Lender in Alabama · HMDA 2025
Bank Independent mortgages in Alabama
Bank Independent's 2025 home-purchase and refinance lending in Alabama, compared with all lenders in the state.
Bank Independent originated 374 owner-occupied single-family loans in Alabama from 442 completed applications.
Its median conventional purchase loan costs were $4,700 versus $4,370 for all Alabama lenders, at a median 30-year fixed rate of 6.375% (Alabama: 6.562%).
Loans in AL
374
of 442 applications
Denial rate
10.8%
Purchase · AL 9.1%
Rate spread
+0.10 pts
Conv. · AL +0.17 pts
Loan amount
$205,000
Purchase · AL $265,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 342 | 290 | 10.8% | 6.375% | +0.10 pts | $4,700 | $205,000 |
| Refinance | 80 | 73 | 7.5% | — | +1.31 pts | $1,150 | $125,000 |
| Cash-out refinance | 20 | 11 | 45.0% | — | — | — | — |
*Conventional loans only; medians with at least 20 loans.
Alabama counties where Bank Independent ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Lauderdale County | 1 | 163 | 12.1% |
| Franklin County | 2 | 25 | 10.5% |
| Colbert County | 3 | 87 | 9.4% |
| Lawrence County | 3 | 17 | 5.1% |
| Morgan County | 15 | 32 | 1.8% |
| Winston County | 18 | 2 | 1.1% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology