Washington County AL
Mortgage Loan Application
Totals and Details
for 2008
Find mortgage statistics and lending data for the Washington 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 Washington 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 | 701 |
| Total Mortgage Loan Application Amount | $62,124,000 |
| Average Mortgage Loan Application Amount | $88,000 |
| Highest Mortgage Loan Application Amount | $850,000 |
| Average Applicant Income | $61,000 |
| Highest Applicant Income | $560,000 |
* 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 |
|---|---|---|---|---|
| MERCHANTS BANK 1901 COLLEGE AVENUE JACKSON, AL 36545 |
* | $ 186,522,000 | 48 | $ 2,480,000 |
| FIRST COMMUNITY BANK 34 COURT STREET CHATOM, AL 36518 |
* | $ 325,484,000 | 44 | $ 3,000,000 |
| COUNTRYWIDE BANK FSB 30930 RUSSELL RANCH ROAD MS CA6-916-02-0 WESTLAKE VILLAGE, CA 91362 |
* | $ 121,054,736,000 | 43 | $ 4,969,000 |
| FIRST STATE BANK P O BOX 506 WAYNESBORO, MS 39367 |
* | $ 376,375,000 | 38 | $ 3,260,000 |
| REGIONS BANK 1900 5TH AVENUE N - ALBH10903B BIRMINGHAM, AL 35203 |
* | $ 137,049,763,000 | 38 | $ 3,302,000 |
| THE MORTGAGE OUTLET, INC. 1800 SANDY PLAINS PKWY. SUITE 304 MARIETTA, GA 30066 |
* | $ 10,000,000 | 36 | $ 2,874,000 |
| JPMORGAN CHASE BANK, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,318,888,000,000 | 33 | $ 3,709,000 |
| CITIFINANCIAL CORPORATION 300 ST. PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 32 | $ 1,486,000 |
| FIRST US BANK P O BOX 249 THOMASVILLE, AL 36784 |
* | $ 658,674,000 | 26 | $ 1,299,000 |
| ACCEPTANCE LOAN COMPANY 121 WEST CHURCH STREET JACKSON, AL 36545 |
* | $ 70,000,000 | 24 | $ 650,000 |
| CITIMORTGAGE, INC 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 21 | $ 2,593,000 |
| US BANK, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 232,759,503,000 | 15 | $ 1,031,000 |
| GMAC MORTGAGE LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 15 | $ 1,768,000 |
| WELLS FARGO BANK, NA 1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042 DES MOINES, IA 50328 |
* | $ 467,861,000,000 | 13 | $ 1,247,000 |
| WELLS FARGO FIN'L ALABAMA, INC 800 WALNUT ST, 6TH FLOOR, MAC F4031-061 DES MOINES, IA 50309 |
* | $ 36,752,895,000 | 13 | $ 1,051,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 10 | $ 1,293,000 |
| CIMARRON MORTGAGE COMPANY 6311 RIDGEWOOD RD, SUITE 400W JACKSON, MS 39211 |
* | $ 10,000,000 | 9 | $ 1,349,000 |
| HFC COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 15,000,000 | 9 | $ 787,000 |
| WELLS FARGO FUNDING, INC 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 9 | $ 1,034,000 |
| NEW SOUTH FEDERAL SAVINGS BANK 1900 CRESTWOOD BOULEVARD BIRMINGHAM, AL 35210 |
* | $ 1,901,132,000 | 7 | $ 747,000 |
| FIRST RESIDENTIAL MORTGAGE 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 7 | $ 1,047,000 |
| MORTGAGEAMERICA, INC. 1800 INTERNATIONAL PARK DR, SUITE 100 BIRMINGHAM, AL 35243 |
* | $ 10,000,000 | 6 | $ 896,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 6 | $ 621,000 |
| AMTRUST BANK 1801 E. 9TH ST #200 CLEVELAND, OH 44114 |
* | $ 16,938,391,000 | 6 | $ 573,000 |
| RENASANT BANK 209 TROY ST., P.O. BOX 709 TUPELO, MS 38802 |
* | $ 3,608,000,000 | 6 | $ 802,000 |
| COMMUNITY BANK, COAST P. O. BOX 7588 GULFPORT, MS 39506 |
* | $ 396,161,000 | 5 | $ 202,000 |
| FIRST FEDERAL 2440 MALL DR SUITE 100 NORTH CHARLESTON, SC 29406 |
* | $ 2,784,161,000 | 5 | $ 228,000 |
| FIDELITY BANK 100 E ENGLISH WICHITA, KS 67202 |
* | $ 1,816,477,000 | 5 | $ 96,000 |
| WELLS FARGO BANK, NA 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 653,269,000,000 | 5 | $ 394,000 |
| ALABAMA 1ST CAPITAL CU 1000 JACK WARNER PKWY NE TUSCALOOSA, AL 35404 |
* | $ 41,289,000 | 5 | $ 346,000 |
| FRANKLIN AMERICAN MORTGAGE CO 501 CORPORATE CENTRE DRIVE, SUITE 400 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 5 | $ 704,000 |
| TAYLOR, BEAN & WHITAKER 315 NE 14TH STREET OCALA, FL 34470 |
* | $ 10,000,000 | 5 | $ 619,000 |
| FREEDOM MORTGAGE CORP. 10500 KINCAID DR. STE. 300 FISHERS, IN 46037 |
* | $ 10,000,000 | 4 | $ 417,000 |
| CONSUMER FIRST MORTGAGE, INC. 511 ENERGY CENTER BLVD, SUITE 702 NORTHPORT, AL 35473 |
* | $ 10,000,000 | 4 | $ 491,000 |
| CU FACTORY BUILT LENDING, LP 6061 IH-10 WEST SAN ANTONIO, TX 78201 |
* | $ 1,761,607,000 | 4 | $ 219,000 |
| HAMILTON MORTGAGE 1 INDEPENDENCE PLAZA, SUITE 416 BIRMINGHAM, AL 35209 |
* | $ 10,000,000 | 4 | $ 561,000 |
| BBVA USA 15 SOUTH 20TH STREET BIRMINGHAM, AL 35233 |
* | $ 43,810,702,000 | 4 | $ 386,000 |
| STATE FARM BANK 1 STATE FARM PLAZA BLOOMINGTON, IL 61710 |
* | $ 15,898,003,000 | 4 | $ 593,000 |
| ALLY BANK F/K/A/ GMAC BANK 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 28,404,352,000 | 4 | $ 524,000 |
| ATLANTIC COAST BANK 505 HAINES AVENUE WAYCROSS, GA 31501 |
* | $ 922,061,000 | 3 | $ 66,000 |
| CITICORP TRUST BANK, FSB 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 18,878,056,000 | 3 | $ 337,000 |
| PILOT BANK 12471 W. LINEBAUGH AVE TAMPA, FL 33626 |
* | $ 235,815,000 | 3 | $ 91,000 |
| RICHTON BANK & TRUST COMPANY 114 S FRONT STREET (PO BOX 527) RICHTON, MS 39476 |
* | $ 84,403,000 | 3 | $ 228,000 |
| HOMEPLUS FINANCE CORPORATION 2143 S. SEPULVEDA BLVD LOS ANGELES, CA 90025 |
* | $ 40,000,000 | 3 | $ 56,000 |
| HOMETOWN MORTGAGE SERVICES INC 5511 HWY 280 E STE 210 BIRMINGHAM, AL 35242 |
* | $ 10,000,000 | 3 | $ 327,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 3 | $ 473,000 |
| PLAZA HOME MORTGAGE, INC 5090 SHOREHAM PLACE, SUITE #206 SAN DIEGO, CA 92122 |
* | $ 10,000,000 | 3 | $ 353,000 |
| ORIGEN FINANCIAL SERVICES LLC 27777 FRANKLIN ROAD SUITE 1710 SOUTHFIELD, MI 48034 |
* | $ 10,000,000 | 3 | $ 129,000 |
| AMERITRUST MORTGAGE INC. 11016 RUSHMORE DRIVE, SUITE 200 CHARLOTTE, NC 28277 |
* | $ 10,000,000 | 3 | $ 506,000 |
| IDEAL MORTGAGE BANKERS, LTD 520 BROADHOLLOW ROAD MELVILLE, NY 11747 |
* | $ 10,000,000 | 3 | $ 338,000 |
| HOMECOMINGS FINANCIAL LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 10,000,000 | 2 | $ 230,000 |
| APCO EMPLOYEES 750 17TH STREET NORTH BIRMINGHAM, AL 35203 |
* | $ 1,513,675,000 | 2 | $ 112,000 |
| SHORE MORTGAGE 770 S. ADAMS ROAD #300 BIRMINGHAM, MI 48009 |
* | $ 10,000,000 | 2 | $ 167,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ 11,000,000 | 2 | $ 333,000 |
| GMS FUNDING, LLC 824 MEETING STREET WEST COLUMBIA, SC 29169 |
* | $ 417,745,000 | 2 | $ 238,000 |
| EQUIFIRST CORPORATION 13000 S TRYON ST, STE F, PMB 317 CHARLOTTE, NC 28278 |
* | $ 343,735,670,000 | 2 | $ 238,000 |
| BENEFICIAL FINANCIAL I, INC. 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 11,000,000 | 2 | $ 154,000 |
| BANKPLUS 1068 HIGHLAND COLONY PARKWAY RIDGELAND, MS 39157 |
* | $ 2,021,855,000 | 2 | $ 14,000 |
| CLAYTON BANK AND TRUST 520 WEST SUMMIT HILL DRIVE SUITE 801 KNOXVILLE, TN 37902 |
* | $ 449,259,000 | 2 | $ 157,000 |
| COLONIAL BANK P. O BOX 1108 MONTGOMERY, AL 36101 |
* | $ 25,937,048,000 | 2 | $ 133,000 |
| BRANCH BANKING AND TRUST CO 223 W NASH STREET WILSON, NC 27893 |
* | $ 127,698,351,000 | 2 | $ 268,000 |
| CRESCENT MORTGAGE COMPANY 5901 PEACHTREE DUNWOODY RD NE BLG C, 250 ATLANTA, GA 30328 |
* | $ 978,554,000 | 2 | $ 261,000 |
| CITIBANK, N.A. 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,251,715,000,000 | 2 | $ 175,000 |
| TRUSTMARK NATIONAL BANK PO BOX 291 JACKSON, MS 39205 |
* | $ 8,826,746,000 | 2 | $ 297,000 |
| CAPITAL ONE NA 11130 INDUSTRIALPLEX BLVD BATON ROUGE, LA 70809 |
* | $ 97,517,902,000 | 2 | $ 16,000 |
| GREAT SOUTHERN NATIONAL BANK P O BOX 1271 MERIDIAN, MS 39302 |
* | $ 239,963,000 | 2 | $ 78,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 30,219,506,000 | 2 | $ 224,000 |
| GATEWAY BANK, FSB 2336 MERCED STREET SAN LEANDRO, CA 94577 |
* | $ 403,955,000 | 2 | $ 180,000 |
| WACHOVIA MORTGAGE FSB TONYA YOUNG 100 N MAIN ST MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 56,294,475,000 | 2 | $ 914,000 |
| SUPERIOR BANK 17 NORTH 20TH STREET BIRMINGHAM, AL 35203 |
* | $ 2,859,983,000 | 2 | $ 255,000 |
| GE MONEY BANK 4246 SOUTH RIVERBOAT RDCSUITE 200 SALT LAKE CITY, UT 84123 |
* | $ 14,839,190,000 | 2 | $ 25,000 |
| NFCU 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 33,011,920,000 | 2 | $ 147,000 |
| AMERICA'S FIRST 1200 4TH AVENUE NORTH BIRMINGHAM, AL 35203 |
* | $ 805,933,000 | 1 | $ 100,000 |
| PEN AIR FEDERAL CREDIT UNION 1495 EAST NINE MILE ROAD PENSACOLA, FL 32514 |
* | $ 857,977,000 | 1 | $ 70,000 |
| ADMIRALS BANK FORMER DOMESTIC 815 RESERVOIR AVE CRANSTON, RI 02910 |
* | $ 258,853,000 | 1 | $ 15,000 |
| FIRST FEDERAL BANK 1300 MCFARLAND BOULEVARD NE TUSCALOOSA, AL 35406 |
* | $ 138,580,000 | 1 | $ 140,000 |
| HANCOCK BANK OF ALABAMA 127 DAUPHIN ST MOBILE, AL 36602 |
* | $ 49,210,000 | 1 | $ 79,000 |
| NPB MORTGAGE LLC 3333 DEPOSIT DRIVE NE GRAND RAPIDS, MI 49546 |
* | $ 145,000,000 | 1 | $ 40,000 |
| GUARANTY TRUST COMPANY 316 ROBERT ROSE DRIVE MURFREESBORO, TN 37129 |
* | $ 225,000,000 | 1 | $ 165,000 |
| NORTH AMERICAN SAVINGS BANK 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 1,507,032,000 | 1 | $ 182,000 |
| AFFILIATED MORTGAGE COMPANY 1301 HUDSON LANE MONROE, LA 71201 |
* | $ 212,423,000 | 1 | $ 112,000 |
| BAY BANK 6140 AIRPORT BLVD MOBILE, AL 36608 |
* | $ 73,753,000 | 1 | $ 111,000 |
| BANKTRUST 107 ST FRANCIS STREET MOBILE, AL 36602 |
* | $ 1,947,417,000 | 1 | $ 68,000 |
| WEST ALABAMA BANK & TRUST P O BOX 310 REFORM, AL 35481 |
* | $ 477,419,000 | 1 | $ 21,000 |
| THE FIRST, A NATIONAL BANKING ASSOCIATION P.O. BOX 15549 HATTIESBURG, MS 39404 |
* | $ 494,566,000 | 1 | $ 11,000 |
| THE CITIZENS NATIONAL BANK OF MERIDIAN 512 22ND AVENUE MERIDIAN, MS 39302 |
* | $ 1,102,273,000 | 1 | $ 110,000 |
| WACHOVIA MORTGAGE CORP 301 S COLLEGE ST CHARLOTTE, NC 28202 |
* | $ 2,687,938,000 | 1 | $ 143,000 |
| CAPITAL ONE HOME LOANS, LLC 12800 FOSTER STREET OVERLAND PARK, KS 66213 |
* | $ 88,701,411,000 | 1 | $ 75,000 |
| AMERICANMTGNETWORK DBA VERTICE TONYA YOUNG 100 N MAIN ST MAC D4001-063 WINSTON-SALEM, NC 27101 |
* | $ 473,000,000,000 | 1 | $ 250,000 |
| WHITNEY NATIONAL BANK 400 LABARRE ROAD, 3RD FLOOR JEFFERSON, LA 70121 |
* | $ 11,006,523,000 | 1 | $ 5,000 |
| COMMUNITY BANK NATIONAL ASSOC 6808 AIRPORT BLVD MOBILE, AL 36608 |
* | $ 8,691,000 | 1 | $ 18,000 |
| PNC BANK N.A. 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 124,782,289,000 | 1 | $ 31,000 |
| ELOAN 9600 WEST BRYN MAWR ROSEMONT, IL 60018 |
* | $ 48,624,000,000 | 1 | $ 65,000 |
| SUNTRUST MORTGAGE, INC 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 175,107,526,000 | 1 | $ 92,000 |
| RBC BANK 131 NORTH CHURCH STREET ROCKY MOUNT, NC 27804 |
* | $ 25,522,710,000 | 1 | $ 25,000 |
| CENTURY BANK P O BOX 647 LUCEDALE, MS 39452 |
* | $ 229,713,000 | 1 | $ 16,000 |
| BENEFICIAL COMPANY LLC 26525 NORTH RIVERWOODS BLVD. METTAWA, IL 60045 |
* | $ 4,017,643,000 | 1 | $ 120,000 |
| PREMIER MORTGAGE CAPITAL 800 N MAGNOLIA AVE STE 1202 ORLANDO, FL 32803 |
* | $ 10,000,000 | 1 | $ 66,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 1 | $ 133,000 |
| MORTGAGE INVESTORS CORP 6090 CENTRAL AVE ST. PETERSBURG, FL 33707 |
* | $ 10,000,000 | 1 | $ 91,000 |
| FIRST CHOICE FUNDING, INC. 2100 RIVERCHASE CENTER STE 100 BIRMINGHAM, AL 35244 |
* | $ 10,000,000 | 1 | $ 141,000 |
| MOREQUITY,INC. (NV) 601 N.W. SECOND STREET, P.O. BOX 59 EVANSVILLE, IN 47701 |
* | $ 10,000,000 | 1 | $ 69,000 |
| AMERICA'S MORTGAGE RESOURCE 3317 N. I-10 SERVICE RD. SUITE 200 METAIRIE, LA 70002 |
* | $ 10,000,000 | 1 | $ 134,000 |
| MAGNOLIA MORTGAGE CO., LLC 1550 SO. UNIVERSITY BLVD. MOBILE, AL 36609 |
* | $ 10,000,000 | 1 | $ 60,000 |
| FRANKLIN FIRST FINANCIAL, LTD 538 BROADHOLLOW ROAD MELVILLE, NY 11747 |
* | $ 36,249,000 | 1 | $ 155,000 |
| ALETHES, LLC 8601 RR 2222 SUITE 1-150 AUSTIN, TX 78730 |
* | $ 10,000,000 | 1 | $ 133,000 |
| WALKER JACKSON MORTGAGE CORPOR 14501 GEORGE CARTER WAY CHANTILLY, VA 20151 |
* | $ 292,944,000 | 1 | $ 120,000 |
| IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 1 | $ 140,000 |
| HOMEBRIDGE FINANCIAL SERVICES, INC. 194 WOOD AVE S, 9TH FLOOR ISELIN, NJ 08830 |
* | $ 10,000,000 | 1 | $ 202,000 |
| COASTAL MORTGAGE SERVICES, INC 11230 CARMEL COMMONS BOULEVARD CHARLOTTE, NC 28226 |
* | $ 10,000,000 | 1 | $ 140,000 |
| GREENLIGHT FINANCIAL SERVICES 18200 VON KARMAN STE #300 IRVINE, CA 92612 |
* | $ 10,000,000 | 1 | $ 54,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 1 | $ 119,000 |
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.
Mortgage Loan Application Detail Totals for Washington County AL in 2008
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 | 426 | $42,704,000 | $100,000 | $850,000 | $62,000 | $306,000 |
| Home Purchase | 192 | $15,537,000 | $80,000 | $310,000 | $58,000 | $315,000 |
| Home Improvement | 83 | $3,883,000 | $46,000 | $251,000 | $62,000 | $560,000 |
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 | 447 | $38,540,000 | $86,000 | $351,000 | $68,000 | $560,000 |
| Black or African American | 110 | $8,454,000 | $76,000 | $202,000 | $47,000 | $129,000 |
| Not Provided | 76 | $7,974,000 | $104,000 | $850,000 | $56,000 | $180,000 |
| Not applicable | 40 | $4,986,000 | $124,000 | $274,000 | $30,000 | $114,000 |
| American Indian or Alaskan Native | 25 | $1,950,000 | $78,000 | $202,000 | $60,000 | $156,000 |
| Hispanic | 3 | $220,000 | $73,000 | $96,000 | $23,000 | $60,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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) | 571 | $45,751,000 | $80,000 | $850,000 | $61,000 | $560,000 |
| FHA-insured (Federal Housing Administration) | 121 | $15,293,000 | $126,000 | $213,000 | $61,000 | $127,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 5 | $501,000 | $100,000 | $160,000 | $35,000 | $71,000 |
| VA-guaranteed (Veterans Administration) | 4 | $579,000 | $144,000 | $165,000 | $62,000 | $102,000 |
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 | 344 | $27,409,000 | $79,000 | $351,000 | $65,000 | $560,000 |
| Application Denied By Financial Institution | 175 | $15,466,000 | $88,000 | $850,000 | $56,000 | $260,000 |
| Loan Purchased By The Institution | 71 | $8,599,000 | $121,000 | $255,000 | $48,000 | $242,000 |
| Application Withdrawn By Applicant | 57 | $5,832,000 | $102,000 | $221,000 | $58,000 | $136,000 |
| Application Approved But Not Accepted | 29 | $1,952,000 | $67,000 | $202,000 | $58,000 | $115,000 |
| File Closed For Incompleteness | 25 | $2,866,000 | $114,000 | $233,000 | $67,000 | $272,000 |
| 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 | 41 | $2,643,000 | $64,000 | $186,000 | $62,000 | $260,000 |
| Collateral | 14 | $1,943,000 | $138,000 | $255,000 | $85,000 | $260,000 |
| Credit Application Incomplete | 7 | $1,659,000 | $237,000 | $850,000 | $90,000 | $120,000 |
| Debt-To-Income Ratio | 6 | $383,000 | $63,000 | $118,000 | $44,000 | $70,000 |
| Other | 5 | $346,000 | $69,000 | $113,000 | $49,000 | $70,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $284,000 | $94,000 | $241,000 | $42,000 | $84,000 |
| Employment History | 2 | $20,000 | $10,000 | $16,000 | $15,000 | $22,000 |
| Unverifiable Information | 1 | $121,000 | $121,000 | $121,000 | $42,000 | $42,000 |
| 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.