Alabama
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021

Discover comprehensive Alabama mortgage statistics and HMDA loan application data from 2003 to 2023.
Explore detailed insights into the total number of mortgage applications, loan amounts, and lending trends across the state.
Our interactive lists allow you to analyze mortgage data by county and metropolitan area, helping you track regional lending patterns.

Need in-depth lender data?
Easily download a formatted spreadsheet containing aggregated HMDA statistics for all Alabama based lenders.
Whether you're an industry analyst, homebuyer, or researcher, this data provides valuable insights into Alabama's mortgage market trends.

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 348,279
Total Mortgage Loan Application Amount $72,081,970,000
Average Mortgage Loan Application Amount $206,000
Highest Mortgage Loan Application Amount $80,005,000
Average Applicant Income $99,000
Highest Applicant Income $9,918,000

Explore comprehensive HMDA mortgage statistics and application trends for 2021 in Alabama. Below, you'll find key insights, including total mortgage applications, average loan amounts, highest application amounts, and the income levels of top applicants. If you're researching mortgage and loan application data in Alabama, these statistics will help you understand market trends and lending patterns as you navigate the mortgage process.

Our HMDA dataset allows you to analyze mortgage loan applications for 2021 across various categories, including loan purpose, applicant race, loan type, application outcomes, and reasons for denial. These detailed breakdowns provide valuable insights into borrower demographics and lender activity, making them an essential resource for homebuyers, real estate professionals, and industry analysts.

Each category highlights the total number of mortgage applications, total loan amounts, average mortgage sizes, and the highest loan amounts within each segment. You can also explore borrower income data, including average applicant income and the highest reported incomes for mortgage applicants. Whether you're evaluating lender performance, researching loan approval trends, or comparing mortgage options, this HMDA-backed data offers a valuable snapshot of the mortgage landscape in Alabama.

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Mortgage Loan Application Detail Totals for Alabama in 2021

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 154,232 $34,755,815,000 $225,000 $51,605,000 $95,000 $7,936,000
Refinancing 109,545 $22,725,665,000 $207,000 $80,005,000 $102,000 $9,413,000
Cash-out Refinancing 58,701 $12,000,255,000 $204,000 $13,055,000 $97,000 $9,918,000
Other Purpose 12,030 $1,346,420,000 $111,000 $3,305,000 $125,000 $5,520,000
Home Improvement 11,884 $1,047,140,000 $88,000 $74,995,000 $111,000 $7,248,000
Not Applicable 1,887 $206,675,000 $109,000 $1,955,000 $44,000 $134,000

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 211,891 $42,894,595,000 $202,000 $11,875,000 $104,000 $9,918,000
Black or African American 50,214 $8,475,640,000 $168,000 $2,365,000 $72,000 $7,936,000
Not Provided 37,514 $7,669,820,000 $204,000 $2,305,000 $102,000 $8,819,000
Not applicable 32,106 $9,727,575,000 $303,000 $80,005,000 $100,000 $1,200,000
Hispanic 7,444 $1,353,150,000 $181,000 $2,005,000 $88,000 $2,826,000
Asian 5,370 $1,241,100,000 $231,000 $7,205,000 $130,000 $7,448,000
American Indian or Alaskan Native 2,344 $409,100,000 $174,000 $1,705,000 $86,000 $1,848,000
Native Hawaiian or Other Pacific Islander 286 $54,180,000 $189,000 $545,000 $90,000 $900,000

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) 241,322 $49,674,365,000 $205,000 $80,005,000 $108,000 $9,918,000
FHA-insured (Federal Housing Administration) 49,480 $8,902,310,000 $179,000 $74,995,000 $60,000 $5,417,000
VA-guaranteed (Veterans Administration) 49,050 $12,065,860,000 $245,000 $3,625,000 $85,000 $7,602,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8,427 $1,439,435,000 $170,000 $1,415,000 $52,000 $843,000

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 194,533 $43,191,745,000 $222,000 $80,005,000 $104,000 $7,733,000
Application Denied By Financial Institution 46,146 $6,968,550,000 $151,000 $74,995,000 $76,000 $9,918,000
Application Withdrawn By Applicant 42,184 $8,953,705,000 $212,000 $31,405,000 $105,000 $9,413,000
Loan Purchased By The Institution 33,301 $7,590,805,000 $227,000 $2,005,000 $116,000 $5,236,000
File Closed For Incompleteness 21,514 $3,503,100,000 $162,000 $2,425,000 $87,000 $6,596,000
Application Approved But Not Accepted 10,010 $1,753,770,000 $175,000 $29,795,000 $94,000 $3,300,000
Preapproval Approved but not Accepted 520 $109,920,000 $211,000 $1,205,000 $86,000 $1,685,000
Preapproval Denied by Financial Institution 71 $10,375,000 $146,000 $605,000 $50,000 $169,000

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 297,822 $64,207,665,000 $215,000 $80,005,000 $103,000 $9,413,000
Credit History 16,970 $2,003,330,000 $118,000 $2,005,000 $75,000 $7,936,000
Debt-To-Income Ratio 14,622 $2,527,640,000 $172,000 $29,795,000 $69,000 $9,918,000
Credit Application Incomplete 5,898 $1,065,780,000 $180,000 $2,845,000 $89,000 $7,248,000
Collateral 4,658 $832,160,000 $178,000 $74,995,000 $105,000 $5,400,000
Other 4,455 $857,875,000 $192,000 $70,605,000 $88,000 $4,055,000
Unverifiable Information 2,466 $350,530,000 $142,000 $1,405,000 $77,000 $2,400,000
Insufficient Cash (Downpayment, Closing Cost) 756 $125,830,000 $166,000 $1,255,000 $78,000 $825,000
Employment History 621 $109,505,000 $176,000 $1,355,000 $58,000 $1,404,000
Mortgage Insurance Denied 11 $1,655,000 $150,000 $225,000 $50,000 $85,000
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Mortgage Loan Application Totals in 2021 by Alabama Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
ANNISTON-OXFORD-JACKSONVILLE, AL 6,373 $ 942,485,000 $ 147,000 $ 70,000
AUBURN-OPELIKA, AL 12,897 $ 3,013,515,000 $ 233,000 $ 106,000
BIRMINGHAM-HOOVER, AL 85,500 $ 19,624,960,000 $ 229,000 $ 105,000
DAPHNE-FAIRHOPE-FOLEY, AL 29,250 $ 7,575,800,000 $ 259,000 $ 125,000
DECATUR, AL 9,923 $ 1,609,270,000 $ 162,000 $ 83,000
DOTHAN, AL 9,375 $ 1,623,335,000 $ 173,000 $ 84,000
FLORENCE-MUSCLE SHOALS, AL 9,637 $ 1,676,045,000 $ 173,000 $ 94,000
GADSDEN, AL 5,383 $ 858,705,000 $ 159,000 $ 78,000
HUNTSVILLE, AL 50,216 $ 11,820,090,000 $ 235,000 $ 113,000
MOBILE, AL 26,478 $ 4,706,650,000 $ 177,000 $ 88,000
MONTGOMERY, AL 25,892 $ 5,118,130,000 $ 197,000 $ 94,000
TUSCALOOSA, AL 16,132 $ 3,361,540,000 $ 208,000 $ 96,000
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Mortgage Loan Application Totals in 2021 by Alabama County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Autauga 4,583 $ 876,005,000 $ 191,000 $ 85,000
Baldwin 29,250 $ 7,575,800,000 $ 259,000 $ 125,000
Barbour 822 $ 119,890,000 $ 145,000 $ 80,000
Bibb 978 $ 141,130,000 $ 144,000 $ 69,000
Blount 3,694 $ 578,980,000 $ 156,000 $ 78,000
Bullock 210 $ 30,870,000 $ 147,000 $ 78,000
Butler 731 $ 83,405,000 $ 114,000 $ 68,000
Calhoun 6,373 $ 942,485,000 $ 147,000 $ 70,000
Chambers 1,480 $ 190,260,000 $ 128,000 $ 65,000
Cherokee 1,499 $ 252,595,000 $ 168,000 $ 86,000
Chilton 2,836 $ 433,280,000 $ 152,000 $ 78,000
Choctaw 364 $ 41,050,000 $ 112,000 $ 88,000
Clarke 966 $ 129,260,000 $ 133,000 $ 72,000
Clay 448 $ 58,480,000 $ 130,000 $ 66,000
Cleburne 691 $ 109,105,000 $ 157,000 $ 75,000
Coffee 4,302 $ 812,110,000 $ 188,000 $ 87,000
Colbert 3,707 $ 638,295,000 $ 172,000 $ 91,000
Conecuh 372 $ 41,120,000 $ 110,000 $ 65,000
Coosa 511 $ 95,545,000 $ 186,000 $ 106,000
Covington 1,782 $ 274,790,000 $ 154,000 $ 78,000
Crenshaw 625 $ 76,505,000 $ 122,000 $ 68,000
Cullman 5,492 $ 992,140,000 $ 180,000 $ 89,000
Dale 2,588 $ 416,580,000 $ 160,000 $ 73,000
Dallas 1,073 $ 127,945,000 $ 119,000 $ 82,000
DeKalb 2,728 $ 409,170,000 $ 149,000 $ 73,000
Elmore 7,005 $ 1,431,545,000 $ 204,000 $ 100,000
Escambia 1,561 $ 205,325,000 $ 131,000 $ 67,000
Etowah 5,383 $ 858,705,000 $ 159,000 $ 78,000
Fayette 630 $ 78,230,000 $ 124,000 $ 68,000
Franklin 1,015 $ 137,985,000 $ 135,000 $ 73,000
Geneva 1,296 $ 174,600,000 $ 134,000 $ 70,000
Greene 207 $ 24,065,000 $ 116,000 $ 68,000
Hale 657 $ 94,575,000 $ 143,000 $ 66,000
Henry 1,127 $ 186,145,000 $ 165,000 $ 80,000
Houston 6,952 $ 1,262,590,000 $ 181,000 $ 88,000
Jackson 2,521 $ 430,165,000 $ 170,000 $ 82,000
Jefferson 46,170 $ 11,048,230,000 $ 239,000 $ 113,000
Lamar 423 $ 51,345,000 $ 121,000 $ 67,000
Lauderdale 5,930 $ 1,037,750,000 $ 175,000 $ 96,000
Lawrence 1,764 $ 243,740,000 $ 138,000 $ 74,000
Lee 12,897 $ 3,013,515,000 $ 233,000 $ 106,000
Limestone 10,914 $ 2,496,010,000 $ 228,000 $ 102,000
Lowndes 436 $ 55,570,000 $ 127,000 $ 88,000
Macon 667 $ 80,395,000 $ 120,000 $ 69,000
Madison 39,302 $ 9,324,080,000 $ 237,000 $ 116,000
Marengo 758 $ 95,710,000 $ 126,000 $ 68,000
Marion 1,015 $ 132,915,000 $ 130,000 $ 73,000
Marshall 6,022 $ 1,109,280,000 $ 184,000 $ 93,000
Mobile 25,869 $ 4,632,295,000 $ 179,000 $ 88,000
Monroe 670 $ 81,350,000 $ 121,000 $ 71,000
Montgomery 13,868 $ 2,755,010,000 $ 198,000 $ 93,000
Morgan 8,159 $ 1,365,530,000 $ 167,000 $ 85,000
Perry 230 $ 21,090,000 $ 91,000 $ 56,000
Pickens 708 $ 87,470,000 $ 123,000 $ 69,000
Pike 1,418 $ 236,720,000 $ 166,000 $ 81,000
Randolph 1,249 $ 227,055,000 $ 181,000 $ 105,000
Russell 3,883 $ 740,355,000 $ 190,000 $ 71,000
Shelby 23,525 $ 5,686,135,000 $ 241,000 $ 106,000
St. Clair 8,297 $ 1,737,205,000 $ 209,000 $ 84,000
Sumter 342 $ 39,130,000 $ 114,000 $ 66,000
Talladega 4,457 $ 693,575,000 $ 155,000 $ 75,000
Tallapoosa 2,806 $ 714,580,000 $ 254,000 $ 136,000
Tuscaloosa 14,560 $ 3,155,430,000 $ 216,000 $ 99,000
Walker 3,125 $ 456,355,000 $ 146,000 $ 79,000
Washington 609 $ 74,355,000 $ 122,000 $ 75,000
Wilcox 305 $ 36,575,000 $ 119,000 $ 71,000
Winston 1,442 $ 322,490,000 $ 223,000 $ 131,000

Our comprehensive HMDA mortgage statistics offer invaluable insights into Alabama's 2021 lending landscape. By analyzing detailed data on mortgage applications, loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can identify key trends shaping the state's housing market.

This in-depth information enables real estate experts, financial analysts, and policymakers to monitor market shifts, assess borrower demographics, and evaluate lender performance effectively. Leverage this powerful data to make informed decisions, conduct thorough market research, and stay ahead in the evolving mortgage industry.
To gain a deeper understanding of Alabama's mortgage lending environment, download the comprehensive list of lenders and their aggregated HMDA statistics today.

Download the Alabama Lender List