Find mortgage statistics and lending data for the Covington 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 Covington 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 | 1,027 |
Total Mortgage Loan Application Amount | $105,889,000 |
Average Mortgage Loan Application Amount | $103,000 |
Highest Mortgage Loan Application Amount | $1,255,000 |
Average Applicant Income | $67,000 |
Highest Applicant Income | $3,898,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
CCB COMMUNITY BANK 225 E THREE NOTCH STREET ANDALUSIA, AL 36420 |
* | $ 427,008,000 | 159 | $ 21,791,000 |
REGIONS BANK 1900 5TH AVENUE N BIRMINGHAM, AL 35203 |
* | $ 116,608,550,000 | 113 | $ 8,089,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,373,600,000,000 | 101 | $ 7,667,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 78 | $ 4,548,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 179,126,294,000 | 67 | $ 7,128,000 |
VANDERBILT MORTGAGE AND FINANCE, INC. 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ 31,000,000 | 30 | $ 2,391,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 28 | $ 3,577,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 22 | $ 1,515,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 20 | $ 2,169,000 |
RENASANT BANK 209 TROY ST., P.O. BOX 709 TUPELO, MS 38802 |
* | $ 5,733,100,000 | 19 | $ 3,164,000 |
CRESCENT MORTGAGE COMPANY 6600 PEACHTREE DUNWOODY ROAD SUITE 650 ATLANTA, GA 30328 |
* | $ 826,484,000 | 18 | $ 2,312,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,433,716,000,000 | 15 | $ 1,783,000 |
ALL IN 238 VIRGINIA AVENUE DALEVILLE, AL 36322 |
* | $ 1,115,750,000 | 15 | $ 969,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 360,478,278,000 | 14 | $ 1,133,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 14 | $ 1,662,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 13 | $ 1,612,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 13 | $ 1,836,000 |
RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ 100,000,000 | 12 | $ 1,531,000 |
TRIUMPH BANK 1780 MORIAH WOODS BLVD., SUITE 4 MEMPHIS, TN 38117 |
* | $ 436,956,000 | 11 | $ 1,601,000 |
CADENCE BANK, N.A. 2100 3RD AVE N BIRMINGHAM, AL 35203 |
* | $ 6,437,850,000 | 10 | $ 1,449,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 55,502,976,000 | 8 | $ 544,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 62,866,954,000 | 7 | $ 933,000 |
PENNYMAC LOAN SERVICES LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 7 | $ 565,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,945,467,000,000 | 6 | $ 401,000 |
FIRSTBANK 11 CHANNING WAY JACKSON, TN 38305 |
* | $ 2,256,102,000 | 6 | $ 944,000 |
SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 171,261,678,000 | 6 | $ 199,000 |
CREDIT HUMAN FEDERAL CREDIT UNION 6061 IH 10 WEST SAN ANTONIO, TX 78201 |
* | $ 2,763,439,000 | 6 | $ 311,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 6 | $ 962,000 |
NETWORK CAPITAL FUNDING CORPORATION 5 PARK PLAZA #800 IRVINE, CA 92614 |
* | $ 52,388,000 | 5 | $ 1,082,000 |
SOUTH STATE BANK 520 GERVAIS STREET COLUMBIA, SC 29201 |
* | $ 7,933,259,000 | 5 | $ 286,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 309,999,678,000 | 5 | $ 140,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 5 | $ 418,000 |
PROFICIO BANK 6985 UNION PARK CENTER, SUITE 150 COTTONWOOD HEIGHTS, UT 84047 |
* | $ 168,648,000 | 5 | $ 590,000 |
INTERLINC MORTGAGE SERVICES, LLC 10613 W. SAM HOUSTON PKWY N. SUITE 200 HOUSTON, TX 77064 |
* | $ 21,269,000 | 4 | $ 547,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 4 | $ 388,000 |
1ST ALLIANCE LENDING, LLC 111 FOUNDERS PLAZA, SUITE 1300 EAST HARTFORD, CT 06108 |
* | $ 3,285,000 | 4 | $ 242,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 17,638,918,000 | 4 | $ 314,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ 10,000,000 | 4 | $ 607,000 |
WOODFOREST NATIONAL BANK 25231 GROGAN'S MILL ROAD THE WOODLANDS, TX 77380 |
* | $ 3,884,304,000 | 3 | $ 159,000 |
FIRST FEDERAL BANK 4705 US HWY 90 W LAKE CITY, FL 32055 |
* | $ 986,791,000 | 3 | $ 439,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 9,596,388,000 | 3 | $ 105,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 3 | $ 164,000 |
DISCOVER HOME LOANS, INC 173 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 79,339,664,000 | 3 | $ 356,000 |
DITECH MORTGAGE CORP 1100 VIRGINIA DRIVE, SUITE 100 FT. WASHINGTON, PA 19034 |
* | $ 5,720,000 | 3 | $ 551,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 12,648,357,000 | 3 | $ 231,000 |
TRUSTMARK NATIONAL BANK PO BOX 291 JACKSON, MS 39205 |
* | $ 11,681,215,000 | 3 | $ 303,000 |
PRIMARY RESIDENTIAL MORTGAGE, INC. 1480 N 2200 W SALT LAKE CITY, UT 84116 |
* | $ 242,587,000 | 3 | $ 427,000 |
HOME POINT MORTGAGE ACCEPTANCE CORPORATION 121 RESEARCH BLVD MADISON, AL 35758 |
* | $ 580,000,000 | 3 | $ 525,000 |
THE MORTGAGE OUTLET, INC. 1800 SANDY PLAINS PKWY. SUITE 304 MARIETTA, GA 30066 |
* | $ 10,000,000 | 3 | $ 583,000 |
HOMETRUST MORTGAGE COMPANY 5353 W ALABAMA, SUITE 500 HOUSTON, TX 77056 |
* | $ 10,000,000 | 3 | $ 334,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ 1,000,000,000 | 3 | $ 341,000 |
UNITED BANK PO BOX 8 ATMORE, AL 36504 |
* | $ 486,237,000 | 3 | $ 362,000 |
HNB FIRST BANK P.O. BOX 157 / 40 MAIN STREET HEADLAND, AL 36345 |
* | $ 101,682,000 | 2 | $ 91,000 |
CLAYTON BANK AND TRUST 520 WEST SUMMIT HILL DRIVE SUITE 801 KNOXVILLE, TN 37902 |
* | $ 678,563,000 | 2 | $ 84,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 2 | $ 237,000 |
APCO EMPLOYEES 750 17TH STREET NORTH BIRMINGHAM, AL 35203 |
* | $ 2,417,666,000 | 2 | $ 117,000 |
THE SAMSON BANKING COMPANY, INC. 2 WEST MAIN ST SAMSON, AL 36477 |
* | $ 57,354,000 | 2 | $ 288,000 |
ALLIANCE FINANCIAL RESOURCES 5410 EAST HIGH STREET SUITE 200 PHOENIX, AZ 85054 |
* | $ 10,000,000 | 2 | $ 185,000 |
GULF WINDS CREDIT UNION 220 E NINE MILE ROAD PENSACOLA, FL 32534 |
* | $ 516,345,000 | 2 | $ 175,000 |
IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 2 | $ 313,000 |
SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 171,261,678,000 | 2 | $ 115,000 |
COLONIAL SAVINGS, F.A. P O BOX 2988 FORT WORTH, TX 76113 |
* | $ 943,388,000 | 2 | $ 147,000 |
GREAT PLAINS NATIONAL BANK 5909 NW EXPRESSWAY OKLAHOMA CITY, OK 73132 |
* | $ 539,275,000 | 2 | $ 353,000 |
BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 245,863,000 | 2 | $ 329,000 |
MILEND, INC. 375 NORTHRIDGE RD, SUITE 600 ATLANTA, GA 30350 |
* | $ 10,000,000 | 2 | $ 344,000 |
STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ 10,000,000 | 2 | $ 315,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 2 | $ 311,000 |
ACADEMY MORTGAGE CORPORATION 339 WEST 13490 SOUTH DRAPER, UT 84020 |
* | $ 10,000,000 | 2 | $ 381,000 |
CIS FINANCIAL SERVICES, INC. 851 MILITARY STREET N HAMILTON, AL 35570 |
* | $ 14,200,000 | 2 | $ 213,000 |
SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 1 | $ 180,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ 3,642,000 | 1 | $ 134,000 |
CROSSCOUNTRY MORTGAGE, INC. 6850 MILLER RD BRECKSVILLE, OH 44141 |
* | $ 10,000,000 | 1 | $ 124,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ 40,000,000 | 1 | $ 80,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ 10,000,000 | 1 | $ 88,000 |
FIDELITY BANK, NATIONAL ASSOCIATION 100 E ENGLISH WICHITA, KS 67202 |
* | $ 1,560,571,000 | 1 | $ 28,000 |
FIRST FEDERAL BANK, A FSB 1300 MCFARLAND BLVD NE TUSCALOOSA, AL 35406 |
* | $ 130,950,000 | 1 | $ 124,000 |
BNC NATIONAL BANK 20175 N 67TH AVENUE GLENDALE, AZ 85308 |
* | $ 841,451,000 | 1 | $ 346,000 |
BANC OF CALIFORNIA, NATIONAL ASSOCIATION 18500 VON KARMAN AVENUE SUITE 1100 IRVINE, CA 92612 |
* | $ 3,618,297,000 | 1 | $ 117,000 |
NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 1,161,463,000 | 1 | $ 329,000 |
RED CANOE CREDIT UNION 1418 15TH AVE LONGVIEW, WA 98632 |
* | $ 581,139,000 | 1 | $ 83,000 |
HOME LOAN INVESTMENT BANK, F.S.B. ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 204,003,000 | 1 | $ 11,000 |
NATIONWIDE BANK ONE NATIONWIDE PLAZA COLUMBUS, OH 43215 |
* | $ 5,573,160,000 | 1 | $ 35,000 |
FIRST NATIONAL ACCEPTANCE COMPANY 241 EAST SAGINAW/P.O. BOX 980 EAST LANSING, MI 48826 |
* | $ 10,498,000 | 1 | $ 20,000 |
PEOPLES BANK 4831 W 6TH ST LAWRENCE, KS 66049 |
* | $ 439,528,000 | 1 | $ 95,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ 100,247,000 | 1 | $ 27,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ 945,758,000 | 1 | $ 130,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ 40,000,000 | 1 | $ 95,000 |
LENNAR MORTGAGE, LLC 730 NW 107TH AVENUE, 4TH FL MIAMI, FL 33172 |
* | $ 31,000,000 | 1 | $ 61,000 |
CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,346,747,000,000 | 1 | $ 68,000 |
IMPAC MORTGAGE CORP. 19500 JAMBOREE RD IRVINE, CA 92612 |
* | $ 32,120,000 | 1 | $ 236,000 |
AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ 42,331,494,000 | 1 | $ 200,000 |
CAPITAL ONE, NATIONAL ASSOCIATION 7933 PRESTON ROAD PLANO, TX 75024 |
* | $ 238,482,903,000 | 1 | $ 43,000 |
ANDREWS FEDERAL CREDIT UNION 5711 ALLENTOWN ROAD SUITLAND, MD 20746 |
* | $ 1,041,120,000 | 1 | $ 40,000 |
MAX CREDIT UNION 400 EASTDALE CIRCLE MONTGOMERY, AL 36117 |
* | $ 1,034,932,000 | 1 | $ 168,000 |
AVADIAN 1 RIVERCHASE PKWY S HOOVER, AL 35244 |
* | $ 595,261,000 | 1 | $ 72,000 |
NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ 4,410,000 | 1 | $ 58,000 |
AMERICAN EQUITY MORTGAGE, INC. 11933 WESTLINE INDUSTRIAL DRIVE SAINT LOUIS, MO 63146 |
* | $ 10,000,000 | 1 | $ 80,000 |
LIBERTY HOME EQUITY SOLUTIONS, INC. 10951 WHITE ROCK ROAD, SUITE 200 RANCHO CORDOVA, CA 95670 |
* | $ 60,629,000 | 1 | $ 103,000 |
ONE REVERSE MORTGAGE, LLC 4445 EASTGATE MALL, SUITE 320 SAN DIEGO, CA 92121 |
* | $ 39,000,000 | 1 | $ 133,000 |
EVABANK 1710 CHEROKEE AVE SW CULLMAN, AL 35055 |
* | $ 323,275,000 | 1 | $ 42,000 |
SMARTBANK 2301 UNIVERSITY BLVD TUSCALOOSA, AL 35401 |
* | $ 408,035,000 | 1 | $ 200,000 |
FIRST COMMUNITY BANK OF CENTRAL ALABAMA 715 WILSON ST WETUMPKA, AL 36092 |
* | $ 308,543,000 | 1 | $ 52,000 |
ALABAMA CREDIT UNION 220 PAUL W. BRYANT DR. E. TUSCALOOSA, AL 35401 |
* | $ 620,042,000 | 1 | $ 179,000 |
STONEGATE MORTGAGE CORPORATION 9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
* | $ 10,000,000 | 1 | $ 112,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ 10,000,000 | 1 | $ 139,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ 10,000,000 | 1 | $ 285,000 |
BRAND MORTGAGE GROUP, LLC 1255 LAKES PARKWAY, BLDG 300, ST 200 LAWRENCEVILLE, GA 30043 |
* | $ 0 | 1 | $ 61,000 |
ROUNDPOINT MORTGAGE COMPANY 5032 PARKWAY PLAZA BLVD, STE 200 CHARLOTTE, NC 28278 |
* | $ 10,000,000 | 1 | $ 225,000 |
THE FIRST NATIONAL BANK OF HARTFORD P.O. BOX 129 HARTFORD, AL 36344 |
* | $ 120,397,000 | 1 | $ 31,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ 8,361,206,000 | 1 | $ 217,000 |
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.
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 | 470 | $59,657,000 | $126,000 | $1,255,000 | $77,000 | $3,898,000 |
Home Purchase | 429 | $41,478,000 | $96,000 | $425,000 | $61,000 | $524,000 |
Home Improvement | 128 | $4,754,000 | $37,000 | $287,000 | $56,000 | $168,000 |
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 | 824 | $87,284,000 | $105,000 | $1,255,000 | $73,000 | $3,898,000 |
Black or African American | 73 | $4,486,000 | $61,000 | $285,000 | $52,000 | $203,000 |
Not Provided | 62 | $6,988,000 | $112,000 | $534,000 | $68,000 | $590,000 |
Not applicable | 50 | $5,328,000 | $106,000 | $372,000 | $3,000 | $79,000 |
American Indian or Alaskan Native | 7 | $644,000 | $92,000 | $235,000 | $54,000 | $112,000 |
Hispanic | 6 | $550,000 | $91,000 | $213,000 | $45,000 | $82,000 |
Asian | 3 | $500,000 | $166,000 | $180,000 | $24,000 | $43,000 |
Native Hawaiian or Other Pacific Islander | 2 | $109,000 | $54,000 | $72,000 | $15,000 | $16,000 |
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) | 750 | $74,219,000 | $98,000 | $1,255,000 | $76,000 | $3,898,000 |
FHA-insured (Federal Housing Administration) | 141 | $15,073,000 | $106,000 | $245,000 | $36,000 | $137,000 |
VA-guaranteed (Veterans Administration) | 93 | $13,143,000 | $141,000 | $399,000 | $60,000 | $378,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 43 | $3,454,000 | $80,000 | $167,000 | $33,000 | $68,000 |
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 | 481 | $56,830,000 | $118,000 | $1,255,000 | $85,000 | $3,898,000 |
Application Denied By Financial Institution | 317 | $25,493,000 | $80,000 | $346,000 | $51,000 | $300,000 |
Loan Purchased By The Institution | 77 | $8,592,000 | $111,000 | $372,000 | $21,000 | $108,000 |
Application Approved But Not Accepted | 76 | $5,908,000 | $77,000 | $205,000 | $63,000 | $192,000 |
Application Withdrawn By Applicant | 57 | $6,748,000 | $118,000 | $341,000 | $78,000 | $378,000 |
File Closed For Incompleteness | 19 | $2,318,000 | $122,000 | $337,000 | $79,000 | $300,000 |
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 | 61 | $3,132,000 | $51,000 | $197,000 | $51,000 | $180,000 |
Debt-To-Income Ratio | 23 | $1,956,000 | $85,000 | $250,000 | $61,000 | $188,000 |
Collateral | 21 | $2,176,000 | $103,000 | $285,000 | $65,000 | $194,000 |
Credit Application Incomplete | 15 | $1,890,000 | $126,000 | $329,000 | $76,000 | $300,000 |
Other | 15 | $1,456,000 | $97,000 | $346,000 | $64,000 | $265,000 |
Unverifiable Information | 7 | $690,000 | $98,000 | $211,000 | $68,000 | $175,000 |
Employment History | 2 | $189,000 | $94,000 | $120,000 | $67,000 | $99,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $126,000 | $63,000 | $70,000 | $40,000 | $52,000 |
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.