Franklin County, AL Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 960 mortgage applications in Franklin County, AL totaling $82.9 million, up 12% from 2015. The average application was for $86,000, and applicants reported an average income of $50,000. 56% of applications resulted in an originated loan and 25% were denied. The most active lender was Cb&S Bank, with 159 applications, followed by First Community Mortgage, Inc. and Valley State Bank.

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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  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 960
Total Mortgage Loan Application Amount $82,856,000
Average Mortgage Loan Application Amount $86,000
Highest Mortgage Loan Application Amount $582,000
Average Applicant Income $50,000
Highest Applicant Income $393,000

Mortgage Company List for Lending in Franklin County, AL for 2016

* 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
* $ 1,515,162,000 159 $ 9,287,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 68 $ 9,433,000
Valley State Bank
15565 HWY 43
RUSSELLVILLE, AL 35653
* $ 123,566,000 64 $ 4,355,000
First Metro Bank
406 W AVALON AVE
MUSCLE SHOALS, AL 35661
* $ 562,288,000 59 $ 2,252,000
Listerhill Credit Union
P O BOX 566
SHEFFIELD, AL 35660
* $ 687,956,000 52 $ 3,683,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 44 $ 5,209,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 42 $ 2,082,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 34 $ 3,001,000
Bank Independent
710 S MONTGOMERY AVE
SHEFFIELD, AL 35660
* $ 1,229,510,000 27 $ 2,131,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 27 $ 825,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,121,263,000 20 $ 1,539,000
Trustmark Bank
PO BOX 291
JACKSON, MS 39201
* $ 12,677,017,000 20 $ 2,285,000
Traders & Farmers Bank
PO BOX 550
HALEYVILLE, AL 35565
* $ 365,670,000 17 $ 1,207,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 16 $ 1,526,000
Evabank
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 348,393,000 16 $ 797,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 15 $ 1,604,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ 3,300,000,000 13 $ 1,187,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 12 $ 1,464,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 12 $ 1,389,000
Alabama Central
3601 4TH AVE S
BIRMINGHAM, AL 35222
* $ 136,559,000 10 $ 714,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 9 $ 1,035,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 8 $ 1,086,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 7 $ 1,004,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 7 $ 640,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 7,901,669,000 6 $ 582,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 6 $ 534,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 5 $ 378,000
First Federal Bank
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 109,752,000 5 $ 276,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 5 $ 618,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 5 $ 593,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 5 $ 39,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 4 $ 480,000
Assurance Financial Group, L.L.C.
9029 JEFFERSON HIGHWAY SUITE 100
BATON ROUGE, LA 70809
* $ 1,000,000,000 4 $ 408,000
Goprime Mortgage, Inc.
320 N SALEM STREET
APEX, NC 27502
* $ 10,000,000 4 $ 595,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 4 $ 406,000
Tva Community Credit Union
TVA RESERVATION
MUSCLE SHOALS, AL 35661
* $ 302,612,000 3 $ 242,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 3 $ 362,000
Hamilton Mortgage Corporation
2850 19TH ST S, SUITE 300
BIRMINGHAM, AL 35209
* $ 10,000,000 3 $ 415,000
Peoplestrust Bank
P.O. BOX 189
HAMILTON, AL 35570
* $ 88,078,000 3 $ 150,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 3 $ 424,000
Hometrust Mortgage Company
5353 W ALABAMA, SUITE 500
HOUSTON, TX 77056
* $ 10,000,000 3 $ 416,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 3 $ 469,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 3 $ 122,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 3 $ 1,023,000
Southern Energy Credit Union
750 17TH STREET NORTH
BIRMINGHAM, AL 35203
* $ 2,599,286,000 3 $ 363,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 3 $ 305,000
South State Bank
520 GERVAIS STREET
COLUMBIA, SC 29201
* $ 8,560,707,000 3 $ 193,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ 10,000,000 2 $ 315,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 13,790,125,000 2 $ 204,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 2 $ 235,000
Hamilton Home Loans, Inc.
1551 SAWGRASS CORPORATE PARKWAY, STE 300
SUNRISE, FL 33323
* $ 10,000,000 2 $ 203,000
Clayton Bank and Trust
520 WEST SUMMIT HILL DRIVE SUITE 801
KNOXVILLE, TN 37902
* $ 785,530,000 2 $ 160,000
Home Point Mortgage Acceptance Corporation
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 2 $ 312,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 2 $ 149,000
Progress Bank and Trust
201 WILLIAMS AVENUE
HUNTSVILLE, AL 35801
* $ 635,254,000 2 $ 199,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 303,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 2 $ 290,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 2 $ 155,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 2 $ 430,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 180,000
Southpoint Bank
3501 GRANDVIEW PARKWAY
BIRMINGHAM, AL 35243
* $ 227,770,000 2 $ 195,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 2 $ 84,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 340,713,000 2 $ 180,000
Apci Federal Credit Union
PO BOX 20147
LEHIGH VALLEY, PA 18002
* $ 529,279,000 2 $ 84,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 2 $ 215,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 1 $ 294,000
Triumph Bank
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 525,826,000 1 $ 100,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 988,439,000 1 $ 121,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 961,290,000 1 $ 192,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 69,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 160,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 278,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 5,592,561,000 1 $ 83,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,077,735,000 1 $ 81,000
First National Bank
341 MILITARY STREET SOUTH
HAMILTON, AL 35570
* $ 283,665,000 1 $ 75,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 183,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ 50,442,000 1 $ 165,000
Homestar Financial Corporation
332 WASHINGTON STREET, NW
PEACHTREE CORNERS, GA 30501
* $ 45,240,000 1 $ 210,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 120,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 123,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 181,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 1 $ 81,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 80,000
Citizens State Bank
13840 W. NEWBERRY RD
NEWBERRY, FL 32669
* $ 288,284,000 1 $ 36,000
Champion Community Credit Unio
16601 COUNTY ROAD 150
COURTLAND, AL 35618
* $ 54,617,000 1 $ 22,000
Alabama State Employees CU
1000 INTERSTATE PARK DRIVE
MONTGOMERY, AL 36106
* $ 238,595,000 1 $ 115,000
Tib the Independent Bankersban
11701 LUNA ROAD
FARMERS BRANCH, TX 75234
* $ 2,565,602,000 1 $ 216,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 45,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 1 $ 83,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,887,863,000 1 $ 135,000
Hancock Mortgage Partners, LLC
ONE SUGAR CREEK CENTER BLVD SUITE 1000
SUGAR LAND, TX 77478
* $ 216,152,000 1 $ 159,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 1 $ 160,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 157,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 186,000
Interlinc Mortgage Services, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77086
* $ 21,269,000 1 $ 55,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 227,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 39,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 11,567,246,000 1 $ 48,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,801,773,000 1 $ 71,000
Tower Federal Credit Union
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ 2,758,438,000 1 $ 140,000
Intercap Lending Inc
910 EAST 6600 SOUTH
SALT LAKE CITY, UT 84121
* $ 10,000,000 1 $ 300,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 165,000
Flagship Financial Group, Llc.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 1 $ 300,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 85,747,508,000 1 $ 75,000

The tables below break down 2016 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 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 436 $37,733,000 $86,000 $293,000 $45,000 $393,000
Refinancing 420 $42,294,000 $100,000 $582,000 $58,000 $300,000
Home Improvement 104 $2,829,000 $27,000 $300,000 $44,000 $267,000

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 733 $62,759,000 $85,000 $582,000 $55,000 $393,000
Hispanic 107 $5,683,000 $53,000 $209,000 $41,000 $147,000
Not applicable 59 $6,875,000 $116,000 $395,000 $3,000 $101,000
Not Provided 42 $5,894,000 $140,000 $560,000 $56,000 $264,000
Black or African American 17 $1,272,000 $74,000 $173,000 $39,000 $89,000
American Indian or Alaskan Native 1 $185,000 $185,000 $185,000 $78,000 $78,000
Asian 1 $188,000 $188,000 $188,000 $239,000 $239,000
Native Hawaiin 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) 703 $53,539,000 $76,000 $582,000 $55,000 $393,000
FHA-insured (Federal Housing Administration) 150 $16,417,000 $109,000 $278,000 $38,000 $111,000
VA-guaranteed (Veterans Administration) 58 $7,849,000 $135,000 $304,000 $46,000 $109,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 49 $5,051,000 $103,000 $216,000 $31,000 $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 535 $43,393,000 $81,000 $582,000 $58,000 $393,000
Application Denied By Financial Institution 238 $19,957,000 $83,000 $334,000 $46,000 $300,000
Loan Purchased By The Institution 66 $8,036,000 $121,000 $395,000 $13,000 $101,000
Application Withdrawn By Applicant 45 $5,347,000 $118,000 $560,000 $53,000 $264,000
Application Approved But Not Accepted 43 $3,448,000 $80,000 $227,000 $45,000 $98,000
File Closed For Incompleteness 33 $2,675,000 $81,000 $210,000 $35,000 $141,000
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 41 $2,643,000 $64,000 $320,000 $45,000 $140,000
Debt-To-Income Ratio 22 $1,752,000 $79,000 $164,000 $38,000 $95,000
Collateral 21 $1,748,000 $83,000 $278,000 $51,000 $108,000
Credit Application Incomplete 7 $779,000 $111,000 $334,000 $73,000 $172,000
Other 4 $614,000 $153,000 $183,000 $73,000 $132,000
Insufficient Cash (Downpayment, Closing Cost) 3 $172,000 $57,000 $84,000 $15,000 $46,000
Unverifiable Information 1 $5,000 $5,000 $5,000 $60,000 $60,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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.

Download the Alabama Lender List