Find mortgage statistics and lending data for the Franklin 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 Franklin 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 | 739 |
Total Mortgage Loan Application Amount | $78,425,000 |
Average Mortgage Loan Application Amount | $106,000 |
Highest Mortgage Loan Application Amount | $465,000 |
Average Applicant Income | $64,000 |
Highest Applicant Income | $396,000 |
Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
---|---|---|---|---|
CB&S BANK, INC. 200 JACKSON AVE. S. RUSSELLVILLE, AK 35653 |
* | $ 1,598,550,000 | 132 | $ 10,510,000 |
21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ -1,000 | 44 | $ 3,000,000 |
LISTERHILL CREDIT UNION P O BOX 566 SHEFFIELD, AL 35660 |
* | $ 755,123,000 | 41 | $ 3,625,000 |
BANK INDEPENDENT 710 S MONTGOMERY AVE SHEFFIELD, AL 35660 |
* | $ 1,490,279,000 | 36 | $ 3,470,000 |
WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,747,398,000,000 | 29 | $ 3,555,000 |
ALABAMA CENTRAL 3601 4TH AVE S BIRMINGHAM, AL 35222 |
* | $ 135,830,000 | 28 | $ 2,520,000 |
TRUSTMARK NATIONAL BANK PO BOX 291 JACKSON, MS 39205 |
* | $ 13,795,627,000 | 23 | $ 3,225,000 |
FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ -1,000 | 15 | $ 2,155,000 |
EVABANK 1710 CHEROKEE AVE SW CULLMAN, AL 35055 |
* | $ 376,507,000 | 13 | $ 505,000 |
LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ -1,000 | 12 | $ 1,290,000 |
CIS FINANCIAL SERVICES, INC. 851 MILITARY STREET N HAMILTON, AL 35570 |
* | $ -1,000 | 12 | $ 1,680,000 |
STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 16,696,742,000 | 11 | $ 755,000 |
REGIONS BANK 1900 5TH AVENUE N BIRMINGHAM, AL 35203 |
* | $ 123,325,220,000 | 11 | $ 1,025,000 |
FIRST COMMUNITY MORTGAGE, INC. 275 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ -1,000 | 10 | $ 1,800,000 |
AMERIHOME MORTGAGE COMPANY, LLC 21215 BURBANK BLVD, SUITE 400 WOODLAND HILLS, CA 91367 |
* | $ -1,000 | 10 | $ 1,820,000 |
TRADERS & FARMERS BANK PO BOX 550 HALEYVILLE, AL 35565 |
* | $ 365,283,000 | 9 | $ 1,055,000 |
RENASANT BANK 209 TROY ST., P.O. BOX 709 TUPELO, MS 38802 |
* | $ 9,805,580,000 | 9 | $ 1,395,000 |
SUNTRUST BANKS, INC. P.O. BOX 4418, MAIL CODE 663 ATLANTA, GA 30302 |
* | $ 201,637,519,000 | 9 | $ 975,000 |
DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ -1,000 | 9 | $ 745,000 |
PENNYMAC LOAN SERVICES, LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ -1,000 | 9 | $ 1,615,000 |
VANDERBILT MORTGAGE AND FINANCE, INC. 500 ALCOA TRAIL MARYVILLE, TN 37804 |
* | $ -1,000 | 7 | $ 355,000 |
U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 456,025,829,000 | 7 | $ 1,405,000 |
TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 216,077,000,000 | 7 | $ 925,000 |
MORTGAGE INVESTORS GROUP, INC. 8320 E. WALKER SPRINGS LANE KNOXVILLE, TN 37923 |
* | $ -1,000 | 6 | $ 880,000 |
CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ -1,000 | 6 | $ 670,000 |
MOVEMENT MORTGAGE, LLC 8024 CALVIN HALL ROAD INDIAN LAND, SC 29707 |
* | $ -1,000 | 6 | $ 720,000 |
CONSUMER FIRST MORTGAGE, INC. 511 ENERGY CENTER BLVD, SUITE 702 NORTHPORT, AL 35473 |
* | $ -1,000 | 6 | $ 620,000 |
NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ -1,000 | 6 | $ 470,000 |
HOMETOWN LENDERS, INC. 310 THE BRIDGE STREET, 4TH FLOOR SUITE A HUNTSVILLE, AL 35806 |
* | $ -1,000 | 6 | $ 630,000 |
SOUTHPOINT BANK 3501 GRANDVIEW PARKWAY BIRMINGHAM, AL 35243 |
* | $ 309,107,000 | 6 | $ 600,000 |
AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ -1,000 | 6 | $ 800,000 |
GOPRIME MORTGAGE, INC. 320 N SALEM STREET APEX, NC 27502 |
* | $ -1,000 | 5 | $ 585,000 |
ASSURANCE FINANCIAL GROUP, L.L.C. 9029 JEFFERSON HIGHWAY SUITE 100 BATON ROUGE, LA 70809 |
* | $ -1,000 | 5 | $ 985,000 |
FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 16,855,693,000 | 5 | $ 365,000 |
EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ -1,000 | 5 | $ 565,000 |
BBVA USA 15 SOUTH 20TH ST BIRMINGHAM, AL 35233 |
* | $ 86,504,843,000 | 5 | $ 605,000 |
FIRSTBANK 11 CHANNING WAY JACKSON, TN 38305 |
* | $ 4,724,296,000 | 5 | $ 305,000 |
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 2,140,778,000,000 | 5 | $ 465,000 |
1ST FRANKLIN FINANCIAL CORPORATION 135 E. TUGALO ST. TOCCOA, GA 30577 |
* | $ -1,000 | 4 | $ 90,000 |
REDSTONE FEDERAL CREDIT UNION 220 WYNN DRIVE HUNTSVILLE, AL 35893 |
* | $ 5,032,136,000 | 4 | $ 480,000 |
PEOPLESTRUST BANK P.O. BOX 189 HAMILTON, AL 35570 |
* | $ 96,134,000 | 4 | $ 100,000 |
NEWREZ LLC 4000 CHEMICAL ROAD SUITE 200 PLYMOUTH MEETING, PA 19462 |
* | $ -1,000 | 3 | $ 265,000 |
PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ -1,000 | 3 | $ 575,000 |
SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ -1,000 | 3 | $ 385,000 |
TRIAD FINANCIAL SERVICES, INC. 13901 SUTTON PARK DRIVE SOUTH, SUITE 300 JACKSONVILLE, FL 32224 |
* | $ -1,000 | 3 | $ 375,000 |
USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 80,522,766,000 | 3 | $ 755,000 |
TEXAS CAPITAL BANK, NATIONAL ASSOCIATION 2000 MCKINNEY AVE SUITE 700 DALLAS, TX 75201 |
* | $ 25,054,739,000 | 3 | $ 545,000 |
LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ -1,000 | 3 | $ 525,000 |
BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,751,524,000,000 | 3 | $ 135,000 |
DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 98,729,134,000 | 3 | $ 125,000 |
CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 121,995,997,000 | 3 | $ 235,000 |
BARRINGTON BANK & TRUST COMPANY, N.A. 201 S. HOUGH STREET BARRINGTON, IL 60010 |
* | $ 2,002,887,000 | 3 | $ 445,000 |
MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ -1,000 | 3 | $ 645,000 |
FIRST NATIONAL BANK 341 MILITARY STREET SOUTH HAMILTON, AL 35570 |
* | $ 293,520,000 | 3 | $ 285,000 |
FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ -1,000 | 3 | $ 395,000 |
ROYAL UNITED MORTGAGE LLC 7999 KNUE RD. STE 300 INDIANAPOLIS, IN 46250 |
* | $ -1,000 | 3 | $ 215,000 |
FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ -1,000 | 2 | $ 210,000 |
CREDIT HUMAN FEDERAL CREDIT UNION 6061 IH 10 WEST SAN ANTONIO, TX 78201 |
* | $ 2,934,629,000 | 2 | $ 170,000 |
THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ -1,000 | 2 | $ 420,000 |
WILLOW BEND MORTGAGE COMPANY, LLC 5800 W PLANO PKWY STE 105 PLANO, TX 75093 |
* | $ -1,000 | 2 | $ 200,000 |
EVANSVILLE TEACHERS 9520 ORMSBY STATION RD SUITE 20 LOUISVILLE, KY 40223 |
* | $ 1,456,342,000 | 2 | $ 150,000 |
TOTAL MEDIA MANAGEMENT, LLC 4205 BALMORAL DRIVE HUNTSVILLE, AL 35801 |
* | $ -1,000 | 2 | $ 280,000 |
ONE REVERSE MORTGAGE, LLC 4445 EASTGATE MALL, SUITE 320 SAN DIEGO, CA 92121 |
* | $ -1,000 | 2 | $ 180,000 |
GUILD MORTGAGE COMPANY 5898 COPLEY DRIVE SAN DIEGO, CA 92111 |
* | $ -1,000 | 2 | $ 210,000 |
CADENCE BANK P O BOX 789 TUPELO, MS 38802 |
* | $ 15,308,454,000 | 2 | $ 80,000 |
TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 34,298,273,000 | 2 | $ 130,000 |
VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ -1,000 | 2 | $ 210,000 |
J.G. WENTWORTH HOME LENDING, LLC 3350 COMMISSION COURT WOODBRIDGE, VA 22192 |
* | $ -1,000 | 2 | $ 460,000 |
FINANCE OF AMERICA REVERSE LLC 8023 EAST 63RD PLACE, SUITE 700 TULSA, OK 74133 |
* | $ -1,000 | 1 | $ 5,000 |
FIRST FEDERAL BANK, A FSB 1300 MCFARLAND BLVD NE TUSCALOOSA, AL 35406 |
* | $ 115,203,000 | 1 | $ 55,000 |
EVERETT FINANCIAL, INC. 14801 QUORUM DRIVE, SUITE 300 DALLAS, TX 75254 |
* | $ -1,000 | 1 | $ 105,000 |
ROUNDPOINT MORTGAGE SERVICING CORPORATION 5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8 CHARLOTTE, NC 28219 |
* | $ -1,000 | 1 | $ 115,000 |
PROGRESS BANK AND TRUST 201 WILLIAMS AVENUE HUNTSVILLE, AL 35801 |
* | $ 1,020,823,000 | 1 | $ 105,000 |
HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ -1,000 | 1 | $ 65,000 |
WOLFE FINANCIAL, INC 191 H NC HIGHWAY 42 NORTH ASHEBORO, NC 27203 |
* | $ -1,000 | 1 | $ 165,000 |
LONGBRIDGE FINANCIAL, LLC ONE INTERNATIONAL BLVD. MAHWAH, NJ 07495 |
* | $ -1,000 | 1 | $ 55,000 |
FIRST INTERNET BANK OF INDIANA 11201 USA PARKWAY FISHERS, IN 46037 |
* | $ 2,764,317,000 | 1 | $ 395,000 |
TVA COMMUNITY CREDIT UNION TVA RESERVATION MUSCLE SHOALS, AL 35662 |
* | $ 310,300,000 | 1 | $ 25,000 |
CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ -1,000 | 1 | $ 55,000 |
IMPAC MORTGAGE CORP. 19500 JAMBOREE RD IRVINE, CA 92612 |
* | $ -1,000 | 1 | $ 85,000 |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ -1,000 | 1 | $ 395,000 |
NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 1,995,487,000 | 1 | $ 165,000 |
PLATINUM HOME MORTGAGE CORPORATION 2200 HICKS RD, STE 101 ROLLING MEADOWS, IL 60008 |
* | $ -1,000 | 1 | $ 85,000 |
FIRST FEDERAL BANK 4705 US HWY 90 W LAKE CITY, FL 32055 |
* | $ 1,376,902,000 | 1 | $ 145,000 |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ -1,000 | 1 | $ 75,000 |
BNC NATIONAL BANK 20175 N 67TH AVENUE GLENDALE, AZ 85308 |
* | $ 945,013,000 | 1 | $ 235,000 |
AMERICAN MORTGAGE SERVICE COMPANY 11503 SPRINGFIELD PIKE CINCINNATI, OH 45246 |
* | $ -1,000 | 1 | $ 95,000 |
FIFTH THIRD MORTGAGE COMPANY 5001 KINGSLEY DRIVE MD 1MOB2W CINCINNATI, OH 45227 |
* | $ -1,000 | 1 | $ 85,000 |
GUARANTY TRUST COMPANY 316 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ -1,000 | 1 | $ 95,000 |
GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ -1,000 | 1 | $ 115,000 |
BANKFIRST FINANCIAL SERVICES PO BOX 31 MACON, MS 39341 |
* | $ 957,533,000 | 1 | $ 235,000 |
APCO EMPLOYEES 750 17TH STREET NORTH BIRMINGHAM, AL 35203 |
* | $ 2,814,713,000 | 1 | $ 55,000 |
BANK OF CLEVELAND 75 BOBBY TAYLOR AVE CLEVELAND, TN 37320 |
* | $ 260,641,000 | 1 | $ 125,000 |
TJC MORTGAGE, INC. 1 PERIMETER PARK S, STE 230 S BIRMINGHAM, AL 35243 |
* | $ -1,000 | 1 | $ 375,000 |
PINNACLE BANK 150 3RD AVE SOUTH NASHVILLE, TN 37201 |
* | $ 22,081,233,000 | 1 | $ 435,000 |
HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ -1,000 | 1 | $ 75,000 |
UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ -1,000 | 1 | $ 175,000 |
SECURED INVESTMENT CORP. 701 E FRONT AVE COEUR D'ALENE, ID 83814 |
* | $ -1,000 | 1 | $ 75,000 |
COLONIAL SAVINGS, F.A. P O BOX 2988 FORT WORTH, TX 76113 |
* | $ 969,487,000 | 1 | $ 125,000 |
VALLEY CREDIT UNION P O BOX 388 TUSCUMBIA, AL 35674 |
* | $ 69,690,000 | 1 | $ 25,000 |
CITIZENS EQUITY FIRST 5401 W DIRKSEN PKWY PEORIA, IL 61607 |
* | $ 5,811,215,000 | 1 | $ 85,000 |
SOUTH STATE BANK 520 GERVAIS STREET COLUMBIA, SC 29201 |
* | $ 14,461,396,000 | 1 | $ 85,000 |
AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ -1,000 | 1 | $ 365,000 |
REVERSE MORTGAGE FUNDING LLC 1455 BROAD ST., 2ND FL BLOOMFIELD, NJ 07003 |
* | $ -1,000 | 1 | $ 135,000 |
FORBRIGHT BANK 6701 DEMOCRACY BLVD, SUITE 400 BETHESDA, MD 20817 |
* | $ 955,028,000 | 1 | $ 135,000 |
CHURCHILL MORTGAGE CORPORATION 761 OLD HICKORY BLVD SUITE 400 BRENTWOOD, TN 37027 |
* | $ -1,000 | 1 | $ 255,000 |
RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ -1,000 | 1 | $ 65,000 |
PRIMELENDING, A PLAINSCAPITAL COMPANY 18111 PRESTON ROAD SUITE 900 DALLAS, TX 75252 |
* | $ -1,000 | 1 | $ 105,000 |
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.
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 | 395 | $45,615,000 | $115,000 | $435,000 | $61,000 | $378,000 |
Refinancing | 145 | $14,905,000 | $102,000 | $465,000 | $68,000 | $299,000 |
Cash-out Refinancing | 132 | $14,520,000 | $110,000 | $365,000 | $67,000 | $204,000 |
Other Purpose | 32 | $1,440,000 | $45,000 | $205,000 | $69,000 | $396,000 |
Home Improvement | 25 | $1,325,000 | $53,000 | $295,000 | $57,000 | $238,000 |
Not Applicable | 10 | $620,000 | $62,000 | $135,000 | $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 | 543 | $57,465,000 | $105,000 | $465,000 | $65,000 | $396,000 |
Not applicable | 77 | $10,595,000 | $137,000 | $355,000 | $66,000 | $128,000 |
Hispanic | 62 | $3,930,000 | $63,000 | $255,000 | $49,000 | $168,000 |
Not Provided | 32 | $3,960,000 | $123,000 | $315,000 | $74,000 | $195,000 |
Black or African American | 20 | $1,910,000 | $95,000 | $265,000 | $77,000 | $156,000 |
American Indian or Alaskan Native | 4 | $450,000 | $112,000 | $185,000 | $39,000 | $60,000 |
Asian | 1 | $115,000 | $115,000 | $115,000 | $51,000 | $51,000 |
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) | 506 | $50,150,000 | $99,000 | $465,000 | $68,000 | $396,000 |
FHA-insured (Federal Housing Administration) | 136 | $16,350,000 | $120,000 | $295,000 | $56,000 | $287,000 |
VA-guaranteed (Veterans Administration) | 53 | $7,795,000 | $147,000 | $355,000 | $55,000 | $129,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 44 | $4,130,000 | $93,000 | $245,000 | $43,000 | $105,000 |
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 | 363 | $38,955,000 | $107,000 | $465,000 | $68,000 | $396,000 |
Application Denied By Financial Institution | 145 | $13,815,000 | $95,000 | $365,000 | $55,000 | $238,000 |
Loan Purchased By The Institution | 96 | $13,570,000 | $141,000 | $395,000 | $72,000 | $156,000 |
Application Withdrawn By Applicant | 69 | $6,405,000 | $92,000 | $375,000 | $58,000 | $287,000 |
File Closed For Incompleteness | 34 | $3,090,000 | $90,000 | $395,000 | $59,000 | $139,000 |
Application Approved But Not Accepted | 21 | $1,825,000 | $86,000 | $245,000 | $72,000 | $154,000 |
Preapproval Denied by Financial Institution | 6 | $400,000 | $66,000 | $115,000 | $57,000 | $121,000 |
Preapproval Approved but not Accepted | 5 | $365,000 | $73,000 | $115,000 | $45,000 | $60,000 |
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 | 582 | $63,960,000 | $109,000 | $465,000 | $66,000 | $396,000 |
Credit History | 66 | $5,410,000 | $81,000 | $355,000 | $57,000 | $156,000 |
Debt-To-Income Ratio | 37 | $3,675,000 | $99,000 | $365,000 | $49,000 | $136,000 |
Collateral | 23 | $2,745,000 | $119,000 | $315,000 | $68,000 | $238,000 |
Other | 14 | $1,250,000 | $89,000 | $205,000 | $49,000 | $130,000 |
Credit Application Incomplete | 9 | $765,000 | $85,000 | $165,000 | $44,000 | $88,000 |
Unverifiable Information | 5 | $345,000 | $69,000 | $135,000 | $67,000 | $158,000 |
Insufficient Cash (Downpayment, Closing Cost) | 2 | $170,000 | $85,000 | $105,000 | $62,000 | $94,000 |
Employment History | 1 | $105,000 | $105,000 | $105,000 | $195,000 | $195,000 |
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.