28.9%6.25%
15 Broker Solutions D 4415 9.1%6.99%
16 Crosscountry Mortgage B 4325 4.7%6.63%
17 New Day Financial F 4313 9.3%6.87%
18 21st Mortgage F 428 52.4%11.27%
19 Loandepot.Com D 3823 31.6%6.49%
20 Regions Bank C 3513 42.9%4.99%
21 Phenix-Girard Bank – 3535 0.0%7.75%
22 Lakeview Loan Servicing C 319 58.1%6.75%
23 Guild Mortgage A 3126 3.2%6.25%
24 Spring Eq D 2610 50.0%9.91%
25 USAA Federal Savings Bank C 238 47.8%6.44%

Best approval odds in Russell County

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

#LenderDecidedDecision denial rate
1Canopy Mortgage860.0%
2CMG Mortgage885.7%
3Freedom Mortgage9210.9%
4United Shore Financial Services11414.0%
5Mortgage Research Center15220.4%
6Rocket Mortgage12923.3%
7Synovus Bank6823.5%
8Navy Federal Credit Union7733.8%
9Vanderbilt Mortgage and Finance6759.7%

What Russell County borrowers applied for

By loan purpose

Home purchase 1,097 43% · 11.8% denied
Refinance 533 21% · 13.0% denied
Cash-out refinance 585 23% · 27.2% denied
Home improvement 141 6% · 39.0% denied
Other / HELOC 203 8% · 28.6% denied

By loan type

Conventional 1,030 40% · 26.9% denied
FHA 365 14% · 15.9% denied
VA 1,153 45% · 11.6% denied
USDA / RHS 11 0% · 9.1% denied

Why applications were denied

Credit history 164 35%
Debt-to-income ratio 101 22%
Incomplete application 78 17%
Collateral 46 10%
Other 43 9%
Unverifiable information 24 5%
Insufficient cash 7 2%
Employment history 2 0%
Mortgage insurance denied 1 0%

Russell County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,9711,02521.6%6.75%$175,000
20242,3421,22021.1%6.63%$185,000
20252,5591,38718.4%6.50%$195,000

Frequently asked questions

18.4% of applications in Russell County were denied in 2025, against 19.9% statewide in Alabama.

Mortgage Research Center, with 212 applications in 2025 and a denial rate of 14.6%.

The median mortgage application in Russell County in 2025 was for $195,000; the median property value on originated loans was $255,000.