Cherokee County AL
Mortgage Loan Application
Totals and Details
for 2013

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 989
Total Mortgage Loan Application Amount $288,275,000
Average Mortgage Loan Application Amount $291,000
Highest Mortgage Loan Application Amount $70,866,000
Average Applicant Income $61,000
Highest Applicant Income $1,500,000

Mortgage Company List for Lending in Cherokee County AL for 2013

* 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
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 120,420,787,000 113 $ 9,802,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,266,125,000,000 83 $ 11,224,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 68 $ 4,625,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 50 $ 5,557,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 9,716,802,000 32 $ 4,095,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,313,401,000,000 30 $ 3,335,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 29 $ 3,557,000
FIRST FEDERAL BANK, A FSB
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 162,278,000 28 $ 3,807,000
GENERATIONS BANK
1285 CHESNUT BYPASS
CENTRE, AL 35960
* $ 70,207,000 28 $ 1,956,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 23 $ 3,428,000
ALABAMA TEACHERS
702 WALNUT ST
GADSDEN, AL 35901
* $ 226,204,000 22 $ 1,719,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 22 $ 2,297,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 20 $ 723,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 16 $ 1,952,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 178,034,172,000 16 $ 2,391,000
EVABANK
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 340,410,000 14 $ 452,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 13 $ 1,874,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 13 $ 1,794,000
GREATER COMMUNITY BANK
1490 MARTHA BERRY BLVD.; P. O. BOX 529
ROME, GA 30162
* $ 131,482,000 11 $ 1,151,000
UNITED COMMUNITY BANK
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 6,794,846,000 11 $ 940,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 10 $ 972,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ 826,484,000 9 $ 1,362,000
THE SOUTHERN BANK COMPANY
P O BOX 1130
GADSDEN, AL 35902
* $ 103,674,000 9 $ 967,000
FORT MCCLELLAN CREDIT UNION
1731 NOBLE STREET
ANNISTON, AL 36201
* $ 184,055,000 8 $ 1,051,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 8 $ 1,722,000
HOMEOWNERS MORTGAGE OF AMERICA
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 7 $ 803,000
APCO EMPLOYEES
750 17TH STREET NORTH
BIRMINGHAM, AL 35203
* $ 2,305,461,000 7 $ 1,182,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 7 $ 845,000
UNION STATE BANK
2019 COGSWELL AVE
PELL CITY, AL 35125
* $ 251,012,000 7 $ 289,000
COOSA VALLEY CREDIT UNION
2010 REDMOND CIRCLE
ROME, GA 30165
* $ 158,473,000 7 $ 803,000
AMERICAN BANK OF HUNTSVILLE
3301 MEMORIAL PKWY SW
HUNTSVILLE, AL 35801
* $ 159,974,000 6 $ 479,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 6 $ 737,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 6 $ 518,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 5 $ 549,000
THE MORTGAGE OUTLET, INC.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 5 $ 692,000
GMFS LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 5 $ 823,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 5 $ 623,000
SOUTHPOINT BANK
3501 GRANDVIEW PARKWAY
BIRMINGHAM, AL 35243
* $ 207,660,000 5 $ 524,000
GFS CAPITAL
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 5 $ 710,000
HOMETRUST MORTGAGE COMPANY
5353 W ALABAMA, SUITE 500
HOUSTON, TX 77056
* $ 10,000,000 5 $ 800,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 18,212,833,000 5 $ 391,000
DISCOVER HOME LOANS, INC.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 5 $ 738,000
THE EXCHANGE BANK OF ALABAMA
PO BOX 1100
GADSDEN, AL 35902
* $ 233,329,000 4 $ 733,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 14,069,057,000 4 $ 729,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 69,076,722,000 4 $ 409,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 4 $ 270,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 4 $ 901,000
REVERSE MORTGAGE SOLUTIONS INC
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 4 $ 177,141,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 4,169,063,000 4 $ 822,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 4 $ 716,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 3 $ 272,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 3 $ 429,000
MERCHANTS & MARINE BANK
P. O. BOX 729
PASCAGOULA, MS 39568
* $ 572,376,000 3 $ 43,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 209,365,000 3 $ 536,000
PREMIER HOME MORTGAGE, INC.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 3 $ 375,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 3 $ 343,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 3 $ 408,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 15,532,278,000 3 $ 605,000
FIDELITY BANK
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 2,474,447,000 3 $ 581,000
TENNESSEE VALLEY
535 CHESTNUT STREET
CHATTANOOGA, TN 37402
* $ 942,547,000 3 $ 326,000
PEOPLES INDEPENDENT BANK
121 BILLY DYAR BLVD PO BOX 669
BOAZ, AL 35957
* $ 176,668,000 3 $ 465,000
FIRST BANK OF GEORGIA
2743 PERIMETER PKWY BLD 100, SUITE 100
AUGUSTA, GA 30909
* $ 505,919,000 2 $ 573,000
NOBLEBANK & TRUST
1509 QUINTARD AVE
ANNISTON, AL 36201
* $ 171,731,000 2 $ 90,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,247,622,000 2 $ 195,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 2 $ 263,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 169,076,807,000 2 $ 121,000
PINNACLE BANK
1811 2ND AVENUE
JASPER, AL 35501
* $ 208,214,000 2 $ 238,000
LIBERTY BANK
40956 AL HWY 75, PO BOX 187
GERALDINE, AL 35974
* $ 106,767,000 2 $ 73,000
NETWORK FUNDING, L.P.
9700 RICHMOND, SUITE 320
HOUSTON, TX 77042
* $ 43,942,000 2 $ 152,000
AOD FEDERAL CREDIT UNION
334 VICTORY DRIVE
BYNUM, AL 36253
* $ 244,406,000 2 $ 92,000
IMPAC MORTGAGE CORP.
19500 JAMBOREE RD
IRVINE, CA 92612
* $ 32,120,000 2 $ 263,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 2 $ 278,000
CHEAHA BANK
1320 HIGHWAY DRIVE
OXFORD, AL 36203
* $ 179,924,000 2 $ 108,000
CREDIT UNION OF GEORGIA
3048 EAGLE DRIVE
WOODSTOCK, GA 30189
* $ 206,065,000 2 $ 250,000
HOME POINT MORTGAGE ACCEPTANCE CORPORATION
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 2 $ 202,000
LIBERTY HOME EQUITY SOLUTIONS, INC.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 189,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 2 $ 214,000
ROUNDPOINT MORTGAGE COMPANY
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 2 $ 293,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 257,000
CASHCALL, INC.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 1 $ 196,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 194,000
AMERITRUST MORTGAGE INC.
11016 RUSHMORE DRIVE, SUITE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 137,000
CUSO MORTGAGE, INC.
5601 E LA PALMA AVENUE
ANAHEIM, CA 92807
* $ 10,000,000 1 $ 88,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 132,000
QUORUM FEDERAL CREDIT UNION
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ 746,986,000 1 $ 75,000
THE BANK OF LAFAYETTE, GEORGIA
P O BOX 1149
LAFAYETTE, GA 30728
* $ 244,297,000 1 $ 225,000
SOUTHEAST FIRST NATIONAL BANK
P.O. BOX 530, 10144 COMMERCE STREET
SUMMERVILLE, GA 30747
* $ 65,837,000 1 $ 49,000
FAMILY SAVINGS
711 E MEIGHAN BLVD
GADSDEN, AL 35903
* $ 303,211,000 1 $ 31,000
TRUHOME SOLUTIONS, L.L.C.
9601 LEGLER RD
LENEXA, KS 66219
* $ 1,900,000,000 1 $ 87,000
GEORGIA BANKING COMPANY
6190 POWERS FERRY ROAD, SUITE 150
ATLANTA, GA 30339
* $ 361,165,000 1 $ 194,000
STATE BANK AND TRUST COMPANY
4219 FORSYTH ROAD
MACON, GA 31210
* $ 2,662,708,000 1 $ 202,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 270,671,000 1 $ 225,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 173,000
HOMETOWN MORTGAGE SERVICES INC
5511 HWY 280 E STE 210
BIRMINGHAM, AL 35242
* $ 10,000,000 1 $ 79,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 323,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 1 $ 254,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 1 $ 114,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 234,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ 10,000,000 1 $ 90,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 1 $ 200,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 1 $ 268,000
SILVERTON MORTGAGE SPECIALISTS, INC.
1201 PEACHTREE STREET NE STE 2050
ATLANTA, GA 30361
* $ 10,000,000 1 $ 218,000
RESIDENTIAL ACCEPTANCE CORPORATION
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 1 $ 94,000
LSI MORTGAGE PLUS
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 66,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,232,230,000 1 $ 162,000
HAMILTON MORTGAGE CORPORATION
2850 19TH ST S, SUITE 300
BIRMINGHAM, AL 35209
* $ 10,000,000 1 $ 294,000
SOUTHCREST BANK
108 S CHURCH STREET
THOMASTON, GA 30286
* $ 299,771,000 1 $ 90,000
WESTSIDE BANK
56 HIRAM DRIVE
HIRAM, GA 30141
* $ 130,017,000 1 $ 100,000
KEYSTONE BANK
2394 E. UNIVERSITY DR.
AUBURN, AL 36830
* $ 220,165,000 1 $ 60,000
SOUTHERN STATES BANK
615 QUINTARD AVE
ANNISTON, AL 36201
* $ 286,647,000 1 $ 214,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 81,000
AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION
400 US HWY 27 BYPASS
BREMEN, GA 30110
* $ 71,899,000 1 $ 12,000
CERTUSBANK, N.A.
2 WEST WASHINGTON STREET 5TH FLOOR
GREENVILLE, SC 29601
* $ 1,822,137,000 1 $ 122,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,891,810,000 1 $ 40,000
AMERICA'S FIRST
1200 4TH AVENUE NORTH
BIRMINGHAM, AL 35203
* $ 1,261,831,000 1 $ 55,000
ASSOCIATED CREDIT UNION
P.O. BOX 923028
PEACHTREE CORNERS, GA 30092
* $ 1,275,875,000 1 $ 50,000
ALABAMA CENTRAL
3601 4TH AVE S
BIRMINGHAM, AL 35222
* $ 127,685,000 1 $ 100,000
MORTGAGE INVESTORS GROUP, INC.
8320 E. WALKER SPRINGS LANE
KNOXVILLE, TN 37923
* $ 10,000,000 1 $ 190,000
PROSPECT MORTGAGE, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 141,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 250,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 183,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 227,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 127,000
SYNOVUS BANK
PO BOX 120
COLUMBUS, GA 31902
* $ 26,425,077,000 1 $ 22,000
CADENCE BANK
P O BOX 789
TUPELO, MS 38802
* $ 13,390,496,000 1 $ 82,000
AMERIS BANK
300 SOUTH MAIN STREET
MOULTRIE, GA 31768
* $ 3,016,309,000 1 $ 214,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 949,559,000 1 $ 134,000
AMERICAN BANK
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 429,180,000 1 $ 108,000
PRIORITY BANK
PO BOX 1090
OZARK, AR 72959
* $ 94,301,000 1 $ 102,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,864,946,000 1 $ 94,000
HERITAGE FIRST BANK
501 BROAD STREET
ROME, GA 30161
* $ 102,301,000 1 $ 75,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 135,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 1 $ 79,000
MIDWEST BANK
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 412,260,000 1 $ 85,000
HOMESTAR FINANCIAL CORPORATION
332 WASHINGTON STREET, NW
GAINESVILLE, GA 30501
* $ 45,240,000 1 $ 106,000
R.H. LENDING, INC.
6209 COLLEYVILLE BLVD.
COLLEYVILLE, TX 76034
* $ 10,000,000 1 $ 93,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 1 $ 236,000
LENDMARK FINANCIAL SERVICES
223 W NASH ST
WILSON, NC 27893
* $ 43,592,768,000 1 $ 14,000
SYNOVUS MORTGAGE CORPORATION
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 27,908,468,000 1 $ 281,000
TRIUMPH BANK
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 398,597,000 1 $ 41,000
BANK OF THE OZARKS
PO BOX 8811
LITTLE ROCK, AR 72231
* $ 3,893,429,000 1 $ 47,000
METRO BANK
800 MARTIN ST S
PELL CITY, AL 35128
* $ 654,193,000 1 $ 20,000

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 2013

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 600 $254,338,000 $423,000 $70,866,000 $65,000 $800,000
Home Purchase 320 $31,388,000 $98,000 $400,000 $56,000 $1,500,000
Home Improvement 69 $2,549,000 $36,000 $160,000 $50,000 $228,000

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 780 $89,102,000 $114,000 $477,000 $69,000 $1,500,000
Not applicable 110 $189,733,000 $1,724,000 $70,866,000 $15,000 $161,000
Not Provided 59 $5,909,000 $100,000 $332,000 $48,000 $150,000
Black or African American 23 $1,898,000 $82,000 $225,000 $38,000 $108,000
Asian 7 $668,000 $95,000 $119,000 $87,000 $136,000
American Indian or Alaskan Native 5 $421,000 $84,000 $119,000 $47,000 $77,000
Hispanic 5 $544,000 $108,000 $127,000 $46,000 $65,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

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) 771 $85,078,000 $110,000 $477,000 $68,000 $1,500,000
FHA-insured (Federal Housing Administration) 139 $193,180,000 $1,389,000 $70,866,000 $32,000 $133,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 44 $4,299,000 $97,000 $194,000 $32,000 $54,000
VA-guaranteed (Veterans Administration) 35 $5,718,000 $163,000 $431,000 $55,000 $230,000

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 427 $48,702,000 $114,000 $430,000 $73,000 $1,500,000
Application Denied By Financial Institution 226 $21,545,000 $95,000 $477,000 $52,000 $360,000
Loan Purchased By The Institution 162 $196,960,000 $1,215,000 $70,866,000 $30,000 $161,000
Application Approved But Not Accepted 80 $8,049,000 $100,000 $393,000 $70,000 $800,000
Application Withdrawn By Applicant 73 $10,075,000 $138,000 $400,000 $66,000 $213,000
File Closed For Incompleteness 21 $2,944,000 $140,000 $321,000 $99,000 $661,000
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 41 $4,271,000 $104,000 $394,000 $46,000 $129,000
Collateral 21 $2,323,000 $110,000 $236,000 $69,000 $155,000
Debt-To-Income Ratio 15 $1,637,000 $109,000 $278,000 $45,000 $152,000
Credit Application Incomplete 11 $1,322,000 $120,000 $199,000 $91,000 $296,000
Other 9 $1,063,000 $118,000 $477,000 $77,000 $204,000
Unverifiable Information 3 $479,000 $159,000 $200,000 $44,000 $48,000
Insufficient Cash (Downpayment, Closing Cost) 2 $321,000 $160,000 $213,000 $74,000 $97,000
Employment History 1 $60,000 $60,000 $60,000 $34,000 $34,000
Mortgage Insurance Denied 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