Franklin County, AL Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 1,098 mortgage applications in Franklin County, AL totaling $95.5 million, up 1% from 2010. The average application was for $87,000, and applicants reported an average income of $56,000. 53% of applications resulted in an originated loan and 17% were denied. The most active lender was Cb&S Bank, with 134 applications, followed by First Metro Bank and Wells Fargo Bank NA.

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Total Number of Mortgage Applications 1,098
Total Mortgage Loan Application Amount $95,547,000
Average Mortgage Loan Application Amount $87,000
Highest Mortgage Loan Application Amount $940,000
Average Applicant Income $56,000
Highest Applicant Income $650,000

Mortgage Company List for Lending in Franklin County, AL for 2011

* 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
Cb&S Bank
200 JACKSON AVE. S.
RUSSELLVILLE, AL 35653
* $ 1,230,855,000 134 $ 6,644,000
First Metro Bank
406 W AVALON AVE
MUSCLE SHOALS, AL 35661
* $ 424,447,000 92 $ 4,970,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 91 $ 9,401,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 59 $ 4,714,000
Valley State Bank
15565 HWY 43
RUSSELLVILLE, AL 35653
* $ 108,723,000 49 $ 2,507,000
Listerhill Credit Union
P O BOX 566
SHEFFIELD, AL 35660
* $ 497,557,000 49 $ 3,116,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 47 $ 5,411,000
Bank Independent
710 S MONTGOMERY AVE
SHEFFIELD, AL 35660
* $ 988,910,000 45 $ 3,825,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 40 $ 4,939,000
First Federal Bank
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 175,796,000 37 $ 2,954,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 34 $ 3,185,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 33 $ 1,355,000
American Bank of Huntsville
3301 MEMORIAL PKWY SW
HUNTSVILLE, AL 35801
* $ 172,971,000 32 $ 3,631,000
Traders & Farmers Bank
PO BOX 550
HALEYVILLE, AL 35565
* $ 356,070,000 24 $ 1,828,000
Evabank
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 376,850,000 18 $ 790,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 18 $ 1,076,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 13 $ 1,759,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 13 $ 1,375,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 4,291,724,000 12 $ 1,370,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 10 $ 1,236,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 126,719,736,000 10 $ 970,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 10 $ 1,143,000
The Mortgage Outlet, Inc.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 9 $ 767,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 8 $ 1,188,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 8 $ 1,226,000
Onemain Financial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 8 $ 397,000
Tva Community Credit Union
TVA RESERVATION
MUSCLE SHOALS, AL 35661
* $ 238,564,000 8 $ 648,000
Home Point Mortgage Acceptance Corporation
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 7 $ 1,082,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 7 $ 658,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 7 $ 929,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 7 $ 782,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 5 $ 775,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 5 $ 700,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 4 $ 570,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 4 $ 713,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 62,638,180,000 4 $ 471,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 4 $ 344,000
Acopia, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ 100,000,000 4 $ 661,000
Mortgageamerica, Inc.
1800 INTERNATIONAL PARK DR, SUITE 100
BIRMINGHAM, AL 35243
* $ 10,000,000 4 $ 381,000
Peoplestrust Bank
P.O. BOX 189
HAMILTON, AL 35570
* $ 70,934,000 3 $ 1,040,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 3 $ 360,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 3 $ 308,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 3 $ 449,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 3 $ 234,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 165,800,581,000 3 $ 76,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 3 $ 141,000
First National Bank
341 MILITARY STREET SOUTH
HAMILTON, AL 35570
* $ 271,999,000 3 $ 131,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 3 $ 202,000
Citifinancial Corporation,Llc
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 3 $ 114,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 2 $ 217,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 2 $ 398,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 2 $ 40,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 2 $ 346,000
Gms Funding, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 2 $ 237,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 2 $ 329,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 256,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 10,000,000 2 $ 251,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 2 $ 239,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 2 $ 312,000
Residential Finance Corp.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 2 $ 177,000
Everett Financial Inc.
14801 QUORUM DR SUITE 300
DALLAS, TX 75254
* $ 3,642,000 2 $ 380,000
Merchants and Farmers Bank
134 WEST WASHINGTON ST
KOSCIUSKO, MS 39090
* $ 1,599,283,000 2 $ 206,000
Valley Credit Union
P O BOX 388
TUSCUMBIA, AL 35674
* $ 58,809,000 2 $ 132,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 2 $ 125,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 1 $ 60,000
First Star Bank, S.S.B.
109 S COMMERCE / PO BOX 7
BREMOND, TX 76629
* $ 193,110,000 1 $ 70,000
Bryant Bank
1550 MCFARLAND BLVD N
TUSCALOOSA, AL 35406
* $ 904,886,000 1 $ 514,000
Bankers Mortgage Center, Inc.
909 NORTH 18TH STREET STE 110
MONROE, LA 71201
* $ 10,000,000 1 $ 109,000
Tower Federal Credit Union
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ 2,240,280,000 1 $ 150,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,919,054,000 1 $ 25,000
Family Security Credit Union
2204 FAMILY SECURITY PLACE SW
DECATUR, AL 35603
* $ 426,954,000 1 $ 56,000
Champion Community Credit Unio
16601 COUNTY ROAD 150
COURTLAND, AL 35618
* $ 44,885,000 1 $ 70,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,335,052,000 1 $ 280,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 70,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 244,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 255,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 1 $ 330,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 53,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 79,000
Cashcall, Inc.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 1 $ 90,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 236,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 123,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 86,000
Trustmark National Bank
PO BOX 291
JACKSON, MS 39205
* $ 9,425,755,000 1 $ 59,000
R.H. Lending, Inc.
6209 COLLEYVILLE BLVD.
COLLEYVILLE, TX 76034
* $ 10,000,000 1 $ 126,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 103,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 50,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 1 $ 164,000
Hamilton Mortgage Corporation
2850 19TH ST S, SUITE 300
BIRMINGHAM, AL 35209
* $ 10,000,000 1 $ 322,000
Ing Bank, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 1 $ 75,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 7,724,367,000 1 $ 330,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 13,362,287,000 1 $ 2,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 11,750,980,000 1 $ 36,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 135,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 652,138,000 1 $ 79,000
First Federal of Charleston
2440 MALL DRIVE
NORTH CHARLESTON, SC 29406
* $ 3,249,548,000 1 $ 47,000
Aurora Bank FSB
10350 PARK MEADOWS DRIVE
LONE TREE, CO 80124
* $ 4,335,558,000 1 $ 52,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 1,640,565,000 1 $ 47,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,054,163,000 1 $ 83,000
First Financial Bank
214 N WASHINGTON STREET
EL DORADO, AR 71730
* $ 726,447,000 1 $ 74,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,285,622,000 1 $ 190,000

The tables below break down 2011 mortgage applications in Franklin County, AL by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Franklin County, AL in 2011

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 693 $66,425,000 $95,000 $608,000 $59,000 $650,000
Home Purchase 324 $26,539,000 $81,000 $940,000 $48,000 $328,000
Home Improvement 81 $2,583,000 $31,000 $188,000 $51,000 $229,000

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 909 $78,096,000 $85,000 $940,000 $59,000 $650,000
Not Provided 60 $5,640,000 $94,000 $244,000 $44,000 $140,000
Not applicable 56 $7,958,000 $142,000 $608,000 $17,000 $161,000
Hispanic 47 $2,435,000 $51,000 $128,000 $45,000 $230,000
Black or African American 24 $1,310,000 $54,000 $161,000 $47,000 $121,000
Native Hawaiian or Other Pacific Islander 1 $62,000 $62,000 $62,000 $29,000 $29,000
American Indian or Alaskan Native 1 $46,000 $46,000 $46,000 $52,000 $52,000
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) 832 $67,671,000 $81,000 $940,000 $59,000 $650,000
FHA-insured (Federal Housing Administration) 202 $20,560,000 $101,000 $251,000 $44,000 $169,000
VA-guaranteed (Veterans Administration) 37 $4,762,000 $128,000 $225,000 $46,000 $120,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 27 $2,554,000 $94,000 $213,000 $39,000 $183,000

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 582 $45,010,000 $77,000 $608,000 $61,000 $650,000
Application Denied By Financial Institution 187 $15,813,000 $84,000 $940,000 $48,000 $190,000
Loan Purchased By The Institution 160 $19,461,000 $121,000 $356,000 $46,000 $185,000
Application Withdrawn By Applicant 99 $9,460,000 $95,000 $335,000 $54,000 $275,000
Application Approved But Not Accepted 56 $4,203,000 $75,000 $600,000 $51,000 $276,000
File Closed For Incompleteness 14 $1,600,000 $114,000 $322,000 $49,000 $140,000
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 47 $2,678,000 $56,000 $200,000 $42,000 $120,000
Debt-To-Income Ratio 21 $1,435,000 $68,000 $240,000 $41,000 $183,000
Collateral 21 $2,351,000 $111,000 $330,000 $65,000 $116,000
Credit Application Incomplete 13 $1,487,000 $114,000 $225,000 $87,000 $190,000
Other 7 $652,000 $93,000 $171,000 $43,000 $97,000
Unverifiable Information 1 $63,000 $63,000 $63,000 $61,000 $61,000
Employment History 1 $113,000 $113,000 $113,000 $30,000 $30,000
Insufficient Cash (Downpayment, Closing Cost) 1 $940,000 $940,000 $940,000 $185,000 $185,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

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.

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