Lender in Alabama · HMDA 2025
Rate mortgages in Alabama
Rate's 2025 home-purchase and refinance lending in Alabama, compared with all lenders in the state.
Rate originated 226 owner-occupied single-family loans in Alabama from 274 completed applications.
Its median conventional purchase loan costs were $5,550 versus $4,370 for all Alabama lenders, at a median 30-year fixed rate of 6.875% (Alabama: 6.562%).
Loans in AL
226
of 274 applications
Denial rate
10.3%
Purchase · AL 9.1%
Rate spread
+0.36 pts
Conv. · AL +0.17 pts
Loan amount
$265,000
Purchase · AL $265,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 213 | 187 | 10.3% | 6.875% | +0.36 pts | $5,550 | $265,000 |
| Refinance | 30 | 25 | 13.3% | — | — | — | $275,000 |
| Cash-out refinance | 31 | 14 | 54.8% | — | — | — | — |
*Conventional loans only; medians with at least 20 loans.
Alabama counties where Rate ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Russell County | 17 | 14 | 1.4% |
| Blount County | 17 | 9 | 1.3% |
| Covington County | 17 | 4 | 1.2% |
| Coffee County | 19 | 10 | 1.0% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology