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refinance lenders · HMDA 2023–2025

Refinance lenders in Alabama

Fat Boy Data analyzed mortgage 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. 29,385 applications were decided by 482 lenders between 2023 and 2025.

Alabama at a glance

482Active lenders138 with 20+ decisions
77.5%Market approval rate22,776 of 29,385 decided
$205KTypical loanmedian lender, $10K brackets
92%Borrower take-up20,858 loans funded

How Alabama compares

Approval rate compared
Alabama77.5%All 616 counties76.5%
Typical loan compared
Alabama$205KAll 616 counties$295K

What the data shows

Regions Bank made the most mortgage refinances in Alabama, 2,644 of them.

Mortgage Investors Group, Inc. approved the highest share of applications among lenders with at least 20 decisions here, 99% of 129.

The typical mortgage refinance here is $205K, 31% smaller than the the United States typical of $295K.

Approval rate of all 60 lenders with 20+ decisions here
0%25%50%75%100%One lender: 12% approved of 89One lender: 14% approved of 96One lender: 29% approved of 437One lender: 42% approved of 125One lender: 54% approved of 492One lender: 56% approved of 578One lender: 59% approved of 262One lender: 63% approved of 152One lender: 65% approved of 103One lender: 65% approved of 382One lender: 66% approved of 87Regions Bank: 68% approved of 4,399One lender: 68% approved of 167One lender: 69% approved of 145One lender: 69% approved of 120One lender: 69% approved of 1,373One lender: 70% approved of 86One lender: 72% approved of 293One lender: 72% approved of 233One lender: 73% approved of 302One lender: 74% approved of 89One lender: 76% approved of 182One lender: 76% approved of 88One lender: 76% approved of 156One lender: 77% approved of 117One lender: 77% approved of 92One lender: 78% approved of 656One lender: 79% approved of 105One lender: 81% approved of 371Rocket Mortgage, LLC: 81% approved of 1,701One lender: 81% approved of 533One lender: 82% approved of 93Redstone Federal Credit Union: 82% approved of 1,747One lender: 83% approved of 93One lender: 84% approved of 195One lender: 85% approved of 85One lender: 85% approved of 412One lender: 86% approved of 220One lender: 86% approved of 199One lender: 87% approved of 369One lender: 87% approved of 86One lender: 88% approved of 105United Wholesale Mortgage, LLC: 88% approved of 1,888One lender: 88% approved of 256One lender: 90% approved of 174One lender: 90% approved of 146One lender: 90% approved of 836One lender: 90% approved of 111One lender: 90% approved of 183One lender: 91% approved of 88One lender: 91% approved of 533One lender: 91% approved of 93One lender: 92% approved of 87One lender: 94% approved of 181One lender: 96% approved of 138One lender: 96% approved of 321Freedom Mortgage Corporation: 97% approved of 1,377One lender: 98% approved of 102One lender: 99% approved of 177One lender: 99% approved of 129

Each dot is one lender, placed at its approval rate. Hover for the sample size; the 5 largest lenders are named, the rest are behind the unlock.

Refinance lenders in Alabama

LenderApprovalApprovedTaken upTypical loanLoans made
1Regions Bank68%2,972 / 4,39989%$95K2,644
2United Wholesale Mortgage, LLCBroker only88%1,655 / 1,88894%$315K1,555
3Redstone Federal Credit Union82%1,436 / 1,74794%$95K1,348
4Rocket Mortgage, LLC81%1,376 / 1,70191%$255K1,254
5Freedom Mortgage Corporation97%1,338 / 1,37777%$285K1,030

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

Fat Boy found 477 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest mortgage refinance lenders in Alabama. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

  • Every lender in the market
  • Approval rate and borrower take-up
  • Typical loan size and range
  • Nearest office and distance
  • Branch count and application options
  • How easy each lender is to reach

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