PlainLender

HAMILTON MORTGAGE CORPORATION

BIRMINGHAM, AL

HAMILTON MORTGAGE CORPORATION processed 637 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 506 loans with a 1.6% denial rate. Home Purchase was the primary loan purpose. Based in BIRMINGHAM, AL. The approval rate of 79.4% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. HAMILTON MORTGAGE CORPORATION processed 637 HMDA-reported mortgage applications in 2024, originating 506 loans and denying 10 for a denial rate of 1.6% (applicants themselves withdrew 119 files before a decision). The average loan amount was $193,885 at a 6.432% average note rate, and applicants self-reported an average income of $35,000. The lender reports under LEI 254900XPILOY1LB5CK32 from BIRMINGHAM, AL.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. HAMILTON MORTGAGE CORPORATION's 79.4% origination rate tells you how often an application turned into funded money; the 1.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Insufficient cash, Debt-to-income ratio, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (289 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.

637
Applications
506
Originated
1.6%
Denial Rate
$193,885
Avg Loan Amount
Avg Interest Rate: 6.432% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 289 228 5 $138,183
FHA 251 202 4 $244,960
USDA 69 55 1 $186,449
VA 28 21 0 $329,286

Top loan types — HAMILTON MORTGAGE CORPORATION

Top loan types — HAMILTON MORTGAGE CORPORATION Horizontal bar chart of the top 4 items by value (applications). Top loan types — HAMILTON MORTGAGE CORPORATION Top 4 1. Conventional 289 2. FHA 251 3. USDA 69 4. VA 28 Top 5 loan types by application volume at HAMILTON MORTGAGE CORPORATION (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for HAMILTON MORTGAGE CORPORATION (LEI: 254900XPILOY1LB5CK32) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Insufficient cash
5
Debt-to-income ratio
2
Credit history
2
Collateral
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 574 457 $186,167
Refinancing 63 49 $264,206

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 506 81.4% 1.4%
Black or African American 96 76.0% 2.1%
Joint 17 88.2% 0.0%
Asian 6 50.0% 0.0%
Native Hawaiian or Other Pacific Islander 3 33.3% 33.3%
2 or more minority races 2 0.0% 0.0%

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 577 79.2% 1.6%
Hispanic or Latino 43 81.4% 2.3%
Joint 14 100.0% 0.0%

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 HAMILTON MORTGAGE CORPORATION vs REGIONS BANK →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

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Frequently Asked Questions

How many mortgage applications did HAMILTON MORTGAGE CORPORATION process?
HAMILTON MORTGAGE CORPORATION processed 637 mortgage applications in the 2023 HMDA reporting year. Of these, 506 were originated (approved and funded), 119 were withdrawn by the applicant, and 10 were denied.
What is HAMILTON MORTGAGE CORPORATION's mortgage approval rate?
HAMILTON MORTGAGE CORPORATION has an approval (origination) rate of 79.4%, meaning 79.4% of all applications resulted in a funded mortgage. The denial rate is 1.6%.
What is the average loan amount at HAMILTON MORTGAGE CORPORATION?
The average mortgage loan amount at HAMILTON MORTGAGE CORPORATION is $193,885. The average interest rate is 6.432%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at HAMILTON MORTGAGE CORPORATION?
The most common reasons for mortgage denial at HAMILTON MORTGAGE CORPORATION are: Insufficient cash, Debt-to-income ratio, Credit history. In total, 10 applications were denied out of 637 total applications.
What types of mortgage loans does HAMILTON MORTGAGE CORPORATION offer?
HAMILTON MORTGAGE CORPORATION processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 289 applications and an average loan amount of $138,183.
What loan purposes does HAMILTON MORTGAGE CORPORATION serve?
HAMILTON MORTGAGE CORPORATION serves the following loan purposes: Home Purchase (574 applications), Refinancing (63 applications). Home Purchase is the most common purpose.
Where is HAMILTON MORTGAGE CORPORATION located?
HAMILTON MORTGAGE CORPORATION is headquartered in BIRMINGHAM, AL. The lender is identified by LEI 254900XPILOY1LB5CK32 in HMDA data.
How does HAMILTON MORTGAGE CORPORATION compare in lending across racial demographics?
HAMILTON MORTGAGE CORPORATION reports demographic lending data under HMDA requirements. White applicants have an approval rate of 81.4% and denial rate of 1.4%; Black or African American applicants have an approval rate of 76.0% and denial rate of 2.1%; Joint applicants have an approval rate of 88.2% and denial rate of 0.0%. 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.