Cherokee County AL
Mortgage Loan Application
Totals and Details
for 2015

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 825
Total Mortgage Loan Application Amount $98,952,000
Average Mortgage Loan Application Amount $119,000
Highest Mortgage Loan Application Amount $563,000
Average Applicant Income $61,000
Highest Applicant Income $1,536,000

Mortgage Company List for Lending in Cherokee County AL for 2015

* 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
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 118,801,412,000 83 $ 7,087,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 54 $ 3,510,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,532,784,000,000 41 $ 4,846,000
FIRST FEDERAL BANK, A FSB
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 114,985,000 38 $ 4,734,000
ACOPIA, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 27 $ 4,821,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 26 $ 4,101,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 26 $ 3,745,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 26 $ 2,796,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 12,248,532,000 21 $ 2,747,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 20 $ 1,676,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 18 $ 3,725,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 18 $ 876,000
ALABAMA TEACHERS
702 WALNUT ST
GADSDEN, AL 35901
* $ 248,541,000 14 $ 1,096,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 12 $ 1,737,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 11 $ 1,435,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 10 $ 1,248,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 9 $ 1,017,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 9 $ 1,233,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 8 $ 1,261,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 8 $ 1,391,000
PEOPLES BANK OF ALABAMA
1912 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 614,294,000 8 $ 546,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 8 $ 1,695,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 8 $ 888,000
MORTGAGE INVESTORS GROUP, INC.
8320 E. WALKER SPRINGS LANE
KNOXVILLE, TN 37923
* $ 10,000,000 8 $ 1,161,000
LIBERTY BANK
40956 AL HWY 75, PO BOX 187
GERALDINE, AL 35974
* $ 107,287,000 7 $ 369,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 7 $ 696,000
EVABANK
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 330,728,000 7 $ 247,000
UNITED COMMUNITY BANK
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 7,530,159,000 7 $ 1,163,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 7 $ 713,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 6 $ 489,000
PEOPLES INDEPENDENT BANK
121 BILLY DYAR BLVD PO BOX 669
BOAZ, AL 35957
* $ 186,582,000 6 $ 630,000
FIRST BANK OF GEORGIA
2743 PERIMETER PKWY BLD 100, SUITE 100
AUGUSTA, GA 30909
* $ 516,959,000 6 $ 647,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 6 $ 840,000
FORT MCCLELLAN CREDIT UNION
1731 NOBLE STREET
ANNISTON, AL 36201
* $ 205,235,000 6 $ 544,000
COOSA VALLEY CREDIT UNION
2010 REDMOND CIRCLE
ROME, GA 30165
* $ 165,346,000 5 $ 583,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 5 $ 803,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 5 $ 61,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,356,442,000,000 5 $ 839,000
THE SOUTHERN BANK COMPANY
P O BOX 1130
GADSDEN, AL 35902
* $ 95,827,000 4 $ 648,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 4 $ 228,000
DISCOVER HOME LOANS, INC
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 4 $ 648,000
HOME POINT MORTGAGE ACCEPTANCE CORPORATION
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 4 $ 997,000
FAMILY SAVINGS
711 E MEIGHAN BLVD
GADSDEN, AL 35903
* $ 326,781,000 4 $ 401,000
APCO EMPLOYEES
750 17TH STREET NORTH
BIRMINGHAM, AL 35203
* $ 2,496,951,000 4 $ 490,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 4 $ 683,000
STATE BANK AND TRUST COMPANY
4219 FORSYTH ROAD
MACON, GA 31210
* $ 2,880,380,000 4 $ 529,000
SOUTHPOINT BANK
3501 GRANDVIEW PARKWAY
BIRMINGHAM, AL 35243
* $ 203,680,000 4 $ 342,000
COMMUNITY & SOUTHERN BANK
3333 RIVERWOOD PARKWAY SUITE #350
ATLANTA, GA 30339
* $ 3,399,089,000 3 $ 275,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,424,729,000 3 $ 339,000
AMERIS BANK
300 SOUTH MAIN STREET
MOULTRIE, GA 31768
* $ 4,040,577,000 3 $ 475,000
THE EXCHANGE BANK OF ALABAMA
PO BOX 1100
GADSDEN, AL 35902
* $ 249,353,000 3 $ 381,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 3 $ 383,000
HOMESTAR FINANCIAL CORPORATION
332 WASHINGTON STREET, NW
GAINESVILLE, GA 30501
* $ 45,240,000 3 $ 444,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 3 $ 263,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 3 $ 295,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 3 $ 464,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 17,796,419,000 3 $ 288,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 2 $ 510,000
SYNOVUS BANK
PO BOX 120
COLUMBUS, GA 31902
* $ 26,777,424,000 2 $ 255,000
SOUTHEAST FIRST NATIONAL BANK
P.O. BOX 530, 10144 COMMERCE STREET
SUMMERVILLE, GA 30747
* $ 61,715,000 2 $ 84,000
FIDELITY BANK
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 3,083,087,000 2 $ 341,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 2 $ 628,000
SYNOVUS MORTGAGE CORPORATION
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 27,908,468,000 2 $ 343,000
KIND LENDING, LLC
9931 CORPORATE CAMPUS DR, STE 1200
LOUISVILLE, KY 40223
* $ 42,141,000 2 $ 163,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 321,539,000 2 $ 371,000
THE MORTGAGE OUTLET, INC.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 2 $ 120,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 2 $ 342,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 2 $ 245,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 2 $ 458,000
GEORGIA UNITED
6705 SUGARLOAF PARKWAY
DULUTH, GA 30097
* $ 997,728,000 2 $ 767,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 2 $ 570,000
GUARANTY TRUST COMPANY
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 2 $ 214,000
HERITAGEBANK OF THE SOUTH
3333 PEACHTREE RD NE SUITE M-10
ATLANTA, GA 30326
* $ 5,785,742,000 2 $ 574,000
CHEAHA BANK
1320 HIGHWAY DRIVE
OXFORD, AL 36203
* $ 186,810,000 2 $ 98,000
GEORGIA BANKING COMPANY
6190 POWERS FERRY ROAD, SUITE 150
ATLANTA, GA 30339
* $ 257,892,000 2 $ 430,000
CLAYTON BANK AND TRUST
520 WEST SUMMIT HILL DRIVE SUITE 801
KNOXVILLE, TN 37902
* $ 708,292,000 2 $ 99,000
TRIUMPH BANK
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 517,645,000 2 $ 240,000
BRAND MORTGAGE GROUP, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ 1,865,407,000 1 $ 71,000
ACCEPTANCE CAPITAL MORTGAGE
113 EAST MAGNESIUM RD, UNIT D
SPOKANE, WA 99208
* $ 12,414,000 1 $ 58,000
JAMES B. NUTTER & COMPANY
4153 BROADWAY
KANSAS CITY, MO 64111
* $ 145,480,000 1 $ 104,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 63,000
RIVER CITY BANK
228 NORTH 2ND AVENUE
ROME, GA 30165
* $ 167,388,000 1 $ 15,000
SOUTHERN STATES BANK
615 QUINTARD AVE
ANNISTON, AL 36201
* $ 304,681,000 1 $ 125,000
DELTA COMMUNITY CREDIT UNION
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 4,663,901,000 1 $ 180,000
CBC NATIONAL BANK
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 421,354,000 1 $ 65,000
AMERICAN COMMERCE BANK, NATIONAL ASSOCIATION
400 US HWY 27 BYPASS
BREMEN, GA 30110
* $ 102,591,000 1 $ 37,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 76,205,000 1 $ 116,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,281,397,000 1 $ 315,000
TUSCALOOSA CREDIT UNION
1100 21ST AVENUE
TUSCALOOSA, AL 35401
* $ 60,724,000 1 $ 202,000
FLAGSHIP FINANCIAL GROUP, LLC.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 1 $ 150,000
NORTHWEST GEORGIA CREDIT UNION
1307 REDMOND RD
ROME, GA 30165
* $ 69,017,000 1 $ 57,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 1 $ 135,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 1 $ 82,000
AOD FEDERAL CREDIT UNION
334 VICTORY DRIVE
BYNUM, AL 36253
* $ 266,744,000 1 $ 55,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 168,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 219,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 162,000
GMFS LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 1 $ 79,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 5,785,742,000 1 $ 124,000
HONDA FEDERAL CREDIT UNION
1919 TORRANCE BLVD
TORRANCE, CA 90509
* $ 671,793,000 1 $ 60,000
HOMETRUST MORTGAGE COMPANY
5353 W ALABAMA, SUITE 500
HOUSTON, TX 77056
* $ 10,000,000 1 $ 64,000
CORNERSTONE HOME LENDING, INC.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 1 $ 216,000
PRIMARY CAPITAL
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 1 $ 165,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 114,000
CORPORATE AMERICA FAMILY
2445 ALFT LANE
ELGIN, IL 60124
* $ 576,896,000 1 $ 39,000
LSI MORTGAGE PLUS
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 165,000
THE OLD POINT NATIONAL BANK OF PHOEBUS
1 W MELLEN STREET
HAMPTON, VA 23663
* $ 871,691,000 1 $ 50,000
THE BANK OF LAFAYETTE, GEORGIA
P O BOX 1149
LAFAYETTE, GA 30728
* $ 236,411,000 1 $ 202,000
METRO BANK
800 MARTIN ST S
PELL CITY, AL 35128
* $ 661,429,000 1 $ 100,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ 50,442,000 1 $ 113,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 270,000
UNION STATE BANK
2019 COGSWELL AVE
PELL CITY, AL 35125
* $ 233,616,000 1 $ 98,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 275,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 238,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ 29,436,748,000 1 $ 237,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 1 $ 133,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 114,000
CENTENNIAL BANK
PO BOX 966
CONWAY, AR 72033
* $ 7,384,532,000 1 $ 8,000
FLORIDA CAPITAL BANK, NATIONAL ASSOCIATION
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 378,840,000 1 $ 190,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 1 $ 40,000
MORTGAGE ASSURANCE INC.
1200 ASHWOOD PKWY. STE 200
ATLANTA, GA 30338
* $ 3,711,533,000 1 $ 256,000
INTERLINC MORTGAGE SERVICES, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77064
* $ 21,269,000 1 $ 168,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 255,011,219,000 1 $ 198,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 28,953,664,000 1 $ 95,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 79,624,593,000 1 $ 108,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 1 $ 140,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 95,920,564,000 1 $ 64,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 1 $ 77,000
CIS FINANCIAL SERVICES, INC.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 178,000
CONSUMER FIRST MORTGAGE, INC.
511 ENERGY CENTER BLVD, SUITE 702
NORTHPORT, AL 35473
* $ 10,000,000 1 $ 168,000
ALATRUST CREDIT UNION
1810 MERCHANTS DRIVE
HOOVER, AL 35244
* $ 129,160,000 1 $ 50,000
FLAGSTAR BANK
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 1 $ 119,000

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 2015

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 382 $53,771,000 $140,000 $563,000 $60,000 $749,000
Home Purchase 368 $40,705,000 $110,000 $450,000 $56,000 $293,000
Home Improvement 75 $4,476,000 $59,000 $353,000 $86,000 $1,536,000

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 647 $76,307,000 $117,000 $563,000 $67,000 $1,536,000
Not applicable 87 $11,905,000 $136,000 $354,000 $4,000 $119,000
Not Provided 50 $5,882,000 $117,000 $417,000 $82,000 $370,000
Black or African American 24 $3,074,000 $128,000 $427,000 $37,000 $88,000
Hispanic 12 $1,202,000 $100,000 $202,000 $64,000 $156,000
American Indian or Alaskan Native 5 $582,000 $116,000 $335,000 $77,000 $153,000
Asian 0 $0 $0 $0 $0 $0
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) 556 $64,493,000 $115,000 $563,000 $71,000 $1,536,000
FHA-insured (Federal Housing Administration) 149 $17,708,000 $118,000 $257,000 $39,000 $162,000
VA-guaranteed (Veterans Administration) 73 $12,683,000 $173,000 $427,000 $49,000 $161,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 47 $4,068,000 $86,000 $178,000 $26,000 $68,000

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 358 $43,633,000 $121,000 $563,000 $75,000 $551,000
Application Denied By Financial Institution 189 $19,296,000 $102,000 $400,000 $54,000 $749,000
Loan Purchased By The Institution 123 $16,935,000 $137,000 $371,000 $24,000 $237,000
Application Withdrawn By Applicant 70 $9,086,000 $129,000 $400,000 $55,000 $217,000
File Closed For Incompleteness 54 $5,375,000 $99,000 $427,000 $56,000 $217,000
Application Approved But Not Accepted 31 $4,627,000 $149,000 $360,000 $96,000 $1,536,000
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 24 $2,336,000 $97,000 $275,000 $87,000 $749,000
Debt-To-Income Ratio 21 $2,523,000 $120,000 $346,000 $41,000 $93,000
Collateral 18 $1,589,000 $88,000 $217,000 $58,000 $116,000
Credit Application Incomplete 10 $1,264,000 $126,000 $231,000 $52,000 $122,000
Other 6 $558,000 $93,000 $353,000 $62,000 $140,000
Employment History 3 $221,000 $73,000 $109,000 $46,000 $83,000
Insufficient Cash (Downpayment, Closing Cost) 1 $123,000 $123,000 $123,000 $36,000 $36,000
Unverifiable Information 1 $190,000 $190,000 $190,000 $31,000 $31,000
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