Covington County AL
Mortgage Loan Application
Totals and Details
for 2009

Find mortgage statistics and lending data for the Covington 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 Covington 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 1,511
Total Mortgage Loan Application Amount $162,426,000
Average Mortgage Loan Application Amount $107,000
Highest Mortgage Loan Application Amount $1,476,000
Average Applicant Income $58,000
Highest Applicant Income $779,000

Mortgage Company List for Lending in Covington County AL for 2009

* 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
CCB COMMUNITY BANK
225 E THREE NOTCH STREET
ANDALUSIA, AL 36420
* $ 348,256,000 248 $ 23,238,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 120 $ 11,712,000
REGIONS BANK
1900 5TH AVENUE N - ALBH10903B
BIRMINGHAM, AL 35203
* $ 142,084,005,000 112 $ 10,223,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 635,476,000,000 94 $ 5,795,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 538,958,000,000 84 $ 10,616,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,471,631,047,000 77 $ 10,285,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,746,242,000,000 38 $ 4,820,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 32,882,574,000 34 $ 4,051,000
THE MORTGAGE OUTLET, INC.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 33 $ 3,229,000
SUPERIOR BANK
17 NORTH 20TH STREET
BIRMINGHAM, AL 35203
* $ 3,034,347,000 32 $ 4,088,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 117,978,966,000 31 $ 4,346,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 30 $ 3,982,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,227,040,000,000 28 $ 1,913,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 69,166,325,000 27 $ 4,428,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 147,483,646,000 26 $ 2,543,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 261,775,591,000 26 $ 2,268,000
CITIFINANCIAL CORPORATION
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 23 $ 963,000
PRIMARY CAPITAL
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 22 $ 1,897,000
MORTGAGEAMERICA, INC.
1800 INTERNATIONAL PARK DR, SUITE 100
BIRMINGHAM, AL 35243
* $ 10,000,000 21 $ 2,992,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 21 $ 2,105,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 20 $ 1,979,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 18 $ 2,219,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 14 $ 2,573,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 13 $ 1,749,000
WALKER JACKSON MORTGAGE CORPOR
14501 GEORGE CARTER WAY
CHANTILLY, VA 20151
* $ 292,944,000 12 $ 1,821,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 10 $ 1,270,000
CRESCENT MORTGAGE COMPANY
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 1,140,194,000 10 $ 1,551,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 14,157,838,000 10 $ 1,233,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 7,047,356,000 9 $ 1,337,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 9 $ 1,258,000
ALL IN
238 VIRGINIA AVENUE
DALEVILLE, AL 36322
* $ 716,496,000 8 $ 627,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 9,657,261,000 8 $ 1,714,000
NEW YORK COMMUNITY BANK
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 30,307,736,000 7 $ 1,415,000
ACCEPTANCE LOAN COMPANY
121 WEST CHURCH STREET
JACKSON, AL 36545
* $ 70,000,000 7 $ 118,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,677,931,000 7 $ 363,000
GMFS, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ 10,000,000 7 $ 1,139,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 32,584,979,000 6 $ 793,000
QR LENDING INC
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 6 $ 575,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 36,351,625,000 6 $ 599,000
FIRST FEDERAL
2440 MALL DR SUITE 100
NORTH CHARLESTON, SC 29406
* $ 3,009,111,000 5 $ 328,000
BANKTRUST
107 ST FRANCIS STREET
MOBILE, AL 36602
* $ 2,088,839,000 5 $ 23,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 10,273,647,000 5 $ 603,000
RBC BANK
131 NORTH CHURCH STREET
ROCKY MOUNT, NC 27804
* $ 30,436,225,000 5 $ 597,000
HAMILTON MORTGAGE
1 INDEPENDENCE PLAZA, SUITE 416
BIRMINGHAM, AL 35209
* $ 10,000,000 5 $ 721,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 4 $ 559,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 4 $ 740,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 4 $ 805,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 69,459,606,000 4 $ 367,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 140,777,455,000 4 $ 561,000
THE SAMSON BANKING COMPANY, INC.
2 WEST MAIN ST
SAMSON, AL 36477
* $ 50,269,000 4 $ 255,000
FIDELITY BANK
100 E ENGLISH
WICHITA, KS 67202
* $ 1,853,520,000 4 $ 266,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 4 $ 340,000
SYNOVUS MORTGAGE CORPORATION
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 473,030,000 3 $ 454,000
EVERHOME MORTGAGE COMPANY
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 3 $ 491,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 115,142,306,000 3 $ 28,000
GMS FUNDING, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 3 $ 228,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 3 $ 333,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 3 $ 429,000
SECURITY ATLANTIC WHOLESALE
499 THORNALL ST, SUITE 220
EDISON, NJ 08837
* $ 10,000,000 3 $ 709,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 2 $ 334,000
ANCHOR MORTGAGE SERVICES, INC.
4260 CARMICHAEL COURT NORTH
MONTGOMERY, AL 36106
* $ 10,000,000 2 $ 504,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 2 $ 309,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 2 $ 328,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 2 $ 157,000
VANDERBILT MORTGAGE
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 2 $ 62,000
TMG REAL ESTATE & FINANCIAL
310 W. LIBERTY ST. STE 100
LOUISVILLE, KY 40202
* $ 292,000 2 $ 276,000
LEVERAGE FINANCIAL LLC
1213 N. FRANKLIN ST.
TAMPA, FL 33602
* $ 1,146,000 2 $ 288,000
DITECH MORTGAGE CORP
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 2 $ 251,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 2 $ 95,000
HOMELAND LENDING INC
2612 N ADAMS ST
PLANT CITY, FL 33563
* $ 10,000,000 2 $ 173,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 2 $ 108,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 279,777,049,000 2 $ 187,000
ROSE LAND AND FINANCE CORP.
241 EAST SAGINAW PO BOX 980
EAST LANSING, MI 48826
* $ 516,861,000 2 $ 38,000
UNITED BANK
PO BOX 8
ATMORE, AL 36504
* $ 549,125,000 2 $ 120,000
BBVA USA
15 SOUTH 20TH STREET
BIRMINGHAM, AL 35233
* $ 62,251,283,000 2 $ 166,000
FINANCIAL FREEDOM ACQUISITION
1 BANTING
IRVINE, CA 92618
* $ 36,000,000,000 2 $ 66,000
OKALOOSA COUNTY TEACHERS FCU
1126 N FERDON BLVD
CRESTVIEW, FL 32536
* $ 56,521,000 2 $ 125,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 14,649,039,000 2 $ 77,000
GUARANTY TRUST COMPANY
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 2 $ 313,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 3,710,374,000 2 $ 328,000
COASTAL BK AND TST OF FLORIDA
PO BOX 12966
PENSACOLA, FL 32591
* $ 1,861,879,000 2 $ 6,000
PEOPLESSOUTH BANK
203 W CRAWFORD ST
COLQUITT, GA 39837
* $ 514,717,000 1 $ 17,000
COMMUNITY BK & TRUST OF SE AL
PO BOX 311245
ENTERPRISE, AL 36330
* $ 522,272,000 1 $ 49,000
BANCORPSOUTH BANK
P O BOX 789
TUPELO, MS 38802
* $ 13,488,870,000 1 $ 69,000
TRINITY BANK
PO BOX 1009
DOTHAN, AL 36302
* $ 63,473,000 1 $ 98,000
AFFILIATED MORTGAGE COMPANY
1301 HUDSON LANE
MONROE, LA 71201
* $ 212,423,000 1 $ 145,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,669,297,000 1 $ 67,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 3,311,463,000 1 $ 59,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 82,416,721,000 1 $ 122,000
WORTHINGTON FEDERAL BANK
3301 MEMORIAL PARKWAY SW
HUNTSVILLE, AL 35801
* $ 119,667,000 1 $ 124,000
GATEWAY BANK, FSB
2336 MERCED STREET
SAN LEANDRO, CA 94577
* $ 479,176,000 1 $ 56,000
WOODFOREST BANK, FSB
25231 GROGANS MILL ROAD
THE WOODLANDS, TX 77380
* $ 64,996,000 1 $ 40,000
MORGAN STANLEY CREDIT CORP
75 N. FAIRWAY DR.
VERNON HILLS, IL 60061
* $ 36,000,000 1 $ 93,000
PENTAGON FEDERAL CREDIT UNION
14300 SULLYFIELD CIRCLE
CHANTILLY, VA 20151
* $ 12,942,945,000 1 $ 88,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,098,787,000 1 $ 116,000
WINTRUST MORTGAGE CORPORATION
660 MIDWEST RD SUITE 100
OAK BROOK TERRACE, IL 60181
* $ 300,000,000 1 $ 54,000
PILOT BANK
12471 W. LINEBAUGH AVE
TAMPA, FL 33626
* $ 252,466,000 1 $ 32,000
COMMUNITY TRUST BANK, INC.
346 NORTH MAYO TRAIL
PIKEVILLE, KY 41502
* $ 2,942,745,000 1 $ 45,000
BANK INDEPENDENT
710 S MONTGOMERY AVE
SHEFFIELD, AL 35660
* $ 897,132,000 1 $ 228,000
DISCOVER BANK
502 EAST MARKET STREET
GREENWOOD, DE 19950
* $ 36,276,270,000 1 $ 25,000
VISION BANK
16901 PANAMA CITY BEACH PARKWAY
PANAMA CITY BEACH, FL 32413
* $ 923,297,000 1 $ 101,000
STATE BANK & TRUST COMPANY
147 SOUTH RAILROAD AVENUE
BROOKHAVEN, MS 39601
* $ 938,552,000 1 $ 9,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 1 $ 98,000
FIRST NNATIONAL BANK OF CRESTV
1301 INDUSTRIAL DRIVE / P.O. BOX 1119
CRESTVIEW, FL 32539
* $ 152,168,000 1 $ 3,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 4,858,594,000 1 $ 187,000
NATIONAL BANK OF KANSAS CITY
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 823,318,000 1 $ 191,000
HSBC BANK USA, NA
1 HSBC CENTER - 24TH FLOOR
BUFFALO, NY 14203
* $ 181,604,079,000 1 $ 146,000
UBS AG, TAMPA BRANCH
3000 BAYPORT
TAMPA, FL 33607
* $ 2,019,127,000 1 $ 82,000
STERLING NATIONAL MORTGAGE CO.
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 1 $ 222,000
GUARANTEED HOME MORTGAGE COMPA
108 CORPORATE PARK DRIVE - SUITE 301
WHITE PLAINS, NY 10604
* $ 10,000,000 1 $ 238,000
GULF WINDS CREDIT UNION
220 E NINE MILE ROAD
PENSACOLA, FL 32534
* $ 309,079,000 1 $ 45,000
GUARDIAN CREDIT UNION
616 MADISON AVENUE
MONTGOMERY, AL 36131
* $ 128,922,000 1 $ 124,000
MAX CREDIT UNION
400 EASTDALE CIRCLE
MONTGOMERY, AL 36117
* $ 737,112,000 1 $ 112,000
AVELO MORTGAGE, L.L.C
250 EAST JOHN CARPENTER FREEWAY
IRVING, TX 75062
* $ 10,000,000 1 $ 94,000
BEACH COMMUNITY MORTGAGE SERVI
11 RACETRACK ROAD, BUILD A
FORT WALTON BEACH, FL 32547
* $ 334,537,000 1 $ 148,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 184,000
WR STARKEY MORTGAGE LLP
6101 WEST PLANO PARKWAY
PLANO, TX 75093
* $ 10,000,000 1 $ 133,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 221,000
ACOPIA, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 1 $ 141,000
NFM, INC.
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ 8,226,000 1 $ 225,000
LSI MORTGAGE PLUS
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 199,000
SIRVA MORTGAGE, INC.
6200 OAK TREE BLVD STE 300
INDEPENDENCE, OH 44131
* $ 101,315,000 1 $ 91,000
NETWORK FUNDING, L.P.
9700 RICHMOND, SUITE 320
HOUSTON, TX 77042
* $ 43,942,000 1 $ 168,000
CASTLE MORTGAGE CORPORATION
701 MONTGOMERY HWY SOUTH SUITE 203
VESTAVIA HILLS, AL 35216
* $ 10,000,000 1 $ 182,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 89,000
ALLIED MORTGAGE GROUP, INC.
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ 10,000,000 1 $ 56,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 153,000
HOMEPLUS FINANCE CORPORATION
2143 S. SEPULVEDA BLVD
LOS ANGELES, CA 90025
* $ 40,000,000 1 $ 10,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 184,000
ALLIED HOME MORTGAGE CORP.
6110 PINEMONT DR., STE. 220
HOUSTON, TX 77092
* $ 10,000,000 1 $ 39,000

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 Covington County AL in 2009

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 1,035 $122,453,000 $118,000 $1,476,000 $58,000 $779,000
Home Purchase 368 $34,828,000 $94,000 $299,000 $58,000 $520,000
Home Improvement 108 $5,145,000 $47,000 $365,000 $51,000 $334,000

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 1,173 $127,419,000 $108,000 $1,476,000 $61,000 $518,000
Not Provided 132 $15,566,000 $117,000 $417,000 $54,000 $312,000
Not applicable 104 $11,775,000 $113,000 $935,000 $43,000 $779,000
Black or African American 75 $4,627,000 $61,000 $284,000 $41,000 $254,000
Hispanic 16 $1,901,000 $118,000 $324,000 $46,000 $81,000
American Indian or Alaskan Native 7 $706,000 $100,000 $140,000 $29,000 $47,000
Asian 4 $432,000 $108,000 $242,000 $62,000 $113,000
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) 1,026 $106,351,000 $103,000 $1,476,000 $64,000 $779,000
FHA-insured (Federal Housing Administration) 383 $45,233,000 $118,000 $276,000 $49,000 $302,000
VA-guaranteed (Veterans Administration) 59 $7,522,000 $127,000 $391,000 $33,000 $93,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 43 $3,320,000 $77,000 $190,000 $27,000 $73,000

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 678 $75,283,000 $111,000 $1,476,000 $66,000 $779,000
Application Denied By Financial Institution 338 $29,406,000 $87,000 $398,000 $46,000 $254,000
Loan Purchased By The Institution 208 $25,267,000 $121,000 $365,000 $48,000 $312,000
Application Withdrawn By Applicant 173 $20,243,000 $117,000 $394,000 $62,000 $324,000
File Closed For Incompleteness 61 $7,959,000 $130,000 $320,000 $52,000 $518,000
Application Approved But Not Accepted 53 $4,268,000 $80,000 $265,000 $54,000 $145,000
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 86 $4,642,000 $53,000 $193,000 $45,000 $168,000
Collateral 56 $6,006,000 $107,000 $383,000 $59,000 $196,000
Debt-To-Income Ratio 32 $3,049,000 $95,000 $397,000 $43,000 $129,000
Other 14 $1,467,000 $104,000 $310,000 $61,000 $213,000
Credit Application Incomplete 4 $330,000 $82,000 $124,000 $38,000 $54,000
Unverifiable Information 2 $335,000 $167,000 $231,000 $107,000 $126,000
Insufficient Cash (Downpayment, Closing Cost) 2 $325,000 $162,000 $206,000 $23,000 $46,000
Employment History 1 $126,000 $126,000 $126,000 $36,000 $36,000
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