Daphne-Fairhope-Foley, AL Metro Area Mortgage Lenders & HMDA Data, 2016
In 2016, lenders reported 14,935 mortgage applications in Daphne-Fairhope-Foley, AL metro area totaling $3.0 billion, up 13% from 2015. The average application was for $198,397, and applicants reported an average income of $90,000. 52% of applications resulted in an originated loan and 18% were denied. The most active lender was Regions Bank, with 941 applications, followed by Wells Fargo Bank NA and loanDepot.com LLC.
Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics
for all lenders based in Alabama.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed
about local mortgage trends and lending activity.
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 |
| Total Number of Mortgage Applications | 14,935 |
| Total Mortgage Loan Application Amount | $2,963,068,000 |
| Average Mortgage Loan Application Amount | $198,397 |
| Highest Mortgage Loan Application Amount | $21,000,000 |
| Average Applicant Income | $90,000 |
| Highest Applicant Income | $9,999,000 |
Top Mortgage Lenders in Daphne-Fairhope-Foley, AL Metro Area (2016)
Ranked by the number of mortgage applications each lender reported in Daphne-Fairhope-Foley, AL metro area in 2016.
| # | Mortgage Lender | Mortgage Applications | Total Dollar Amount | Average Loan Amount | Average Applicant Income |
|---|---|---|---|---|---|
| 1 | Regions Bank Birmingham, AL |
941 | $153,800,000 | $163,000 | $108,000 |
| 2 | Wells Fargo Bank NA Minneapolis, MN |
866 | $157,884,000 | $182,000 | $92,000 |
| 3 | loanDepot.com LLC Irvine, CA |
726 | $132,546,000 | $182,000 | $77,000 |
| 4 | Home Point Mortgage Acceptance Corporation Madison, AL |
621 | $114,309,000 | $184,000 | $87,000 |
| 5 | DHI Mortgage Company, Ltd. Austin, TX |
539 | $97,082,000 | $180,000 | $78,000 |
| 6 | Trustmark Bank Jackson, MS |
489 | $113,247,000 | $231,000 | $60,000 |
| 7 | Everett Financial, Inc. Dallas, TX |
446 | $96,183,000 | $215,000 | $142,000 |
| 8 | National Bank of Commerce Birmingham, AL |
416 | $103,152,000 | $247,000 | $158,000 |
| 9 | Freedom Mortgage Corporation Fishers, IN |
322 | $58,141,000 | $180,000 | $10,000 |
| 10 | United Bank Atmore, AL |
297 | $30,985,000 | $104,000 | $63,000 |
See every lender active in Daphne-Fairhope-Foley, AL metro area in 2016 »
The tables below break down 2016 mortgage applications in Daphne-Fairhope-Foley, AL metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
Mortgage Loan Application Detail Totals for Daphne-Fairhope-Foley, 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 7,875 | $1,628,728,000 | $206,000 | $21,000,000 | $91,000 | $4,696,000 |
| Refinancing | 6,308 | $1,285,480,000 | $203,000 | $12,600,000 | $89,000 | $9,999,000 |
| Home Improvement | 752 | $48,860,000 | $64,000 | $1,500,000 | $82,000 | $1,399,000 |
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 | 11,098 | $2,123,621,000 | $191,000 | $2,000,000 | $103,000 | $9,999,000 |
| Not applicable | 1,726 | $463,555,000 | $268,000 | $21,000,000 | $10,000 | $835,000 |
| Not Provided | 1,095 | $214,044,000 | $195,000 | $1,940,000 | $102,000 | $1,908,000 |
| Black or African American | 530 | $76,375,000 | $144,000 | $664,000 | $57,000 | $704,000 |
| Hispanic | 235 | $36,604,000 | $155,000 | $965,000 | $73,000 | $802,000 |
| American Indian or Alaskan Native | 121 | $21,375,000 | $176,000 | $614,000 | $67,000 | $382,000 |
| Asian | 108 | $22,270,000 | $206,000 | $584,000 | $137,000 | $942,000 |
| Native Hawaiin or Other Pacific Islander | 22 | $5,224,000 | $237,000 | $813,000 | $123,000 | $1,163,000 |
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) | 10,289 | $2,127,106,000 | $206,000 | $21,000,000 | $109,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) | 2,278 | $367,074,000 | $161,000 | $613,000 | $45,000 | $768,000 |
| VA-guaranteed (Veterans Administration) | 1,868 | $394,394,000 | $211,000 | $965,000 | $51,000 | $403,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 500 | $74,494,000 | $148,000 | $328,000 | $37,000 | $118,000 |
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 | 7,702 | $1,615,361,000 | $209,000 | $21,000,000 | $107,000 | $9,444,000 |
| Application Denied By Financial Institution | 2,616 | $426,361,000 | $162,000 | $1,250,000 | $76,000 | $1,205,000 |
| Loan Purchased By The Institution | 1,948 | $411,784,000 | $211,000 | $1,000,000 | $30,000 | $1,443,000 |
| Application Withdrawn By Applicant | 1,540 | $303,937,000 | $197,000 | $2,000,000 | $106,000 | $9,999,000 |
| File Closed For Incompleteness | 662 | $117,942,000 | $178,000 | $1,500,000 | $85,000 | $2,244,000 |
| Application Approved But Not Accepted | 467 | $87,683,000 | $187,000 | $1,940,000 | $92,000 | $1,227,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 328 | $57,603,000 | $175,000 | $1,239,000 | $54,000 | $377,000 |
| Credit History | 269 | $33,350,000 | $123,000 | $850,000 | $90,000 | $966,000 |
| Collateral | 227 | $43,920,000 | $193,000 | $800,000 | $107,000 | $668,000 |
| Credit Application Incomplete | 176 | $32,484,000 | $184,000 | $650,000 | $99,000 | $720,000 |
| Other | 107 | $19,427,000 | $181,000 | $1,200,000 | $87,000 | $638,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 43 | $9,086,000 | $211,000 | $744,000 | $91,000 | $509,000 |
| Unverifiable Information | 23 | $4,468,000 | $194,000 | $840,000 | $87,000 | $458,000 |
| Employment History | 19 | $2,892,000 | $152,000 | $417,000 | $68,000 | $469,000 |
| Mortgage Insurance Denied | 1 | $181,000 | $181,000 | $181,000 | $26,000 | $26,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About