Hometown Lenders, Inc.
Mortgage Loan Application
Totals and Details
for 2019

Find mortgage loan statistics, lending data, and loan application totals for Alabama.
The mortgage statistics and data below are specific to mortgage loan applications for Hometown Lenders, Inc..
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Hometown Lenders, Inc.
310 The Bridge Street, 4Th Floor Suite A
Huntsville, AL 35806
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2006  2005  
Total Number of Mortgage Applications 9,017
Total Mortgage Loan Application Amount $1,868,565,000
Average Mortgage Loan Application Amount $220,400
Highest Mortgage Loan Application Amount $4,685,000
Average Applicant Income $92,200
Highest Applicant Income $2,952,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in AL, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Hometown Lenders, Inc. by Metropolitan Area in 2019

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NA (OUTSIDE OF MSA/MD) 1,210 $ 193,610,000 $ 181,928 $ 81,321
BIRMINGHAM-HOOVER, AL 635 $ 110,625,000 $ 174,000 $ 75,000
CHICAGO-NAPERVILLE, IL 438 $ 89,850,000 $ 205,000 $ 75,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 417 $ 93,095,000 $ 223,000 $ 103,000
YUBA CITY, CA 417 $ 99,765,000 $ 239,000 $ 81,000
HUNTSVILLE, AL 381 $ 70,345,000 $ 184,000 $ 95,000
COLUMBUS, OH 294 $ 59,500,000 $ 202,000 $ 93,000
LEXINGTON-FAYETTE, KY 289 $ 57,705,000 $ 199,000 $ 88,000
SEATTLE-BELLEVUE-EVERETT, WA 279 $ 108,235,000 $ 387,000 $ 139,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 234 $ 49,960,000 $ 213,000 $ 89,000
PHOENIX-MESA-SCOTTSDALE, AZ 223 $ 49,645,000 $ 222,000 $ 78,000
SAN ANTONIO-NEW BRAUNFELS, TX 222 $ 44,230,000 $ 199,000 $ 74,000
LAS VEGAS-HENDERSON-PARADISE, NV 204 $ 50,990,000 $ 249,000 $ 69,000
RENO, NV 196 $ 57,460,000 $ 293,000 $ 105,000
DOTHAN, AL 176 $ 26,750,000 $ 151,000 $ 62,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 151 $ 40,415,000 $ 267,000 $ 83,000
ORLANDO-KISSIMMEE-SANFORD, FL 136 $ 31,370,000 $ 230,000 $ 91,000
MCALLEN-EDINBURG-MISSION, TX 135 $ 24,675,000 $ 182,000 $ 78,000
BROWNSVILLE-HARLINGEN, TX 131 $ 22,305,000 $ 170,000 $ 88,000
MOBILE, AL 113 $ 17,345,000 $ 153,000 $ 62,000
TACOMA-LAKEWOOD, WA 104 $ 33,050,000 $ 317,000 $ 104,000
TOLEDO, OH 103 $ 16,295,000 $ 158,000 $ 58,000
DECATUR, AL 81 $ 11,655,000 $ 143,000 $ 69,000
GARY, IN 80 $ 18,200,000 $ 227,000 $ 85,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 76 $ 20,280,000 $ 229,000 $ 97,500
CHICO, CA 70 $ 13,850,000 $ 197,000 $ 69,000
LAKELAND-WINTER HAVEN, FL 66 $ 10,870,000 $ 164,000 $ 69,000
LAFAYETTE, LA 54 $ 12,150,000 $ 225,000 $ 102,000
OCALA, FL 52 $ 7,090,000 $ 136,000 $ 53,000
DALLAS-PLANO-IRVING, TX 50 $ 11,540,000 $ 230,000 $ 86,000
DENVER-AURORA-LAKEWOOD, CO 48 $ 14,920,000 $ 310,000 $ 85,000
ST. GEORGE, UT 48 $ 11,030,000 $ 229,000 $ 58,000
PENSACOLA-FERRY PASS-BRENT, FL 45 $ 8,145,000 $ 181,000 $ 91,000
PITTSBURGH, PA 45 $ 6,645,000 $ 147,000 $ 74,000
GREENSBORO-HIGH POINT, NC 44 $ 6,640,000 $ 150,000 $ 53,000
GREENVILLE-ANDERSON-MAULDIN, SC 44 $ 7,190,000 $ 163,000 $ 63,000
SPOKANE-SPOKANE VALLEY, WA 44 $ 10,560,000 $ 240,000 $ 72,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 44 $ 17,170,000 $ 512,666 $ 110,000
KNOXVILLE, TN 43 $ 7,475,000 $ 173,000 $ 70,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 43 $ 15,915,000 $ 370,000 $ 111,000
TUSCALOOSA, AL 42 $ 7,400,000 $ 176,000 $ 77,000
CLARKSVILLE, TN-KY 40 $ 7,430,000 $ 185,000 $ 61,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 38 $ 10,550,000 $ 277,000 $ 102,000
SPRINGFIELD, MO 37 $ 6,165,000 $ 166,000 $ 62,000
LAKE HAVASU CITY-KINGMAN, AZ 36 $ 5,110,000 $ 141,000 $ 51,000
GRAND JUNCTION, CO 35 $ 7,105,000 $ 203,000 $ 68,000
KANKAKEE, IL 35 $ 5,965,000 $ 170,000 $ 68,000
CARSON CITY, NV 33 $ 10,295,000 $ 311,000 $ 122,000
CHATTANOOGA, TN-GA 33 $ 5,685,000 $ 172,000 $ 48,000
MONTGOMERY, AL 30 $ 5,700,000 $ 190,000 $ 66,000
CLEVELAND-ELYRIA, OH 26 $ 3,370,000 $ 129,000 $ 60,000
JACKSON, MS 26 $ 4,150,000 $ 159,000 $ 60,000
NEW ORLEANS-METAIRIE, LA 26 $ 4,630,000 $ 178,000 $ 73,000
FLORENCE-MUSCLE SHOALS, AL 25 $ 3,135,000 $ 125,000 $ 52,000
HUNTINGTON-ASHLAND, WV-KY-OH 25 $ 3,975,000 $ 164,666 $ 62,333
CARBONDALE-MARION, IL 24 $ 2,460,000 $ 102,000 $ 63,000
LANCASTER, PA 24 $ 5,340,000 $ 222,000 $ 124,000
CASPER, WY 23 $ 3,125,000 $ 135,000 $ 63,000
OLYMPIA-TUMWATER, WA 23 $ 6,445,000 $ 280,000 $ 88,000
RALEIGH, NC 23 $ 5,895,000 $ 256,000 $ 114,000
DAPHNE-FAIRHOPE-FOLEY, AL 22 $ 4,360,000 $ 198,000 $ 82,000
BREMERTON-SILVERDALE, WA 18 $ 5,260,000 $ 292,000 $ 115,000
ELGIN, IL 17 $ 3,835,000 $ 225,000 $ 76,000
CHARLESTON-NORTH CHARLESTON, SC 16 $ 3,130,000 $ 195,000 $ 69,000
VICTORIA, TX 16 $ 3,820,000 $ 238,000 $ 102,000
HOMOSASSA SPRINGS, FL 14 $ 1,820,000 $ 130,000 $ 65,000
CINCINNATI, OH-KY-IN 12 $ 2,260,000 $ 182,666 $ 65,333
FAYETTEVILLE, NC 12 $ 2,020,000 $ 168,000 $ 79,000
MONROE, MI 12 $ 2,380,000 $ 198,000 $ 80,000
AUBURN-OPELIKA, AL 11 $ 1,755,000 $ 159,000 $ 117,000
BOWLING GREEN, KY 11 $ 2,095,000 $ 190,000 $ 73,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 11 $ 2,075,000 $ 188,000 $ 52,000
FORT WORTH-ARLINGTON, TX 11 $ 2,685,000 $ 244,000 $ 93,000
ANNISTON-OXFORD-JACKSONVILLE, AL 10 $ 1,470,000 $ 147,000 $ 63,000
AUSTIN-ROUND ROCK, TX 9 $ 2,335,000 $ 259,000 $ 109,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 9 $ 2,265,000 $ 244,500 $ 116,500
JACKSON, MI 9 $ 1,275,000 $ 141,000 $ 49,000
JACKSONVILLE, FL 9 $ 1,965,000 $ 218,000 $ 67,000
NORTH PORT-SARASOTA-BRADENTON, FL 9 $ 2,615,000 $ 290,000 $ 114,000
WINSTON-SALEM, NC 9 $ 1,325,000 $ 147,000 $ 98,000
GOLDSBORO, NC 8 $ 1,690,000 $ 211,000 $ 83,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 8 $ 1,850,000 $ 231,000 $ 63,000
WARREN-TROY-FARMINGTON HILLS, MI 8 $ 1,430,000 $ 178,000 $ 75,000
CLEVELAND, TN 7 $ 1,065,000 $ 152,000 $ 46,000
GADSDEN, AL 7 $ 925,000 $ 132,000 $ 54,000
PANAMA CITY, FL 7 $ 1,255,000 $ 179,000 $ 149,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 6 $ 2,060,000 $ 343,000 $ 204,000
DURHAM-CHAPEL HILL, NC 6 $ 1,140,000 $ 190,000 $ 58,000
ELIZABETHTOWN-FORT KNOX, KY 6 $ 1,250,000 $ 208,000 $ 78,000
GULFPORT-BILOXI-PASCAGOULA, MS 6 $ 870,000 $ 145,000 $ 62,000
KANSAS CITY, MO-KS 6 $ 960,000 $ 159,500 $ 55,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 6 $ 3,310,000 $ 551,000 $ 86,000
MEMPHIS, TN-MS-AR 6 $ 1,150,000 $ 191,000 $ 89,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 6 $ 1,600,000 $ 266,000 $ 99,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 6 $ 2,040,000 $ 340,000 $ 68,000
TYLER, TX 6 $ 800,000 $ 133,000 $ 64,000
VALLEJO-FAIRFIELD, CA 6 $ 1,320,000 $ 220,000 $ 113,000
WILMINGTON, NC 6 $ 1,210,000 $ 201,000 $ 67,000
AKRON, OH 5 $ 595,000 $ 119,000 $ 39,000
COLORADO SPRINGS, CO 5 $ 1,475,000 $ 295,000 $ 62,000
DAYTON-SPRINGFIELD-KETTERING, OH 5 $ 985,000 $ 197,000 $ 65,000
DETROIT-DEARBORN-LIVONIA, MI 5 $ 635,000 $ 127,000 $ 55,000
EVANSVILLE, IN-KY 5 $ 815,000 $ 163,000 $ 61,000
GREENVILLE, NC 5 $ 915,000 $ 183,000 $ 82,000
HATTIESBURG, MS 5 $ 815,000 $ 163,000 $ 81,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 5 $ 745,000 $ 149,000 $ 44,000
MORRISTOWN, TN 5 $ 635,000 $ 127,000 $ 45,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 5 $ 1,195,000 $ 239,000 $ 87,000
PUEBLO, CO 5 $ 635,000 $ 127,000 $ 58,000
ROCKY MOUNT, NC 5 $ 675,000 $ 135,000 $ 60,000
ST. LOUIS, MO-IL 5 $ 705,000 $ 134,000 $ 70,500
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 5 $ 1,545,000 $ 309,000 $ 108,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 4 $ 450,000 $ 112,000 $ 58,000
CANTON-MASSILLON, OH 4 $ 850,000 $ 212,000 $ 80,000
FLAGSTAFF, AZ 4 $ 840,000 $ 210,000 $ 59,000
READING, PA 4 $ 780,000 $ 195,000 $ 72,000
BATON ROUGE, LA 3 $ 675,000 $ 225,000 $ 64,000
FARMINGTON, NM 3 $ 305,000 $ 101,000 $ 52,000
FORT COLLINS, CO 3 $ 945,000 $ 315,000 $ 92,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 3 $ 1,055,000 $ 351,000 $ 110,000
LAFAYETTE-WEST LAFAYETTE, IN 3 $ 595,000 $ 198,000 $ 85,000
LAKE CHARLES, LA 3 $ 525,000 $ 175,000 $ 55,000
LAREDO, TX 3 $ 565,000 $ 188,000 $ 55,000
LONGVIEW, TX 3 $ 425,000 $ 141,000 $ 46,000
LONGVIEW, WA 3 $ 1,125,000 $ 375,000 $ 84,000
MIAMI-MIAMI BEACH-KENDALL, FL 3 $ 595,000 $ 198,000 $ 68,000
MOUNT VERNON-ANACORTES, WA 3 $ 675,000 $ 225,000 $ 71,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 3 $ 515,000 $ 155,000 $ 89,000
NEW BERN, NC 3 $ 405,000 $ 135,000 $ 43,000
OAKLAND-HAYWARD-BERKELEY, CA 3 $ 1,715,000 $ 571,000 $ 144,000
OXNARD-THOUSAND OAKS-VENTURA, CA 3 $ 1,555,000 $ 518,000 $ 128,000
PORT ST. LUCIE, FL 3 $ 965,000 $ 321,000 $ 136,000
PRESCOTT VALLEY-PRESCOTT, AZ 3 $ 535,000 $ 178,000 $ 56,000
SAN DIEGO-CARLSBAD, CA 3 $ 1,895,000 $ 631,000 $ 158,000
SPARTANBURG, SC 3 $ 325,000 $ 108,000 $ 54,000
SPRINGFIELD, OH 3 $ 375,000 $ 125,000 $ 43,000
WASHINGTON-BALTIMORE-ARLINGTON, DC 3 $ 1,795,000 $ 598,000 $ 180,000
YORK-HANOVER, PA 3 $ 515,000 $ 171,000 $ 65,000
BAKERSFIELD, CA 2 $ 370,000 $ 185,000 $ 96,000
BLOOMINGTON, IN 2 $ 320,000 $ 160,000 $ 75,000
CAPE CORAL-FORT MYERS, FL 2 $ 670,000 $ 335,000 $ 69,000
COLLEGE STATION-BRYAN, TX 2 $ 280,000 $ 140,000 $ 154,000
COLUMBIA, SC 2 $ 250,000 $ 125,000 $ 65,000
COLUMBUS, IN 2 $ 470,000 $ 235,000 $ 122,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 2 $ 480,000 $ 240,000 $ 104,000
HAMMOND, LA 2 $ 280,000 $ 140,000 $ 50,000
HARRISBURG-CARLISLE, PA 2 $ 170,000 $ 85,000 $ 86,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 2 $ 310,000 $ 155,000 $ 18,000
JOHNSON CITY, TN 2 $ 350,000 $ 175,000 $ 53,000
KOKOMO, IN 2 $ 290,000 $ 145,000 $ 60,000
MICHIGAN CITY-LA PORTE, IN 2 $ 590,000 $ 295,000 $ 161,000
MIDLAND, TX 2 $ 570,000 $ 285,000 $ 74,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 2 $ 510,000 $ 255,000 $ 66,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 2 $ 390,000 $ 195,000 $ 81,000
MUSKEGON, MI 2 $ 210,000 $ 105,000 $ 49,000
PROVO-OREM, UT 2 $ 380,000 $ 190,000 $ 83,000
SOUTH BEND-MISHAWAKA, IN-MI 2 $ 260,000 $ 130,000 $ 35,000
TUCSON, AZ 2 $ 570,000 $ 285,000 $ 76,000
WINCHESTER, VA-WV 2 $ 630,000 $ 315,000 $ 46,000
YAKIMA, WA 2 $ 470,000 $ 235,000 $ 109,000
ANN ARBOR, MI 1 $ 145,000 $ 145,000 $ 71,000
BALTIMORE-COLUMBIA-TOWSON, MD 1 $ 65,000 $ 65,000 $ 91,000
BEAUMONT-PORT ARTHUR, TX 1 $ 55,000 $ 55,000 $ 154,000
BELLINGHAM, WA 1 $ 305,000 $ 305,000 $ 69,000
BOULDER, CO 1 $ 455,000 $ 455,000 $ 118,000
CEDAR RAPIDS, IA 1 $ 105,000 $ 105,000 $ 48,000
COLUMBUS, GA-AL 1 $ 275,000 $ 275,000 $ 128,000
CORPUS CHRISTI, TX 1 $ 1,445,000 $ 1,445,000 $ 1,777,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $ 95,000 $ 95,000 $ 45,000
DUBUQUE, IA 1 $ 175,000 $ 175,000 $ 82,000
ELKHART-GOSHEN, IN 1 $ 245,000 $ 245,000 $ 132,000
ERIE, PA 1 $ 135,000 $ 135,000 $ 56,000
FLINT, MI 1 $ 195,000 $ 195,000 $ 130,000
FORT SMITH, AR-OK 1 $ 125,000 $ 125,000 $ 84,000
GAINESVILLE, FL 1 $ 175,000 $ 175,000 $ 38,000
GRAND RAPIDS-WYOMING, MI 1 $ 85,000 $ 85,000 $ 54,000
GREELEY, CO 1 $ 235,000 $ 235,000 $ 50,000
HANFORD-CORCORAN, CA 1 $ 325,000 $ 325,000 $ 94,000
JOHNSTOWN, PA 1 $ 85,000 $ 85,000 $ 58,000
KENNEWICK-RICHLAND, WA 1 $ 235,000 $ 235,000 $ 66,000
KILLEEN-TEMPLE, TX 1 $ 165,000 $ 165,000 $ 71,000
LAS CRUCES, NM 1 $ 285,000 $ 285,000 $ 216,000
LEBANON, PA 1 $ 125,000 $ 125,000 $ 33,000
LEWISTON, ID-WA 1 $ 145,000 $ 145,000 $ 60,000
LIMA, OH 1 $ 125,000 $ 125,000 $ 41,000
LINCOLN, NE 1 $ 85,000 $ 85,000 $ 92,000
MUNCIE, IN 1 $ 255,000 $ 255,000 $ 102,000
NEW YORK-NEWARK, NY 1 $ 285,000 $ 285,000 $ 95,000
NEWARK, NJ-PA 1 $ 285,000 $ 285,000 $ 189,000
NILES-BENTON HARBOR, MI 1 $ 285,000 $ 285,000 $ 53,000
ODESSA, TX 1 $ 265,000 $ 265,000 $ 127,000
OMAHA-COUNCIL BLUFFS, NE-IA 1 $ 145,000 $ 145,000 $ 69,000
PUNTA GORDA, FL 1 $ 275,000 $ 275,000 $ 153,000
RACINE, WI 1 $ 145,000 $ 145,000 $ 12,000
RICHMOND, VA 1 $ 255,000 $ 255,000 $ 48,000
SALINAS, CA 1 $ 645,000 $ 645,000 $ 91,000
SALT LAKE CITY, UT 1 $ 365,000 $ 365,000 $ 134,000
SAN ANGELO, TX 1 $ 125,000 $ 125,000 $ 53,000
SANTA MARIA-SANTA BARBARA, CA 1 $ 805,000 $ 805,000 $ 244,000
SEBRING, FL 1 $ 315,000 $ 315,000 $ 73,000
SHREVEPORT-BOSSIER CITY, LA 1 $ 185,000 $ 185,000 $ 58,000
STOCKTON-LODI, CA 1 $ 265,000 $ 265,000 $ 60,000
THE VILLAGES, FL 1 $ 145,000 $ 145,000 $ 183,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 1 $ 415,000 $ 415,000 $ 171,000
WACO, TX 1 $ 295,000 $ 295,000 $ 136,000
WAUSAU, WI 1 $ 125,000 $ 125,000 $ 139,000
WEIRTON-STEUBENVILLE, WV-OH 1 $ 125,000 $ 125,000 $ 82,000
WICHITA FALLS, TX 1 $ 105,000 $ 105,000 $ 138,000
WICHITA, KS 1 $ 135,000 $ 135,000 $ 59,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 1 $ 55,000 $ 55,000 $ 30,000
YUMA, AZ 1 $ 175,000 $ 175,000 $ 49,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Alabama, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Hometown Lenders, Inc. in 2019

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 6,205 $1,217,375,000 $196,000 $1,445,000 $79,000 $2,952,000
Home Improvement 1,478 $322,420,000 $218,000 $4,255,000 $89,000 $1,609,000
Refinancing 1,237 $308,555,000 $249,000 $4,685,000 $90,000 $907,000
Cash-out Refinancing 72 $14,100,000 $195,000 $465,000 $76,000 $216,000
Other Purpose 25 $6,115,000 $244,000 $605,000 $127,000 $654,000
Not Applicable 0 $0 $0 $0 $0 $0

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 6,161 $1,294,685,000 $210,000 $4,685,000 $86,000 $2,952,000
Hispanic 1,188 $228,360,000 $192,000 $605,000 $68,000 $1,042,000
Black or African American 771 $140,765,000 $182,000 $1,265,000 $68,000 $612,000
Not Provided 653 $140,805,000 $215,000 $1,795,000 $87,000 $1,609,000
Asian 201 $54,445,000 $270,000 $735,000 $88,000 $509,000
American Indian or Alaskan Native 19 $3,465,000 $182,000 $455,000 $64,000 $147,000
Native Hawaiian or Other Pacific Islander 12 $2,750,000 $229,000 $405,000 $85,000 $142,000
Not applicable 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) 4,526 $1,028,200,000 $227,000 $4,685,000 $100,000 $2,952,000
FHA-insured (Federal Housing Administration) 3,372 $600,190,000 $177,000 $735,000 $63,000 $960,000
VA-guaranteed (Veterans Administration) 800 $195,640,000 $244,000 $785,000 $73,000 $280,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 319 $44,535,000 $139,000 $415,000 $50,000 $110,000

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 6,721 $1,394,745,000 $207,000 $1,795,000 $82,000 $1,964,000
Application Withdrawn By Applicant 1,916 $398,030,000 $207,000 $4,255,000 $84,000 $2,952,000
Application Denied By Financial Institution 352 $70,880,000 $201,000 $4,685,000 $72,000 $960,000
File Closed For Incompleteness 27 $4,485,000 $166,000 $325,000 $137,000 $1,665,000
Preapproval Denied by Financial Institution 1 $425,000 $425,000 $425,000 $60,000 $60,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 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
Not applicable 8,664 $1,797,260,000 $207,000 $4,255,000 $82,000 $2,952,000
Credit Application Incomplete 346 $69,470,000 $200,000 $4,685,000 $72,000 $960,000
Credit History 3 $645,000 $215,000 $255,000 $80,000 $91,000
Employment History 2 $700,000 $350,000 $435,000 $90,000 $135,000
Debt-To-Income Ratio 1 $425,000 $425,000 $425,000 $60,000 $60,000
Collateral 1 $65,000 $65,000 $65,000 $43,000 $43,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in AL, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Alabama, and search similar information at your convenience.

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