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cash-out refinance lenders · HMDA 2023–2025

Cash-out refinance lenders in Alabama

Fat Boy Data analyzed cash-out refinance activity in Alabama to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 36,329 applications were decided by 444 lenders between 2023 and 2025.

Alabama at a glance

444Active lenders139 with 20+ decisions
64.9%Market approval rate23,581 of 36,329 decided
$155KTypical loanmedian lender, $10K brackets
94%Borrower take-up22,218 loans funded

How Alabama compares

Approval rate compared
Alabama64.9%All 616 counties68.2%
Typical loan compared
Alabama$155KAll 616 counties$155K

What the data shows

Rocket Mortgage, LLC made the most cash-out refinances in Alabama, 5,922 of them.

That is 27% of every cash-out refinance originated here, so this market is unusually concentrated in one lender.

Reliance First Capital, LLC approved the highest share of applications among lenders with at least 20 decisions here, 96% of 124.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%Mortgage Research Center, LLC: 18% approved of 698Amerisave Mortgage Corporation: 24% approved of 2,618Lakeview Loan Servicing, LLC: 32% approved of 476Spring Eq, LLC: 38% approved of 127American Financing Corporation: 39% approved of 244Carrington Mortgage Services, LLC: 42% approved of 1,286New Day Financial, LLC: 45% approved of 1,082Keesler: 48% approved of 80Newrez LLC: 49% approved of 1,078New American Funding, LLC: 51% approved of 398Plaza Home Mortgage, Inc.: 51% approved of 82Village Capital & Investment LLC: 53% approved of 403Cadence Bank: 54% approved of 85Wells Fargo Bank, National Association: 55% approved of 481USAA Federal Savings Bank: 56% approved of 98Loandepot.Com, LLC: 56% approved of 1,341Mutual of Omaha Mortgage, Inc.: 58% approved of 337Navy Federal Credit Union: 62% approved of 437PNC Bank, National Association: 62% approved of 110Prosperity Home Mortgage, LLC: 63% approved of 114Regions Bank: 63% approved of 649Guardian Credit Union: 64% approved of 381Sun West Mortgage Company, Inc.: 65% approved of 79Manufacturers and Traders Trust Company: 65% approved of 82Lower, LLC: 68% approved of 93MAX Credit Union: 68% approved of 471Advantagefirst Lending Inc.: 69% approved of 128Trustmark Bank: 70% approved of 102Freedom Mortgage Corporation: 71% approved of 1,373Flagstar Bank, National Association: 71% approved of 184All In Federal Credit Union: 71% approved of 139Redstone Federal Credit Union: 72% approved of 602Pennymac Loan Services, LLC: 72% approved of 991New Horizons Credit Union: 73% approved of 183Onity Mortgage Corporation: 73% approved of 110GoodLeap, LLC: 73% approved of 615Fairway Independent Mortgage Corporation: 74% approved of 116United Wholesale Mortgage, LLC: 75% approved of 2,046Tyndall Federal Credit Union: 76% approved of 141The Federal Savings Bank: 76% approved of 272JPMorgan Chase Bank, National Association: 77% approved of 124Rocket Mortgage, LLC: 78% approved of 7,914Alabama Credit Union: 78% approved of 94Equity Prime Mortgage LLC: 79% approved of 134Stockton Mortgage Corporation: 80% approved of 122Planet Home Lending, LLC: 81% approved of 150Alabama One: 82% approved of 211Nationstar Mortgage LLC: 82% approved of 875Avadian: 82% approved of 105Crosscountry Mortgage, LLC: 83% approved of 152Auburn University Credit Union: 83% approved of 131Magnolia Bank, Incorporated: 86% approved of 83FirstBank: 86% approved of 122America's First: 86% approved of 175Guild Mortgage Company LLC: 87% approved of 218Gmfs LLC: 91% approved of 95Renasant Bank: 93% approved of 166Movement Mortgage, LLC: 95% approved of 202Reliance First Capital, LLC: 96% approved of 124Coastal Community Bank: 97% approved of 91

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Cash-out refinance lenders in Alabama

LenderApprovalApprovedTaken upTypical loanLoans made
1Rocket Mortgage, LLC78%6,133 / 7,91497%$155K5,922
2Amerisave Mortgage Corporation24%620 / 2,61897%$105K603
3United Wholesale Mortgage, LLCBroker only75%1,544 / 2,04697%$215K1,502
4Freedom Mortgage Corporation71%975 / 1,37397%$215K944
5Loandepot.Com, LLC56%757 / 1,34197%$195K736

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 439 more lenders.

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Other lending data for Alabama

Counties in Alabama