# Best Bank Mortgage Lenders in Alabama

**As of:** 2026-06-02

Compare the top banks offering mortgages in Alabama. Data-driven rankings based on rates, fees, and approval rates.

> **Canonical URL:** https://saferate.com/alabama/best-mortgage-lenders/banks


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


## Market Statistics

- **Total Lenders:** 278
- **Total Loans:** 59,046
- **Median Rate Spread:** 0.3489233716475096%

## Top Lenders

| Rank | Lender | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | Trustmark National Bank | 84 | 50 | 85 | 1,916 | Bank |
| 2 | FirstBank | 84 | 50 | 80 | 1,072 | Bank |
| 3 | ServisFirst Bank | 84 | 54 | 82 | 316 | Bank |
| 4 | Bank Independent | 84 | 41 | 83 | 292 | Bank |
| 5 | Truist Bank | 80 | 70 | 68 | 229 | Bank |
| 6 | PNC Bank, National Association | 80 | 71 | 61 | 214 | Bank |
| 7 | BankPlus | 80 | 73 | 71 | 158 | Bank |
| 8 | U.S. Bank National Association | 80 | 75 | 71 | 121 | Bank |
| 9 | Regions Bank | 78 | 41 | 64 | 1,890 | Bank |
| 10 | Cadence Bank | 78 | 47 | 73 | 756 | Bank |
| 11 | SouthState Bank, National Association | 78 | 49 | 73 | 677 | Bank |
| 12 | Synovus Bank | 78 | 56 | 65 | 573 | Bank |
| 13 | SouthPoint Bank | 78 | 47 | 68 | 516 | Bank |
| 14 | Ameris Bank | 78 | 42 | 82 | 386 | Bank |
| 15 | Renasant Bank | 74 | 38 | 81 | 1,328 | Bank |
| 16 | First Federal Bank, A FSB | 74 | 40 | 81 | 1,204 | Bank |
| 17 | Wells Fargo Bank, National Association | 73 | 63 | 59 | 479 | Bank |
| 18 | JPMorgan Chase Bank, National Association | 73 | 49 | 70 | 371 | Bank |
| 19 | First Horizon Bank | 73 | 49 | 68 | 213 | Bank |
| 20 | Colorado Federal Savings Bank | 73 | 73 | 51 | 149 | Bank |
| 21 | Magnolia Bank, Incorporated | 68 | 37 | 82 | 145 | Bank |
| 22 | Community Bank of Mississippi | 68 | 24 | 82 | 135 | Bank |
| 23 | USAA Federal Savings Bank | 66 | 54 | 45 | 380 | Bank |
| 24 | Flagstar Bank, N.A. | 63 | 40 | 76 | 403 | Bank |
| 25 | Plains Commerce Bank | 63 | 37 | 67 | 207 | Bank |
| 26 | Bank of England | 63 | 33 | 64 | 153 | Bank |
| 27 | United Community Bank | 58 | 37 | 53 | 205 | Bank |
| 28 | CB&S Bank, Inc. | 58 | 31 | 48 | 167 | Bank |
| 29 | BankFirst Financial Services | 50 | N/A | 70 | 172 | Bank |
| 30 | River Bank & Trust | 49 | 10 | 45 | 266 | Bank |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within Alabama.

Our composite SafeRate Score is derived using an equal, geometric weighting of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.