Redstone Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2019
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 Redstone Federal Credit Union.
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 | Redstone Federal Credit Union 220 Wynn Drive Huntsville, AL 35893 Tel #: available with data download |
| Federal Regulator | * available with data download |
| 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 | 5,262 |
| Total Mortgage Loan Application Amount | $588,350,000 |
| Average Mortgage Loan Application Amount | $111,833 |
| Highest Mortgage Loan Application Amount | $1,675,000 |
| Average Applicant Income | $90,666 |
| Highest Applicant Income | $1,156,000 |
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 |
|---|---|---|---|---|
| Madison County Alabama | 2,671 | $ 286,815,000 | $ 107,000 | $ 95,000 |
| Limestone County Alabama | 568 | $ 67,750,000 | $ 119,000 | $ 90,000 |
| Morgan County Alabama | 485 | $ 49,455,000 | $ 101,000 | $ 86,000 |
| Marshall County Alabama | 266 | $ 27,080,000 | $ 101,000 | $ 80,000 |
| Rutherford County Tennessee | 210 | $ 29,500,000 | $ 140,000 | $ 93,000 |
| Jackson County Alabama | 144 | $ 13,850,000 | $ 96,000 | $ 82,000 |
| Lincoln County Tennessee | 135 | $ 13,535,000 | $ 100,000 | $ 77,000 |
| Cullman County Alabama | 73 | $ 7,455,000 | $ 102,000 | $ 77,000 |
| Lawrence County Alabama | 52 | $ 5,620,000 | $ 108,000 | $ 75,000 |
| Jefferson County Alabama | 35 | $ 3,995,000 | $ 114,000 | $ 108,000 |
| Davidson County Tennessee | 35 | $ 6,985,000 | $ 199,000 | $ 116,000 |
| DeKalb County Alabama | 33 | $ 2,785,000 | $ 84,000 | $ 62,000 |
| Lauderdale County Alabama | 29 | $ 3,525,000 | $ 121,000 | $ 88,000 |
| Giles County Tennessee | 23 | $ 2,445,000 | $ 106,000 | $ 123,000 |
| Williamson County Tennessee | 23 | $ 4,265,000 | $ 185,000 | $ 107,000 |
| Franklin County Tennessee | 18 | $ 2,840,000 | $ 157,000 | $ 113,000 |
| Bedford County Tennessee | 17 | $ 1,785,000 | $ 105,000 | $ 81,000 |
| Blount County Alabama | 16 | $ 1,910,000 | $ 119,000 | $ 78,000 |
| Etowah County Alabama | 15 | $ 1,665,000 | $ 111,000 | $ 61,000 |
| Maury County Tennessee | 14 | $ 1,940,000 | $ 138,000 | $ 149,000 |
| Winston County Alabama | 13 | $ 2,545,000 | $ 195,000 | $ 117,000 |
| Wilson County Tennessee | 13 | $ 2,775,000 | $ 213,000 | $ 91,000 |
| Colbert County Alabama | 12 | $ 1,220,000 | $ 101,000 | $ 91,000 |
| Coffee County Tennessee | 10 | $ 1,200,000 | $ 120,000 | $ 72,000 |
| Lee County Alabama | 7 | $ 1,185,000 | $ 169,000 | $ 144,000 |
| Shelby County Alabama | 6 | $ 990,000 | $ 165,000 | $ 87,000 |
| Sevier County Tennessee | 6 | $ 590,000 | $ 98,000 | $ 165,000 |
| Baldwin County Alabama | 5 | $ 1,075,000 | $ 215,000 | $ 164,000 |
| Mobile County Alabama | 5 | $ 845,000 | $ 169,000 | $ 120,000 |
| Tuscaloosa County Alabama | 5 | $ 1,205,000 | $ 241,000 | $ 108,000 |
| Sumner County Tennessee | 5 | $ 335,000 | $ 67,000 | $ 101,000 |
| Calhoun County Alabama | 4 | $ 270,000 | $ 67,000 | $ 66,000 |
| Elmore County Alabama | 4 | $ 390,000 | $ 97,000 | $ 70,000 |
| Montgomery County Alabama | 4 | $ 420,000 | $ 105,000 | $ 82,000 |
| St. Clair County Alabama | 4 | $ 610,000 | $ 152,000 | $ 99,000 |
| Cannon County Tennessee | 4 | $ 520,000 | $ 130,000 | $ 70,000 |
| Hamilton County Tennessee | 4 | $ 670,000 | $ 167,000 | $ 106,000 |
| Chilton County Alabama | 3 | $ 95,000 | $ 31,000 | $ 18,000 |
| Houston County Alabama | 3 | $ 145,000 | $ 48,000 | $ 104,000 |
| Talladega County Alabama | 3 | $ 265,000 | $ 88,000 | $ 83,000 |
| Marshall County Tennessee | 3 | $ 535,000 | $ 178,000 | $ 79,000 |
| Montgomery County Tennessee | 3 | $ 655,000 | $ 218,000 | $ 100,000 |
| Robertson County Tennessee | 3 | $ 235,000 | $ 78,000 | $ 140,000 |
| Shelby County Tennessee | 3 | $ 175,000 | $ 58,000 | $ 116,000 |
| Franklin County Alabama | 2 | $ 110,000 | $ 55,000 | $ 65,000 |
| Lamar County Alabama | 2 | $ 40,000 | $ 20,000 | $ 60,000 |
| Macon County Alabama | 2 | $ 420,000 | $ 210,000 | $ 56,000 |
| Tallapoosa County Alabama | 2 | $ 160,000 | $ 80,000 | $ 52,000 |
| Blount County Tennessee | 2 | $ 60,000 | $ 30,000 | $ 89,000 |
| Dickson County Tennessee | 2 | $ 550,000 | $ 275,000 | $ 176,000 |
| Lawrence County Tennessee | 2 | $ 180,000 | $ 90,000 | $ 98,000 |
| Marion County Tennessee | 2 | $ 420,000 | $ 210,000 | $ 162,000 |
| Moore County Tennessee | 2 | $ 290,000 | $ 145,000 | $ 86,000 |
| Warren County Tennessee | 2 | $ 240,000 | $ 120,000 | $ 40,000 |
| Choctaw County Alabama | 1 | $ 15,000 | $ 15,000 | $ 64,000 |
| Covington County Alabama | 1 | $ 45,000 | $ 45,000 | $ 13,000 |
| Dallas County Alabama | 1 | $ 45,000 | $ 45,000 | $ 109,000 |
| Fayette County Alabama | 1 | $ 45,000 | $ 45,000 | $ 90,000 |
| Lee County Florida | 1 | $ 65,000 | $ 65,000 | $ 102,000 |
| Fulton County Georgia | 1 | $ 15,000 | $ 15,000 | $ 154,000 |
| Gwinnett County Georgia | 1 | $ 25,000 | $ 25,000 | $ 36,000 |
| Benton County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 132,000 |
| Bradley County Tennessee | 1 | $ 225,000 | $ 225,000 | $ 80,000 |
| Decatur County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 34,000 |
| DeKalb County Tennessee | 1 | $ 115,000 | $ 115,000 | $ 30,000 |
| Gibson County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 96,000 |
| McMinn County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 41,000 |
| Scott County Tennessee | 1 | $ 55,000 | $ 55,000 | $ 65,000 |
| Smith County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 61,000 |
| Trousdale County Tennessee | 1 | $ 125,000 | $ 125,000 | $ 55,000 |
| White County Tennessee | 1 | $ 165,000 | $ 165,000 | $ 56,000 |
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 Redstone Federal Credit Union in 2019
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 | 1,637 | $256,085,000 | $156,000 | $785,000 | $78,000 | $858,000 |
| Home Improvement | 1,232 | $59,260,000 | $48,000 | $305,000 | $95,000 | $840,000 |
| Refinancing | 1,030 | $159,910,000 | $155,000 | $1,675,000 | $95,000 | $1,156,000 |
| Other Purpose | 907 | $45,525,000 | $50,000 | $305,000 | $95,000 | $600,000 |
| Cash-out Refinancing | 444 | $66,210,000 | $149,000 | $705,000 | $94,000 | $361,000 |
| Not Applicable | 12 | $1,360,000 | $113,000 | $385,000 | $87,000 | $212,000 |
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 | 3,966 | $441,870,000 | $111,000 | $715,000 | $91,000 | $858,000 |
| Black or African American | 689 | $71,525,000 | $103,000 | $595,000 | $78,000 | $1,156,000 |
| Not Provided | 257 | $30,095,000 | $117,000 | $525,000 | $113,000 | $420,000 |
| Hispanic | 162 | $17,290,000 | $106,000 | $675,000 | $81,000 | $274,000 |
| American Indian or Alaskan Native | 71 | $6,895,000 | $97,000 | $385,000 | $70,000 | $183,000 |
| Asian | 65 | $9,725,000 | $149,000 | $785,000 | $114,000 | $392,000 |
| Not applicable | 33 | $7,275,000 | $220,000 | $1,675,000 | $96,000 | $96,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $605,000 | $201,000 | $255,000 | $66,000 | $83,000 |
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 |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 5,054 | $542,940,000 | $107,000 | $1,675,000 | $90,000 | $858,000 |
| VA-guaranteed (Veterans Administration) | 164 | $38,860,000 | $236,000 | $595,000 | $104,000 | $1,156,000 |
| FHA-insured (Federal Housing Administration) | 23 | $3,565,000 | $155,000 | $275,000 | $60,000 | $156,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 21 | $2,985,000 | $142,000 | $265,000 | $55,000 | $99,000 |
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 | 2,928 | $321,890,000 | $109,000 | $1,675,000 | $94,000 | $826,000 |
| Application Withdrawn By Applicant | 907 | $140,875,000 | $155,000 | $675,000 | $97,000 | $1,156,000 |
| Application Denied By Financial Institution | 895 | $61,665,000 | $68,000 | $905,000 | $76,000 | $780,000 |
| Application Approved But Not Accepted | 184 | $16,650,000 | $90,000 | $475,000 | $86,000 | $264,000 |
| File Closed For Incompleteness | 159 | $21,495,000 | $135,000 | $715,000 | $95,000 | $571,000 |
| Preapproval Denied by Financial Institution | 138 | $18,750,000 | $135,000 | $785,000 | $48,000 | $287,000 |
| Preapproval Approved but not Accepted | 51 | $7,025,000 | $137,000 | $295,000 | $64,000 | $187,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Not applicable | 4,229 | $507,935,000 | $120,000 | $1,675,000 | $94,000 | $1,156,000 |
| Credit History | 409 | $23,965,000 | $58,000 | $445,000 | $64,000 | $600,000 |
| Other | 281 | $19,745,000 | $70,000 | $705,000 | $74,000 | $780,000 |
| Collateral | 164 | $10,770,000 | $65,000 | $435,000 | $119,000 | $274,000 |
| Debt-To-Income Ratio | 154 | $21,520,000 | $139,000 | $385,000 | $43,000 | $190,000 |
| Employment History | 14 | $2,260,000 | $161,000 | $785,000 | $71,000 | $287,000 |
| Unverifiable Information | 6 | $820,000 | $136,000 | $235,000 | $77,000 | $280,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $1,335,000 | $267,000 | $905,000 | $41,000 | $48,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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.