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 2003-2023.
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 | 2023 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 | 1,213 |
Total Mortgage Loan Application Amount | $136,216,000 |
Average Mortgage Loan Application Amount | $112,000 |
Highest Mortgage Loan Application Amount | $1,710,000 |
Average Applicant Income | $67,000 |
Highest Applicant Income | $2,496,000 |
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 |
* | $ 459,989,000 | 157 | $ 21,781,000 |
REGIONS BANK 1900 5TH AVENUE N BIRMINGHAM, AL 35203 |
* | $ 125,042,021,000 | 93 | $ 6,758,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 WILMINGTON, DE 37902 |
* | $ -1,000 | 91 | $ 5,633,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 SIOUX FALLS, SD 27150 |
* | $ 1,727,235,000,000 | 63 | $ 5,542,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE AUSTIN, TX 53718 |
* | $ -1,000 | 50 | $ 7,073,000 |
CRESCENT MORTGAGE COMPANY 6600 PEACHTREE DUNWOODY ROAD SUITE 650 WILMINGTON, DE 30328 |
* | $ -1,000 | 35 | $ 4,908,000 |
VANDERBILT MORTGAGE AND FINANCE, INC. 500 ALCOA TRAIL KNOXVILLE, TN 37804 |
* | $ -1,000 | 28 | $ 1,889,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE MT LAUREL, NJ 46037 |
* | $ -1,000 | 27 | $ 2,899,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. DOVER, DE 20759 |
* | $ -1,000 | 25 | $ 4,422,000 |
TROY BANK & TRUST COMPANY P O BOX 967 TROY, AL 36081 |
* | $ 874,684,000 | 23 | $ 2,453,000 |
NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. WILMINGTON, DE 75019 |
* | $ -1,000 | 22 | $ 3,176,000 |
TRIUMPH BANK 1780 MORIAH WOODS BLVD., SUITE 4 MEMPHIS, TN 38117 |
* | $ 595,178,000 | 21 | $ 3,783,000 |
RENASANT BANK 209 TROY ST., P.O. BOX 709 TUPELO, MS 38802 |
* | $ 8,676,168,000 | 20 | $ 2,116,000 |
ALL IN FEDERAL CREDIT UNION 238 VIRGINIA AVENUE DALEVILLE, AL 36322 |
* | $ 1,173,114,000 | 19 | $ 1,510,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WILMINGTON, DE 91361 |
* | $ -1,000 | 19 | $ 2,866,000 |
1ST FRANKLIN FINANCIAL CORPORATION 135 E. TUGALO ST. TOCCOA, GA 30577 |
* | $ -1,000 | 18 | $ 280,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE DOVER, DE 92610 |
* | $ -1,000 | 17 | $ 2,693,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. SAINT LOUIS, MO 65203 |
* | $ -1,000 | 17 | $ 2,305,000 |
WATERSTONE MORTGAGE CORPORATION N25 W23255 PAUL ROAD PEWAUKEE, WI 53072 |
* | $ -1,000 | 16 | $ 1,650,000 |
FIRSTBANK 11 CHANNING WAY NASHVILLE, TN 38305 |
* | $ 3,275,430,000 | 14 | $ 1,781,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 CHARLOTTE, NC 27604 |
* | $ 214,433,035,000 | 14 | $ 1,790,000 |
THE CITIZENS BANK P. O. BOX 310900, 301 SOUTH EDWARDS STREET ENTERPRISE, AL 36331 |
* | $ 125,037,000 | 13 | $ 821,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,082,803,000,000 | 12 | $ 1,390,000 |
UNITED WHOLESALE MORTGAGE, LLC 1414 EAST MAPLE ROAD PLYMOUTH, MI 48083 |
* | $ -1,000 | 11 | $ 2,328,000 |
CREDIT HUMAN FEDERAL CREDIT UNION 6061 IH 10 WEST SAN ANTONIO, TX 78201 |
* | $ 2,883,786,000 | 11 | $ 748,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 WILMINGTON, DE 19462 |
* | $ -1,000 | 11 | $ 1,381,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 77,760,914,000 | 10 | $ 1,688,000 |
NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 79,775,662,000 | 10 | $ 687,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A WILMINGTON, DE 92806 |
* | $ -1,000 | 10 | $ 1,043,000 |
DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 9 | $ 1,050,000 |
RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 WILMINGTON, DE 11747 |
* | $ -1,000 | 9 | $ 1,210,000 |
TRIAD FINANCIAL SERVICES, INC. 13901 SUTTON PARK DRIVE SOUTH, SUITE 300 JACKSONVILLE, FL 32224 |
* | $ -1,000 | 8 | $ 137,000 |
CADENCE BANK, N.A. 2100 3RD AVE N BIRMINGHAM, AL 35203 |
* | $ 9,515,975,000 | 7 | $ 662,000 |
WOODFOREST NATIONAL BANK 25231 GROGAN'S MILL ROAD THE WOODLANDS, TX 77380 |
* | $ 4,854,481,000 | 7 | $ 120,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ -1,000 | 7 | $ 989,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WILMINGTON, DE 91367 |
* | $ -1,000 | 7 | $ 1,252,000 |
NETWORK CAPITAL FUNDING CORPORATION 5 PARK PLAZA #800 CARSON CITY, NV 92614 |
* | $ -1,000 | 6 | $ 910,000 |
NEW AMERICAN FUNDING, LLC 14511 MYFORD ROAD, SUITE 100 DOVER, DE 92780 |
* | $ -1,000 | 6 | $ 549,000 |
THE SAMSON BANKING COMPANY, INC. 2 WEST MAIN ST SAMSON, AL 36477 |
* | $ 76,326,000 | 6 | $ 312,000 |
CSL FINANCIAL, LLC 500 OFFICE PARK DRIVE, SUITE 310 MONTGOMERY, AL 35223 |
* | $ 0 | 6 | $ 404,000 |
AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ -1,000 | 5 | $ 176,000 |
GOODLEAP, LLC 8781 SIERRA COLLEGE BLVD GLENDALE, CA 95661 |
* | $ -1,000 | 5 | $ 570,000 |
IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ -1,000 | 5 | $ 706,000 |
SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 200,557,635,000 | 5 | $ 48,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 CHARLOTTE, NC 91361 |
* | $ 1,677,490,000,000 | 5 | $ 531,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 441,010,095,000 | 5 | $ 593,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ -1,000 | 4 | $ 696,000 |
PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 WILMINGTON, DE 15222 |
* | $ 355,999,734,000 | 4 | $ 63,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ -1,000 | 4 | $ 622,000 |
DISCOVER BANK 12 READS WAY GREENWOOD, DE 19720 |
* | $ 91,146,995,000 | 4 | $ 215,000 |
SOUTH STATE BANK 520 GERVAIS STREET COLUMBIA, SC 29201 |
* | $ 8,896,533,000 | 4 | $ 259,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 27,829,056,000 | 4 | $ 498,000 |
MOVEMENT MORTGAGE, LLC 8024 CALVIN HALL ROAD WILMINGTON, DE 29707 |
* | $ -1,000 | 4 | $ 536,000 |
PEOPLES BANK 4831 W 6TH ST LAWRENCE, KS 66049 |
* | $ 475,515,000 | 4 | $ 428,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE WILMINGTON, DE 60613 |
* | $ -1,000 | 4 | $ 784,000 |
HOMEBRIDGE FINANCIAL SERVICES, INC. 194 WOOD AVE S, 9TH FLOOR ISELIN, NJ 08830 |
* | $ -1,000 | 4 | $ 595,000 |
INTERLINC MORTGAGE SERVICES, LLC 10613 W. SAM HOUSTON PKWY N. SUITE 200 HOUSTON, TX 77064 |
* | $ -1,000 | 4 | $ 685,000 |
GUILD MORTGAGE COMPANY LLC 5898 COPLEY DRIVE GLENDALE, CA 92111 |
* | $ -1,000 | 4 | $ 623,000 |
HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ -1,000 | 3 | $ 267,000 |
BRIDGEVIEW BANK GROUP 7940 S HARLEM BRIDGEVIEW, IL 60455 |
* | $ 1,095,554,000 | 3 | $ 572,000 |
WYNDHAM CAPITAL MORTGAGE, INC. 6115 PARK SOUTH DRIVE, STE 200 RALEIGH, NC 28210 |
* | $ -1,000 | 3 | $ 696,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY-TROY HILLS, NJ 07054 |
* | $ -1,000 | 3 | $ 304,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 3 | $ 166,000 |
BBVA USA 15 SOUTH 20TH ST BIRMINGHAM, AL 35233 |
* | $ 83,640,475,000 | 3 | $ 174,000 |
CIS FINANCIAL SERVICES, INC. 851 MILITARY STREET N HAMILTON, AL 35570 |
* | $ -1,000 | 3 | $ 337,000 |
SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ -1,000 | 3 | $ 595,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 3 | $ 365,000 |
EMM LOANS LLC 3 EXECUTIVE CAMPUS, SUITE 520 CHERRY HILL, NJ 08002 |
* | $ -1,000 | 3 | $ 525,000 |
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION 2000 MCKINNEY AVE SUITE 700 DALLAS, TX 75201 |
* | $ 21,689,804,000 | 3 | $ 695,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE PEACHTREE CORNER, GA 30305 |
* | $ -1,000 | 2 | $ 332,000 |
GMFS LLC 7389 FLORIDA BLVD, STE 200-A CAMDEN, DE 70806 |
* | $ -1,000 | 2 | $ 351,000 |
HOME POINT MORTGAGE ACCEPTANCE CORPORATION 121 RESEARCH BLVD MADISON, AL 35758 |
* | $ -1,000 | 2 | $ 600,000 |
LOW VA RATES, LLC 384 SOUTH 400 WEST, #100 LINDON, UT 84042 |
* | $ 89,030,433,000 | 2 | $ 202,000 |
CERTAINTY HOME LOANS, LLC 6101 WEST PLANO PARKWAY WILMINGTON, DE 75093 |
* | $ -1,000 | 2 | $ 103,000 |
BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 317,715,000 | 2 | $ 424,000 |
AVADIAN 1 RIVERCHASE PKWY S HOOVER, AL 35244 |
* | $ 733,532,000 | 2 | $ 430,000 |
HOMETRUST MORTGAGE COMPANY 5353 W ALABAMA, SUITE 500 HOUSTON, TX 77056 |
* | $ -1,000 | 2 | $ 186,000 |
FIRST CITIZENS BANK 100 WEST 3RD STREET, PO BOX 271 LUVERNE, AL 36049 |
* | $ 235,792,000 | 2 | $ 12,000 |
HOMETOWN LENDERS, INC. 310 THE BRIDGE STREET, 4TH FLOOR SUITE A HUNTSVILLE, AL 35806 |
* | $ 0 | 2 | $ 159,000 |
IMPAC MORTGAGE CORP. 19500 JAMBOREE RD GLENDALE, CA 92612 |
* | $ -1,000 | 2 | $ 170,000 |
FINANCE OF AMERICA MORTGAGE LLC 300 WELSH ROAD BUILDING 5 WILMINGTON, DE 19044 |
* | $ -1,000 | 2 | $ 434,000 |
SYNOVUS MORTGAGE CORP. 800 SHADES CREEK PARKWAY BIRMINGHAM, AL 35209 |
* | $ -1,000 | 2 | $ 376,000 |
ROUNDPOINT MORTGAGE SERVICING LLC 5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8 WILMINGTON, DE 28219 |
* | $ 0 | 2 | $ 200,000 |
HOWARD BANK 6011 UNIVERSITY BLVD #370 ELLICOTT CITY, MD 21043 |
* | $ 1,027,051,000 | 2 | $ 151,000 |
AMERICA'S FIRST 1200 4TH AVENUE NORTH BIRMINGHAM, AL 35203 |
* | $ 1,443,943,000 | 1 | $ 70,000 |
UNITED BANK PO BOX 8 ATMORE, AL 36504 |
* | $ 558,328,000 | 1 | $ 140,000 |
NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 1,862,672,000 | 1 | $ 260,000 |
F&M BANK 50 FRANKLIN ST CLARKSVILLE, TN 37040 |
* | $ 978,809,000 | 1 | $ 230,000 |
HANCOCK WHITNEY BANK 2510 14TH STREET FLOWOOD, MS 39501 |
* | $ 23,887,875,000 | 1 | $ 280,000 |
ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 AUSTIN, TX 77056 |
* | $ -1,000 | 1 | $ 67,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 1 | $ 102,000 |
PENTAGON FEDERAL CREDIT UNION 7940 JONES BRANCH DRIVE MCLEAN, VA 22102 |
* | $ 21,301,361,000 | 1 | $ 232,000 |
CROSSCOUNTRY MORTGAGE, LLC 6850 MILLER RD WILMINGTON, DE 44141 |
* | $ -1,000 | 1 | $ 115,000 |
TRINITY BANK PO BOX 1009 DOTHAN, AL 36302 |
* | $ 136,860,000 | 1 | $ 5,000 |
PRIMESOUTH BANK 301 MAIN STREET TALLASSEE, AL 36078 |
* | $ 209,822,000 | 1 | $ 71,000 |
STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ -1,000 | 1 | $ 115,000 |
MILEND, INC. 375 NORTHRIDGE RD, SUITE 600 ALPHARETTA, GA 30350 |
* | $ -1,000 | 1 | $ 145,000 |
PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SACRAMENTO, CA 92121 |
* | $ -1,000 | 1 | $ 67,000 |
PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MOUNT LAUREL, NJ 08054 |
* | $ -1,000 | 1 | $ 129,000 |
SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 SACRAMENTO, CA 90703 |
* | $ -1,000 | 1 | $ 50,000 |
AUBURN UNIVERSITY CREDIT UNION PO BOX 1610 AUBURN, AL 36832 |
* | $ 173,508,000 | 1 | $ 50,000 |
STATE BANK & TRUST COMPANY 147 SOUTH RAILROAD AVENUE BROOKHAVEN, MS 39601 |
* | $ 1,051,928,000 | 1 | $ 81,000 |
ALABAMA CREDIT UNION 220 PAUL W. BRYANT DR. E. TUSCALOOSA, AL 35401 |
* | $ 737,581,000 | 1 | $ 34,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 AUSTIN, TX 75254 |
* | $ -1,000 | 1 | $ 90,000 |
HFG HOLDINGS, LLC 888 W BIG BEAVER RD, SUITE 800 TROY, MI 48084 |
* | $ 412,902,000 | 1 | $ 68,000 |
SOFI LENDING CORP. 375 HEALDSBURG AVENUE, SUITE 280 SACRAMENTO, CA 95448 |
* | $ -1,000 | 1 | $ 100,000 |
CMG MORTGAGE, INC. 3160 CROW CANYON ROAD, SUITE 400 SACRAMENTO, CA 94583 |
* | $ -1,000 | 1 | $ 163,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 SACRAMENTO, PA 28273 |
* | $ -1,000 | 1 | $ 240,000 |
DRUMMOND COMMUNITY BANK P O BOX 1039, 1627 NORTH YOUNG BLVD. CHIEFLAND, FL 32644 |
* | $ 435,452,000 | 1 | $ 360,000 |
MANUFACTURERS AND TRADERS TRUST COMPANY 701 SENECA STREET - SUITE 330N BUFFALO, NY 14210 |
* | $ 122,631,667,000 | 1 | $ 53,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD WILMINGTON, DE 75019 |
* | $ -1,000 | 1 | $ 144,000 |
ITHINK FINANCIAL CREDIT UNION 1000 NW 17TH AVENUE DELRAY BEACH, FL 33445 |
* | $ 940,271,000 | 1 | $ 175,000 |
SILVERTON MORTGAGE SPECIALISTS, INC. 1201 PEACHTREE STREET NE STE 2050 ATLANTA, GA 30361 |
* | $ -1,000 | 1 | $ 134,000 |
NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 COLUMBUS, OH 44131 |
* | $ -1,000 | 1 | $ 148,000 |
CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ -1,000 | 1 | $ 92,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. WILMINGTON, DE 33146 |
* | $ -1,000 | 1 | $ 137,000 |
JMAC LENDING, INC. 2510 RED HILL AVE SACRAMENTO, CA 92705 |
* | $ -1,000 | 1 | $ 100,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD NEW YORK, NY 11747 |
* | $ -1,000 | 1 | $ 51,000 |
HOMESTEAD FUNDING CORP. 8 AIRLINE DRIVE ALBANY, NY 12205 |
* | $ -1,000 | 1 | $ 278,000 |
CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR SIOUX FALLS, SD 11120 |
* | $ 1,349,581,000,000 | 1 | $ 92,000 |
PLANET HOME LENDING, LLC 321 RESEARCH PARKWAY STE 300 WILMINGTON, DE 06540 |
* | $ -1,000 | 1 | $ 150,000 |
RIVER BANK & TRUST 2611 LEGENDS DRIVE PRATTVILLE, AL 36066 |
* | $ 810,312,000 | 1 | $ 39,000 |
FLAGSTAR BANK, N.A. 5151 CORPORATE DRIVE HICKSVILLE, NY 48098 |
* | $ 13,980,496,000 | 1 | $ 419,000 |
NORTHWEST FEDERAL CREDIT UNION 220 SPRING STREET HERNDON, VA 20170 |
* | $ 3,128,362,000 | 1 | $ 70,000 |
SEMPER HOME LOANS, INC 225 DUPONT DRIVE WILMINGTON, DE 02907 |
* | $ -1,000 | 1 | $ 144,000 |
ORIGIN BANK 2211 NORTH 7TH CHOUDRANT, LA 71291 |
* | $ 4,051,724,000 | 1 | $ 38,000 |
CAPITAL ONE, NATIONAL ASSOCIATION 7933 PRESTON ROAD PLANO, TX 75024 |
* | $ 286,080,320,000 | 1 | $ 135,000 |
MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 13,265,339,000 | 1 | $ 27,000 |
KS STATEBANK 1010 WESTLOOP PL MANHATTAN, KS 66502 |
* | $ 1,688,730,000 | 1 | $ 214,000 |
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 |
---|---|---|---|---|---|---|
Home Purchase | 570 | $60,613,000 | $106,000 | $1,115,000 | $63,000 | $2,429,000 |
Refinancing | 517 | $70,913,000 | $137,000 | $1,710,000 | $74,000 | $2,496,000 |
Home Improvement | 126 | $4,690,000 | $37,000 | $222,000 | $58,000 | $300,000 |
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 | 941 | $106,934,000 | $113,000 | $1,309,000 | $75,000 | $2,496,000 |
Not Provided | 86 | $8,969,000 | $104,000 | $339,000 | $59,000 | $265,000 |
Black or African American | 86 | $6,458,000 | $75,000 | $271,000 | $48,000 | $335,000 |
Not applicable | 70 | $11,082,000 | $158,000 | $1,710,000 | $4,000 | $128,000 |
Hispanic | 11 | $696,000 | $63,000 | $135,000 | $27,000 | $54,000 |
American Indian or Alaskan Native | 11 | $1,266,000 | $115,000 | $280,000 | $65,000 | $277,000 |
Asian | 6 | $778,000 | $129,000 | $215,000 | $67,000 | $111,000 |
Native Hawaiian or Other Pacific Islander | 2 | $33,000 | $16,000 | $23,000 | $40,000 | $54,000 |
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) | 838 | $89,257,000 | $106,000 | $1,710,000 | $78,000 | $2,496,000 |
VA-guaranteed (Veterans Administration) | 155 | $23,283,000 | $150,000 | $723,000 | $50,000 | $335,000 |
FHA-insured (Federal Housing Administration) | 153 | $17,189,000 | $112,000 | $257,000 | $39,000 | $133,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 67 | $6,487,000 | $96,000 | $190,000 | $34,000 | $75,000 |
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 | 559 | $68,947,000 | $123,000 | $1,710,000 | $83,000 | $2,496,000 |
Application Denied By Financial Institution | 328 | $27,077,000 | $82,000 | $723,000 | $54,000 | $828,000 |
Application Withdrawn By Applicant | 116 | $14,105,000 | $121,000 | $382,000 | $56,000 | $232,000 |
Loan Purchased By The Institution | 82 | $11,857,000 | $144,000 | $419,000 | $20,000 | $183,000 |
File Closed For Incompleteness | 76 | $7,962,000 | $104,000 | $342,000 | $64,000 | $550,000 |
Application Approved But Not Accepted | 52 | $6,268,000 | $120,000 | $1,115,000 | $86,000 | $761,000 |
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 | 45 | $1,655,000 | $36,000 | $101,000 | $54,000 | $300,000 |
Debt-To-Income Ratio | 32 | $2,963,000 | $92,000 | $230,000 | $39,000 | $99,000 |
Collateral | 30 | $3,877,000 | $129,000 | $630,000 | $77,000 | $828,000 |
Credit Application Incomplete | 14 | $1,583,000 | $113,000 | $260,000 | $58,000 | $168,000 |
Other | 7 | $529,000 | $75,000 | $149,000 | $52,000 | $95,000 |
Insufficient Cash (Downpayment, Closing Cost) | 6 | $208,000 | $34,000 | $75,000 | $12,000 | $19,000 |
Employment History | 4 | $270,000 | $67,000 | $110,000 | $45,000 | $77,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Unverifiable Information | 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.