# Best FHA Mortgage Bank Lenders in Alabama

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

Compare the top banks for FHA loans in Alabama.

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


> **📋 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 | First Federal Bank, A FSB | 89 | 63 | 79 | 1,204 | Bank |
| 2 | Cadence Bank | 89 | 71 | 69 | 756 | Bank |
| 3 | ServisFirst Bank | 89 | 82 | 63 | 316 | Bank |
| 4 | SouthState Bank, National Association | 85 | 65 | 65 | 677 | Bank |
| 5 | Synovus Bank | 85 | 68 | 66 | 573 | Bank |
| 6 | SouthPoint Bank | 85 | 76 | 80 | 516 | Bank |
| 7 | Trustmark National Bank | 83 | 58 | 78 | 1,916 | Bank |
| 8 | Renasant Bank | 83 | 51 | 79 | 1,328 | Bank |
| 9 | FirstBank | 83 | 56 | 78 | 1,072 | Bank |
| 10 | First Horizon Bank | 80 | 60 | 63 | 213 | Bank |
| 11 | Community Bank of Mississippi | 80 | 73 | 78 | 135 | Bank |
| 12 | Flagstar Bank, N.A. | 79 | 58 | 71 | 403 | Bank |
| 13 | Ameris Bank | 79 | 50 | 78 | 386 | Bank |
| 14 | Bank Independent | 79 | 67 | 57 | 292 | Bank |
| 15 | Plains Commerce Bank | 79 | 47 | 66 | 207 | Bank |
| 16 | BankPlus | 79 | 90 | 57 | 158 | Bank |
| 17 | Bank of England | 79 | 45 | 70 | 153 | Bank |
| 18 | Regions Bank | 77 | 60 | 59 | 1,890 | Bank |
| 19 | Truist Bank | 74 | 75 | 53 | 229 | Bank |
| 20 | PNC Bank, National Association | 74 | 62 | 56 | 214 | Bank |
| 21 | United Community Bank | 74 | 51 | 64 | 205 | Bank |
| 22 | Magnolia Bank, Incorporated | 74 | 48 | 74 | 145 | Bank |
| 23 | Wells Fargo Bank, National Association | 69 | 57 | 42 | 479 | Bank |
| 24 | JPMorgan Chase Bank, National Association | 69 | 59 | 47 | 371 | Bank |
| 25 | BankFirst Financial Services | 57 | N/A | 75 | 172 | 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. **Product Knowledge:** Evaluates the lender's specific experience and volume originating the selected loan product.
4. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.