Franklin County AL
Mortgage Loan Application
Totals and Details
for 2005

Find mortgage statistics and lending data for the Franklin 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 Franklin 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 1,600
Total Mortgage Loan Application Amount $120,029,000
Average Mortgage Loan Application Amount $75,000
Highest Mortgage Loan Application Amount $1,097,000
Average Applicant Income $43,000
Highest Applicant Income $835,000

Mortgage Company List for Lending in Franklin County AL for 2005

* 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
CB&S BANK, INC.
200 JACKSON AVE. S.
RUSSELLVILLE, AL 35653
* $ 528,733,000 287 $ 16,253,000
AMERIQUEST MORTGAGE COMPANY
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 96 $ 8,929,000
HOMEOWNERS LOAN CORPORATION
4501 CIRCLE 75 PARKWAY, SUITE D-4300
ATLANTA, GA 30339
* $ 1,840,459,615,000 71 $ 4,549,000
LISTERHILL CREDIT UNION
P O BOX 566
MUSCLE SHOALS, AL 35660
* $ 293,739,000 68 $ 3,870,000
IRWIN MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 47037
* $ 4,870,451,000 65 $ 6,450,000
CITIFINANCIAL CORPORATION
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,484,101,000,000 58 $ 2,629,000
VALLEY STATE BANK
15565 HWY 43
RUSSELLVILLE, AL 35653
* $ 117,629,000 56 $ 9,270,000
VANDERBILT MORTGAGE
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 55 $ 1,819,000
HFC COMPANY LLC
140 INDUSTRIAL DRIVE
ELMHURST, IL 60126
* $ 97,714,234,000 49 $ 2,513,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 128,495,705,000 47 $ 4,283,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 45 $ 2,999,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 27 $ 1,769,000
COLONIAL BANK, N.A.
PO BOX 1108 - CORPORATE COMPLIANCE
MONTGOMERY, AL 36101
* $ 18,884,741,000 26 $ 1,442,000
WELLS FARGO FIN'L ALABAMA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 425,071,000 25 $ 2,440,000
REGIONS BANK
1900 5TH AVENUE N - ALBH10903B
BIRMINGHAM, AL 35203
* $ 49,210,377,000 22 $ 1,717,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 22 $ 1,637,000
ARGENT MORTGAGE COMPANY
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 22 $ 1,491,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 19 $ 1,594,000
MOLTON, ALLEN & WILLIAMS MTG
1000 URBAN CENTER DRIVE, STE 500
BIRMINGHAM, AL 35242
* $ 10,000,000 19 $ 2,377,000
NEW SOUTH FEDERAL SAVINGS BANK
1900 CRESTWOOD BOULEVARD
BIRMINGHAM, AL 35210
* $ 1,482,420,000 18 $ 1,416,000
HOME123 CORPORATION
3351 MICHELSON DRIVE, SUITE 400
IRVINE, CA 92612
* $ 10,000,000 18 $ 3,941,000
THE MORTGAGE OUTLET, INC.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 18 $ 1,227,000
ALABAMA CENTRAL
3601 4TH AVE S
BIRMINGHAM, AL 35222
* $ 193,711,000 15 $ 761,000
AMSOUTH BANK
P.O. BOX 11007 - AC-10
BIRMINGHAM, AL 35288
* $ 49,711,241,000 14 $ 905,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 967,365,000,000 14 $ 865,000
NOVASTAR HOME MORTGAGE, INC.
8140 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 10,000,000 14 $ 1,187,000
ORIGEN FINANCIAL SERVICES LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 13 $ 581,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 32,424,600,000 13 $ 865,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 12 $ 756,000
CITIFINANCIAL MTG CO, INC
4000 REGENT BLVD
IRVING, TX 75063
* $ 32,424,600,000 11 $ 976,000
CHASE MANHATTAN BANK USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 88,743,171,000 11 $ 772,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 366,256,000,000 11 $ 798,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 130,780,100,000 11 $ 771,000
OPTION ONE MORTGAGE CORP
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 10 $ 697,000
CUMBERLAND BANK
231 SOUTH ROYAL OAKS BOULEVARD
FRANKLIN, TN 37064
* $ 686,192,000 10 $ 1,267,000
H&R BLOCK MORTGAGE CORPORATION
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 10 $ 688,000
CALUSA INVESTMENTS, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 9 $ 800,000
BANK INDEPENDENT
710 S MONTGOMERY AVE
SHEFFIELD, AL 35660
* $ 410,337,000 9 $ 455,000
WASHINGTON MUTUAL BANK
227 EAST AVENUE
ALBION, NY 14411
* $ 272,927,502,000 9 $ 746,000
TRADERS & FARMERS BANK
PO BOX 550
HALEYVILLE, AL 35565
* $ 338,479,000 9 $ 571,000
MBNA AMERICA DELAWARE, N.A.
200 N COLLEGE ST NC1-004-04-13
CHARLOTTE, NC 28255
* $ 3,919,502,000 9 $ 607,000
NETBANK FUNDINGS SERVICES
9710 TWO NOTCH ROAD
COLUMBIA, SC 29223
* $ 4,600,723,000 8 $ 707,000
GMFS, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 8 $ 773,000
EVABANK
1710 CHEROKEE AVE SW
EVA, AL 35055
* $ 198,138,000 8 $ 268,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 7 $ 759,000
CITIMORTGAGE, INC
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 59,720,267,000 7 $ 501,000
NATIONAL CITY BANK OF INDIANA
1900 EAST NINTH
CLEVELAND, OH 44114
* $ 28,456,701,000 7 $ 714,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 6 $ 512,000
GREEN TREE SERVICING LLC
345 ST. PETER STREET
ST. PAUL, MN 55102
* $ 31,000,000 6 $ 230,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 49,210,377,000 6 $ 634,000
BBVA USA
15 SOUTH 20TH STREET
BIRMINGHAM, AL 35233
* $ 28,213,983,000 5 $ 278,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 389,963,000,000 5 $ 344,000
WACHOVIA MORTGAGE CORP
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 5 $ 331,000
SOVEREIGN BANK
1130 BERKSHIRE BOULEVARD
WYOMISSING, PA 19610
* $ 54,454,684,000 5 $ 449,000
SOUTHBANK
118 JEFFERSON STREET
HUNTSVILLE, AL 35801
* $ 422,125,000 4 $ 494,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MOUNT LAUREL, NJ 08054
* $ 31,000,000 4 $ 463,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 194,436,638,000 4 $ 200,000
IVANHOEFINANCIAL
604 COURTLAND STREET, STE 320
ORLANDO, FL 32804
* $ 10,000,000 4 $ 263,000
HSBC MORTGAGE SERVICES, INC.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 18,823,411,000 4 $ 456,000
E-LOAN, INC.
6230 STONERIDGE MALL ROAD
PLEASANTON, CA 94588
* $ 10,000,000 4 $ 426,000
FINANCE AMERICA
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 250,000,000 4 $ 303,000
CU FACTORY BUILT LENDING, LP
6061 IH-10 WEST
SAN ANTONIO, TX 78201
* $ 1,761,607,000 4 $ 139,000
FIRST MAGNUS FINANCIAL CORP
603 N. WILMOT ROAD
TUCSON, AZ 85711
* $ 10,000,000 4 $ 221,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 7,000,000,000 3 $ 191,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 3 $ 200,000
DELTA FUNDING CORPORATION
1000 WOODBURY ROAD
WOODBURY, NY 11797
* $ 31,000,000 3 $ 179,000
COMMUNITY BANK
P O BOX 1000
BLOUNTSVILLE, AL 35031
* $ 546,287,000 3 $ 161,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 771,618,758,000 3 $ 284,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 13,770,188,000 3 $ 210,000
ABN AMRO MTG GROUP INC
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 250,000,000 3 $ 397,000
AIG FEDERAL SAVINGS BANK
600 N KING STREET, SUITE 2
WILMINGTON, DE 19801
* $ 1,663,205,000 3 $ 354,000
INDYMAC BANK, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 15,675,394,000 3 $ 222,000
LONG BEACH MORTGAGE CO.
227 EAST AVENUE
ALBION, NY 14411
* $ 10,000,000 3 $ 242,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 19,456,642,000 3 $ 265,000
MORTGAGE LENDERS NETWORK USA
213 COURT STREET
MIDDLETOWN, CT 06457
* $ 10,000,000 3 $ 305,000
MORTGAGEAMERICA, INC.
1800 INTERNATIONAL PARK DR, SUITE 100
BIRMINGHAM, AL 35243
* $ 10,000,000 3 $ 158,000
NEW CENTURY MORTGAGE CORPORATI
18400 VON KARMAN AVE., SUITE 1000
IRVINE, CA 92612
* $ 10,000,000 3 $ 379,000
SUPERIOR BANK
17 NORTH 20TH STREET
BIRMINGHAM, AL 35203
* $ 1,400,000,000 3 $ 311,000
SYNOVUS MORTGAGE CORPORATION
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 473,030,000 2 $ 111,000
TIERONE BANK
1235 "N" STREET
LINCOLN, NE 68508
* $ 3,043,312,000 2 $ 76,000
WALTER MORTGAGE COMPANY
4211 W. BOY SCOUT BLVD.
TAMPA, FL 33607
* $ 10,000,000 2 $ 151,000
VALLEY CREDIT UNION
P O BOX 388
TUSCUMBIA, AL 35674
* $ 39,047,000 2 $ 110,000
MERRILL LYNCH MORTGAGE LENDING
4 WORLD FINANCIAL CENTER, 12TH FLOOR
NEW YORK, NY 10280
* $ 19,717,040,000 2 $ 100,000
AMERITRUST MORTGAGE COMPANY LL
14045 BALLANTYNE CORPORATE PLACE SUITE 2
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 233,000
BANCORPSOUTH BANK
P O BOX 789
TUPELO, MS 38802
* $ 10,844,752,000 2 $ 185,000
AEGIS FUNDING CORPORATION
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 2 $ 79,000
AEGIS WHOLESALE CORPORATION
3250 BRIARPARK DR SUITE 400
HOUSTON, TX 77042
* $ 10,000,000 2 $ 107,000
AMC MORTGAGE SERVICES, INC.
1100 TOWN & COUNTRY ROAD, SUITE 1100
IRVINE, CA 92868
* $ 10,000,000 2 $ 203,000
CHALLENGE FINANCIAL INVESTORS
360 CENTRAL AVENUE SUITE #600
SAINT PETERSBURG, FL 33701
* $ 10,000,000 2 $ 144,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 2 $ 284,000
CITIBANK, FSB
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 27,779,034,000 2 $ 190,000
FIRST HORIZON HOME LOAN CORP
4000 HORIZON WAY
IRVING, TX 75063
* $ 1,446,000,000 2 $ 167,000
DECISION ONE MORTGAGE
26525 N. RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 339,807,228,000 2 $ 181,000
CREVECOR MORTGAGE INC
1150 HANLEY INDUSTRIAL CRT
BRENTWOOD, MO 63144
* $ 12,730,945,000 2 $ 203,000
GLOBAL EQUITY LENDING, INC.
6465 EAST JOHNS CROSSING
JOHNS CREEK, GA 30097
* $ 10,000,000 2 $ 190,000
FIRST NATIONAL BANKERS BANK
7813 OFFICE PARK BLVD
BATON ROUGE, LA 70809
* $ 232,722,000 2 $ 157,000
FIRST SOUTHERN BANK
303 NORTH PINE STREET
FLORENCE, AL 35630
* $ 96,644,000 2 $ 157,000
FIRSTCITYBANK
831 FAIRWAYS COURT
STOCKBRIDGE, GA 31802
* $ 108,900,000 2 $ 120,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 13,102,536,000 1 $ 203,000
FRANKLIN BANK SSB
9800 RICHMOND, SUITE 680
HOUSTON, TX 77042
* $ 3,477,922,000 1 $ 68,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 20,000
GEORGIA BANKING COMPANY
6190 POWERS FERRY ROAD, SUITE 150
ATLANTA, GA 30339
* $ 145,061,000 1 $ 130,000
GMAC BANK
4 WALNUT GROVE
HORSHAM, PA 19044
* $ 3,880,165,000 1 $ 44,000
HAMILTON MORTGAGE
1 INDEPENDENCE PLAZA, SUITE 416
BIRMINGHAM, AL 35209
* $ 10,000,000 1 $ 70,000
GREENPOINT MORTGAGE FUNDING
4 COLISEUM CENTRE, 2730 WEST TYVOLA ROAD
CHARLOTTE, NC 28217
* $ 6,677,533,000 1 $ 43,000
COUNTRYWIDE MTG. VENTURES, LLC
35 N. LAKE AVENUE MS 35-148
PASADENA, CA 91101
* $ 128,495,705,000 1 $ 80,000
CRESCENT MORTGAGE COMPANY
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 478,447,000 1 $ 120,000
CUNA MUTUAL MORTGAGE CORPORATI
2908 MARKETPLACE DRIVE SUITE 100
MADISON, WI 53719
* $ 10,000,000 1 $ 133,000
FIRST INDEPENDENT MORTGAGE
11225 SE 6TH STREET SUITE 110
BELLEVUE, WA 98004
* $ 659,325,000 1 $ 59,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
NASHVILLE, TN 37129
* $ 10,000,000 1 $ 40,000
EQUITY ONE
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 19,257,000,000 1 $ 78,000
BANK OF BLUE VALLEY
11935 RILEY
OVERLAND PARK, KS 66213
* $ 654,129,000 1 $ 83,000
BEST RATE FUNDING CORP
2 MAC ARTHUR PLACE, STE. 800
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 181,000
CADENCE BANK, N.A.
2100 3RD AVE N
BIRMINGHAM, AL 35203
* $ 1,092,335,000 1 $ 15,000
CORINTHIAN MORTGAGE CORP
5750 W 95TH STREET, SUITE 155
OVERLAND PARK, KS 66207
* $ 341,661,000 1 $ 72,000
COUNTRYWIDE BANK, N.A.
35 NORTH LAKE, MS 35-148
PASADENA, CA 91101
* $ 40,963,356,000 1 $ 110,000
CITIZENS BANK
130 S BROAD STREET
NEW TAZEWELL, TN 37825
* $ 132,295,000 1 $ 101,000
AMERICAN HOME BANK
3840 HEMPLAND ROAD
MOUNTVILLE, PA 17554
* $ 167,271,000 1 $ 143,000
AMERICAN MORTGAGE EXPRESS CORP
136 GAITHER DRIVE
MOUNT LAUREL, NJ 08054
* $ 10,000,000 1 $ 57,000
TOGETHER CREDIT UNION
MICHAEL DOUGHERTY
SAINT LOUIS, MO 63118
* $ 682,324,000 1 $ 40,000
MILLENNIUM CAPITAL INC
1601 WASHINGTON PLAZA
RESTON, VA 20190
* $ 35,967,000 1 $ 66,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 1 $ 62,000
SIGNATURE FEDERAL CREDIT UNION
12 HERBERT ST.
ALEXANDRIA, VA 22313
* $ 181,871,000 1 $ 65,000
NATIONAL MORTGAGE NETWORK, INC
23461 SOUTHPOINT DRIVE #260
LAGUNA HILLS, CA 92653
* $ 10,000,000 1 $ 66,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
DOVER, DE 20759
* $ 4,088,336,000 1 $ 65,000
PENTAGON FEDERAL CREDIT UNION
14300 SULLYFIELD CIRCLE
CHANTILLY, VA 20151
* $ 7,021,387,000 1 $ 136,000
NOVASTAR MORTGAGE
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 1 $ 61,000
LAUDERDALE COUNTY TEACHERS CRE
103 MANGUM STREET
FLORENCE, AL 35630
* $ 35,190,000 1 $ 79,000
MERCHANTS AND FARMERS BANK
134 WEST WASHINGTON ST
KOSCIUSKO, MS 39090
* $ 1,139,203,000 1 $ 38,000
HOMETOWN LENDERS, INC.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ 662,000 1 $ 45,000
HOMETOWN MORTGAGE SERVICES INC
5511 HWY 280 E STE 210
BIRMINGHAM, AL 35242
* $ 10,000,000 1 $ 119,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 16,675,614,000 1 $ 132,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 1 $ 96,000
THE CIT GROUP/CONSUMER FINANCE
1 CIT DRIVE
LIVINGSTON, NJ 07039
* $ 10,000,000 1 $ 69,000
THE CITIZENS BANK
14505 MARKET STREET
MOULTON, AL 35650
* $ 98,850,000 1 $ 6,000
SYCAMORE BANK
301 EAST MAIN STREET
SENATOBIA, MS 38668
* $ 163,576,000 1 $ 10,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 10,353,821,000 1 $ 27,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 130,780,100,000 1 $ 42,000
PINNACLE BANK
1811 2ND AVENUE
JASPER, AL 35501
* $ 207,743,000 1 $ 38,000
RATESTAR, INC.
4665 CORNELL ROAD, SUITE 200
CINCINNATI, OH 45241
* $ 54,815,000 1 $ 165,000
REDSTONE FEDERAL CREDIT UNION
220 WYNN DRIVE
HUNTSVILLE, AL 35893
* $ 1,715,585,000 1 $ 103,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 1,437,025,000 1 $ 11,000

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 Franklin County AL in 2005

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 987 $81,007,000 $82,000 $1,097,000 $46,000 $732,000
Home Purchase 481 $31,067,000 $64,000 $230,000 $38,000 $340,000
Home Improvement 132 $7,955,000 $60,000 $951,000 $43,000 $835,000

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 1,164 $90,457,000 $77,000 $1,097,000 $47,000 $835,000
Not Provided 127 $10,030,000 $78,000 $273,000 $40,000 $720,000
Not applicable 116 $7,934,000 $68,000 $788,000 $2,000 $65,000
Hispanic 115 $6,213,000 $54,000 $162,000 $33,000 $96,000
Black or African American 68 $4,457,000 $65,000 $304,000 $43,000 $100,000
American Indian or Alaskan Native 8 $856,000 $107,000 $347,000 $65,000 $121,000
Asian 2 $82,000 $41,000 $68,000 $28,000 $39,000
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) 1,574 $118,126,000 $75,000 $1,097,000 $43,000 $835,000
FHA-insured (Federal Housing Administration) 18 $1,094,000 $60,000 $109,000 $33,000 $98,000
VA-guaranteed (Veterans Administration) 7 $756,000 $108,000 $150,000 $47,000 $66,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $53,000 $53,000 $53,000 $0 $0

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 746 $58,367,000 $78,000 $1,097,000 $49,000 $835,000
Application Denied By Financial Institution 376 $24,394,000 $64,000 $300,000 $39,000 $720,000
Loan Purchased By The Institution 161 $10,795,000 $67,000 $261,000 $18,000 $150,000
Application Withdrawn By Applicant 139 $12,613,000 $90,000 $408,000 $51,000 $432,000
Application Approved But Not Accepted 107 $7,324,000 $68,000 $168,000 $40,000 $156,000
File Closed For Incompleteness 71 $6,536,000 $92,000 $185,000 $49,000 $720,000
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 89 $4,255,000 $47,000 $150,000 $30,000 $83,000
Other 69 $5,560,000 $80,000 $240,000 $44,000 $720,000
Credit Application Incomplete 27 $1,951,000 $72,000 $209,000 $57,000 $103,000
Collateral 25 $1,903,000 $76,000 $167,000 $43,000 $102,000
Debt-To-Income Ratio 23 $1,811,000 $78,000 $196,000 $27,000 $70,000
Insufficient Cash (Downpayment, Closing Cost) 4 $274,000 $68,000 $106,000 $29,000 $43,000
Unverifiable Information 3 $125,000 $41,000 $82,000 $31,000 $62,000
Employment History 3 $169,000 $56,000 $93,000 $45,000 $98,000
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.

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