Cherokee County AL
Mortgage Loan Application
Totals and Details
for 2016

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 967
Total Mortgage Loan Application Amount $115,946,000
Average Mortgage Loan Application Amount $119,000
Highest Mortgage Loan Application Amount $475,000
Average Applicant Income $65,000
Highest Applicant Income $2,340,000

Mortgage Company List for Lending in Cherokee 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
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,121,263,000 115 $ 7,408,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 64 $ 9,150,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 64 $ 3,963,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,610,580,000,000 51 $ 6,747,000
FIRST FEDERAL BANK, A FSB
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 109,752,000 33 $ 3,771,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 12,677,017,000 31 $ 4,638,000
ACOPIA, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 25 $ 4,059,000
MORTGAGE INVESTORS GROUP, INC.
8320 E. WALKER SPRINGS LANE
KNOXVILLE, TN 37923
* $ 10,000,000 21 $ 3,748,000
ALABAMA TEACHERS
702 WALNUT ST
GADSDEN, AL 35901
* $ 259,965,000 21 $ 2,362,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 21 $ 3,171,000
PEOPLES BANK OF ALABAMA
1912 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 651,466,000 19 $ 2,541,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 19 $ 2,356,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 16 $ 2,066,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 16 $ 2,323,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 14 $ 1,851,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 13 $ 708,000
EVABANK
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 348,393,000 13 $ 421,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 13 $ 1,412,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 13 $ 1,745,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 12 $ 2,631,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 11 $ 1,964,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 11 $ 1,309,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 11 $ 1,481,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 7,901,669,000 10 $ 1,509,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 9 $ 981,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 8 $ 1,186,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,887,863,000 8 $ 1,234,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 8 $ 1,077,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 7 $ 964,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 7 $ 228,000
UNITED COMMUNITY BANK
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 9,592,631,000 7 $ 879,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 7 $ 771,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 7 $ 1,166,000
HOME POINT MORTGAGE ACCEPTANCE CORPORATION
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 7 $ 1,335,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 6 $ 957,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 6 $ 799,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 6 $ 1,126,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 6 $ 969,000
LIBERTY BANK
40956 AL HWY 75, PO BOX 187
GERALDINE, AL 35974
* $ 114,384,000 6 $ 184,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 5 $ 403,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 5 $ 624,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 5 $ 788,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 4 $ 404,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 4 $ 899,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,299,801,000,000 4 $ 334,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 85,426,845,000 4 $ 404,000
UNION STATE BANK
2019 COGSWELL AVE
PELL CITY, AL 35125
* $ 233,599,000 4 $ 265,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 4 $ 759,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 3 $ 506,000
SYNOVUS MORTGAGE CORPORATION
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 27,908,468,000 3 $ 394,000
FAMILY SAVINGS
711 E MEIGHAN BLVD
GADSDEN, AL 35903
* $ 357,267,000 3 $ 178,000
MB FINANCIAL BANK, NATIONAL ASSOCIATION
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 15,536,515,000 3 $ 283,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 19,460,442,000 3 $ 400,000
PEOPLES INDEPENDENT BANK
121 BILLY DYAR BLVD PO BOX 669
BOAZ, AL 35957
* $ 200,779,000 3 $ 466,000
STATE BANK AND TRUST COMPANY
4219 FORSYTH ROAD
MACON, GA 31210
* $ 3,455,981,000 3 $ 316,000
SOUTHPOINT BANK
3501 GRANDVIEW PARKWAY
BIRMINGHAM, AL 35243
* $ 227,770,000 3 $ 225,000
GMFS LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 3 $ 439,000
GREATER COMMUNITY BANK
1490 MARTHA BERRY BLVD.; P. O. BOX 529
ROME, GA 30162
* $ 132,647,000 3 $ 283,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 3 $ 309,000
THE SOUTHERN BANK COMPANY
P O BOX 1130
GADSDEN, AL 35902
* $ 100,335,000 3 $ 203,000
CLAYTON BANK AND TRUST
520 WEST SUMMIT HILL DRIVE SUITE 801
KNOXVILLE, TN 37902
* $ 785,530,000 3 $ 177,000
HOMESTAR FINANCIAL CORPORATION
332 WASHINGTON STREET, NW
GAINESVILLE, GA 30501
* $ 45,240,000 3 $ 410,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 3 $ 152,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 3 $ 749,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 3 $ 538,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 2 $ 321,000
GUARANTY TRUST COMPANY
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 2 $ 352,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 2 $ 311,000
HERITAGE FIRST BANK
501 BROAD STREET
ROME, GA 30161
* $ 103,561,000 2 $ 583,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ 826,484,000 2 $ 431,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 195,000
ASSOCIATED CREDIT UNION
P.O. BOX 923028
PEACHTREE CORNERS, GA 30092
* $ 1,381,767,000 2 $ 214,000
FORT MCCLELLAN CREDIT UNION
1731 NOBLE STREET
ANNISTON, AL 36201
* $ 214,348,000 2 $ 158,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 2 $ 165,000
IMPAC MORTGAGE CORP.
19500 JAMBOREE RD
IRVINE, CA 92612
* $ 32,120,000 2 $ 225,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 2 $ 321,000
SOUTH STATE BANK
520 GERVAIS STREET
COLUMBIA, SC 29201
* $ 8,560,707,000 2 $ 130,000
HOWARD BANK
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 947,219,000 2 $ 116,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 2 $ 258,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 322,000
AMERIS BANK
300 SOUTH MAIN STREET
MOULTRIE, GA 31768
* $ 5,592,561,000 2 $ 278,000
CIS FINANCIAL SERVICES, INC.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 2 $ 292,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 2 $ 350,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,649,486,000 2 $ 537,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,801,773,000 2 $ 83,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 2 $ 103,000
HOMESERVICES LENDING, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 1 $ 158,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 1 $ 60,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 92,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 2,358,315,000 1 $ 232,000
ALABAMA ONE CREDIT UNION
1215 VETERANS MEMORIAL PARKWAY
TUSCALOOSA, AL 35404
* $ 580,239,000 1 $ 107,000
GEORGIA UNITED
6705 SUGARLOAF PARKWAY
DULUTH, GA 30097
* $ 1,087,173,000 1 $ 86,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 11,567,246,000 1 $ 62,000
CADENCE BANK
P O BOX 789
TUPELO, MS 38802
* $ 13,790,125,000 1 $ 369,000
AOD FEDERAL CREDIT UNION
334 VICTORY DRIVE
BYNUM, AL 36253
* $ 280,178,000 1 $ 108,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 1 $ 240,000
CHARTERBANK
1233 O.G. SKINNER DRIVE
WEST POINT, GA 31833
* $ 1,004,371,000 1 $ 184,000
FME FEDERAL CREDIT UNION
29624 HARPER
ST CLAIR SHORES, MI 48082
* $ 70,930,000 1 $ 132,000
APCO EMPLOYEES
750 17TH STREET NORTH
BIRMINGHAM, AL 35203
* $ 2,599,286,000 1 $ 100,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 153,000
LENDERLIVE NETWORK, LLC
710 S ASH
GLENDALE, CO 80246
* $ 17,900,000 1 $ 158,000
SOUTHEAST FIRST NATIONAL BANK
P.O. BOX 530, 10144 COMMERCE STREET
SUMMERVILLE, GA 30747
* $ 55,209,000 1 $ 15,000
CBC NATIONAL BANK
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 464,368,000 1 $ 130,000
LOW VA RATES, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 1 $ 130,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ 29,436,748,000 1 $ 222,000
FIRST INTERNET BANK OF INDIANA
11201 USA PARKWAY
FISHERS, IN 46037
* $ 1,267,342,000 1 $ 333,000
GEORGIA BANKING COMPANY
6190 POWERS FERRY ROAD, SUITE 150
ATLANTA, GA 30339
* $ 384,114,000 1 $ 50,000
HAMILTON STATE BANK
1907 HWY 211
HOSCHTON, GA 30548
* $ 1,772,211,000 1 $ 90,000
NORTHSIDE BANK
7741 ADAIRSVILEL HIGHWAY
ADAIRSVILLE, GA 30103
* $ 124,699,000 1 $ 113,000
GEORGIA HERITAGE BANK
18 GOERGIA HERITAGE PLACE PO BOX 1430
DALLAS, GA 30132
* $ 74,315,000 1 $ 30,000
ON Q FINANCIAL, INC.
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85251
* $ 10,000,000 1 $ 180,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 137,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 1 $ 139,000
BANC OF CALIFORNIA, NATIONAL ASSOCIATION
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 8,231,396,000 1 $ 200,000
FIRST BANK
118 N. HAMILTON ST.
DALTON, GA 30720
* $ 229,192,000 1 $ 35,000
MORTGAGE SOLUTIONS OF COLORADO, LLC
MORTGAGE SOLUTIONS OF COLORADO
5455 N UNION BLVD, CO 80918
* $ 10,000,000 1 $ 204,000
PROSPECT MORTGAGE, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 220,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 1 $ 99,000
FAMILY SECURITY CREDIT UNION
2204 FAMILY SECURITY PLACE SW
DECATUR, AL 35603
* $ 557,320,000 1 $ 125,000
AMERICA'S FIRST
1200 4TH AVENUE NORTH
BIRMINGHAM, AL 35203
* $ 1,389,469,000 1 $ 60,000
MAGNOLIA BANK
794 OLD ELIZABETHTOWN RD
HODGENVILLE, KY 42748
* $ 180,082,000 1 $ 98,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 369,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 152,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 142,000
LIVE WELL FINANCIAL, INC.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ 176,870,000 1 $ 23,000
CITADEL SERVICING CORPORATION
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ 20,000,000 1 $ 135,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 81,000
REVERSE MORTGAGE SOLUTIONS INC
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 1 $ 108,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 179,000
MMS MORTGAGE SERVICES, LTD.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ 5,598,000 1 $ 216,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 232,000
PRIMARY CAPITAL
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 1 $ 254,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 1 $ 88,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 1 $ 50,000
DELTA COMMUNITY CREDIT UNION
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 4,882,500,000 1 $ 90,000
BANK INDEPENDENT
710 S MONTGOMERY AVE
SHEFFIELD, AL 35660
* $ 1,229,510,000 1 $ 70,000
HONDA FEDERAL CREDIT UNION
1919 TORRANCE BLVD
TORRANCE, CA 90509
* $ 703,543,000 1 $ 20,000

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 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
Refinancing 488 $66,560,000 $136,000 $475,000 $70,000 $2,340,000
Home Purchase 385 $46,713,000 $121,000 $413,000 $60,000 $327,000
Home Improvement 94 $2,673,000 $28,000 $200,000 $61,000 $450,000

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 763 $90,376,000 $118,000 $413,000 $74,000 $2,340,000
Not applicable 96 $12,928,000 $134,000 $412,000 $5,000 $154,000
Not Provided 60 $6,877,000 $114,000 $306,000 $54,000 $254,000
Black or African American 26 $3,103,000 $119,000 $475,000 $50,000 $260,000
Hispanic 11 $1,050,000 $95,000 $216,000 $52,000 $98,000
American Indian or Alaskan Native 10 $1,554,000 $155,000 $291,000 $38,000 $79,000
Native Hawaiin or Other Pacific Islander 1 $58,000 $58,000 $58,000 $24,000 $24,000
Asian 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) 661 $75,619,000 $114,000 $413,000 $77,000 $2,340,000
FHA-insured (Federal Housing Administration) 166 $19,669,000 $118,000 $269,000 $41,000 $230,000
VA-guaranteed (Veterans Administration) 90 $15,151,000 $168,000 $475,000 $40,000 $125,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 50 $5,507,000 $110,000 $222,000 $31,000 $70,000

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 384 $47,576,000 $123,000 $413,000 $73,000 $452,000
Application Denied By Financial Institution 265 $27,127,000 $102,000 $430,000 $68,000 $2,340,000
Loan Purchased By The Institution 127 $17,786,000 $140,000 $412,000 $26,000 $230,000
Application Withdrawn By Applicant 92 $12,937,000 $140,000 $352,000 $60,000 $282,000
File Closed For Incompleteness 58 $6,342,000 $109,000 $475,000 $59,000 $260,000
Application Approved But Not Accepted 41 $4,178,000 $101,000 $342,000 $109,000 $1,800,000
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 34 $2,110,000 $62,000 $249,000 $52,000 $171,000
Collateral 27 $3,662,000 $135,000 $375,000 $93,000 $400,000
Debt-To-Income Ratio 20 $2,798,000 $139,000 $401,000 $50,000 $245,000
Credit Application Incomplete 12 $1,205,000 $100,000 $220,000 $138,000 $450,000
Other 6 $1,011,000 $168,000 $287,000 $64,000 $102,000
Insufficient Cash (Downpayment, Closing Cost) 4 $847,000 $211,000 $327,000 $163,000 $401,000
Unverifiable Information 3 $349,000 $116,000 $185,000 $57,000 $93,000
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