Dallas County AL
Mortgage Loan Application
Totals and Details
for 2020

Find mortgage statistics and lending data for the Dallas 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 Dallas 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 998
Total Mortgage Loan Application Amount $115,440,000
Average Mortgage Loan Application Amount $115,000
Highest Mortgage Loan Application Amount $505,000
Average Applicant Income $70,000
Highest Applicant Income $1,258,000

Mortgage Company List for Lending in Dallas County AL for 2020

* 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
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 111 $ 7,365,000
TRUSTMARK NATIONAL BANK
PO BOX 291
JACKSON, MS 39205
* $ 13,495,944,000 96 $ 13,040,000
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,641,000,000 70 $ 4,650,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 67 $ 4,615,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 41 $ 6,645,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,712,919,000,000 40 $ 4,200,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 21 $ 3,415,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 18 $ 2,950,000
HAMILTON MORTGAGE CORPORATION
2850 19TH ST S, SUITE 300
BIRMINGHAM, AL 35209
* $ -1,000 18 $ 2,700,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 18 $ 2,450,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 6,120,102,000 17 $ 1,135,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 17 $ 1,755,000
DATA MORTGAGE, INC.
2200 W. ORANGEWOOD AVE SUITE 150
ORANGE, CA 92868
* $ -1,000 15 $ 985,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 15 $ 1,865,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 13 $ 2,385,000
GMFS LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ -1,000 12 $ 2,210,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 12 $ 1,720,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 12 $ 870,000
MUTUAL SAVINGS CREDIT UNION
2040 VALLEYDALE ROAD
BIRMINGHAM, AL 35244
* $ 173,443,000 12 $ 950,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 11 $ 1,365,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 10 $ 1,460,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 10 $ 680,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 9 $ 1,435,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 9 $ 1,045,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 9 $ 1,235,000
LIBERTY MORTGAGE CORPORATION
200 WILLIAMSBURG OFFICE PARK
BIRMINGHAM, AL 35216
* $ -1,000 8 $ 2,140,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 8 $ 1,060,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 8 $ 570,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 8 $ 1,490,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 8 $ 1,740,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 7 $ 915,000
INTERLINC MORTGAGE SERVICES, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77064
* $ -1,000 7 $ 1,115,000
MAX CREDIT UNION
400 EASTDALE CIRCLE
MONTGOMERY, AL 36117
* $ 1,460,586,000 6 $ 550,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 6 $ 580,000
ALABAMA STATE EMPLOYEES CREDIT UNION
1000 INTERSTATE PARK DRIVE
MONTGOMERY, AL 36109
* $ 323,920,000 6 $ 280,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 6 $ 710,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 6 $ 840,000
CALCON MUTUAL MORTGAGE LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 5 $ 505,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 5 $ 835,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 4 $ 320,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 4 $ 580,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 112,384,202,000 4 $ 370,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ -1,000 4 $ 600,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 4 $ 510,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 13,387,533,000 4 $ 690,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 3 $ 375,000
HOPE FEDERAL CREDIT UNION
4 OLD RIVER PLACE
JACKSON, MS 39202
* $ 307,051,000 3 $ 425,000
SYNOVUS BANK
PO BOX 120
COLUMBUS, GA 31902
* $ 48,103,435,000 3 $ 415,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 3 $ 305,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 65,000
CONSUMER FIRST MORTGAGE, INC.
511 ENERGY CENTER BLVD, SUITE 702
NORTHPORT, AL 35473
* $ -1,000 3 $ 475,000
GSF MORTGAGE CORPORATION
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ -1,000 3 $ 495,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 3 $ 285,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 3 $ 255,000
CADENCE BANK, N.A.
2100 3RD AVE N
BIRMINGHAM, AL 35203
* $ 17,778,013,000 3 $ 375,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ -1,000 3 $ 265,000
GUARDIAN CREDIT UNION
616 MADISON AVENUE
MONTGOMERY, AL 36131
* $ 574,065,000 3 $ 255,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 3 $ 465,000
TEMPLE VIEW CAPITAL FUNDING, LP
7550 WISCONSIN AVE STE 1000
BETHESDA, MD 20814
* $ -1,000 2 $ 280,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 2 $ 170,000
PARAGON BANK
5400 POPLAR AVE 220
MEMPHIS, TN 38119
* $ 404,214,000 2 $ 530,000
ASSURANCE FINANCIAL GROUP, L.L.C.
9029 JEFFERSON HIGHWAY SUITE 100
BATON ROUGE, LA 70809
* $ -1,000 2 $ 690,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 2 $ 160,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 2 $ 310,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ -1,000 2 $ 410,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 220,000
CERTAINTY HOME LOANS, LLC
6101 WEST PLANO PARKWAY
PLANO, TX 75093
* $ -1,000 2 $ 210,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 2 $ 320,000
HOMETOWN LENDERS, INC.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 2 $ 250,000
SOUTHPOINT BANK
3501 GRANDVIEW PARKWAY
BIRMINGHAM, AL 35243
* $ 410,115,000 2 $ 430,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 2 $ 160,000
ALABAMA CREDIT UNION
220 PAUL W. BRYANT DR. E.
TUSCALOOSA, AL 35401
* $ 939,531,000 2 $ 140,000
TYNDALL FEDERAL CREDIT UNION
3109 MINNESOTA AVE
PANAMA CITY, FL 32405
* $ 1,634,283,000 1 $ 35,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 1 $ 155,000
JEFFERSON FINANCIAL
7701 AIRLINE DR
METAIRIE, LA 70003
* $ 882,183,000 1 $ 145,000
GUARANTY HOME MORTGAGE CORPORATION
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 155,000
DIRECT MORTGAGE, CORP.
6955 SOUTH UNION PARK CENTER, #540
MIDVALE, UT 84047
* $ -1,000 1 $ 185,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 24,774,361,000 1 $ 55,000
CITADEL SERVICING CORPORATION
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ -1,000 1 $ 245,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 185,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 187,526,000 1 $ 295,000
COCA-COLA
ONE COCA-COLA PLAZA NW
ATLANTA, GA 30313
* $ 186,384,000 1 $ 285,000
FIRST CHOICE LOAN SERVICES INC.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ -1,000 1 $ 45,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 1 $ 85,000
FIRST SOUTH FARM CREDIT, ACA
260 TRACE COLONY PARK DR
RIDGELAND, MS 39157
* $ -1,000 1 $ 295,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 92,657,948,000 1 $ 95,000
VISIO FINANCIAL SERVICES INC.
1905 KRAMER LN B700
AUSTIN, TX 78758
* $ -1,000 1 $ 55,000
APCO EMPLOYEES
750 17TH STREET NORTH
BIRMINGHAM, AL 35203
* $ 3,006,802,000 1 $ 155,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 1 $ 155,000
LENDINGONE, LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 5,000
MORTGAGE SOLUTIONS OF COLORADO, LLC
MORTGAGE SOLUTIONS OF COLORADO
5455 N UNION BLVD, CO 80918
* $ -1,000 1 $ 125,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 135,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 23,234,514,000 1 $ 175,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 119,432,105,000 1 $ 95,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 1 $ 85,000
SOUTHSTATE BANK, NATIONAL ASSOCIATION
1101 1ST STREET SOUTH
WINTER HAVEN, FL 33880
* $ 17,136,249,000 1 $ 135,000
SECURED INVESTMENT CORP.
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 1 $ 115,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 1 $ 245,000
COMMUNITY BANK OF MISSISSIPPI
323 EAST THIRD STREET
FOREST, MS 39074
* $ 3,259,650,000 1 $ 75,000
REDSTONE FEDERAL CREDIT UNION
220 WYNN DRIVE
HUNTSVILLE, AL 35893
* $ 5,454,143,000 1 $ 125,000
NATIONS DIRECT MORTGAGE, LLC
5 HUTTON CENTRE DRIVE, SUITE 200
SANTA ANA, CA 92707
* $ -1,000 1 $ 125,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 1 $ 85,000
IBERIABANK
285 WEST ESPLANADE AVENUE, 2ND FLOOR
KENNER, LA 70065
* $ 31,614,914,000 1 $ 45,000
AMERICA'S FIRST
1200 4TH AVENUE NORTH
BIRMINGHAM, AL 35203
* $ 1,682,540,000 1 $ 45,000
1ST FRANKLIN FINANCIAL CORPORATION
135 E. TUGALO ST.
TOCCOA, GA 30577
* $ -1,000 1 $ 15,000
FIFTH THIRD BANK, NATIONAL ASSOCIATION
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 167,845,100,000 1 $ 165,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 1 $ 95,000
LONGBRIDGE FINANCIAL, LLC
ONE INTERNATIONAL BLVD.
MAHWAH, NJ 07495
* $ -1,000 1 $ 155,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 1 $ 165,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 105,000
TJC MORTGAGE, INC.
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ -1,000 1 $ 245,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 75,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,453,998,000,000 1 $ 95,000
IMPAC MORTGAGE CORP.
19500 JAMBOREE RD
IRVINE, CA 92612
* $ -1,000 1 $ 75,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ -1,000 1 $ 285,000
ASCEND FEDERAL CREDIT UNION
520 AIRPARK DRIVE
TULLAHOMA, TN 37388
* $ 2,657,488,000 1 $ 35,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 105,000
AMERICAN MORTGAGE SERVICE COMPANY
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ -1,000 1 $ 95,000
MID-CONTINENT FUNDING, INC.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 1 $ 125,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 185,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 1 $ 25,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 1 $ 15,000
RELIANT BANK
1736 CAROTHERS PARKWAY
BRENTWOOD, TN 37027
* $ 1,897,550,000 1 $ 55,000
LOW VA RATES, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 75,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 255,000
MAGNOLIA BANK
794 OLD ELIZABETHTOWN RD
HODGENVILLE, KY 42748
* $ 313,272,000 1 $ 165,000

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 Dallas County AL in 2020

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 491 $51,825,000 $105,000 $505,000 $56,000 $380,000
Refinancing 323 $45,735,000 $141,000 $405,000 $95,000 $1,258,000
Cash-out Refinancing 86 $11,300,000 $131,000 $435,000 $75,000 $352,000
Other Purpose 41 $2,755,000 $67,000 $285,000 $79,000 $378,000
Home Improvement 34 $1,720,000 $50,000 $245,000 $73,000 $194,000
Not Applicable 23 $2,105,000 $91,000 $185,000 $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
Black or African American 443 $41,055,000 $92,000 $325,000 $53,000 $378,000
White 360 $49,640,000 $137,000 $505,000 $92,000 $1,258,000
Not Provided 103 $12,805,000 $124,000 $305,000 $60,000 $200,000
Not applicable 72 $9,390,000 $130,000 $505,000 $42,000 $55,000
Asian 10 $1,770,000 $177,000 $385,000 $124,000 $240,000
Hispanic 7 $675,000 $96,000 $295,000 $48,000 $93,000
American Indian or Alaskan Native 3 $105,000 $35,000 $75,000 $18,000 $33,000
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) 679 $72,975,000 $107,000 $505,000 $75,000 $1,258,000
FHA-insured (Federal Housing Administration) 175 $21,085,000 $120,000 $275,000 $53,000 $188,000
VA-guaranteed (Veterans Administration) 102 $16,540,000 $162,000 $405,000 $68,000 $378,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 42 $4,840,000 $115,000 $205,000 $42,000 $78,000

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 430 $56,980,000 $132,000 $505,000 $80,000 $1,258,000
Application Denied By Financial Institution 281 $23,055,000 $82,000 $305,000 $55,000 $415,000
Application Withdrawn By Applicant 95 $13,225,000 $139,000 $375,000 $83,000 $416,000
File Closed For Incompleteness 78 $7,590,000 $97,000 $285,000 $56,000 $154,000
Loan Purchased By The Institution 77 $11,185,000 $145,000 $505,000 $110,000 $250,000
Application Approved But Not Accepted 35 $3,265,000 $93,000 $245,000 $55,000 $239,000
Preapproval Denied by Financial Institution 2 $140,000 $70,000 $85,000 $48,000 $56,000
Preapproval Approved but not Accepted 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 695 $88,655,000 $127,000 $505,000 $75,000 $1,258,000
Credit History 148 $10,510,000 $71,000 $305,000 $53,000 $378,000
Debt-To-Income Ratio 75 $8,545,000 $113,000 $385,000 $72,000 $360,000
Collateral 22 $2,320,000 $105,000 $255,000 $88,000 $415,000
Other 20 $1,970,000 $98,000 $265,000 $70,000 $232,000
Credit Application Incomplete 14 $1,330,000 $95,000 $175,000 $50,000 $93,000
Unverifiable Information 13 $1,125,000 $86,000 $245,000 $45,000 $111,000
Employment History 7 $595,000 $85,000 $115,000 $28,000 $63,000
Insufficient Cash (Downpayment, Closing Cost) 4 $390,000 $97,000 $225,000 $55,000 $109,000
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