Cherokee County AL
Mortgage Loan Application
Totals and Details
for 2009

Find mortgage statistics and lending data for the Cherokee County AL metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Cherokee County AL, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,208
Total Mortgage Loan Application Amount $158,448,000
Average Mortgage Loan Application Amount $131,000
Highest Mortgage Loan Application Amount $1,401,000
Average Applicant Income $71,000
Highest Applicant Income $1,400,000

Mortgage Company List for Lending in Cherokee County AL for 2009

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,471,631,047,000 95 $ 12,199,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 538,958,000,000 90 $ 12,486,000
REGIONS BANK
1900 5TH AVENUE N - ALBH10903B
BIRMINGHAM, AL 35203
* $ 142,084,005,000 75 $ 8,310,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 9,657,261,000 61 $ 9,530,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 46 $ 5,563,000
UNION STATE BANK
2019 COGSWELL AVE
PELL CITY, AL 35125
* $ 310,068,000 44 $ 3,093,000
FIRST FEDERAL BANK
1300 MCFARLAND BOULEVARD NE
TUSCALOOSA, AL 35406
* $ 138,775,000 42 $ 5,348,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 32,882,574,000 40 $ 6,058,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,746,242,000,000 38 $ 5,908,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 36 $ 5,011,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,227,040,000,000 32 $ 1,914,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 117,978,966,000 31 $ 5,339,000
THE MORTGAGE OUTLET, INC.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 29 $ 2,866,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,098,787,000 29 $ 4,638,000
EVABANK
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 418,020,000 29 $ 894,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 147,483,646,000 28 $ 4,731,000
UNITED COMMUNITY BANK
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 8,574,452,000 21 $ 2,385,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 21 $ 3,248,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 19 $ 2,217,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 18 $ 3,148,000
CITIFINANCIAL CORPORATION
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 17 $ 707,000
ALABAMA TEACHERS
702 WALNUT ST
GADSDEN, AL 35901
* $ 149,175,000 16 $ 1,440,000
NOBLEBANK & TRUST, N.A.
1509 QUINTARD AVENUE
ANNISTON, AL 36201
* $ 127,700,000 15 $ 2,215,000
THE SOUTHERN BANK COMPANY
P O BOX 1130
GADSDEN, AL 35902
* $ 98,246,000 14 $ 2,147,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 12 $ 2,118,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 14,157,838,000 11 $ 1,581,000
SUPERIOR BANK
17 NORTH 20TH STREET
BIRMINGHAM, AL 35203
* $ 3,034,347,000 9 $ 751,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 8 $ 1,072,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 7 $ 1,240,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 7 $ 634,000
MORTGAGEAMERICA, INC.
1800 INTERNATIONAL PARK DR, SUITE 100
BIRMINGHAM, AL 35243
* $ 10,000,000 7 $ 801,000
FAMILY SAVINGS CREDIT UNION
711 EAST MEIGHAN BLVD
GADSDEN, AL 35903
* $ 219,136,000 7 $ 498,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 7 $ 1,004,000
METRO BANK
800 MARTIN ST S
PELL CITY, AL 35128
* $ 518,172,000 7 $ 713,000
LIBERTY BANK
40956 AL HWY 75, PO BOX 187
GERALDINE, AL 35974
* $ 92,972,000 6 $ 137,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 261,775,591,000 6 $ 482,000
BBVA USA
15 SOUTH 20TH STREET
BIRMINGHAM, AL 35233
* $ 62,251,283,000 6 $ 691,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 6 $ 1,205,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 6 $ 609,000
SECURITY ATLANTIC WHOLESALE
499 THORNALL ST, SUITE 220
EDISON, NJ 08837
* $ 10,000,000 5 $ 721,000
FIRST FINANCIAL BANK
214 N WASHINGTON STREET
EL DORADO, AR 71730
* $ 601,167,000 5 $ 3,234,000
THE EXCHANGE BANK OF ALABAMA
PO BOX 1100
GADSDEN, AL 35902
* $ 238,799,000 5 $ 356,000
CRESCENT MORTGAGE COMPANY
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 1,140,194,000 5 $ 824,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 635,476,000,000 5 $ 1,090,000
FIRST BANK OF GEORGIA
2743 PERIMETER PKWY BLD 100, SUITE 100
AUGUSTA, GA 30909
* $ 460,726,000 5 $ 893,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 21,270,147,000 5 $ 689,000
FIRST FEDERAL
2440 MALL DR SUITE 100
NORTH CHARLESTON, SC 29406
* $ 3,009,111,000 5 $ 128,000
SYNOVUS MORTGAGE CORPORATION
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 473,030,000 5 $ 761,000
GREATER COMMUNITY BANK
1490 MARTHA BERRY BLVD.; P. O. BOX 529
ROME, GA 30162
* $ 185,025,000 4 $ 684,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 69,166,325,000 4 $ 630,000
NEW YORK COMMUNITY BANK
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 30,307,736,000 4 $ 675,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 4 $ 730,000
WALKER JACKSON MORTGAGE CORPOR
14501 GEORGE CARTER WAY
CHANTILLY, VA 20151
* $ 292,944,000 3 $ 469,000
HOMEOWNERS MORTGAGE OF AMERICA
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 3 $ 377,000
GMS FUNDING, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 3 $ 282,000
AMERITRUST MORTGAGE INC.
11016 RUSHMORE DRIVE, SUITE 200
CHARLOTTE, NC 28277
* $ 10,000,000 3 $ 526,000
COOSA VALLEY CREDIT UNION
2010 REDMOND CIRCLE
ROME, GA 30165
* $ 113,205,000 3 $ 131,000
GEORGIA B&TC OF AUGUSTA
P O BOX 15367
AUGUSTA, GA 30919
* $ 1,284,796,000 3 $ 655,000
MERRILL LYNCH CREDIT CORP
4500 PARK GRANADA CA7-910-01-24
CALABASAS, CA 91302
* $ 2,223,299,000 3 $ 376,000
UNITY NATIONAL BANK
950 JOE FRANK HARRIS
CARTERSVILLE, GA 30121
* $ 313,256,000 3 $ 278,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 10,273,647,000 3 $ 304,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 3,710,374,000 3 $ 416,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 3 $ 229,000
RBC BANK
131 NORTH CHURCH STREET
ROCKY MOUNT, NC 27804
* $ 30,436,225,000 2 $ 345,000
FIRST NATIONAL BANK OF GEORGIA
201 MAPLE STREET
CARROLLTON, GA 30117
* $ 888,950,000 2 $ 1,586,000
PEOPLES INDEPENDENT BANK
121 BILLY DYAR BLVD PO BOX 669
BOAZ, AL 35957
* $ 165,569,000 2 $ 110,000
FIDELITY BANK
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 1,759,643,000 2 $ 347,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 14,649,039,000 2 $ 104,000
GATEWAY BANK, FSB
2336 MERCED STREET
SAN LEANDRO, CA 94577
* $ 479,176,000 2 $ 167,000
FIRST GEORGIA BANKING COMPANY
100 TOM REEVE DRIVE (PO BOX 2578)
CARRLLTON, GA 30117
* $ 821,212,000 2 $ 338,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 32,584,979,000 2 $ 362,000
AOD FEDERAL CREDIT UNION
334 VICTORY DRIVE
BYNUM, AL 36253
* $ 163,797,000 2 $ 190,000
LIBERTY MORTGAGE CORPORATION
223 W NASH STREET
WILSON, NC 27893
* $ 2,406,088,000 2 $ 457,000
DELTA COMMUNITY CREDIT UNION
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 2,884,364,000 2 $ 272,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,677,931,000 2 $ 106,000
PRIMARY CAPITAL
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 2 $ 526,000
SOUTHERN HIGHLANDS MORTGAGE, L
215 BLUE RIDGE ST. SUITE A
BLAIRSVILLE, GA 30512
* $ 10,000,000 2 $ 303,000
FIRST OPTION MORTGAGE, LLC
3330 CUMBERLAND BLVD SE, SUITE 800
ATLANTA, GA 30339
* $ 941,000 2 $ 468,000
SOUTHEAST MORTGAGE OF GA, INC
3496 CLUB DRIVE
LAWRENCEVILLE, GA 30044
* $ 10,000,000 2 $ 440,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 2 $ 108,000
HAMILTON MORTGAGE
1 INDEPENDENCE PLAZA, SUITE 416
BIRMINGHAM, AL 35209
* $ 10,000,000 2 $ 244,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 2 $ 337,000
AMERICAHOMEKEY, INC
3838 OAK LAWN STE 1050
DALLAS, TX 75219
* $ 10,000,000 1 $ 131,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 96,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 178,000
VANDERBILT MORTGAGE
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 1 $ 32,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 292,000
AMERICAN GENERAL FIN.SERV.(DE)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 1 $ 40,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 111,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 76,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 1 $ 140,000
FARM CREDIT MID-AMERICA, ACA
1601 UPS DRIVE
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 64,000
LSI MORTGAGE PLUS
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 229,000
WR STARKEY MORTGAGE LLP
6101 WEST PLANO PARKWAY
PLANO, TX 75093
* $ 10,000,000 1 $ 179,000
GMFS, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 1 $ 209,000
DFB MORTGAGE, INC.
8444 CAMPBELLTON STREET
DOUGLASVILLE, GA 30134
* $ 10,000,000 1 $ 195,000
ALLEN MORTGAGE, LLC
P.O. BOX 1168
CENTENNIAL PARK, AZ 86021
* $ 10,000,000 1 $ 93,000
MEGASTAR FINANCIAL
1080 CHEROKEE ST
DENVER, CO 80204
* $ 10,000,000 1 $ 158,000
FIRST OHIO BANC & LENDING INC
6100 ROCKSIDE WOODS BLVD
INDEPENDENCE, OH 44131
* $ 10,000,000 1 $ 232,000
NATIONS DIRECT MORTGAGE, LLC
5 HUTTON CENTRE DRIVE, SUITE 200
SANTA ANA, CA 92707
* $ 11,000,000 1 $ 263,000
TMG REAL ESTATE & FINANCIAL
310 W. LIBERTY ST. STE 100
LOUISVILLE, KY 40202
* $ 292,000 1 $ 133,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 217,000
WORLD ALLIANCE FINANCIAL CORP.
3 HUNTINGTON QUADRANGLE SUITE 201N
MELVILLE, NY 11747
* $ 389,397,000 1 $ 148,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 1 $ 122,000
AMERICA'S FIRST
1200 4TH AVENUE NORTH
BIRMINGHAM, AL 35203
* $ 890,957,000 1 $ 68,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 148,000
EASTERN FINANCIAL FCU
8045 N WICKHAM RD
MELBOURNE, FL 32940
* $ 1,638,660,000 1 $ 157,000
PENTAGON FEDERAL CREDIT UNION
14300 SULLYFIELD CIRCLE
CHANTILLY, VA 20151
* $ 12,942,945,000 1 $ 98,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 36,351,625,000 1 $ 91,000
HONDA FEDERAL CREDIT UNION
1919 TORRANCE BLVD
TORRANCE, CA 90509
* $ 508,166,000 1 $ 165,000
CHEAHA BANK
1320 HIGHWAY DRIVE
OXFORD, AL 36203
* $ 164,972,000 1 $ 95,000
CITIZENS BANK & TRUST
711 GUNTER AVENUE
GUNTERSVILLE, AL 35976
* $ 243,245,000 1 $ 160,000
ACCEPTANCE LOAN COMPANY
121 WEST CHURCH STREET
JACKSON, AL 36545
* $ 70,000,000 1 $ 63,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,669,297,000 1 $ 42,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 82,416,721,000 1 $ 184,000
HERITAGE FIRST BANK
1700 TURNER MCCALL BLVD
ROME, GA 30161
* $ 94,946,000 1 $ 51,000
BARTOW COUNTY BANK
301 E CHURCH ST
CARTERSVILLE, GA 30120
* $ 419,398,000 1 $ 165,000
PEOPLES BANK OF ALABAMA
1912 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 491,123,000 1 $ 95,000
CITIZENS FIRST BANK
PO BOX 1313
ROME, GA 30162
* $ 334,536,000 1 $ 3,000
APPALACHIAN COMMUNITY BANK
822 INDUSTRIAL BLVD.
ELLIJAY, GA 30540
* $ 1,101,608,000 1 $ 217,000
NORTHSIDE BANK
7741 ADAIRSVILEL HIGHWAY
ADAIRSVILLE, GA 30103
* $ 145,415,000 1 $ 176,000
LENDMARK FINANCIAL SERVICES
223 W NASH ST
WILSON, NC 27893
* $ 43,592,768,000 1 $ 107,000
GUARANTY TRUST COMPANY
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 1 $ 71,000
SOUTHEAST FIRST NATIONAL BANK
P.O. BOX 530, 10144 COMMERCE STREET
SUMMERVILLE, GA 30747
* $ 53,404,000 1 $ 20,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 53,586,626,000 1 $ 72,000
CBC NATIONAL BANK
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 474,647,000 1 $ 223,000
THE NATIONAL BANK OF GEORGIA
2234 WEST BROAD STREET
ATHENS, GA 30606
* $ 263,717,000 1 $ 128,000
HSBC BANK USA, NA
1 HSBC CENTER - 24TH FLOOR
BUFFALO, NY 14203
* $ 181,604,079,000 1 $ 48,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 3,930,807,000 1 $ 304,000
AUBURNBANK
100 N. GAY STREET
AUBURN, AL 36830
* $ 743,775,000 1 $ 375,000
BANCORPSOUTH BANK
P O BOX 789
TUPELO, MS 38802
* $ 13,488,870,000 1 $ 30,000
BRAND MORTGAGE GROUP, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ 12,000,000 1 $ 166,000
THE BANK OF LAFAYETTE, GEORGIA
P O BOX 1149
LAFAYETTE, GA 30728
* $ 178,723,000 1 $ 109,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Cherokee County AL in 2009

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 842 $124,370,000 $147,000 $1,401,000 $73,000 $1,400,000
Home Purchase 297 $29,657,000 $99,000 $400,000 $61,000 $606,000
Home Improvement 69 $4,421,000 $64,000 $387,000 $88,000 $1,397,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 903 $116,459,000 $128,000 $1,050,000 $74,000 $1,397,000
Not applicable 178 $25,671,000 $144,000 $1,401,000 $51,000 $480,000
Not Provided 83 $11,712,000 $141,000 $417,000 $83,000 $1,400,000
Black or African American 27 $2,238,000 $82,000 $234,000 $38,000 $134,000
Hispanic 8 $782,000 $97,000 $215,000 $72,000 $242,000
Native Hawaiian or Other Pacific Islander 3 $348,000 $116,000 $208,000 $50,000 $60,000
American Indian or Alaskan Native 3 $443,000 $147,000 $311,000 $19,000 $44,000
Asian 3 $795,000 $265,000 $414,000 $316,000 $851,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 883 $115,100,000 $130,000 $1,401,000 $80,000 $1,400,000
FHA-insured (Federal Housing Administration) 276 $35,294,000 $127,000 $276,000 $44,000 $192,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 29 $5,169,000 $178,000 $1,050,000 $61,000 $422,000
VA-guaranteed (Veterans Administration) 20 $2,885,000 $144,000 $264,000 $54,000 $111,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 495 $64,512,000 $130,000 $1,401,000 $84,000 $1,397,000
Loan Purchased By The Institution 294 $41,536,000 $141,000 $417,000 $55,000 $480,000
Application Denied By Financial Institution 236 $26,964,000 $114,000 $860,000 $64,000 $1,400,000
Application Withdrawn By Applicant 113 $15,430,000 $136,000 $417,000 $67,000 $446,000
Application Approved But Not Accepted 36 $4,764,000 $132,000 $287,000 $90,000 $606,000
File Closed For Incompleteness 34 $5,242,000 $154,000 $368,000 $53,000 $146,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 63 $4,270,000 $67,000 $860,000 $55,000 $1,122,000
Collateral 35 $5,001,000 $142,000 $359,000 $119,000 $1,400,000
Debt-To-Income Ratio 27 $3,643,000 $134,000 $273,000 $46,000 $112,000
Other 17 $2,985,000 $175,000 $570,000 $70,000 $180,000
Credit Application Incomplete 11 $1,861,000 $169,000 $324,000 $84,000 $224,000
Insufficient Cash (Downpayment, Closing Cost) 2 $256,000 $128,000 $220,000 $52,000 $84,000
Mortgage Insurance Denied 1 $206,000 $206,000 $206,000 $120,000 $120,000
Unverifiable Information 1 $59,000 $59,000 $59,000 $19,000 $19,000
Employment History 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Alabama, and search similar information back through 2003.

Download the Alabama Lender List