Largest lenders in Shelby County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Regions Bank | C | 1,139 | 623 | 27.2% | 4.99% |
| 2 | Rocket Mortgage | C | 484 | 355 | 15.9% | 6.88% |
| 3 | United Shore Financial Services | B | 437 | 343 | 9.4% | 6.13% |
| 4 | America'S First | B | 343 | 251 | 12.2% | 5.75% |
| 5 | Dhi Mortgage Company | B | 341 | 239 | 16.4% | 4.99% |
| 6 | Vanderbilt Mortgage and Finance | F | 337 | 91 | 28.8% | 6.63% |
| 7 | Avadian | A | 336 | 284 | 12.8% | 4.99% |
| 8 | Fairway Independent Mortgage | B | 267 | 209 | 1.5% | 6.63% |
| 9 | FirstBank | C | 260 | 208 | 10.0% | 6.50% |
| 10 | Pennymac Loan Services | C | 211 | 116 | 10.0% | 6.43% |
| 11 | Cadence Bank | B | 206 | 151 | 11.7% | 6.75% |
| 12 | PNC Bank | D | 193 | 97 | 27.5% | 7.76% |
| 13 | Freedom Mortgage | B | 185 | 85 | 13.5% | 6.25% |
| 14 | Guild Mortgage | A | 175 | 113 | 4.6% | 6.50% |
| 15 | Prosperity Home Mortgage | A | 169 | 124 | 3.6% | 6.50% |
| 16 | Renasant Bank | B | 165 | 122 | 7.3% | 6.75% |
| 17 | Movement Mortgage | A | 164 | 115 | 3.1% | 6.63% |
| 18 | Trustmark National Bank | C | 162 | 126 | 6.2% | 6.63% |
| 19 | Loandepot.Com | D | 160 | 70 | 35.6% | 6.93% |
| 20 | Union Home Mortgage | B | 158 | 119 | 2.5% | 6.63% |
| 21 | Newrez | D | 145 | 55 | 11.0% | 6.49% |
| 22 | Fbc Mortgage | B | 142 | 118 | 2.8% | 6.25% |
| 23 | SouthPoint Bank | B | 141 | 109 | 5.0% | 6.38% |
| 24 | Navy Federal Credit Union | D | 138 | 70 | 18.8% | 6.88% |
| 25 | Coastal Community Bank | C | 134 | 39 | 3.0% | 9.24% |
Best approval odds in Shelby County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Assurance Financial Group | 59 | 0.0% |
| 2 | Fairway Independent Mortgage | 214 | 1.9% |
| 3 | Union Home Mortgage | 127 | 3.2% |
| 4 | Fbc Mortgage | 123 | 3.3% |
| 5 | Movement Mortgage | 143 | 3.5% |
| 6 | Coastal Community Bank | 105 | 3.8% |
| 7 | Mortgage Right | 68 | 4.4% |
| 8 | Prosperity Home Mortgage | 133 | 4.5% |
| 9 | Central State Bank | 55 | 5.5% |
| 10 | Guild Mortgage | 141 | 5.7% |
What Shelby County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Shelby County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 9,562 | 5,765 | 18.0% | 6.75% | $195,000 |
| 2024 | 10,195 | 6,239 | 17.8% | 6.75% | $205,000 |
| 2025 | 10,935 | 6,758 | 15.2% | 6.49% | $225,000 |
Frequently asked questions
15.2% of applications in Shelby County were denied in 2025, against 19.9% statewide in Alabama.
Regions Bank, with 1,139 applications in 2025 and a denial rate of 27.2%.
The median mortgage application in Shelby County in 2025 was for $225,000; the median property value on originated loans was $365,000.