Covington County AL
Mortgage Loan Application
Totals and Details
for 2019

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 1,134
Total Mortgage Loan Application Amount $136,680,000
Average Mortgage Loan Application Amount $120,000
Highest Mortgage Loan Application Amount $885,000
Average Applicant Income $73,000
Highest Applicant Income $1,789,000

Mortgage Company List for Lending in Covington County AL for 2019

* 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
* $ 501,108,000 132 $ 17,180,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 106 $ 14,130,000
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 124,716,588,000 93 $ 8,395,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 68 $ 5,390,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,689,351,000,000 64 $ 5,760,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 51 $ 9,565,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 51 $ 7,155,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 39 $ 2,695,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 21 $ 2,515,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 5,133,339,000 21 $ 1,675,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 20 $ 2,390,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 12,915,178,000 19 $ 2,535,000
CADENCE BANK, N.A.
2100 3RD AVE N
BIRMINGHAM, AL 35203
* $ 12,714,862,000 14 $ 1,920,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 13 $ 2,145,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 13 $ 2,365,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 13 $ 2,315,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 219,071,000,000 13 $ 945,000
1ST FRANKLIN FINANCIAL CORPORATION
135 E. TUGALO ST.
TOCCOA, GA 30577
* $ -1,000 12 $ 230,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 12 $ 2,060,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,015,112,000 10 $ 400,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 10 $ 1,290,000
TROY BANK AND TRUST COMPANY
1000 US-231
TROY, AL 36081
* $ 875,923,000 9 $ 1,285,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 9 $ 1,015,000
ALL IN
238 VIRGINIA AVENUE
DALEVILLE, AL 36322
* $ 1,278,254,000 8 $ 900,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 8 $ 980,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 7 $ 555,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ -1,000 7 $ 1,005,000
FIRST SOUTH FARM CREDIT, ACA
260 TRACE COLONY PARK DR
RIDGELAND, MS 39157
* $ -1,000 7 $ 705,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 7 $ 525,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 7 $ 695,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 3,060,792,000 6 $ 410,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 6 $ 920,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 6 $ 990,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 6 $ 540,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 6 $ 810,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 5 $ 555,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 5 $ 895,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 5 $ 925,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 5 $ 495,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 5 $ 875,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 13,284,058,000 5 $ 475,000
THE CITIZENS BANK
P. O. BOX 310900, 301 SOUTH EDWARDS STREET
ENTERPRISE, AL 36331
* $ 148,400,000 4 $ 510,000
TYNDALL FEDERAL CREDIT UNION
3109 MINNESOTA AVE
PANAMA CITY, FL 32405
* $ 1,619,574,000 4 $ 420,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 4 $ 800,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 3 $ 375,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 3 $ 305,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 3 $ 295,000
LOW VA RATES, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 3 $ 695,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 3 $ 445,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 17,230,779,000 3 $ 195,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 3 $ 415,000
HOMETOWN LENDERS, INC.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 3 $ 235,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 3 $ 485,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 3 $ 615,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 3 $ 365,000
TRIUMPH BANK
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 787,746,000 3 $ 315,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ -1,000 2 $ 210,000
UNITED BANK
PO BOX 8
ATMORE, AL 36504
* $ 637,856,000 2 $ 150,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 2 $ 410,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 144,453,358,000 2 $ 290,000
CONSUMER FIRST MORTGAGE, INC.
511 ENERGY CENTER BLVD, SUITE 702
NORTHPORT, AL 35473
* $ -1,000 2 $ 280,000
MORTGAGE SOLUTIONS OF COLORADO, LLC
MORTGAGE SOLUTIONS OF COLORADO
5455 N UNION BLVD, CO 80918
* $ -1,000 2 $ 210,000
THE SAMSON BANKING COMPANY, INC.
2 WEST MAIN ST
SAMSON, AL 36477
* $ 77,874,000 2 $ 70,000
FIRST CITIZENS BANK
100 WEST 3RD STREET, PO BOX 271
LUVERNE, AL 36049
* $ 243,458,000 2 $ 130,000
INTERLINC MORTGAGE SERVICES, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77064
* $ -1,000 2 $ 570,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 2 $ 210,000
CLEARPATH LENDING
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 2 $ 320,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 2 $ 220,000
ALABAMA CREDIT UNION
220 PAUL W. BRYANT DR. E.
TUSCALOOSA, AL 35401
* $ 876,272,000 2 $ 130,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,500,928,000 2 $ 130,000
PEN AIR FEDERAL CREDIT UNION
1495 EAST NINE MILE ROAD
PENSACOLA, FL 32514
* $ 1,469,058,000 2 $ 80,000
APCO EMPLOYEES
750 17TH STREET NORTH
BIRMINGHAM, AL 35203
* $ 2,863,041,000 2 $ 380,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 2 $ 260,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 2 $ 110,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 500,000
FIRST CHOICE LOAN SERVICES INC.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ -1,000 2 $ 140,000
SUNTRUST BANKS, INC.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 2 $ 300,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 2 $ 230,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 90,056,875,000 2 $ 220,000
PEOPLES BANK
PO BOX 7
MENDENHALL, MS 39114
* $ 297,303,000 1 $ 75,000
LIBERTY BANK
40956 AL HWY 75, PO BOX 187
GERALDINE, AL 35974
* $ 137,866,000 1 $ 35,000
SOUTHPOINT FINANCIAL SERVICES, INC.
5955 SHILOH ROAD EAST, SUITE 200
ALPHARETTA, GA 30005
* $ -1,000 1 $ 125,000
SUCCESS MORTGAGE PARTNERS, INC.
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 1 $ 35,000
FIRST INTERNET BANK OF INDIANA
11201 USA PARKWAY
FISHERS, IN 46037
* $ 3,538,467,000 1 $ 285,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 285,000
CB&S BANK, INC.
200 JACKSON AVE. S.
RUSSELLVILLE, AK 35653
* $ 1,655,537,000 1 $ 745,000
AUBURN UNIVERSITY CREDIT UNION
PO BOX 1610
AUBURN, AL 36832
* $ 178,328,000 1 $ 25,000
FRIEND BANK
220 E LAWRENCE HARRIS HWY
SLOCOMB, AL 36375
* $ 128,317,000 1 $ 75,000
NORTHWEST FEDERAL CREDIT UNION
220 SPRING STREET
HERNDON, VA 20170
* $ 3,412,460,000 1 $ 95,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 65,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 65,000
HNB FIRST BANK
P.O. BOX 157 / 40 MAIN STREET
HEADLAND, AL 36345
* $ 149,451,000 1 $ 455,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 125,000
HOME POINT MORTGAGE ACCEPTANCE CORPORATION
121 RESEARCH BLVD
MADISON, AL 35758
* $ -1,000 1 $ 125,000
FIRST FEDERAL BANK, A FSB
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 124,485,000 1 $ 85,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 1 $ 475,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 18,466,868,000 1 $ 75,000
CSL FINANCIAL, LLC
500 OFFICE PARK DRIVE, SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 1 $ 45,000
REDSTONE FEDERAL CREDIT UNION
220 WYNN DRIVE
HUNTSVILLE, AL 35893
* $ 4,898,596,000 1 $ 45,000
ANDREWS FEDERAL CREDIT UNION
5711 ALLENTOWN ROAD
SUITLAND, MD 20746
* $ 1,761,374,000 1 $ 395,000
FBT MORTGAGE, L.L.C.
6911 WASHINGTON AVE SUITE B
OCEAN SPRINGS, MS 39564
* $ -1,000 1 $ 175,000
ALABAMA STATE EMPLOYEES CREDIT UNION
1000 INTERSTATE PARK DRIVE
MONTGOMERY, AL 36109
* $ 294,473,000 1 $ 35,000
BANK OF LITTLE ROCK MORTGAGE CORPORATION
15909 CANTRELL ROAD
LITTLE ROCK, AR 72223
* $ -1,000 1 $ 145,000
LONGBRIDGE FINANCIAL, LLC
ONE INTERNATIONAL BLVD.
MAHWAH, NJ 07495
* $ -1,000 1 $ 45,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 125,000
ARMED FORCES BANK, NATIONAL ASSOCIATION
1111 MAIN ST SUITE 1600
KANSAS CITY, MO 64105
* $ 1,077,570,000 1 $ 75,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 312,093,000 1 $ 105,000
CAPITAL CITY HOME LOANS, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ -1,000 1 $ 145,000
GREAT SOUTHERN BANK
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 4,679,144,000 1 $ 145,000
UNIVERSITY LENDING GROUP, LLC
42452 HAYES, STE I
CLLINTON TOWNSHIP, MI 48038
* $ -1,000 1 $ 135,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ -1,000 1 $ 65,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,811,622,000 1 $ 125,000
STATE BANK & TRUST COMPANY
147 SOUTH RAILROAD AVENUE
BROOKHAVEN, MS 39601
* $ 1,178,729,000 1 $ 75,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 1 $ 105,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 185,000
STERLING BANK AND TRUST, FSB
ONE TOWNE SQUARE, SUITE 1900
SOUTHFIELD, MI 48076
* $ 3,198,235,000 1 $ 355,000
AXIOM BANK, N.A.
258 SOUTHHALL LN SUITE 400
MAITLAND, FL 32751
* $ 631,518,000 1 $ 55,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 175,000
CIS FINANCIAL SERVICES, INC.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 1 $ 95,000
ALABAMA ONE CREDIT UNION
1215 VETERANS MEMORIAL PARKWAY
TUSCALOOSA, AL 35404
* $ 606,536,000 1 $ 195,000
GMFS LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ -1,000 1 $ 85,000
SERVISFIRST BANK
2500 WOODCREST PLACE
HOMEWOOD, AL 35209
* $ 8,007,143,000 1 $ 175,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 155,000
HOMESTEAD FUNDING CORP.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ -1,000 1 $ 175,000
MLD MORTGAGE INC.
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ -1,000 1 $ 225,000
HAMILTON MORTGAGE CORPORATION
2850 19TH ST S, SUITE 300
BIRMINGHAM, AL 35209
* $ -1,000 1 $ 105,000
SOVEREIGN LENDING GROUP INCORPORATED
3540 HOWARD WAY STE # 200
COSTA MESA, CA 92626
* $ -1,000 1 $ 185,000

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 2019

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 566 $67,410,000 $119,000 $795,000 $70,000 $1,789,000
Refinancing 222 $32,870,000 $148,000 $885,000 $80,000 $342,000
Cash-out Refinancing 201 $27,405,000 $136,000 $525,000 $74,000 $285,000
Home Improvement 65 $3,645,000 $56,000 $235,000 $74,000 $456,000
Other Purpose 59 $3,005,000 $50,000 $165,000 $67,000 $200,000
Not Applicable 21 $2,345,000 $111,000 $285,000 $0 $0

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 884 $106,210,000 $120,000 $795,000 $75,000 $1,789,000
Not Provided 93 $10,755,000 $115,000 $405,000 $68,000 $256,000
Not applicable 68 $10,470,000 $153,000 $885,000 $90,000 $204,000
Black or African American 55 $4,575,000 $83,000 $295,000 $44,000 $175,000
Hispanic 17 $1,805,000 $106,000 $185,000 $61,000 $114,000
American Indian or Alaskan Native 9 $1,625,000 $180,000 $435,000 $84,000 $189,000
Asian 8 $1,240,000 $155,000 $355,000 $108,000 $291,000
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) 754 $85,080,000 $112,000 $885,000 $80,000 $1,789,000
FHA-insured (Federal Housing Administration) 175 $21,915,000 $125,000 $315,000 $58,000 $179,000
VA-guaranteed (Veterans Administration) 144 $23,240,000 $161,000 $435,000 $59,000 $189,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 61 $6,445,000 $105,000 $205,000 $44,000 $75,000

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 568 $73,790,000 $129,000 $885,000 $80,000 $1,789,000
Application Denied By Financial Institution 267 $24,265,000 $90,000 $795,000 $62,000 $327,000
Application Withdrawn By Applicant 121 $17,935,000 $148,000 $755,000 $75,000 $608,000
Loan Purchased By The Institution 75 $9,815,000 $130,000 $475,000 $68,000 $204,000
File Closed For Incompleteness 70 $7,660,000 $109,000 $365,000 $50,000 $196,000
Application Approved But Not Accepted 33 $3,215,000 $97,000 $745,000 $70,000 $540,000
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
Not applicable 744 $94,920,000 $127,000 $755,000 $70,000 $608,000
Debt-To-Income Ratio 181 $22,465,000 $124,000 $885,000 $89,000 $1,789,000
Credit History 108 $7,960,000 $73,000 $355,000 $60,000 $256,000
Collateral 44 $5,700,000 $129,000 $795,000 $85,000 $327,000
Credit Application Incomplete 24 $2,880,000 $120,000 $285,000 $73,000 $187,000
Other 21 $1,885,000 $89,000 $275,000 $63,000 $200,000
Unverifiable Information 9 $535,000 $59,000 $125,000 $62,000 $199,000
Insufficient Cash (Downpayment, Closing Cost) 3 $335,000 $111,000 $145,000 $52,000 $72,000
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