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CSL Financial LLC

Birmingham, AL

CSL Financial LLC processed 10,109 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,011 loans with a 60.3% denial rate. Home Purchase was the primary loan purpose. Based in Birmingham, AL. The approval rate of 10.0% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. CSL Financial LLC's 10.0% origination rate tells you how often an application turned into funded money; the 60.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Unverifiable information, which together explain the majority of rejections. Most activity concentrated in Conventional loans (10,109 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

10,109
Applications
1,011
Originated
60.3%
Denial Rate
$115,813
Avg Loan Amount
Avg Interest Rate: 9.189% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 10,109 1,011 6,100 $115,813

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for CSL Financial LLC (LEI: 5493000V86JDJLM0OV13) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit history
3,775
Debt-to-income ratio
2,332
Unverifiable information
123
Insufficient cash
89
Employment history
70
Collateral
50
Credit application incomplete
34

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 10,109 1,011 $115,813

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 6,506 11.6% 55.4%
Black or African American 2,070 6.3% 73.2%
Joint 206 5.8% 67.5%
American Indian or Alaska Native 154 7.8% 65.6%
Asian 68 13.2% 55.9%
Native Hawaiian or Other Pacific Islander * 24 0.0% 66.7%
2 or more minority races * 18 11.1% 66.7%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 6,923 10.8% 58.8%
Hispanic or Latino 1,443 5.3% 67.5%
Joint 217 9.2% 60.8%

Nearby Lenders in AL

Other HMDA-reporting lenders in AL with similar activity. Compare any two side-by-side.

Regions Bank

BIRMINGHAM, AL

70,436 apps 29,337 originated 39.6% denied

Redstone Federal Credit Union

HUNTSVILLE, AL

5,601 apps 3,166 originated 21.9% denied

Tjc Mortgage INC

BIRMINGHAM, AL

2,788 apps 1,704 originated 3.2% denied

All in Credit Union

DOTHAN, AL

2,355 apps 1,018 originated 32.0% denied

First Federal Bank

TUSCALOOSA, AL

1,877 apps 1,353 originated 4.3% denied
Compare CSL Financial LLC vs Regions Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did CSL Financial LLC process?
CSL Financial LLC processed 10,109 mortgage applications in the 2024 HMDA reporting year. Of these, 1,011 were originated (approved and funded), 2,998 were withdrawn by the applicant, and 6,100 were denied.
What is CSL Financial LLC's mortgage approval rate?
CSL Financial LLC has an approval (origination) rate of 10.0%, meaning 10.0% of all applications resulted in a funded mortgage. The denial rate is 60.3%.
What is the average loan amount at CSL Financial LLC?
The average mortgage loan amount at CSL Financial LLC is $115,813. The average interest rate is 9.189%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at CSL Financial LLC?
The most common reasons for mortgage denial at CSL Financial LLC are: Credit history, Debt-to-income ratio, Unverifiable information. In total, 6,100 applications were denied out of 10,109 total applications.
What types of mortgage loans does CSL Financial LLC offer?
CSL Financial LLC processes Conventional loans. The most common type is Conventional with 10,109 applications and an average loan amount of $115,813.
What loan purposes does CSL Financial LLC serve?
CSL Financial LLC serves the following loan purposes: Home Purchase (10,109 applications). Home Purchase is the most common purpose.
Where is CSL Financial LLC located?
CSL Financial LLC is headquartered in Birmingham, AL. The lender is identified by LEI 5493000V86JDJLM0OV13 in HMDA data.
How does CSL Financial LLC compare in lending across racial demographics?
CSL Financial LLC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 11.6% and denial rate of 55.4%; Black or African American applicants have an approval rate of 6.3% and denial rate of 73.2%; Joint applicants have an approval rate of 5.8% and denial rate of 67.5%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

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 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.