Greene County, AL Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 479 mortgage applications in Greene County, AL totaling $17.9 million, up 155% from 2010. The average application was for $37,000, and applicants reported an average income of $53,000. 41% of applications resulted in an originated loan and 43% were denied. The most active lender was Service Finance Company, LLC, with 268 applications, followed by Wells Fargo Bank NA and Merchants and Farmers Bk Green.

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Total Number of Mortgage Applications 479
Total Mortgage Loan Application Amount $17,889,000
Average Mortgage Loan Application Amount $37,000
Highest Mortgage Loan Application Amount $390,000
Average Applicant Income $53,000
Highest Applicant Income $450,000

Mortgage Company List for Lending in Greene 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
Service Finance Company, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 268 $ 2,143,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 23 $ 2,205,000
Merchants and Farmers Bk Green
P. O. DRAWER 568
EUTAW, AL 35462
* $ 55,029,000 21 $ 1,391,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 16 $ 1,572,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 16 $ 694,000
Robertson Banking Company
216 NORTH WALNUT AVE
DEMOPOLIS, AL 36732
* $ 234,245,000 15 $ 633,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 126,719,736,000 14 $ 563,000
Banktrust
107 ST FRANCIS STREET
MOBILE, AL 36602
* $ 2,155,856,000 13 $ 379,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 7 $ 317,000
Tuscaloosa Credit Union
1100 21ST AVENUE
TUSCALOOSA, AL 35401
* $ 48,978,000 6 $ 486,000
Synovus Mortgage Corporation
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 27,908,468,000 5 $ 392,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 4 $ 477,000
West Alabama Bank & Trust
P O BOX 310
REFORM, AL 35481
* $ 576,624,000 4 $ 98,000
Mortgageamerica, Inc.
1800 INTERNATIONAL PARK DR, SUITE 100
BIRMINGHAM, AL 35243
* $ 10,000,000 3 $ 286,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 3 $ 261,000
First Nat. Bank of Central Al
2323 PAUL W. BRYANT DRIVE
TUSCALOOSA, AL 35401
* $ 241,335,000 3 $ 340,000
First Federal Bank
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 175,796,000 3 $ 661,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 3 $ 370,000
The Mortgage Outlet, Inc.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 3 $ 221,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 3 $ 158,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 120,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 416,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 2 $ 177,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 2 $ 211,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 2 $ 171,000
Alabama One Credit Union
1215 VETERANS MEMORIAL PARKWAY
TUSCALOOSA, AL 35404
* $ 560,867,000 2 $ 159,000
Acceptance Loan Company
121 WEST CHURCH STREET
JACKSON, AL 36545
* $ 70,000,000 2 $ 49,000
Bryant Bank
1550 MCFARLAND BLVD N
TUSCALOOSA, AL 35406
* $ 904,886,000 2 $ 23,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 2 $ 163,000
Bank of Moundville
P.O. BOX 158
MOUNDVILLE, AL 35474
* $ 98,969,000 1 $ 21,000
Coastal States Mortgage, Inc.
5 BOW CIRCLE
HILTON HEAD ISLAND, SC 29928
* $ 10,000,000 1 $ 125,000
Smartbank
2301 UNIVERSITY BLVD
TUSCALOOSA, AL 35401
* $ 356,910,000 1 $ 108,000
Velocity Community Federal Credit Union
2801 PGA BLVD.
PALM BEACH GARDENS, FL 33410
* $ 256,243,000 1 $ 105,000
Kemba Credit Union
8763 UNION CENTRE BLVD
WEST CHESTER, OH 45069
* $ 464,871,000 1 $ 10,000
Southern Energy Credit Union
750 17TH STREET NORTH
BIRMINGHAM, AL 35203
* $ 1,959,467,000 1 $ 20,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 1 $ 107,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 99,000
Rbc Bank
131 NORTH CHURCH STREET
ROCKY MT., NC 27804
* $ 27,285,986,000 1 $ 390,000
Capital One NA
11130 INDUSTRIPLEX BLVD
BATON ROUGE, LA 70809
* $ 70,506,963,000 1 $ 3,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 1 $ 60,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 1 $ 21,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 205,000
Citifinancial Corporation,Llc
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 10,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 1 $ 64,000
American Bank of Huntsville
3301 MEMORIAL PKWY SW
HUNTSVILLE, AL 35801
* $ 172,971,000 1 $ 50,000
Cadence Bank, N.A.
2100 3RD AVE N
BIRMINGHAM, AL 35203
* $ 1,581,160,000 1 $ 14,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 1 $ 238,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 80,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 60,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 1 $ 84,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 145,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 180,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 1 $ 83,000
Gms Funding, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 1 $ 106,000
Residential Finance Corp.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 116,000

The tables below break down 2011 mortgage applications in Greene 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 Greene 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
Home Improvement 311 $3,277,000 $10,000 $248,000 $54,000 $409,000
Refinancing 109 $10,449,000 $95,000 $390,000 $56,000 $365,000
Home Purchase 59 $4,163,000 $70,000 $267,000 $44,000 $450,000

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
Not Provided 181 $2,830,000 $15,000 $290,000 $58,000 $157,000
White 148 $7,978,000 $53,000 $390,000 $60,000 $450,000
Black or African American 124 $5,572,000 $44,000 $248,000 $45,000 $191,000
Not applicable 12 $986,000 $82,000 $254,000 $0 $0
Hispanic 8 $95,000 $11,000 $21,000 $52,000 $175,000
American Indian or Alaskan Native 4 $365,000 $91,000 $145,000 $24,000 $42,000
Asian 1 $58,000 $58,000 $58,000 $52,000 $52,000
Native Hawaiian or Other Pacific Islander 1 $5,000 $5,000 $5,000 $36,000 $36,000

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
FHA-insured (Federal Housing Administration) 313 $6,191,000 $19,000 $238,000 $52,000 $409,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 159 $11,137,000 $70,000 $390,000 $57,000 $450,000
VA-guaranteed (Veterans Administration) 7 $561,000 $80,000 $116,000 $18,000 $56,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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
Application Denied By Financial Institution 208 $4,721,000 $22,000 $248,000 $52,000 $409,000
Loan Originated 196 $6,643,000 $33,000 $367,000 $56,000 $450,000
Application Withdrawn By Applicant 32 $2,640,000 $82,000 $238,000 $54,000 $107,000
Loan Purchased By The Institution 24 $2,272,000 $94,000 $254,000 $33,000 $195,000
Application Approved But Not Accepted 16 $1,342,000 $83,000 $390,000 $75,000 $365,000
File Closed For Incompleteness 3 $271,000 $90,000 $116,000 $28,000 $60,000
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 11 $447,000 $40,000 $124,000 $55,000 $152,000
Debt-To-Income Ratio 11 $392,000 $35,000 $248,000 $63,000 $409,000
Collateral 7 $745,000 $106,000 $145,000 $42,000 $77,000
Other 4 $118,000 $29,000 $60,000 $49,000 $92,000
Credit Application Incomplete 1 $30,000 $30,000 $30,000 $17,000 $17,000
Employment History 1 $63,000 $63,000 $63,000 $33,000 $33,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 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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