Shelby County
Alabama · FIPS 01117
According to CFPB HMDA 2024 application volume among U.S. counties, Shelby County ranks #251 of 3,210, and #5 of 67 in Alabama.
Mortgage lending activity in Shelby County, Alabama based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Shelby County, Alabama saw 11,503 HMDA-reported mortgage applications in 2024. Lenders originated 6,226 of those loans and denied 1,816, producing a denial rate of 15.8% and an approval (origination) rate of 54.1%. The average loan amount was $256,875 at an average note rate of 7.09%, with applicants self-reporting average annual income of $37K. 304 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 6.9x, meaning typical borrowers took on mortgages of about 6.9 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Shelby County
In Shelby County, lead originator Regions Bank funded only 9.7% of 6,226 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 19.3% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Shelby County's 11,503 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Shelby County's $256,875 average loan (deduped against volume peers).
Lenders active in Shelby County
Regions Bank funded 606 of the 6,226 loans originated in Shelby County, 9.7% of the county. 304 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Regions Bank | 606 | 9.7% |
| 2 | United Wholesale Mortgage | 300 | 4.8% |
| 3 | Rocket Mortgage | 293 | 4.7% |
| 4 | Avadian Credit Union | 286 | 4.6% |
| 5 | America'S First Federal Cu | 219 | 3.5% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Shelby County borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Shelby County page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.