Dallas County AL
Mortgage Loan Application
Totals and Details
for 2022

Find mortgage statistics and lending data for the Dallas 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 Dallas 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 901
Total Mortgage Loan Application Amount $109,645,000
Average Mortgage Loan Application Amount $121,000
Highest Mortgage Loan Application Amount $1,675,000
Average Applicant Income $66,000
Highest Applicant Income $2,529,000

Mortgage Company List for Lending in Dallas County AL for 2022

* 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
* $ 162,193,000,000 73 $ 5,185,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 61 $ 6,405,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 59 $ 6,135,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 17,593,319,000 59 $ 5,895,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,779,504,000,000 28 $ 2,100,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 25 $ 3,715,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 24 $ 2,690,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 551,902,526,000 23 $ 1,665,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 23 $ 3,465,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 22 $ 2,200,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 12,582,271,000 18 $ 1,820,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 17 $ 2,155,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 16 $ 2,590,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 15 $ 2,245,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 14 $ 2,020,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 13 $ 2,165,000
HAMILTON MORTGAGE CORPORATION
2850 19TH ST S, SUITE 300
BIRMINGHAM, AL 35209
* $ -1,000 13 $ 2,365,000
HOMETOWN LENDERS, INC.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 12 $ 1,230,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 12 $ 1,330,000
MUTUAL SAVINGS CREDIT UNION
2040 VALLEYDALE ROAD
BIRMINGHAM, AL 35244
* $ 217,479,000 12 $ 1,280,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 11 $ 2,365,000
GMFS LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ -1,000 11 $ 1,745,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 11 $ 2,135,000
GUARDIAN CREDIT UNION
616 MADISON AVENUE
MONTGOMERY, AL 36131
* $ 763,618,000 8 $ 1,100,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 8 $ 1,220,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 8 $ 990,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 8 $ 1,140,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 7 $ 1,075,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,342,526,000 7 $ 455,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 6 $ 720,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 3,655,190,000 6 $ 760,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 5 $ 575,000
ALABAMA STATE EMPLOYEES CREDIT UNION
1000 INTERSTATE PARK DRIVE
MONTGOMERY, AL 36109
* $ 434,038,000 5 $ 535,000
HOMESTAR FINANCIAL CORPORATION
332 WASHINGTON STREET, NW
GAINESVILLE, GA 30501
* $ -1,000 5 $ 535,000
PANORAMA MORTGAGE GROUP, LLC
350 SOUTH RAMPART BLVD, STE 310
LAS VEGAS, NV 89145
* $ -1,000 5 $ 485,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 5 $ 515,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 5 $ 745,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 5 $ 695,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,726,840,000 5 $ 485,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 5 $ 1,075,000
DATA MORTGAGE, INC.
2200 W. ORANGEWOOD AVE SUITE 150
ORANGE, CA 92868
* $ -1,000 4 $ 590,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 4 $ 710,000
CSL FINANCIAL, LLC
500 OFFICE PARK DRIVE, SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 4 $ 570,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 4 $ 560,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 4 $ 250,000
CERTAINTY HOME LOANS, LLC
6101 WEST PLANO PARKWAY
PLANO, TX 75093
* $ -1,000 4 $ 420,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 4 $ 210,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 32,127,026,000 4 $ 330,000
COUNTRYPLACE MORTGAGE, LTD.
15301 SPECTRUM DR. STE 550
ADDISON, TX 75001
* $ -1,000 4 $ 440,000
CADENCE BANK
P O BOX 789
TUPELO, MS 38802
* $ 47,665,560,000 4 $ 610,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 3 $ 395,000
CIS FINANCIAL SERVICES, INC.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 3 $ 415,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 3 $ 465,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 3 $ 605,000
LOWER, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 3 $ 295,000
MAX CREDIT UNION
400 EASTDALE CIRCLE
MONTGOMERY, AL 36117
* $ 2,021,706,000 3 $ 545,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 505,000
UNITED COMMUNITY BANK
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 20,897,645,000 3 $ 285,000
SOFI LENDING CORP.
375 HEALDSBURG AVENUE, SUITE 280
HEALDSBURG, CA 95448
* $ -1,000 3 $ 315,000
SOUTHPOINT BANK
3501 GRANDVIEW PARKWAY
BIRMINGHAM, AL 35243
* $ 718,818,000 3 $ 365,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 154,617,469,000 3 $ 295,000
CITY NATIONAL BANK
555 SOUTH FLOWER STREET
LOS ANGELES, CA 90071
* $ 93,227,302,000 2 $ 1,150,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 2 $ 250,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 230,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 2 $ 160,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 280,000
FAMILY SECURITY CREDIT UNION
2204 FAMILY SECURITY PLACE SW
DECATUR, AL 35603
* $ 941,244,000 2 $ 190,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 2 $ 190,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ -1,000 2 $ 180,000
SOUTHSTATE BANK, NATIONAL ASSOCIATION
1101 1ST STREET SOUTH
WINTER HAVEN, FL 33880
* $ 41,822,249,000 2 $ 320,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 120,000
AUSTIN CAPITAL BANK SSB
8100 SHOAL CREEK BLVD
AUSTIN, TX 78757
* $ 414,678,000 2 $ 210,000
COMMUNITY BANK OF MISSISSIPPI
323 EAST THIRD STREET
FOREST, MS 39074
* $ 4,444,664,000 2 $ 150,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 390,000
LIMA ONE CAPITAL, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ -1,000 2 $ 190,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 2 $ 460,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 117,378,701,000 2 $ 320,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 16,793,269,000 2 $ 160,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 2 $ 350,000
DIRECT MORTGAGE LOANS, LLC
111011 MCCORMICK RD, SUITE 400
HUNT VALLEY, MD 21031
* $ -1,000 2 $ 480,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 188,069,637,000 2 $ 160,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 140,000
MISSION LOANS, LLC
5686 DRESSLER ROAD, NW
NORTH CANTON, OH 44720
* $ -1,000 1 $ 75,000
DSLD MORTGAGE, LLC
13348 COURSEY BLVD. SUITE D
BATON ROUGE, LA 70816
* $ -1,000 1 $ 115,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 154,830,000,000 1 $ 115,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 209,696,785,000 1 $ 165,000
CONSUMER FIRST MORTGAGE, INC.
511 ENERGY CENTER BLVD, SUITE 702
NORTHPORT, AL 35473
* $ -1,000 1 $ 55,000
MID-CONTINENT FUNDING, INC.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 1 $ 105,000
KIND LENDING, LLC
9931 CORPORATE CAMPUS DR, STE 1200
LOUISVILLE, KY 40223
* $ -1,000 1 $ 165,000
1ST FRANKLIN FINANCIAL CORPORATION
135 E. TUGALO ST.
TOCCOA, GA 30577
* $ -1,000 1 $ 15,000
FIDELITY BANK
201 ST. CHARLES AVE SUITE 2710
NEW ORLEANS, LA 70170
* $ 1,071,980,000 1 $ 85,000
INTERLINC MORTGAGE SERVICES, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77064
* $ -1,000 1 $ 115,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 105,000
ON Q FINANCIAL, INC.
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85251
* $ -1,000 1 $ 245,000
FIRST BANK OF ALABAMA
120 NORTH ST E
TALLADEGA, AL 35160
* $ 877,527,000 1 $ 105,000
BANKFIRST FINANCIAL SERVICES
PO BOX 31
MACON, MS 39341
* $ 1,818,788,000 1 $ 235,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 1 $ 375,000
ALABAMA ONE CREDIT UNION
1215 VETERANS MEMORIAL PARKWAY
TUSCALOOSA, AL 35404
* $ 938,632,000 1 $ 225,000
STIFEL BANK AND TRUST
501 N BROADWAY
ST. LOUIS, MO 63141
* $ 18,959,414,000 1 $ 75,000
SOFI BANK, NATIONAL ASSOCIATION
2750 E COTTONWOOD PKWY STE 300
COTTONWOOD HEIGHTS, UT 84121
* $ 174,662,000 1 $ 105,000
NEXBANK
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 10,822,403,000 1 $ 75,000
LENDINGONE, LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 5,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 32,520,025,000 1 $ 245,000
CONSUMER REAL ESTATE FINANCE CO.
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ -1,000 1 $ 245,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 55,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 172,820,000,000 1 $ 75,000
EQUITY PRIME MORTGAGE LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 265,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ -1,000 1 $ 125,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 75,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,177,145,000 1 $ 85,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 175,000
ALLIANT CREDIT UNION
11545 W TOUHY
CHICAGO, IL 60666
* $ 15,151,012,000 1 $ 175,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 1 $ 65,000
TJC MORTGAGE, INC.
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ -1,000 1 $ 255,000
HOMEPROMISE CORPORATION
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ -1,000 1 $ 215,000
JUSTICE FEDERAL CREDIT UNION
5175 PARKSTONE DRIVE, STE. 200
CHANTILLY, VA 20151
* $ 936,708,000 1 $ 85,000
MEMBERS COOPERATIVE
4628 MIKE COLALILLO DR
DULUTH, MN 55807
* $ 1,064,401,000 1 $ 75,000
HOMETOWN EQUITY MORTGAGE, LLC
151 NORTH SERVICE ROAD
ST PETERS, MO 63376
* $ -1,000 1 $ 95,000
WEST ALABAMA BANK & TRUST
P O BOX 310
REFORM, AL 35481
* $ 773,500,000 1 $ 125,000
JEFFERSON FINANCIAL
7701 AIRLINE DR
METAIRIE, LA 70003
* $ 847,141,000 1 $ 105,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ATLANTA, GA 30350
* $ -1,000 1 $ 225,000
ASSURANCE FINANCIAL GROUP, L.L.C.
9029 JEFFERSON HIGHWAY SUITE 100
BATON ROUGE, LA 70809
* $ -1,000 1 $ 255,000
RIVER BANK & TRUST
2611 LEGENDS DRIVE
PRATTVILLE, AL 36066
* $ 2,395,648,000 1 $ 115,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 1 $ 95,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 155,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 75,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
CHARLOTTE, NC 28277
* $ -1,000 1 $ 25,000
TROY BANK AND TRUST COMPANY
1000 US-231
TROY, AL 36081
* $ 1,393,405,000 1 $ 1,675,000

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 Dallas County AL in 2022

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 524 $66,430,000 $126,000 $435,000 $67,000 $2,529,000
Cash-out Refinancing 151 $20,665,000 $136,000 $775,000 $60,000 $307,000
Refinancing 117 $15,075,000 $128,000 $1,675,000 $71,000 $540,000
Other Purpose 54 $4,410,000 $81,000 $575,000 $75,000 $228,000
Home Improvement 46 $2,390,000 $51,000 $205,000 $61,000 $285,000
Not Applicable 9 $675,000 $75,000 $145,000 $26,000 $26,000

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
Black or African American 456 $49,020,000 $107,000 $435,000 $60,000 $2,529,000
White 269 $34,185,000 $127,000 $485,000 $78,000 $540,000
Not Provided 96 $13,810,000 $143,000 $775,000 $61,000 $156,000
Not applicable 68 $11,130,000 $163,000 $1,675,000 $69,000 $113,000
Hispanic 6 $880,000 $146,000 $255,000 $98,000 $225,000
American Indian or Alaskan Native 4 $400,000 $100,000 $235,000 $34,000 $58,000
Asian 2 $220,000 $110,000 $115,000 $60,000 $95,000
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) 610 $68,020,000 $111,000 $1,675,000 $70,000 $2,529,000
FHA-insured (Federal Housing Administration) 184 $24,640,000 $133,000 $375,000 $54,000 $172,000
VA-guaranteed (Veterans Administration) 74 $12,590,000 $170,000 $775,000 $67,000 $225,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 33 $4,395,000 $133,000 $265,000 $51,000 $74,000

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 320 $39,880,000 $124,000 $1,675,000 $72,000 $486,000
Application Denied By Financial Institution 287 $32,295,000 $112,000 $775,000 $63,000 $2,529,000
Application Withdrawn By Applicant 117 $15,455,000 $132,000 $565,000 $56,000 $235,000
File Closed For Incompleteness 79 $9,795,000 $123,000 $575,000 $64,000 $200,000
Loan Purchased By The Institution 61 $8,605,000 $141,000 $375,000 $73,000 $113,000
Application Approved But Not Accepted 30 $2,890,000 $96,000 $425,000 $87,000 $540,000
Preapproval Denied by Financial Institution 6 $630,000 $105,000 $205,000 $50,000 $98,000
Preapproval Approved but not Accepted 1 $95,000 $95,000 $95,000 $31,000 $31,000

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 594 $75,130,000 $126,000 $1,675,000 $68,000 $540,000
Credit History 150 $15,640,000 $104,000 $775,000 $63,000 $2,529,000
Debt-To-Income Ratio 72 $9,240,000 $128,000 $575,000 $68,000 $412,000
Collateral 27 $3,145,000 $116,000 $295,000 $65,000 $213,000
Credit Application Incomplete 19 $2,075,000 $109,000 $255,000 $53,000 $147,000
Unverifiable Information 19 $1,965,000 $103,000 $215,000 $61,000 $258,000
Other 17 $1,775,000 $104,000 $255,000 $67,000 $228,000
Insufficient Cash (Downpayment, Closing Cost) 3 $675,000 $225,000 $485,000 $125,000 $307,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
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