Randolph County AL
Mortgage Loan Application
Totals and Details
for 2016

Find mortgage statistics and lending data for the Randolph 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 Randolph 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 745
Total Mortgage Loan Application Amount $105,260,000
Average Mortgage Loan Application Amount $141,000
Highest Mortgage Loan Application Amount $625,000
Average Applicant Income $73,000
Highest Applicant Income $660,000

Mortgage Company List for Lending in Randolph County AL for 2016

* 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
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,610,580,000,000 71 $ 9,926,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 49 $ 3,123,000
HOMESTAR FINANCIAL CORPORATION
332 WASHINGTON STREET, NW
GAINESVILLE, GA 30501
* $ 45,240,000 46 $ 4,585,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 43 $ 7,497,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 41 $ 4,331,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 40 $ 2,648,000
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,121,263,000 19 $ 2,530,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 17 $ 3,190,000
CONSUMER FIRST MORTGAGE, INC.
511 ENERGY CENTER BLVD, SUITE 702
NORTHPORT, AL 35473
* $ 10,000,000 17 $ 3,210,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 16 $ 2,585,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 13 $ 2,107,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 13 $ 2,072,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 12 $ 2,744,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 12 $ 1,459,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 11 $ 2,438,000
HOME POINT MORTGAGE ACCEPTANCE CORPORATION
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 10 $ 1,381,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 9 $ 1,470,000
DELTA COMMUNITY CREDIT UNION
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 4,882,500,000 8 $ 2,073,000
FORT MCCLELLAN CREDIT UNION
1731 NOBLE STREET
ANNISTON, AL 36201
* $ 214,348,000 8 $ 436,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 8 $ 1,186,000
MAGNOLIA BANK
794 OLD ELIZABETHTOWN RD
HODGENVILLE, KY 42748
* $ 180,082,000 8 $ 1,255,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 7 $ 1,327,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 7 $ 664,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 6 $ 61,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 7,901,669,000 6 $ 765,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 6 $ 1,106,000
CLAYTON BANK AND TRUST
520 WEST SUMMIT HILL DRIVE SUITE 801
KNOXVILLE, TN 37902
* $ 785,530,000 6 $ 525,000
PRIMARY CAPITAL
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 6 $ 877,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 5 $ 1,823,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 5 $ 493,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 5 $ 238,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 5 $ 1,211,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 4 $ 244,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 4 $ 484,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 4 $ 1,161,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 4 $ 947,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 4 $ 707,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 4 $ 1,142,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 4 $ 405,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 4 $ 699,000
ACOPIA, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 4 $ 804,000
RIVER BANK & TRUST
2611 LEGENDS DRIVE
PRATTVILLE, AL 36066
* $ 717,326,000 3 $ 99,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 3 $ 320,000
AUBURNBANK
100 N. GAY STREET
AUBURN, AL 36830
* $ 818,004,000 3 $ 672,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 3 $ 812,000
BANKERS MORTGAGE CENTER, INC.
909 NORTH 18TH STREET STE 110
MONROE, LA 71201
* $ 10,000,000 3 $ 525,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 3 $ 567,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 380,000
AMERIS BANK
300 SOUTH MAIN STREET
MOULTRIE, GA 31768
* $ 5,592,561,000 3 $ 612,000
FIDELITY BANK
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 3,845,946,000 3 $ 811,000
UNITED COMMUNITY BANK
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 9,592,631,000 3 $ 787,000
CHARTERBANK
1233 O.G. SKINNER DRIVE
WEST POINT, GA 31833
* $ 1,004,371,000 3 $ 364,000
SYNOVUS MORTGAGE CORPORATION
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 27,908,468,000 3 $ 338,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 3 $ 590,000
EVABANK
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 348,393,000 3 $ 137,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 185,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 2 $ 175,000
AOD FEDERAL CREDIT UNION
334 VICTORY DRIVE
BYNUM, AL 36253
* $ 280,178,000 2 $ 231,000
TRIUMPH BANK
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 525,826,000 2 $ 523,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,580,860,000 2 $ 378,000
MB FINANCIAL BANK, NATIONAL ASSOCIATION
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 15,536,515,000 2 $ 345,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,177,985,000 2 $ 443,000
SILVERTON MORTGAGE SPECIALISTS, INC.
1201 PEACHTREE STREET NE STE 2050
ATLANTA, GA 30361
* $ 10,000,000 2 $ 240,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 2 $ 217,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 2 $ 405,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 2 $ 405,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 2 $ 344,000
HONDA FEDERAL CREDIT UNION
1919 TORRANCE BLVD
TORRANCE, CA 90509
* $ 703,543,000 2 $ 130,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 2 $ 221,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 378,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 2 $ 194,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 2 $ 323,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 2 $ 418,000
PROSPECT MORTGAGE, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 2 $ 244,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,887,863,000 2 $ 251,000
SYNOVUS BANK
PO BOX 120
COLUMBUS, GA 31902
* $ 28,529,226,000 1 $ 15,000
CADENCE BANK
P O BOX 789
TUPELO, MS 38802
* $ 13,790,125,000 1 $ 56,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,299,801,000,000 1 $ 170,000
LENOX FINANCIAL MORTGAGE CORPORATION
200 E. SANDPOINTE SUITE 800
SANTA ANA, CA 92707
* $ 39,000,000 1 $ 308,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ 10,000,000 1 $ 223,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 85,747,508,000 1 $ 25,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,649,486,000 1 $ 60,000
MORTGAGE INVESTORS GROUP, INC.
8320 E. WALKER SPRINGS LANE
KNOXVILLE, TN 37923
* $ 10,000,000 1 $ 86,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 185,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 93,000
MORTGAGE ASSURANCE INC.
1200 ASHWOOD PKWY. STE 200
ATLANTA, GA 30338
* $ 3,711,533,000 1 $ 320,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 123,000
ALABAMA CREDIT UNION
220 PAUL W. BRYANT DR. E.
TUSCALOOSA, AL 35401
* $ 687,258,000 1 $ 55,000
TIAA-CREF TRUST COMPANY FSB
211 NORTH BROADWAY, STE 1000
ST. LOUIS, MO 63102
* $ 3,519,033,000 1 $ 162,000
SOUTHERN STATES BANK
615 QUINTARD AVE
ANNISTON, AL 36201
* $ 530,600,000 1 $ 335,000
COMMUNITY & SOUTHERN BANK
3333 RIVERWOOD PKWY STE 350
ATLANTA, GA 30133
* $ 4,168,957,000 1 $ 132,000
ALLIANCE FINANCIAL RESOURCES
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 1 $ 81,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 206,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 1 $ 52,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 1 $ 146,000
CHRISTENSEN FINANCIAL, INC.
860 N SR 434
ALTAMONTE SPRINGS, FL 32714
* $ 10,000,000 1 $ 122,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 167,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 70,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 260,000
ALABAMA TEACHERS
702 WALNUT ST
GADSDEN, AL 35901
* $ 259,965,000 1 $ 25,000
HOMETRUST MORTGAGE COMPANY
5353 W ALABAMA, SUITE 500
HOUSTON, TX 77056
* $ 10,000,000 1 $ 50,000
CALCON MUTUAL MORTGAGE LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ 15,478,000 1 $ 53,000
RESIDENTIAL ACCEPTANCE CORPORATION
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 1 $ 180,000
LOW VA RATES, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 1 $ 206,000
LOWER, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ 29,436,748,000 1 $ 200,000
HOMETOWN LENDERS, INC.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ 3,300,000,000 1 $ 66,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 5,000
CBC NATIONAL BANK
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 464,368,000 1 $ 164,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 85,426,845,000 1 $ 77,000
ANDREWS FEDERAL CREDIT UNION
5711 ALLENTOWN ROAD
SUITLAND, MD 20746
* $ 1,134,877,000 1 $ 200,000
APCO EMPLOYEES
750 17TH STREET NORTH
BIRMINGHAM, AL 35203
* $ 2,599,286,000 1 $ 175,000
KS STATEBANK
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,502,221,000 1 $ 417,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,801,773,000 1 $ 21,000
BRAND MORTGAGE GROUP, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ 2,232,957,000 1 $ 200,000
BANK OF THE OZARKS
PO BOX 8811
LITTLE ROCK, AR 72231
* $ 9,870,373,000 1 $ 3,000
COLONIAL SAVINGS, F.A.
P O BOX 2988
FORT WORTH, TX 76113
* $ 961,290,000 1 $ 56,000
BANKSOUTH
6340 LAKE OCONEE PARKWAY
GREENSBORO, GA 30642
* $ 451,841,000 1 $ 140,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 1 $ 170,000
HOMESERVICES LENDING, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 1 $ 384,000
FIVE STAR CREDIT UNION
411 N FOSTER ST
DOTHAN, AL 36303
* $ 365,831,000 1 $ 20,000
CITIZENS EQUITY FIRST
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 5,297,355,000 1 $ 285,000
CHEAHA BANK
1320 HIGHWAY DRIVE
OXFORD, AL 36203
* $ 194,722,000 1 $ 171,000
TRADITIONS BANK
109 SECOND AVE NW
CULLMAN, AL 35055
* $ 299,011,000 1 $ 157,000
SOUTHPOINT BANK
3501 GRANDVIEW PARKWAY
BIRMINGHAM, AL 35243
* $ 227,770,000 1 $ 90,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ 10,000,000 1 $ 164,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ 5,889,539,000 1 $ 139,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 1 $ 284,000
SOUTHEAST MORTGAGE OF GEORGIA, INC.
3575 KOGER BLVD. SUITE 400
DULUTH, GA 30096
* $ 10,000,000 1 $ 115,000

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 Randolph County AL in 2016

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 370 $49,400,000 $133,000 $625,000 $69,000 $623,000
Refinancing 314 $52,650,000 $167,000 $484,000 $81,000 $660,000
Home Improvement 61 $3,210,000 $52,000 $300,000 $54,000 $142,000

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 514 $77,383,000 $150,000 $625,000 $87,000 $660,000
Black or African American 76 $6,260,000 $82,000 $417,000 $42,000 $149,000
Not applicable 73 $10,613,000 $145,000 $417,000 $12,000 $271,000
Not Provided 63 $9,297,000 $147,000 $519,000 $76,000 $427,000
American Indian or Alaskan Native 8 $820,000 $102,000 $138,000 $54,000 $67,000
Hispanic 7 $600,000 $85,000 $124,000 $31,000 $58,000
Native Hawaiin or Other Pacific Islander 3 $272,000 $90,000 $131,000 $59,000 $66,000
Asian 1 $15,000 $15,000 $15,000 $57,000 $57,000

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) 513 $73,729,000 $143,000 $625,000 $88,000 $660,000
FHA-insured (Federal Housing Administration) 132 $15,485,000 $117,000 $276,000 $37,000 $179,000
VA-guaranteed (Veterans Administration) 59 $12,046,000 $204,000 $484,000 $55,000 $166,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 41 $4,000,000 $97,000 $208,000 $27,000 $61,000

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 308 $50,108,000 $162,000 $548,000 $98,000 $655,000
Application Denied By Financial Institution 187 $21,467,000 $114,000 $625,000 $65,000 $660,000
Loan Purchased By The Institution 93 $13,445,000 $144,000 $417,000 $25,000 $271,000
File Closed For Incompleteness 74 $7,274,000 $98,000 $301,000 $47,000 $166,000
Application Withdrawn By Applicant 63 $10,859,000 $172,000 $519,000 $81,000 $337,000
Application Approved But Not Accepted 19 $1,927,000 $101,000 $316,000 $55,000 $162,000
Preapproval Denied by Financial Institution 1 $180,000 $180,000 $180,000 $45,000 $45,000
Preapproval 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
Credit History 24 $1,722,000 $71,000 $417,000 $58,000 $174,000
Collateral 18 $2,969,000 $164,000 $625,000 $110,000 $411,000
Debt-To-Income Ratio 16 $891,000 $55,000 $172,000 $44,000 $119,000
Other 8 $1,620,000 $202,000 $302,000 $60,000 $142,000
Credit Application Incomplete 7 $1,332,000 $190,000 $510,000 $78,000 $199,000
Unverifiable Information 1 $183,000 $183,000 $183,000 $254,000 $254,000
Insufficient Cash (Downpayment, Closing Cost) 1 $244,000 $244,000 $244,000 $134,000 $134,000
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