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Safe Rate's TrueRank Guarantee

Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.

Best Conventional Mortgage Bank Lenders in Alabama

Updated February 6, 2026

Market Overview

Total Lenders

59,046

Total Loans

0.35%

Median Rate Spread

Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Spread	Volume
1	Truist Bank	Exceptional	Strong	Exceptional	Strong	Strong	$1,893	+0.180%	229
2	PNC Bank, National Association	Exceptional	Strong	Exceptional	Strong	Strong	$637	+0.205%	214
3	U.S. Bank National Association	Exceptional	Strong	Exceptional	Strong	Strong	$908	+0.048%	121
4	Trustmark National Bank	Exceptional	Sound	Exceptional	Strong	Exceptional	$1,799	+0.253%	1,916
5	FirstBank	Exceptional	Sound	Exceptional	Strong	Exceptional	$2,257	+0.159%	1,072
6	Cadence Bank	Exceptional	Sound	Exceptional	Strong	Exceptional	$2,104	+0.191%	756
7	SouthState Bank, National Association	Exceptional	Sound	Exceptional	Strong	Exceptional	$2,150	+0.202%	677
8	Wells Fargo Bank, National Association	Exceptional	Strong	Exceptional	Sound	Strong	$2,124	+0.102%	479
9	BankPlus	Exceptional	Strong	Strong	Strong	Strong	$1,307	+0.035%	158
10	Synovus Bank	Strong	Sound	Strong	Strong	Exceptional	$2,321	+0.182%	573
11	Ameris Bank	Strong	Sound	Exceptional	Strong	Strong	$2,171	+0.210%	386
12	JPMorgan Chase Bank, National Association	Strong	Sound	Exceptional	Strong	Strong	$2,411	+0.134%	371
13	ServisFirst Bank	Strong	Sound	Strong	Strong	Exceptional	$1,853	+0.169%	316
14	First Horizon Bank	Strong	Sound	Exceptional	Strong	Strong	$2,038	+0.149%	213
15	Colorado Federal Savings Bank	Strong	Strong	Strong	Sound	Strong	$2,041	+0.000%	149
16	Regions Bank	Strong	Acceptable	Exceptional	Strong	Exceptional	$1,815	+0.363%	1,890
17	Renasant Bank	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,491	+0.261%	1,328
18	Bank Independent	Strong	Acceptable	Strong	Exceptional	Exceptional	$2,807	+0.168%	292
19	First Federal Bank, A FSB	Strong	Acceptable	Strong	Strong	Exceptional	$3,518	+0.138%	1,204
20	Flagstar Bank, N.A.	Strong	Acceptable	Exceptional	Strong	Strong	$2,031	+0.284%	403
21	Plains Commerce Bank	Strong	Acceptable	Exceptional	Strong	Strong	$2,269	+0.486%	207
22	United Community Bank	Strong	Acceptable	Exceptional	Strong	Strong	$2,488	+0.367%	205
23	SouthPoint Bank	Strong	Acceptable	Strong	Sound	Exceptional	$2,350	+0.221%	516
24	USAA Federal Savings Bank	Strong	Sound	Strong	Acceptable	Strong	$1,837	-0.159%	380
25	Magnolia Bank, Incorporated	Strong	Acceptable	Strong	Strong	Strong	$2,821	+0.389%	145
26	Bank of England	Strong	Acceptable	Strong	Sound	Strong	$3,715	+0.669%	153
27	CB&S Bank, Inc.	Sound	Acceptable	Sound	Sound	Strong	$1,640	+0.225%	167
28	Community Bank of Mississippi	Sound	Mediocre	Strong	Strong	Strong	$2,922	+0.554%	135
29	River Bank & Trust	Sound	Mediocre	Sound	Sound	Exceptional	$2,635	+0.605%	266

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 40 Points)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

Place

Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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