Escambia County AL
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage statistics and lending data for the Escambia 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 Escambia 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 1,455
Total Mortgage Loan Application Amount $131,949,000
Average Mortgage Loan Application Amount $90,000
Highest Mortgage Loan Application Amount $520,000
Average Applicant Income $56,000
Highest Applicant Income $1,440,000

Mortgage Company List for Lending in Escambia County AL for 2008

* 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
BANKTRUST
107 ST FRANCIS STREET
MOBILE, AL 36602
* $ 1,947,417,000 111 $ 4,962,000
CITIFINANCIAL CORPORATION
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 105 $ 4,656,000
UNITED BANK
PO BOX 8
ATMORE, AL 36504
* $ 456,810,000 103 $ 6,359,000
REGIONS BANK
1900 5TH AVENUE N - ALBH10903B
BIRMINGHAM, AL 35203
* $ 137,049,763,000 101 $ 7,926,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 84 $ 9,869,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 76 $ 6,597,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 73 $ 7,502,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 71 $ 7,519,000
THE MORTGAGE OUTLET, INC.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 42 $ 4,083,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 232,759,503,000 36 $ 2,382,000
GULF WINDS CREDIT UNION
220 E NINE MILE ROAD
PENSACOLA, FL 32534
* $ 299,827,000 35 $ 2,365,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 34 $ 3,602,000
WELLS FARGO FIN'L ALABAMA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 33 $ 3,550,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 33 $ 6,002,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 33 $ 3,543,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 32 $ 2,688,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 24 $ 2,915,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 22 $ 2,817,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 21 $ 3,209,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,757,171,000 18 $ 1,944,000
CU FACTORY BUILT LENDING, LP
6061 IH-10 WEST
SAN ANTONIO, TX 78201
* $ 1,761,607,000 17 $ 854,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 16 $ 1,852,000
NEW SOUTH FEDERAL SAVINGS BANK
1900 CRESTWOOD BOULEVARD
BIRMINGHAM, AL 35210
* $ 1,901,132,000 12 $ 1,372,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 16,938,391,000 11 $ 1,458,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 15,898,003,000 11 $ 508,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 653,269,000,000 11 $ 708,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 10 $ 1,555,000
COLONIAL BANK
P. O BOX 1108
MONTGOMERY, AL 36101
* $ 25,937,048,000 9 $ 775,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 8 $ 810,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 3,608,000,000 8 $ 1,263,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 14,839,190,000 7 $ 108,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 7 $ 580,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 7 $ 610,000
AMERITRUST MORTGAGE INC.
11016 RUSHMORE DRIVE, SUITE 200
CHARLOTTE, NC 28277
* $ 10,000,000 7 $ 1,037,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 6 $ 847,000
INTERNATIONAL MORTGAGE CORP
8258 VETERANS HIGHWAY, STE 10
MILLERSVILLE, MD 21108
* $ 10,000,000 6 $ 578,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 343,735,670,000 6 $ 674,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 6 $ 822,000
BENEFICIAL FINANCIAL I, INC.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 11,000,000 5 $ 748,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 127,698,351,000 5 $ 609,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,312,794,218,000 5 $ 233,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 138,755,343,000 5 $ 430,000
GMS FUNDING, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 5 $ 568,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 18,878,056,000 5 $ 351,000
MASON DIXON FUNDING INC
800 KING FARM BLVD, STE 210A
ROCKVILLE, MD 20850
* $ 10,000,000 4 $ 347,000
HOMEPLUS FINANCE CORPORATION
2143 S. SEPULVEDA BLVD
LOS ANGELES, CA 90025
* $ 40,000,000 4 $ 79,000
ORIGEN FINANCIAL SERVICES LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 4 $ 184,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 4 $ 573,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 4 $ 510,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 4 $ 516,000
CCB COMMUNITY BANK
225 E THREE NOTCH STREET
ANDALUSIA, AL 36420
* $ 293,503,000 4 $ 1,149,000
PEN AIR FEDERAL CREDIT UNION
1495 EAST NINE MILE ROAD
PENSACOLA, FL 32514
* $ 857,977,000 4 $ 185,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 33,011,920,000 3 $ 396,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 12,970,989,000 3 $ 209,000
ACCEPTANCE LOAN COMPANY
121 WEST CHURCH STREET
JACKSON, AL 36545
* $ 70,000,000 3 $ 59,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 175,107,526,000 3 $ 215,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 3 $ 398,000
CRESCENT MORTGAGE COMPANY
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 978,554,000 3 $ 396,000
RBC BANK (GEORGIA), N.A.
8081 ARCO CORPORATE DRIVE
RALEIGH, NC 27617
* $ 709,741,000 3 $ 603,000
PILOT BANK
12471 W. LINEBAUGH AVE
TAMPA, FL 33626
* $ 235,815,000 3 $ 115,000
FIRST AMERICAN BANK
301 FAYETTEVILLE STREET, SUITE 1200
RALEIGH, NC 27601
* $ 3,431,010,000 3 $ 383,000
TMG REAL ESTATE & FINANCIAL
310 W. LIBERTY ST. STE 100
LOUISVILLE, KY 40202
* $ 292,000 3 $ 481,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 3 $ 480,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 3 $ 386,000
MORTGAGEAMERICA, INC.
1800 INTERNATIONAL PARK DR, SUITE 100
BIRMINGHAM, AL 35243
* $ 10,000,000 3 $ 252,000
MAGNOLIA MORTGAGE CO., LLC
1550 SO. UNIVERSITY BLVD.
MOBILE, AL 36609
* $ 10,000,000 3 $ 271,000
PRIMARY RESIDENTIAL MORTGAGE
4750 W WILEY POST WAY SUITE 200
SALT LAKE CITY, UT 84116
* $ 10,000,000 3 $ 457,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 3 $ 263,000
IDEAL MORTGAGE BANKERS, LTD
520 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ 10,000,000 3 $ 336,000
CONSUMER FIRST MORTGAGE, INC.
511 ENERGY CENTER BLVD, SUITE 702
NORTHPORT, AL 35473
* $ 10,000,000 2 $ 96,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 2 $ 289,000
SECURITY ATLANTIC WHOLESALE
499 THORNALL ST, SUITE 220
EDISON, NJ 08837
* $ 10,000,000 2 $ 269,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 244,000
NEW HORIZONS CREDIT UNION
P O BOX 2966
MOBILE, AL 36652
* $ 113,138,000 2 $ 96,000
HOMETOWN MORTGAGE SERVICES INC
5511 HWY 280 E STE 210
BIRMINGHAM, AL 35242
* $ 10,000,000 2 $ 233,000
GMFS, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 2 $ 153,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 2 $ 218,000
CAPITALSOUTH BANK
2340 WOODCREST PLACE
BIRMINGHAM, AL 35209
* $ 768,068,000 2 $ 323,000
WACHOVIA MORTGAGE CORP
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 2 $ 179,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 97,517,902,000 2 $ 29,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,251,715,000,000 2 $ 55,000
MORTGAGE LION, INC.
327 S. MAIN STREET
FITZGERALD, GA 31750
* $ 50,000,000 2 $ 323,000
CENTURY BANK
P O BOX 647
LUCEDALE, MS 39452
* $ 229,713,000 2 $ 102,000
RBC BANK
131 NORTH CHURCH STREET
ROCKY MOUNT, NC 27804
* $ 25,522,710,000 2 $ 318,000
BBVA USA
15 SOUTH 20TH STREET
BIRMINGHAM, AL 35233
* $ 43,810,702,000 2 $ 164,000
FIDELITY BANK
100 E ENGLISH
WICHITA, KS 67202
* $ 1,816,477,000 2 $ 111,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 2 $ 67,000
ALL IN
238 VIRGINIA AVENUE
DALEVILLE, AL 36322
* $ 663,747,000 2 $ 112,000
FAMILY SECURITY CREDIT UNION
2204 FAMILY SECURITY PLACE SW
DECATUR, AL 35603
* $ 338,363,000 1 $ 155,000
CHARLES SCHWAB BANK
211 MAIN STREET
SAN FRANCISCO, CA 94105
* $ 14,762,983,000 1 $ 278,000
MERRILL LYNCH CREDIT CORP.
4804 DEER LAKE DRIVE EAST BLDG 3 FL 5
JACKSONVILLE, FL 32246
* $ 4,500,000,000 1 $ 95,000
EVERHOME MORTGAGE COMPANY
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 1 $ 89,000
COMMUNITY FIRST BANK
3725 OLD COURT ROAD
BALTIMORE, MD 21208
* $ 66,540,000 1 $ 142,000
NATIONWIDE BANK
ONE NATIONWIDE PLAZA, 2-14-05
COLUMBUS, OH 43215
* $ 1,126,185,000 1 $ 15,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 5,518,089,000 1 $ 44,000
AMERICAN STERLING BANK
535 S STERLING
SUGAR CREEK, MO 64054
* $ 272,321,000 1 $ 58,000
ATLANTIC COAST BANK
505 HAINES AVENUE
WAYCROSS, GA 31501
* $ 922,061,000 1 $ 81,000
LIBERTY SAVINGS BANK, FSB
2251 ROMBACH AVE.
WILMINGTON, OH 45177
* $ 1,700,637,000 1 $ 25,000
THIRD FEDERAL SAVINGS AND LOAN
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 10,442,308,000 1 $ 36,000
GUARANTY BANK
8333 DOUGLAS AVENUE
DALLAS, TX 75225
* $ 16,674,004,000 1 $ 198,000
GATEWAY BANK, FSB
2336 MERCED STREET
SAN LEANDRO, CA 94577
* $ 403,955,000 1 $ 102,000
NORTH AMERICAN SAVINGS BANK
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,507,032,000 1 $ 250,000
LENDMARK FINANCIAL SERVICES
223 W NASH ST
WILSON, NC 27893
* $ 43,592,768,000 1 $ 45,000
SYNOVUS MORTGAGE CORPORATION
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 473,030,000 1 $ 54,000
GREAT SOUTHERN BANK
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 2,433,336,000 1 $ 37,000
TRADITIONS BANK
109 SECOND AVE NW
CULLMAN, AL 35055
* $ 154,874,000 1 $ 12,000
WELLS FARGO FIN'L SYS FLORIDA
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 1 $ 35,000
COASTAL COMMUNITY BANK
12141 PANAMA CITY BEACH PARKWAY
PANAMA CITY BEACH, FL 32407
* $ 348,881,000 1 $ 154,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 36,725,591,000 1 $ 58,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,028,246,000 1 $ 86,000
WINTRUST MORTGAGE CORPORATION
660 MIDWEST RD SUITE 100
OAK BROOK TERRACE, IL 60181
* $ 300,000,000 1 $ 74,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 1 $ 155,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 33,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 1 $ 96,000
ACOPIA, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 1 $ 164,000
DBA HOMEPOINT LENDING
959 SOUTH COAST DRIVE #490
COSTA MESA, CA 92626
* $ 10,000,000 1 $ 170,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 1 $ 84,000
BIRMINGHAM BANCORP MORTGAGE
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 1 $ 78,000
SILVERTON MORTGAGE SPECIALISTS, INC.
1201 PEACHTREE STREET NE STE 2050
ATLANTA, GA 30361
* $ 40,000,000 1 $ 150,000
CTX MORTGAGE COMPANY, LLC
1603 LBJ FREEWAY FL 6
DALLAS, TX 75234
* $ 31,000,000 1 $ 45,000
ALETHES, LLC
8601 RR 2222 SUITE 1-150
AUSTIN, TX 78730
* $ 10,000,000 1 $ 174,000
FIRST CHOICE FUNDING, INC.
2100 RIVERCHASE CENTER STE 100
BIRMINGHAM, AL 35244
* $ 10,000,000 1 $ 140,000
ARK-LA-TEX FINANCIAL SERVICES
5160 TENNYSON PKWY, SUITE 2000W
PLANO, TX 75024
* $ 10,000,000 1 $ 139,000
GATEWAY MORTGAGE GROUP LLC
6910 E 14TH ST
TULSA, OK 74112
* $ 10,000,000 1 $ 118,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 86,000
MAIN STREET HOME LOANS LLC
4010 OLD MILTON PARKWAY
ALPHARETTA, GA 30005
* $ 11,000,000 1 $ 157,000
P.G.A. MORTGAGE CO., LLC
1609 W MAIN ST STE 203
DOTHAN, AL 36301
* $ 7,026,000 1 $ 101,000
AVADIAN
1 RIVERCHASE PKWY S
HOOVER, AL 35244
* $ 341,500,000 1 $ 58,000
MID-ATLANTIC FINANCIAL SERVICE
200 GALLERIA PARKWAY SUITE 1300
ATLANTA, GA 30008
* $ 10,000,000 1 $ 288,000
NTFN, INC.
700 STATE HIGHWAY 121, SUITE 100
LEWISVILLE, TX 75067
* $ 10,000,000 1 $ 78,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 68,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 70,000

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 Escambia County AL in 2008

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 818 $84,131,000 $102,000 $451,000 $58,000 $1,440,000
Home Purchase 412 $39,667,000 $96,000 $520,000 $56,000 $603,000
Home Improvement 225 $8,151,000 $36,000 $314,000 $47,000 $173,000

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 866 $79,896,000 $92,000 $520,000 $61,000 $1,440,000
Black or African American 304 $22,740,000 $74,000 $340,000 $43,000 $133,000
Not Provided 172 $16,613,000 $96,000 $295,000 $51,000 $603,000
Not applicable 55 $6,758,000 $122,000 $440,000 $28,000 $290,000
American Indian or Alaskan Native 31 $3,246,000 $104,000 $230,000 $73,000 $213,000
Hispanic 20 $1,723,000 $86,000 $204,000 $73,000 $424,000
Native Hawaiian or Other Pacific Islander 5 $900,000 $180,000 $227,000 $105,000 $130,000
Asian 2 $73,000 $36,000 $56,000 $43,000 $65,000

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) 1,070 $86,560,000 $80,000 $520,000 $56,000 $1,440,000
FHA-insured (Federal Housing Administration) 328 $39,737,000 $121,000 $337,000 $55,000 $282,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 43 $3,973,000 $92,000 $170,000 $37,000 $80,000
VA-guaranteed (Veterans Administration) 14 $1,679,000 $119,000 $260,000 $56,000 $142,000

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 $47,225,000 $84,000 $451,000 $61,000 $1,440,000
Application Denied By Financial Institution 421 $34,457,000 $81,000 $520,000 $47,000 $603,000
Loan Purchased By The Institution 178 $21,111,000 $118,000 $300,000 $54,000 $424,000
Application Withdrawn By Applicant 141 $15,164,000 $107,000 $347,000 $58,000 $381,000
Application Approved But Not Accepted 102 $7,154,000 $70,000 $250,000 $49,000 $185,000
File Closed For Incompleteness 54 $6,838,000 $126,000 $337,000 $70,000 $286,000
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 97 $5,926,000 $61,000 $265,000 $45,000 $276,000
Debt-To-Income Ratio 30 $3,039,000 $101,000 $520,000 $34,000 $167,000
Collateral 23 $1,850,000 $80,000 $171,000 $42,000 $89,000
Credit Application Incomplete 14 $1,943,000 $138,000 $258,000 $69,000 $119,000
Other 9 $890,000 $98,000 $156,000 $51,000 $93,000
Unverifiable Information 7 $820,000 $117,000 $200,000 $55,000 $100,000
Employment History 3 $309,000 $103,000 $150,000 $27,000 $36,000
Insufficient Cash (Downpayment, Closing Cost) 3 $201,000 $67,000 $89,000 $63,000 $71,000
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