First Choice Funding, Inc.
Mortgage Loan Application
Totals and Details
for 2007
Find mortgage loan statistics, lending data, and loan application totals for Alabama.
The mortgage statistics and data below are specific to mortgage loan applications for First Choice Funding, Inc..
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | First Choice Funding, Inc. 2100 Riverchase Center Ste 100 Birmingham, AL 35244 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 897 |
| Total Mortgage Loan Application Amount | $120,866,000 |
| Average Mortgage Loan Application Amount | $136,000 |
| Highest Mortgage Loan Application Amount | $1,935,000 |
| Average Applicant Income | $60,000 |
| Highest Applicant Income | $1,992,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in AL, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Jefferson County Alabama | 76 | $ 8,390,000 | $ 110,000 | $ 43,000 |
| Hinds County Mississippi | 56 | $ 5,084,000 | $ 90,000 | $ 52,000 |
| Mobile County Alabama | 42 | $ 4,867,000 | $ 115,000 | $ 51,000 |
| Morgan County Alabama | 27 | $ 3,171,000 | $ 117,000 | $ 48,000 |
| Lauderdale County Mississippi | 23 | $ 1,572,000 | $ 68,000 | $ 28,000 |
| Hamilton County Tennessee | 20 | $ 2,346,000 | $ 117,000 | $ 54,000 |
| Tuscaloosa County Alabama | 19 | $ 2,203,000 | $ 115,000 | $ 48,000 |
| Madison County Alabama | 16 | $ 1,612,000 | $ 100,000 | $ 57,000 |
| Fulton County Georgia | 11 | $ 1,936,000 | $ 176,000 | $ 72,000 |
| Guilford County North Carolina | 11 | $ 1,389,000 | $ 126,000 | $ 51,000 |
| Etowah County Alabama | 10 | $ 1,164,000 | $ 116,000 | $ 45,000 |
| Limestone County Alabama | 10 | $ 1,428,000 | $ 142,000 | $ 55,000 |
| St. Louis City County Missouri | 10 | $ 858,000 | $ 85,000 | $ 40,000 |
| Baldwin County Alabama | 8 | $ 1,492,000 | $ 186,000 | $ 85,000 |
| Davidson County Tennessee | 8 | $ 1,553,000 | $ 194,000 | $ 71,000 |
| Cobb County Georgia | 7 | $ 1,845,000 | $ 263,000 | $ 57,000 |
| Gwinnett County Georgia | 7 | $ 1,821,000 | $ 260,000 | $ 67,000 |
| Jefferson County Kentucky | 7 | $ 965,000 | $ 137,000 | $ 151,000 |
| Lincoln County Mississippi | 7 | $ 604,000 | $ 86,000 | $ 36,000 |
| Shelby County Tennessee | 7 | $ 706,000 | $ 100,000 | $ 62,000 |
| Montgomery County Alabama | 6 | $ 669,000 | $ 111,000 | $ 47,000 |
| Talladega County Alabama | 6 | $ 673,000 | $ 112,000 | $ 33,000 |
| DeKalb County Georgia | 6 | $ 1,029,000 | $ 171,000 | $ 69,000 |
| Muscogee County Georgia | 6 | $ 641,000 | $ 106,000 | $ 42,000 |
| Johnston County North Carolina | 6 | $ 764,000 | $ 127,000 | $ 42,000 |
| Wake County North Carolina | 6 | $ 3,190,000 | $ 531,000 | $ 224,000 |
| Calhoun County Alabama | 5 | $ 896,000 | $ 179,000 | $ 54,000 |
| Cullman County Alabama | 5 | $ 557,000 | $ 111,000 | $ 53,000 |
| Shelby County Alabama | 5 | $ 648,000 | $ 129,000 | $ 49,000 |
| Broward County Florida | 5 | $ 1,855,000 | $ 371,000 | $ 359,000 |
| Hillsborough County Florida | 5 | $ 912,000 | $ 182,000 | $ 82,000 |
| Catoosa County Georgia | 5 | $ 760,000 | $ 152,000 | $ 51,000 |
| Clayton County Georgia | 5 | $ 672,000 | $ 134,000 | $ 72,000 |
| Whitfield County Georgia | 5 | $ 851,000 | $ 170,000 | $ 62,000 |
| Kenton County Kentucky | 5 | $ 940,000 | $ 188,000 | $ 72,000 |
| Warren County Kentucky | 5 | $ 625,000 | $ 125,000 | $ 87,000 |
| Jackson County Mississippi | 5 | $ 712,000 | $ 142,000 | $ 40,000 |
| Lamar County Mississippi | 5 | $ 669,000 | $ 133,000 | $ 48,000 |
| Jefferson County Louisiana | 4 | $ 654,000 | $ 163,000 | $ 55,000 |
| Livingston County Louisiana | 4 | $ 665,000 | $ 166,000 | $ 160,000 |
| Orleans County Louisiana | 4 | $ 507,000 | $ 126,000 | $ 81,000 |
| Harrison County Mississippi | 4 | $ 497,000 | $ 124,000 | $ 41,000 |
| Jones County Mississippi | 4 | $ 277,000 | $ 69,000 | $ 38,000 |
| Madison County Mississippi | 4 | $ 694,000 | $ 173,000 | $ 72,000 |
| Jackson County Missouri | 4 | $ 525,000 | $ 131,000 | $ 49,000 |
| Cumberland County North Carolina | 4 | $ 308,000 | $ 77,000 | $ 62,000 |
| Davidson County North Carolina | 4 | $ 505,000 | $ 126,000 | $ 33,000 |
| Forsyth County North Carolina | 4 | $ 395,000 | $ 98,000 | $ 41,000 |
| Bradley County Tennessee | 4 | $ 552,000 | $ 138,000 | $ 61,000 |
| Robertson County Tennessee | 4 | $ 497,000 | $ 124,000 | $ 69,000 |
| Rutherford County Tennessee | 4 | $ 543,000 | $ 135,000 | $ 84,000 |
| Escambia County Alabama | 3 | $ 204,000 | $ 68,000 | $ 44,000 |
| Jackson County Alabama | 3 | $ 259,000 | $ 86,000 | $ 56,000 |
| Lauderdale County Alabama | 3 | $ 407,000 | $ 135,000 | $ 76,000 |
| Macon County Alabama | 3 | $ 193,000 | $ 64,000 | $ 53,000 |
| Lee County Florida | 3 | $ 1,700,000 | $ 566,000 | $ 165,000 |
| Pinellas County Florida | 3 | $ 971,000 | $ 323,000 | $ 94,000 |
| Polk County Florida | 3 | $ 441,000 | $ 147,000 | $ 44,000 |
| Coweta County Georgia | 3 | $ 257,000 | $ 85,000 | $ 47,000 |
| Henry County Georgia | 3 | $ 489,000 | $ 163,000 | $ 76,000 |
| Houston County Georgia | 3 | $ 383,000 | $ 127,000 | $ 45,000 |
| Troup County Georgia | 3 | $ 535,000 | $ 178,000 | $ 48,000 |
| East Baton Rouge County Louisiana | 3 | $ 470,000 | $ 156,000 | $ 57,000 |
| Copiah County Mississippi | 3 | $ 290,000 | $ 96,000 | $ 63,000 |
| George County Mississippi | 3 | $ 325,000 | $ 108,000 | $ 34,000 |
| Leake County Mississippi | 3 | $ 197,000 | $ 65,000 | $ 40,000 |
| Marshall County Mississippi | 3 | $ 261,000 | $ 87,000 | $ 45,000 |
| Rankin County Mississippi | 3 | $ 657,000 | $ 219,000 | $ 68,000 |
| St. Louis County Missouri | 3 | $ 318,000 | $ 106,000 | $ 40,000 |
| Randolph County North Carolina | 3 | $ 717,000 | $ 239,000 | $ 86,000 |
| Lauderdale County Tennessee | 3 | $ 216,000 | $ 72,000 | $ 34,000 |
| Marion County Tennessee | 3 | $ 307,000 | $ 102,000 | $ 38,000 |
| McMinn County Tennessee | 3 | $ 260,000 | $ 86,000 | $ 46,000 |
| Blount County Alabama | 2 | $ 404,000 | $ 202,000 | $ 72,000 |
| Chambers County Alabama | 2 | $ 128,000 | $ 64,000 | $ 41,000 |
| Chilton County Alabama | 2 | $ 289,000 | $ 144,000 | $ 62,000 |
| Clarke County Alabama | 2 | $ 309,000 | $ 154,000 | $ 81,000 |
| Colbert County Alabama | 2 | $ 175,000 | $ 87,000 | $ 51,000 |
| Elmore County Alabama | 2 | $ 364,000 | $ 182,000 | $ 76,000 |
| Houston County Alabama | 2 | $ 197,000 | $ 98,000 | $ 61,000 |
| Lawrence County Alabama | 2 | $ 187,000 | $ 93,000 | $ 44,000 |
| Marshall County Alabama | 2 | $ 210,000 | $ 105,000 | $ 34,000 |
| New Haven County Connecticut | 2 | $ 349,000 | $ 174,000 | $ 69,000 |
| New London County Connecticut | 2 | $ 2,130,000 | $ 1,065,000 | $ 330,000 |
| Bay County Florida | 2 | $ 995,000 | $ 497,000 | $ 607,000 |
| Cook County Illinois | 2 | $ 722,000 | $ 361,000 | $ 90,000 |
| Ascension County Louisiana | 2 | $ 922,000 | $ 461,000 | $ 135,000 |
| Lafayette County Louisiana | 2 | $ 321,000 | $ 160,000 | $ 64,000 |
| St. Tammany County Louisiana | 2 | $ 327,000 | $ 163,000 | $ 38,000 |
| Calhoun County Mississippi | 2 | $ 116,000 | $ 58,000 | $ 35,000 |
| Chickasaw County Mississippi | 2 | $ 132,000 | $ 66,000 | $ 23,000 |
| Hancock County Mississippi | 2 | $ 216,000 | $ 108,000 | $ 47,000 |
| Lawrence County Mississippi | 2 | $ 105,000 | $ 52,000 | $ 33,000 |
| Lee County Mississippi | 2 | $ 162,000 | $ 81,000 | $ 46,000 |
| Pike County Mississippi | 2 | $ 308,000 | $ 154,000 | $ 51,000 |
| Walthall County Mississippi | 2 | $ 761,000 | $ 380,000 | $ 112,000 |
| Warren County Mississippi | 2 | $ 165,000 | $ 82,000 | $ 31,000 |
| Yazoo County Mississippi | 2 | $ 161,000 | $ 80,000 | $ 24,000 |
| Cass County Missouri | 2 | $ 390,000 | $ 195,000 | $ 34,000 |
| Brunswick County North Carolina | 2 | $ 371,000 | $ 185,000 | $ 229,000 |
| Craven County North Carolina | 2 | $ 270,000 | $ 135,000 | $ 36,000 |
| Franklin County North Carolina | 2 | $ 302,000 | $ 151,000 | $ 65,000 |
| Mecklenburg County North Carolina | 2 | $ 248,000 | $ 124,000 | $ 31,000 |
| Claiborne County Tennessee | 2 | $ 175,000 | $ 87,000 | $ 48,000 |
| Henry County Tennessee | 2 | $ 204,000 | $ 102,000 | $ 47,000 |
| Weakley County Tennessee | 2 | $ 104,000 | $ 52,000 | $ 45,000 |
| Wilson County Tennessee | 2 | $ 415,000 | $ 207,000 | $ 141,000 |
| Bibb County Alabama | 1 | $ 55,000 | $ 55,000 | $ 23,000 |
| Choctaw County Alabama | 1 | $ 105,000 | $ 105,000 | $ 65,000 |
| Crenshaw County Alabama | 1 | $ 72,000 | $ 72,000 | $ 28,000 |
| Dale County Alabama | 1 | $ 71,000 | $ 71,000 | $ 33,000 |
| Dallas County Alabama | 1 | $ 74,000 | $ 74,000 | $ 25,000 |
| Fayette County Alabama | 1 | $ 61,000 | $ 61,000 | $ 60,000 |
| Marion County Alabama | 1 | $ 252,000 | $ 252,000 | $ 104,000 |
| Randolph County Alabama | 1 | $ 138,000 | $ 138,000 | $ 41,000 |
| Russell County Alabama | 1 | $ 64,000 | $ 64,000 | $ 48,000 |
| St. Clair County Alabama | 1 | $ 428,000 | $ 428,000 | $ 115,000 |
| Walker County Alabama | 1 | $ 144,000 | $ 144,000 | $ 70,000 |
| Washington County Alabama | 1 | $ 159,000 | $ 159,000 | $ 81,000 |
| Wilcox County Alabama | 1 | $ 70,000 | $ 70,000 | $ 48,000 |
| Litchfield County Connecticut | 1 | $ 1,935,000 | $ 1,935,000 | $ 480,000 |
| Escambia County Florida | 1 | $ 237,000 | $ 237,000 | $ 66,000 |
| Miami-Dade County Florida | 1 | $ 336,000 | $ 336,000 | $ 86,000 |
| Orange County Florida | 1 | $ 298,000 | $ 298,000 | $ 66,000 |
| Palm Beach County Florida | 1 | $ 656,000 | $ 656,000 | $ 294,000 |
| Pasco County Florida | 1 | $ 98,000 | $ 98,000 | $ 25,000 |
| Santa Rosa County Florida | 1 | $ 33,000 | $ 33,000 | $ 63,000 |
| Sarasota County Florida | 1 | $ 200,000 | $ 200,000 | $ 1,992,000 |
| Barrow County Georgia | 1 | $ 107,000 | $ 107,000 | $ 37,000 |
| Bibb County Georgia | 1 | $ 113,000 | $ 113,000 | $ 70,000 |
| Carroll County Georgia | 1 | $ 138,000 | $ 138,000 | $ 46,000 |
| Cherokee County Georgia | 1 | $ 207,000 | $ 207,000 | $ 97,000 |
| Forsyth County Georgia | 1 | $ 241,000 | $ 241,000 | $ 107,000 |
| Franklin County Georgia | 1 | $ 133,000 | $ 133,000 | $ 62,000 |
| Hall County Georgia | 1 | $ 117,000 | $ 117,000 | $ 44,000 |
| Harris County Georgia | 1 | $ 146,000 | $ 146,000 | $ 85,000 |
| Jasper County Georgia | 1 | $ 301,000 | $ 301,000 | $ 68,000 |
| Meriwether County Georgia | 1 | $ 109,000 | $ 109,000 | $ 40,000 |
| Murray County Georgia | 1 | $ 118,000 | $ 118,000 | $ 34,000 |
| Paulding County Georgia | 1 | $ 235,000 | $ 235,000 | $ 58,000 |
| Polk County Georgia | 1 | $ 90,000 | $ 90,000 | $ 32,000 |
| Putnam County Georgia | 1 | $ 309,000 | $ 309,000 | $ 76,000 |
| Rockdale County Georgia | 1 | $ 218,000 | $ 218,000 | $ 26,000 |
| Twiggs County Georgia | 1 | $ 78,000 | $ 78,000 | $ 55,000 |
| Walker County Georgia | 1 | $ 122,000 | $ 122,000 | $ 43,000 |
| Cass County Illinois | 1 | $ 57,000 | $ 57,000 | $ 18,000 |
| Madison County Illinois | 1 | $ 75,000 | $ 75,000 | $ 145,000 |
| McHenry County Illinois | 1 | $ 152,000 | $ 152,000 | $ 55,000 |
| St. Clair County Illinois | 1 | $ 142,000 | $ 142,000 | $ 41,000 |
| Bartholomew County Indiana | 1 | $ 62,000 | $ 62,000 | $ 23,000 |
| Oldham County Kentucky | 1 | $ 59,000 | $ 59,000 | $ 49,000 |
| Assumption County Louisiana | 1 | $ 509,000 | $ 509,000 | $ 156,000 |
| Caddo County Louisiana | 1 | $ 152,000 | $ 152,000 | $ 53,000 |
| Rapides County Louisiana | 1 | $ 133,000 | $ 133,000 | $ 45,000 |
| St. John the Baptist County Louisiana | 1 | $ 183,000 | $ 183,000 | $ 54,000 |
| Tangipahoa County Louisiana | 1 | $ 338,000 | $ 338,000 | $ 50,000 |
| Terrebonne County Louisiana | 1 | $ 191,000 | $ 191,000 | $ 60,000 |
| West Baton Rouge County Louisiana | 1 | $ 209,000 | $ 209,000 | $ 98,000 |
| Alcorn County Mississippi | 1 | $ 53,000 | $ 53,000 | $ 27,000 |
| Choctaw County Mississippi | 1 | $ 51,000 | $ 51,000 | $ 19,000 |
| Clarke County Mississippi | 1 | $ 95,000 | $ 95,000 | $ 50,000 |
| Forrest County Mississippi | 1 | $ 75,000 | $ 75,000 | $ 31,000 |
| Jasper County Mississippi | 1 | $ 85,000 | $ 85,000 | $ 38,000 |
| Jefferson County Mississippi | 1 | $ 417,000 | $ 417,000 | $ 151,000 |
| Lowndes County Mississippi | 1 | $ 66,000 | $ 66,000 | $ 38,000 |
| Monroe County Mississippi | 1 | $ 82,000 | $ 82,000 | $ 53,000 |
| Oktibbeha County Mississippi | 1 | $ 106,000 | $ 106,000 | $ 27,000 |
| Pontotoc County Mississippi | 1 | $ 57,000 | $ 57,000 | $ 52,000 |
| Scott County Mississippi | 1 | $ 67,000 | $ 67,000 | $ 25,000 |
| Tishomingo County Mississippi | 1 | $ 119,000 | $ 119,000 | $ 32,000 |
| Winston County Mississippi | 1 | $ 55,000 | $ 55,000 | $ 17,000 |
| Christian County Missouri | 1 | $ 127,000 | $ 127,000 | $ 63,000 |
| Franklin County Missouri | 1 | $ 154,000 | $ 154,000 | $ 33,000 |
| Jasper County Missouri | 1 | $ 95,000 | $ 95,000 | $ 20,000 |
| Newton County Missouri | 1 | $ 77,000 | $ 77,000 | $ 18,000 |
| Putnam County Missouri | 1 | $ 150,000 | $ 150,000 | $ 20,000 |
| Carteret County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 53,000 |
| Harnett County North Carolina | 1 | $ 159,000 | $ 159,000 | $ 97,000 |
| Hoke County North Carolina | 1 | $ 156,000 | $ 156,000 | $ 93,000 |
| McDowell County North Carolina | 1 | $ 147,000 | $ 147,000 | $ 43,000 |
| Moore County North Carolina | 1 | $ 171,000 | $ 171,000 | $ 42,000 |
| Nash County North Carolina | 1 | $ 137,000 | $ 137,000 | $ 33,000 |
| Surry County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 30,000 |
| Wilson County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 53,000 |
| Charleston County South Carolina | 1 | $ 129,000 | $ 129,000 | $ 38,000 |
| Florence County South Carolina | 1 | $ 66,000 | $ 66,000 | $ 30,000 |
| Georgetown County South Carolina | 1 | $ 82,000 | $ 82,000 | $ 40,000 |
| Greenville County South Carolina | 1 | $ 96,000 | $ 96,000 | $ 32,000 |
| Richland County South Carolina | 1 | $ 279,000 | $ 279,000 | $ 97,000 |
| Bledsoe County Tennessee | 1 | $ 103,000 | $ 103,000 | $ 44,000 |
| Blount County Tennessee | 1 | $ 109,000 | $ 109,000 | $ 44,000 |
| Cheatham County Tennessee | 1 | $ 89,000 | $ 89,000 | $ 38,000 |
| Hardeman County Tennessee | 1 | $ 77,000 | $ 77,000 | $ 31,000 |
| Knox County Tennessee | 1 | $ 195,000 | $ 195,000 | $ 161,000 |
| Lawrence County Tennessee | 1 | $ 141,000 | $ 141,000 | $ 40,000 |
| Lincoln County Tennessee | 1 | $ 167,000 | $ 167,000 | $ 76,000 |
| Madison County Tennessee | 1 | $ 84,000 | $ 84,000 | $ 36,000 |
| Meigs County Tennessee | 1 | $ 178,000 | $ 178,000 | $ 43,000 |
| Monroe County Tennessee | 1 | $ 72,000 | $ 72,000 | $ 14,000 |
| Putnam County Tennessee | 1 | $ 89,000 | $ 89,000 | $ 27,000 |
| Rhea County Tennessee | 1 | $ 51,000 | $ 51,000 | $ 50,000 |
| Sevier County Tennessee | 1 | $ 110,000 | $ 110,000 | $ 41,000 |
| Tipton County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 38,000 |
| Williamson County Tennessee | 1 | $ 228,000 | $ 228,000 | $ 87,000 |
| Smith County Texas | 1 | $ 63,000 | $ 63,000 | $ 44,000 |
| Tarrant County Texas | 1 | $ 145,000 | $ 145,000 | $ 54,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Alabama,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for First Choice Funding, Inc. in 2007
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 | 746 | $99,851,000 | $133,000 | $1,935,000 | $63,000 | $1,992,000 |
| Refinancing | 151 | $21,015,000 | $139,000 | $736,000 | $57,000 | $229,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $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 |
|---|---|---|---|---|---|---|
| Black or African American | 360 | $42,510,000 | $118,000 | $796,000 | $54,000 | $816,000 |
| White | 277 | $40,059,000 | $144,000 | $960,000 | $71,000 | $1,992,000 |
| Not Provided | 237 | $33,056,000 | $139,000 | $1,935,000 | $62,000 | $1,764,000 |
| Hispanic | 17 | $4,582,000 | $269,000 | $1,205,000 | $111,000 | $480,000 |
| Asian | 4 | $459,000 | $114,000 | $167,000 | $67,000 | $118,000 |
| American Indian or Alaskan Native | 2 | $200,000 | $100,000 | $149,000 | $58,000 | $66,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 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) | 804 | $108,109,000 | $134,000 | $1,935,000 | $63,000 | $1,992,000 |
| FHA-insured (Federal Housing Administration) | 82 | $11,014,000 | $134,000 | $336,000 | $51,000 | $136,000 |
| VA-guaranteed (Veterans Administration) | 10 | $1,596,000 | $159,000 | $244,000 | $58,000 | $94,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $147,000 | $147,000 | $147,000 | $46,000 | $46,000 |
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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 440 | $56,802,000 | $129,000 | $1,935,000 | $63,000 | $1,992,000 |
| Loan Originated | 292 | $39,491,000 | $135,000 | $796,000 | $60,000 | $607,000 |
| File Closed For Incompleteness | 83 | $12,313,000 | $148,000 | $950,000 | $68,000 | $1,437,000 |
| Application Withdrawn By Applicant | 44 | $7,775,000 | $176,000 | $1,205,000 | $71,000 | $480,000 |
| Application Approved But Not Accepted | 37 | $4,376,000 | $118,000 | $550,000 | $50,000 | $168,000 |
| Preapproval Denied by Financial Institution | 1 | $109,000 | $109,000 | $109,000 | $20,000 | $20,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 | 214 | $25,681,000 | $120,000 | $1,170,000 | $62,000 | $1,992,000 |
| Other | 71 | $9,842,000 | $138,000 | $1,935,000 | $80,000 | $1,764,000 |
| Debt-To-Income Ratio | 9 | $1,515,000 | $168,000 | $640,000 | $41,000 | $142,000 |
| Employment History | 8 | $618,000 | $77,000 | $115,000 | $40,000 | $58,000 |
| Collateral | 7 | $587,000 | $83,000 | $150,000 | $63,000 | $180,000 |
| Unverifiable Information | 6 | $1,095,000 | $182,000 | $656,000 | $87,000 | $294,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $403,000 | $100,000 | $143,000 | $41,000 | $66,000 |
| Credit Application Incomplete | 3 | $238,000 | $79,000 | $88,000 | $37,000 | $51,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in AL, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Alabama, and search similar information at your convenience.