Cherokee County AL
Mortgage Loan Application
Totals and Details
for 2019

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 957
Total Mortgage Loan Application Amount $131,275,000
Average Mortgage Loan Application Amount $137,000
Highest Mortgage Loan Application Amount $965,000
Average Applicant Income $77,000
Highest Applicant Income $1,385,000

Mortgage Company List for Lending in Cherokee County AL for 2019

* 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
* $ 124,716,588,000 88 $ 9,020,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 50 $ 3,700,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 48 $ 3,740,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,689,351,000,000 36 $ 5,640,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 13,284,058,000 32 $ 5,490,000
ACOPIA, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ -1,000 29 $ 5,115,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 29 $ 4,705,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 26 $ 4,320,000
ALABAMA TEACHERS
702 WALNUT ST
GADSDEN, AL 35901
* $ 302,816,000 26 $ 2,840,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 25 $ 4,165,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 24 $ 4,490,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 22 $ 2,390,000
MORTGAGE INVESTORS GROUP, INC.
8320 E. WALKER SPRINGS LANE
KNOXVILLE, TN 37923
* $ -1,000 18 $ 3,310,000
UNITED COMMUNITY BANK
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 12,548,727,000 17 $ 1,925,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 12 $ 2,130,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 12 $ 2,050,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 12 $ 2,180,000
EVABANK
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 371,717,000 11 $ 815,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 11 $ 2,065,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 12,915,178,000 11 $ 1,835,000
FIRST FEDERAL BANK, A FSB
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 124,485,000 11 $ 1,995,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 5,133,339,000 10 $ 1,090,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 10 $ 2,010,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 10 $ 1,240,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 219,071,000,000 10 $ 1,050,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 9 $ 1,645,000
AMERIS BANK
300 SOUTH MAIN STREET
MOULTRIE, GA 31768
* $ 11,357,345,000 9 $ 1,935,000
HOMESTAR FINANCIAL CORPORATION
332 WASHINGTON STREET, NW
GAINESVILLE, GA 30501
* $ -1,000 8 $ 1,470,000
FARMERS AND MERCHANTS BANK
112 E LADIGA STREET
PIEDMONT, AL 36272
* $ 223,830,000 8 $ 620,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 8 $ 1,670,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 7 $ 605,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 144,453,358,000 7 $ 845,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 144,960,000 7 $ 955,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 7 $ 875,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 6 $ 1,050,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 6 $ 970,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 90,056,875,000 6 $ 530,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,015,112,000 6 $ 350,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 6 $ 940,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 5 $ 745,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,500,928,000 5 $ 795,000
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 28,246,367,000 5 $ 775,000
PEOPLES BANK OF ALABAMA
1912 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 786,448,000 5 $ 385,000
OPEN MORTGAGE, LLC
14101 W. HWY 290 #1300
AUSTIN, TX 78737
* $ -1,000 5 $ 815,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ -1,000 4 $ 310,000
TRIUMPH BANK
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 787,746,000 4 $ 450,000
SYNOVUS MORTGAGE CORP.
800 SHADES CREEK PARKWAY
BIRMINGHAM, AL 35209
* $ -1,000 4 $ 810,000
NOBLEBANK & TRUST
1509 QUINTARD AVE
ANNISTON, AL 36201
* $ 257,588,000 4 $ 210,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 18,466,868,000 4 $ 1,070,000
TJC MORTGAGE, INC.
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ -1,000 4 $ 450,000
1ST FRANKLIN FINANCIAL CORPORATION
135 E. TUGALO ST.
TOCCOA, GA 30577
* $ -1,000 4 $ 160,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 4 $ 630,000
LIBERTY BANK
40956 AL HWY 75, PO BOX 187
GERALDINE, AL 35974
* $ 137,866,000 4 $ 170,000
WESTSTAR MORTGAGE CORPORATION
6363 NORTH STATE HIGHWAY 161
IRVING, TX 75038
* $ -1,000 4 $ 510,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 4 $ 660,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 4 $ 700,000
SOUTHSTATE BANK, NATIONAL ASSOCIATION
1101 1ST STREET SOUTH
WINTER HAVEN, FL 33880
* $ 12,326,862,000 4 $ 510,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 3 $ 245,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 3 $ 325,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 3 $ 155,000
COOSA VALLEY CREDIT UNION
2010 REDMOND CIRCLE
ROME, GA 30165
* $ 357,649,000 3 $ 425,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 3 $ 275,000
SOUTH STATE BANK
520 GERVAIS STREET
COLUMBIA, SC 29201
* $ 14,673,422,000 3 $ 135,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 3 $ 355,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 3 $ 575,000
FORT MCCLELLAN CREDIT UNION
1731 NOBLE STREET
ANNISTON, AL 36201
* $ 230,737,000 3 $ 335,000
SYNOVUS BANK
PO BOX 120
COLUMBUS, GA 31902
* $ 32,580,905,000 3 $ 655,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 2 $ 250,000
AMERICA'S FIRST
1200 4TH AVENUE NORTH
BIRMINGHAM, AL 35203
* $ 1,576,168,000 2 $ 680,000
THE EXCHANGE BANK OF ALABAMA
PO BOX 1100
GADSDEN, AL 35902
* $ 281,004,000 2 $ 660,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 2 $ 290,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 2 $ 420,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 24,484,751,000 2 $ 90,000
GEORGIA UNITED
6705 SUGARLOAF PARKWAY
DULUTH, GA 30097
* $ 1,359,039,000 2 $ 400,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 2 $ 260,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 17,230,779,000 2 $ 190,000
GREATER COMMUNITY BANK
1490 MARTHA BERRY BLVD.; P. O. BOX 529
ROME, GA 30162
* $ 187,745,000 2 $ 130,000
CADENCE BANK
P O BOX 789
TUPELO, MS 38802
* $ 18,008,424,000 2 $ 440,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 240,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 2 $ 370,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 170,000
ITHINK FINANCIAL CREDIT UNION
1000 NW 17TH AVENUE
DELRAY BEACH, FL 33445
* $ 1,132,677,000 2 $ 260,000
CONSUMER FIRST MORTGAGE, INC.
511 ENERGY CENTER BLVD, SUITE 702
NORTHPORT, AL 35473
* $ -1,000 2 $ 290,000
GMFS LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ -1,000 2 $ 290,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 2 $ 390,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 2 $ 160,000
FIRST INTERNET BANK OF INDIANA
11201 USA PARKWAY
FISHERS, IN 46037
* $ 3,538,467,000 1 $ 85,000
SERVISFIRST BANK
2500 WOODCREST PLACE
HOMEWOOD, AL 35209
* $ 8,007,143,000 1 $ 135,000
PEOPLES INDEPENDENT BANK
121 BILLY DYAR BLVD PO BOX 669
BOAZ, AL 35957
* $ 299,731,000 1 $ 255,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 1,798,459,000 1 $ 55,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 1,279,654,000 1 $ 105,000
FIRSTTRUST HOME LOANS, INC.
906 SOUTH ROCK ST.
SHERIDAN, AR 72150
* $ -1,000 1 $ 85,000
SOUTHPOINT FINANCIAL SERVICES, INC.
5955 SHILOH ROAD EAST, SUITE 200
ALPHARETTA, GA 30005
* $ -1,000 1 $ 115,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 155,000
FIRST JACKSON BANK, INC.
43243 U S HIGHWAY 72
STEVENSON, AL 35772
* $ 262,332,000 1 $ 55,000
JMAC LENDING, INC.
2510 RED HILL AVE
SANTA ANA, CA 92705
* $ -1,000 1 $ 195,000
SOUTHEAST FIRST NATIONAL BANK
P.O. BOX 530, 10144 COMMERCE STREET
SUMMERVILLE, GA 30747
* $ 58,363,000 1 $ 165,000
FIRST BANK
118 N. HAMILTON ST.
DALTON, GA 30720
* $ 366,458,000 1 $ 35,000
ALCOVA MORTGAGE LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ -1,000 1 $ 105,000
ANGEL OAK HOME LOANS LLC
3600 PEACHTREE ROAD NW, SUITE 500
ATLANTA, GA 30305
* $ -1,000 1 $ 115,000
HOME POINT MORTGAGE ACCEPTANCE CORPORATION
121 RESEARCH BLVD
MADISON, AL 35758
* $ -1,000 1 $ 245,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 35,000
IMPAC MORTGAGE CORP.
19500 JAMBOREE RD
IRVINE, CA 92612
* $ -1,000 1 $ 255,000
INTERCONTINENTAL CAPITAL GROUP, INC
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ -1,000 1 $ 85,000
CAPITAL BANK, NATIONAL ASSOCIATION
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ 1,074,501,000 1 $ 115,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 145,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 1 $ 235,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 335,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 135,000
BANKSOUTH MORTGAGE COMPANY, LLC
3290 NORTHSIDE PARKWAY, SUITE 600
ATLANTA, GA 30027
* $ -1,000 1 $ 335,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 155,000
CCB COMMUNITY BANK
225 E THREE NOTCH STREET
ANDALUSIA, AL 36420
* $ 501,108,000 1 $ 335,000
UNITED BANK
225 ASYLUM ST
HARTFORD, CT 06103
* $ 7,347,510,000 1 $ 65,000
CERTAINTY HOME LOANS, LLC
6101 WEST PLANO PARKWAY
PLANO, TX 75093
* $ -1,000 1 $ 195,000
CSL FINANCIAL, LLC
500 OFFICE PARK DRIVE, SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 1 $ 45,000
RIVER CITY BANK
228 NORTH 2ND AVENUE
ROME, GA 30165
* $ 167,133,000 1 $ 205,000
FAMILY SAVINGS
711 E MEIGHAN BLVD
GADSDEN, AL 35903
* $ 405,735,000 1 $ 25,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ -1,000 1 $ 135,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 1 $ 235,000
ACIPCO FEDERAL CREDIT UNION
1501 31ST AVE N
BIRMINGHAM, AL 35207
* $ 156,892,000 1 $ 25,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,933,790,000 1 $ 25,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 325,000
BELEM SERVICING LLC
230 N 1680 E
ST GEORGE, UT 84770
* $ -1,000 1 $ 175,000
FIDELITY BANK
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 4,734,882,000 1 $ 125,000
MAGNOLIA BANK
794 OLD ELIZABETHTOWN RD
HODGENVILLE, KY 42748
* $ 268,405,000 1 $ 75,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 159,291,000,000 1 $ 85,000
NATIONWIDE MORTGAGE BANKERS, INC.
310A MAIN ST
LEBANON, NJ 08833
* $ -1,000 1 $ 185,000
APCO EMPLOYEES
750 17TH STREET NORTH
BIRMINGHAM, AL 35203
* $ 2,863,041,000 1 $ 35,000
THE MORTGAGE FIRM, INC.
921 DOUGLAS AVENUE, SUITE 200
ALTAMONTE SPRINGS, FL 32714
* $ -1,000 1 $ 285,000
HERITAGE FIRST BANK
501 BROAD STREET
ROME, GA 30161
* $ 133,500,000 1 $ 165,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 85,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 3,060,792,000 1 $ 35,000
INTERLINC MORTGAGE SERVICES, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77064
* $ -1,000 1 $ 185,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 185,000
COMMUNITY FIRST NATIONAL BANK
215 S SETH CHILD RD
MANHATTAN, KS 66502
* $ 282,714,000 1 $ 125,000
RIVER BANK & TRUST
2611 LEGENDS DRIVE
PRATTVILLE, AL 36066
* $ 1,070,362,000 1 $ 45,000
DELTA COMMUNITY CREDIT UNION
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 5,756,303,000 1 $ 35,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ -1,000 1 $ 135,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,185,032,000 1 $ 205,000

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 2019

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
Home Purchase 494 $64,740,000 $131,000 $965,000 $75,000 $553,000
Refinancing 202 $33,180,000 $164,000 $665,000 $87,000 $1,385,000
Cash-out Refinancing 141 $24,685,000 $175,000 $455,000 $75,000 $517,000
Other Purpose 73 $4,775,000 $65,000 $405,000 $67,000 $298,000
Home Improvement 40 $3,050,000 $76,000 $235,000 $75,000 $198,000
Not Applicable 7 $845,000 $120,000 $175,000 $0 $0

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 762 $101,170,000 $132,000 $965,000 $74,000 $553,000
Not applicable 96 $15,810,000 $164,000 $665,000 $92,000 $307,000
Not Provided 59 $9,315,000 $157,000 $435,000 $100,000 $1,385,000
Hispanic 15 $2,685,000 $179,000 $665,000 $106,000 $334,000
Black or African American 14 $1,290,000 $92,000 $205,000 $55,000 $208,000
American Indian or Alaskan Native 8 $750,000 $93,000 $145,000 $102,000 $343,000
Asian 2 $190,000 $95,000 $145,000 $60,000 $71,000
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) 633 $80,885,000 $127,000 $965,000 $83,000 $553,000
FHA-insured (Federal Housing Administration) 171 $23,805,000 $139,000 $405,000 $70,000 $1,385,000
VA-guaranteed (Veterans Administration) 114 $22,110,000 $193,000 $665,000 $54,000 $177,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 39 $4,475,000 $114,000 $165,000 $45,000 $80,000

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 475 $69,965,000 $147,000 $965,000 $85,000 $1,385,000
Application Denied By Financial Institution 189 $18,965,000 $100,000 $345,000 $57,000 $395,000
Loan Purchased By The Institution 123 $21,025,000 $170,000 $665,000 $107,000 $354,000
Application Withdrawn By Applicant 87 $12,575,000 $144,000 $455,000 $76,000 $285,000
File Closed For Incompleteness 56 $6,130,000 $109,000 $375,000 $53,000 $225,000
Application Approved But Not Accepted 27 $2,615,000 $96,000 $225,000 $66,000 $145,000
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
Not applicable 714 $104,390,000 $146,000 $965,000 $81,000 $1,385,000
Debt-To-Income Ratio 96 $12,500,000 $130,000 $415,000 $74,000 $307,000
Credit History 69 $5,025,000 $72,000 $265,000 $60,000 $395,000
Collateral 38 $4,640,000 $122,000 $345,000 $66,000 $188,000
Credit Application Incomplete 18 $2,390,000 $132,000 $285,000 $65,000 $141,000
Other 9 $1,245,000 $138,000 $325,000 $76,000 $160,000
Unverifiable Information 7 $565,000 $80,000 $155,000 $41,000 $70,000
Employment History 4 $290,000 $72,000 $125,000 $41,000 $48,000
Insufficient Cash (Downpayment, Closing Cost) 2 $230,000 $115,000 $135,000 $42,000 $65,000
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