Hale County, AL Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 585 mortgage applications in Hale County, AL totaling $54.0 million, down 15% from 2010. The average application was for $92,000, and applicants reported an average income of $53,000. 55% of applications resulted in an originated loan and 17% were denied. The most active lender was Peoples Bank of Greensboro, with 88 applications, followed by The Citizens Bank and First Federal Bank.

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Total Number of Mortgage Applications 585
Total Mortgage Loan Application Amount $53,957,000
Average Mortgage Loan Application Amount $92,000
Highest Mortgage Loan Application Amount $693,000
Average Applicant Income $53,000
Highest Applicant Income $589,000

Mortgage Company List for Lending in Hale 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
Peoples Bank of Greensboro
1402 STATE STREET
GREENSBORO, AL 36744
* $ 82,567,000 88 $ 4,863,000
The Citizens Bank
P.O. BOX 319
GREENSBORO, AL 36744
* $ 91,195,000 69 $ 3,964,000
First Federal Bank
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 175,796,000 40 $ 5,786,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 40 $ 3,876,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 37 $ 1,914,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 27 $ 3,490,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 27 $ 1,205,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 15 $ 2,456,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 14 $ 2,136,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 13 $ 912,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 126,719,736,000 13 $ 711,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 13 $ 1,720,000
Bank of Moundville
P.O. BOX 158
MOUNDVILLE, AL 35474
* $ 98,969,000 12 $ 659,000
Robertson Banking Company
216 NORTH WALNUT AVE
DEMOPOLIS, AL 36732
* $ 234,245,000 10 $ 625,000
Hometown Mortgage Services Inc
5511 HWY 280 E STE 210
BIRMINGHAM, AL 35242
* $ 10,000,000 10 $ 1,492,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 8 $ 1,610,000
Evabank
1710 CHEROKEE AVE SW
CULLMAN, AL 35055
* $ 376,850,000 8 $ 204,000
Banktrust
107 ST FRANCIS STREET
MOBILE, AL 36602
* $ 2,155,856,000 7 $ 736,000
Synovus Mortgage Corporation
2204 LAKESHORE DRIVE SUITE 325
BIRMINGHAM, AL 35209
* $ 27,908,468,000 7 $ 1,025,000
Alabama One Credit Union
1215 VETERANS MEMORIAL PARKWAY
TUSCALOOSA, AL 35404
* $ 560,867,000 7 $ 604,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 6 $ 1,022,000
Alabama Credit Union
220 PAUL W. BRYANT DR. E.
TUSCALOOSA, AL 35486
* $ 387,526,000 6 $ 415,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 5 $ 808,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ 502,411,000 5 $ 1,030,000
The Mortgage Outlet, Inc.
1800 SANDY PLAINS PKWY. SUITE 304
MARIETTA, GA 30066
* $ 10,000,000 4 $ 367,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 4 $ 499,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 4 $ 613,000
Riverfall Credit Union
2520 6TH STREET
TUSCALOSA, AL 35401
* $ 92,614,000 4 $ 597,000
Acceptance Loan Company
121 WEST CHURCH STREET
JACKSON, AL 36545
* $ 70,000,000 4 $ 34,000
Tuscaloosa Credit Union
1100 21ST AVENUE
TUSCALOOSA, AL 35401
* $ 48,978,000 3 $ 125,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 3 $ 42,000
Service Finance Company, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 3 $ 23,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 3 $ 328,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 3 $ 489,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 3 $ 467,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 3 $ 414,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 2 $ 174,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 2 $ 266,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 2 $ 173,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 62,638,180,000 2 $ 241,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 2 $ 302,000
Onemain Financial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 2 $ 49,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 10,788,420,000 2 $ 284,000
Naheola Credit Union
P O BOX 102
PENNINGTON, AL 36916
* $ 71,650,000 2 $ 138,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 1,640,565,000 2 $ 140,000
Bryant Mortgage Company, Inc
234 GOODWIN CREST DRIVE, SUITE 500
BIRMINGHAM, AL 35209
* $ 10,000,000 1 $ 250,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 1 $ 97,000
Secure First Credit Union
P.O. BOX 170070
BIRMINGHAM, AL 35217
* $ 46,791,000 1 $ 196,000
Avadian Credit Union
1 RIVERCHASE PKWY S
HOOVER, AL 35244
* $ 522,275,000 1 $ 64,000
West Alabama Bank & Trust
P O BOX 310
REFORM, AL 35481
* $ 576,624,000 1 $ 42,000
First Arkansas Bank and Trust
600 WEST MAIN STREET
JACKSONVILLE, AR 72076
* $ 685,506,000 1 $ 18,000
First US Bank
P O BOX 249
BIRMINGHAM, AL 35243
* $ 620,576,000 1 $ 134,000
First State Bank of the South, Inc.
P.O. BOX 596, 5856 HWY 278
SULLIGENT, AL 35586
* $ 92,425,000 1 $ 17,000
Fidelity Bank
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 1,942,629,000 1 $ 225,000
Smartbank
2301 UNIVERSITY BLVD
TUSCALOOSA, AL 35401
* $ 356,910,000 1 $ 220,000
Centennial Bank
P.O. BOX 308
TREZEVANT, TN 38258
* $ 261,480,000 1 $ 44,000
Merchants and Farmers Bk Green
P. O. DRAWER 568
EUTAW, AL 35462
* $ 55,029,000 1 $ 21,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 1 $ 68,000
First Nat. Bank of Central Al
2323 PAUL W. BRYANT DRIVE
TUSCALOOSA, AL 35401
* $ 241,335,000 1 $ 228,000
UBS Ag, Tampa Branch
3000 BAYPORT
TAMPA, FL 33607
* $ 1,400,000,000 1 $ 148,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 145,000
Christensen Financial, Inc.
860 N SR 434
ALTAMONTE SPRINGS, FL 32714
* $ 10,000,000 1 $ 90,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 1 $ 190,000
Walker Jackson Mortgage Corpor
14501 GEORGE CARTER WAY
CHANTILLY, VA 20151
* $ 292,944,000 1 $ 142,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ 10,000,000 1 $ 166,000
Consumer First Mortgage, Inc.
511 ENERGY CENTER BLVD, SUITE 702
NORTHPORT, AL 35473
* $ 10,000,000 1 $ 333,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 340,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 13,362,287,000 1 $ 164,000
Rbc Bank
131 NORTH CHURCH STREET
ROCKY MT., NC 27804
* $ 27,285,986,000 1 $ 57,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 1 $ 78,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 1 $ 46,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 56,866,447,000 1 $ 197,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 185,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 94,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 111,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 11,750,980,000 1 $ 107,000
Synovus Bank
PO BOX 120
COLUMBUS, GA 31902
* $ 27,908,468,000 1 $ 3,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 10,000,000 1 $ 127,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 1 $ 115,000
Home Point Mortgage Acceptance Corporation
121 RESEARCH BLVD
MADISON, AL 35758
* $ 580,000,000 1 $ 147,000

The tables below break down 2011 mortgage applications in Hale 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 Hale 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 303 $33,486,000 $110,000 $693,000 $58,000 $589,000
Home Purchase 240 $19,696,000 $82,000 $333,000 $47,000 $250,000
Home Improvement 42 $775,000 $18,000 $86,000 $49,000 $178,000

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 323 $31,850,000 $98,000 $693,000 $68,000 $589,000
Black or African American 173 $11,547,000 $66,000 $308,000 $40,000 $178,000
Not applicable 48 $6,409,000 $133,000 $330,000 $4,000 $83,000
Not Provided 36 $3,607,000 $100,000 $359,000 $43,000 $152,000
Hispanic 3 $304,000 $101,000 $111,000 $62,000 $74,000
Asian 2 $240,000 $120,000 $127,000 $53,000 $56,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
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) 439 $34,466,000 $78,000 $693,000 $56,000 $589,000
FHA-insured (Federal Housing Administration) 107 $13,450,000 $125,000 $274,000 $41,000 $134,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 27 $3,359,000 $124,000 $225,000 $44,000 $60,000
VA-guaranteed (Veterans Administration) 12 $2,682,000 $223,000 $333,000 $69,000 $131,000

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 324 $27,295,000 $84,000 $693,000 $63,000 $551,000
Application Denied By Financial Institution 98 $6,521,000 $66,000 $285,000 $37,000 $589,000
Loan Purchased By The Institution 82 $11,787,000 $143,000 $333,000 $28,000 $152,000
Application Approved But Not Accepted 39 $2,970,000 $76,000 $340,000 $50,000 $255,000
Application Withdrawn By Applicant 34 $4,680,000 $137,000 $359,000 $60,000 $135,000
File Closed For Incompleteness 8 $704,000 $88,000 $189,000 $74,000 $175,000
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 29 $1,854,000 $63,000 $285,000 $37,000 $89,000
Debt-To-Income Ratio 14 $979,000 $69,000 $250,000 $25,000 $46,000
Collateral 5 $742,000 $148,000 $258,000 $162,000 $589,000
Credit Application Incomplete 4 $317,000 $79,000 $110,000 $3,000 $13,000
Other 2 $177,000 $88,000 $154,000 $2,000 $5,000
Employment History 1 $146,000 $146,000 $146,000 $15,000 $15,000
Insufficient Cash (Downpayment, Closing Cost) 1 $83,000 $83,000 $83,000 $33,000 $33,000
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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