First Cahawba Bank

Compiled by PlainLender Editorial, Mortgage Lending Editorial Team · May 16, 2026

Selma, AL

First Cahawba Bank processed 75 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 48 loans with a 18.7% denial rate. Home Purchase was the primary loan purpose. Based in Selma, AL. The approval rate of 64.0% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. First Cahawba Bank's 64.0% origination rate tells you how often an application turned into funded money; the 18.7% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (75 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.

Applications

Originated

18.7%

Denial Rate

$230,333

Avg Loan Amount

Lending Activity

Type	Applications	Originated	Denied	Avg Loan
Conventional	75	48	14	$230,333

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for First Cahawba Bank (LEI: 254900W5FNEFKJ3R5088) · 2024 Accessed 2026-07-26 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose	Applications	Originated	Avg Loan
Home Purchase	51	34	$270,686
Refinancing	18	11	$161,111
Other	6	3	$95,000

Geographic Coverage — Lending by Race

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

Race	Applications	Approval Rate	Denial Rate
White	51	66.7%	17.6%
Black or African American *	9	22.2%	44.4%

* 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	54	59.3%	22.2%
Hispanic or Latino *	6	66.7%	16.7%

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

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

CSL Financial LLC

Birmingham, AL

10,109 apps 1,011 originated 60.3% 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

Compare First Cahawba Bank vs Regions Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First Cahawba Bank process?

First Cahawba Bank processed 75 mortgage applications in the 2024 HMDA reporting year. Of these, 48 were originated (approved and funded), 12 were withdrawn by the applicant, and 14 were denied.

What is First Cahawba Bank's mortgage approval rate?

First Cahawba Bank has an approval (origination) rate of 64.0%, meaning 64.0% of all applications resulted in a funded mortgage. The denial rate is 18.7%.

What is the average loan amount at First Cahawba Bank?

The average mortgage loan amount at First Cahawba Bank is $230,333.

What types of mortgage loans does First Cahawba Bank offer?

First Cahawba Bank processes Conventional loans. The most common type is Conventional with 75 applications and an average loan amount of $230,333.

What loan purposes does First Cahawba Bank serve?

First Cahawba Bank serves the following loan purposes: Home Purchase (51 applications), Refinancing (18 applications), Other (6 applications). Home Purchase is the most common purpose.

Where is First Cahawba Bank located?

First Cahawba Bank is headquartered in Selma, AL. The lender is identified by LEI 254900W5FNEFKJ3R5088 in HMDA data.

How does First Cahawba Bank compare in lending across racial demographics?

First Cahawba Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 66.7% and denial rate of 17.6%; Black or African American applicants have an approval rate of 22.2% and denial rate of 44.4%. 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.