Cherokee County AL
Mortgage Loan Application
Totals and Details
for 2012

Find mortgage statistics and lending data for the Cherokee County AL metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2021.
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 Cherokee 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 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,027
Total Mortgage Loan Application Amount $128,938,000
Average Mortgage Loan Application Amount $125,000
Highest Mortgage Loan Application Amount $468,000
Average Applicant Income $62,000
Highest Applicant Income $834,000

Mortgage Company List for Lending in Cherokee County AL for 2012

* 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
* $ 1,161,490,000,000 104 $ 15,914,000
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 123,368,203,000 90 $ 7,379,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 9,612,081,000 57 $ 8,035,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 56 $ 6,788,000
FIRST FEDERAL BANK, A FSB
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 188,749,000 50 $ 6,396,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 46 $ 5,463,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 28 $ 1,851,000
EVABANK
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 352,056,000 27 $ 910,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,288,658,000,000 24 $ 3,164,000
GENERATIONS BANK
1285 CHESNUT BYPASS
CENTRE, AL 35960
* $ 64,118,000 23 $ 1,306,000
ALABAMA TEACHERS
702 WALNUT ST
GADSDEN, AL 35901
* $ 213,837,000 20 $ 1,209,000
CRESCENT MORTGAGE COMPANY
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 826,484,000 19 $ 3,132,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 168,867,640,000 18 $ 2,218,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 18 $ 3,509,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,291,705,000 17 $ 3,539,000
UNITED COMMUNITY BANK
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 6,977,357,000 15 $ 1,796,000
FORT MCCLELLAN CREDIT UNION
1731 NOBLE STREET
ANNISTON, AL 36201
* $ 167,031,000 15 $ 2,127,000
UNION STATE BANK
2019 COGSWELL AVE
PELL CITY, AL 35125
* $ 272,468,000 14 $ 825,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 14 $ 2,023,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 14 $ 2,409,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 14 $ 638,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 13 $ 2,158,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,623,469,000 12 $ 1,810,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 11 $ 1,474,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 10 $ 1,245,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 10 $ 1,511,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 63,106,987,000 9 $ 1,454,000
HOME LOAN CENTER, INC.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 9 $ 1,081,000
HOMETRUST MORTGAGE COMPANY
5353 W ALABAMA, SUITE 500
HOUSTON, TX 77056
* $ 10,000,000 8 $ 1,215,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 8 $ 880,000
AMERICAN BANK OF HUNTSVILLE
3301 MEMORIAL PKWY SW
HUNTSVILLE, AL 35801
* $ 173,615,000 7 $ 954,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 7 $ 794,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 6 $ 635,000
NETWORK FUNDING, L.P.
9700 RICHMOND, SUITE 320
HOUSTON, TX 77042
* $ 43,942,000 6 $ 806,000
THE SOUTHERN BANK COMPANY
P O BOX 1130
GADSDEN, AL 35902
* $ 101,769,000 6 $ 852,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 5 $ 693,000
COOSA VALLEY CREDIT UNION
2010 REDMOND CIRCLE
ROME, GA 30165
* $ 157,882,000 5 $ 431,000
MERCHANTS & MARINE BANK
P. O. BOX 729
PASCAGOULA, MS 39568
* $ 555,432,000 5 $ 70,000
LIBERTY BANK
40956 AL HWY 75, PO BOX 187
GERALDINE, AL 35974
* $ 104,556,000 5 $ 116,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 5 $ 574,000
HOME POINT MORTGAGE ACCEPTANCE CORPORATION
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 4 $ 924,000
THE MORTGAGE OUTLET, INC.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 4 $ 388,000
KEYSTONE BANK
2394 E. UNIVERSITY DR.
AUBURN, AL 36830
* $ 198,451,000 4 $ 366,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,790,194,000 4 $ 489,000
FIRST BANK OF GEORGIA
2743 PERIMETER PKWY BLD 100, SUITE 100
AUGUSTA, GA 30909
* $ 493,073,000 4 $ 638,000
SYNOVUS MORTGAGE CORPORATION
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 27,908,468,000 4 $ 374,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 3 $ 675,000
METRO BANK
800 MARTIN ST S
PELL CITY, AL 35128
* $ 627,713,000 3 $ 161,000
GREATER COMMUNITY BANK
1490 MARTHA BERRY BLVD.; P. O. BOX 529
ROME, GA 30162
* $ 156,339,000 3 $ 636,000
GUARANTY TRUST COMPANY
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 3 $ 408,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 350,000
CASHCALL, INC.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 3 $ 513,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 3 $ 454,000
DSLD MORTGAGE, LLC
13348 COURSEY BLVD. SUITE D
BATON ROUGE, LA 70816
* $ 222,000 3 $ 403,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 3 $ 815,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 3 $ 695,000
GMFS LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 3 $ 403,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 3 $ 348,000
BRAND MORTGAGE GROUP, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ 1,195,416,000 3 $ 610,000
FIRST FEDERAL BANK
2440 MALL DRIVE
NORTH CHARLESTON, SC 29406
* $ 3,140,407,000 3 $ 156,000
PREMIER HOME MORTGAGE, INC.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 3 $ 250,000
ALLIANCE FINANCIAL RESOURCES
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 3 $ 594,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 2 $ 157,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 2 $ 247,000
LIBERTY HOME EQUITY SOLUTIONS, INC.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 191,000
THE BANK OF LAFAYETTE, GEORGIA
P O BOX 1149
LAFAYETTE, GA 30728
* $ 225,632,000 2 $ 195,000
FAMILY SAVINGS CREDIT UNION
711 EAST MEIGHAN BLVD
GADSDEN, AL 35903
* $ 281,035,000 2 $ 138,000
FIDELITY BANK
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 2,231,779,000 2 $ 648,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 4,196,437,000 2 $ 234,000
BANK OF DADE
P.O. DRAWER 9
TRENTON, GA 30752
* $ 94,573,000 2 $ 74,000
BANKSOUTH
6340 LAKE OCONEE PARKWAY
GREENSBORO, GA 30642
* $ 345,856,000 2 $ 570,000
CBC NATIONAL BANK
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 477,611,000 2 $ 124,000
HOMEOWNERS MORTGAGE OF AMERICA
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 2 $ 310,000
LSI MORTGAGE PLUS
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 2 $ 260,000
RESIDENTIAL FINANCE CORPORATIO
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 2 $ 210,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 2 $ 227,000
EQUITY PRIME MORTGAGE LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 2 $ 223,000
ROUNDPOINT MORTGAGE COMPANY
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 2 $ 406,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 2 $ 356,000
PEOPLES INDEPENDENT BANK
121 BILLY DYAR BLVD PO BOX 669
BOAZ, AL 35957
* $ 171,357,000 2 $ 691,000
LENDMARK FINANCIAL SERVICES
223 W NASH ST
WILSON, NC 27893
* $ 43,592,768,000 2 $ 41,000
SYNOVUS BANK
PO BOX 120
COLUMBUS, GA 31902
* $ 26,863,303,000 2 $ 164,000
CADENCE BANK
P O BOX 789
TUPELO, MS 38802
* $ 12,990,345,000 2 $ 244,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 46,925,466,000 1 $ 143,000
GMAC MORTGAGE, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 148,000
ONEMAIN FINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 2,084,000,000 1 $ 52,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 12,019,539,000 1 $ 308,000
EDWARD JONES MORTGAGE, LLC
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,783,443,000 1 $ 265,000
ING BANK, FSB / CAPITAL ONE
11130 INDUSTRIPLEX BLVD
BATON ROUGE, LA 70809
* $ 92,212,498,000 1 $ 250,000
CADENCE BANK, N.A.
2100 3RD AVE N
BIRMINGHAM, AL 35203
* $ 3,907,053,000 1 $ 98,000
SOUTHEAST FIRST NATIONAL BANK
P.O. BOX 530, 10144 COMMERCE STREET
SUMMERVILLE, GA 30747
* $ 64,719,000 1 $ 60,000
WOODFOREST NATIONAL BANK
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 3,488,863,000 1 $ 1,000
ACCEPTANCE LOAN COMPANY
121 WEST CHURCH STREET
JACKSON, AL 36545
* $ 70,000,000 1 $ 7,000
CHEAHA BANK
1320 HIGHWAY DRIVE
OXFORD, AL 36203
* $ 170,974,000 1 $ 83,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ 5,889,539,000 1 $ 261,000
BARRONS MORTGAGE GROUP LTD
3325 SOUTH TRYON STREET
CHARLOTTE, NC 28217
* $ 6,353,000 1 $ 212,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 1 $ 98,000
TERRACE MORTGAGE COMPANY
900 ASHWOOD PKWY. STE. 130
ATLANTA, GA 30338
* $ 40,450,000 1 $ 225,000
GFS CAPITAL
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 1 $ 96,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 239,000
CIS FINANCIAL SERVICES, INC.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 96,000
LAND HOME FINANCIAL SERVICES, INC.
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 1 $ 125,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 228,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 232,000
REVERSE MORTGAGE USA, INC.
6500 RIVER PLACE BLVD, BLDG 1, STE 425
AUSTIN, TX 78730
* $ 3,305,000 1 $ 85,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 327,000
IMPAC MORTGAGE CORP.
19500 JAMBOREE RD
IRVINE, CA 92612
* $ 32,120,000 1 $ 125,000
MORTGAGE INVESTORS GROUP, INC.
8320 E. WALKER SPRINGS LANE
KNOXVILLE, TN 37923
* $ 10,000,000 1 $ 79,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 131,000
NATIONAL BANK OF KANSAS CITY
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 619,450,000 1 $ 235,000
AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION
400 US HWY 27 BYPASS
BREMEN, GA 30110
* $ 55,865,000 1 $ 47,000
HEARTLAND BANK
212 SOUTH CENTRAL
ST. LOUIS, MO 63105
* $ 878,852,000 1 $ 115,000
AMERICAN BANK
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 419,837,000 1 $ 116,000
ATLANTIC COAST BANK
505 HAINES AVE
WAYCROSS, GA 31501
* $ 789,812,000 1 $ 99,000
AUBURNBANK
100 N. GAY STREET
AUBURN, AL 36830
* $ 776,790,000 1 $ 248,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 518,825,000 1 $ 15,000
THE EXCHANGE BANK OF ALABAMA
PO BOX 1100
GADSDEN, AL 35902
* $ 230,664,000 1 $ 2,000
AOD FEDERAL CREDIT UNION
334 VICTORY DRIVE
BYNUM, AL 36253
* $ 228,914,000 1 $ 35,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 240,651,000 1 $ 153,000
TRUHOME SOLUTIONS, L.L.C.
9601 LEGLER RD
LENEXA, KS 66219
* $ 1,900,000,000 1 $ 88,000
MORTGAGEAMERICA, INC.
1800 INTERNATIONAL PARK DR, SUITE 100
BIRMINGHAM, AL 35243
* $ 10,000,000 1 $ 270,000
ASSOCIATED CREDIT UNION
P.O. BOX 923028
PEACHTREE CORNERS, GA 30092
* $ 1,211,590,000 1 $ 79,000
ALABAMA CREDIT UNION
220 PAUL W. BRYANT DR. E.
TUSCALOOSA, AL 35401
* $ 479,312,000 1 $ 207,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,681,476,000 1 $ 102,000
SUNCOAST CREDIT UNION
6801 E HILLSBOROUGH AVE
TAMPA, FL 33610
* $ 4,928,571,000 1 $ 111,000
LEGACY COMMUNITY FEDERAL CREDIT UNION
1400 20TH STREET S
BIRMINGHAM, AL 35205
* $ 387,614,000 1 $ 404,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 169,000
SERVICE FINANCE COMPANY, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 1 $ 7,000
MAIN STREET HOME LOANS LLC
4010 OLD MILTON PARKWAY
ALPHARETTA, GA 30005
* $ 11,000,000 1 $ 380,000
AMERITRUST MORTGAGE INC.
11016 RUSHMORE DRIVE, SUITE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 137,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 1 $ 47,000

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 Cherokee County AL in 2012

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 652 $96,869,000 $148,000 $468,000 $67,000 $744,000
Home Purchase 299 $29,744,000 $99,000 $420,000 $53,000 $834,000
Home Improvement 76 $2,325,000 $30,000 $162,000 $50,000 $195,000

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 776 $94,828,000 $122,000 $468,000 $70,000 $834,000
Not applicable 123 $17,886,000 $145,000 $420,000 $10,000 $204,000
Not Provided 90 $12,750,000 $141,000 $327,000 $67,000 $325,000
Black or African American 30 $2,759,000 $91,000 $237,000 $42,000 $122,000
Hispanic 6 $390,000 $65,000 $104,000 $40,000 $66,000
American Indian or Alaskan Native 1 $10,000 $10,000 $10,000 $40,000 $40,000
Asian 1 $315,000 $315,000 $315,000 $300,000 $300,000
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) 778 $100,090,000 $128,000 $468,000 $70,000 $834,000
FHA-insured (Federal Housing Administration) 163 $18,794,000 $115,000 $276,000 $33,000 $215,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 51 $5,127,000 $100,000 $237,000 $35,000 $64,000
VA-guaranteed (Veterans Administration) 35 $4,927,000 $140,000 $275,000 $39,000 $120,000

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 437 $56,591,000 $129,000 $468,000 $75,000 $834,000
Application Denied By Financial Institution 222 $22,740,000 $102,000 $417,000 $55,000 $350,000
Loan Purchased By The Institution 188 $26,461,000 $140,000 $398,000 $32,000 $744,000
Application Withdrawn By Applicant 88 $11,703,000 $132,000 $417,000 $64,000 $452,000
Application Approved But Not Accepted 62 $7,729,000 $124,000 $373,000 $62,000 $162,000
File Closed For Incompleteness 30 $3,714,000 $123,000 $243,000 $84,000 $303,000
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 50 $3,715,000 $74,000 $270,000 $50,000 $196,000
Collateral 23 $3,583,000 $155,000 $417,000 $116,000 $350,000
Debt-To-Income Ratio 19 $2,177,000 $114,000 $301,000 $36,000 $89,000
Other 13 $2,312,000 $177,000 $383,000 $87,000 $178,000
Credit Application Incomplete 12 $1,647,000 $137,000 $279,000 $74,000 $255,000
Unverifiable Information 6 $850,000 $141,000 $257,000 $46,000 $123,000
Insufficient Cash (Downpayment, Closing Cost) 2 $281,000 $140,000 $198,000 $17,000 $34,000
Employment History 1 $344,000 $344,000 $344,000 $85,000 $85,000
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