BIRMINGHAM - HOOVER Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Birmingham - Hoover averaged
6.67%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
7.1% and
one month ago for the week of 2025-05-15, the
average rate was 6.87%.
Birmingham - Hoover's average rate one year ago was 6.81%.
For refis of the same type during the week of 2025-06-18, the average rate
was 7.28%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Birmingham - Hoover 30 Year Fixed Rate | 2025-06-18 | 6.67% |
| Birmingham - Hoover 30 Year Fixed Rate Refi | 2025-06-18 | 7.28% |
| Birmingham - Hoover 15 Year Fixed Rate | 2025-06-18 | 6.51% |
| Birmingham - Hoover 15 Year Fixed Rate Refi | 2025-06-18 | 7.24% |
| Birmingham - Hoover 30 Year FHA | 2025-06-18 | -0.27% |
| Birmingham - Hoover 30 Year FHA Refi | 2025-06-18 | -0.51% |
| Birmingham - Hoover 30 Year USDA | 2025-06-18 | -0.33% |
| Birmingham - Hoover 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Birmingham - Hoover 30 Year VA | 2025-06-18 | 0.03% |
| Birmingham - Hoover 30 Year VA Refi | 2025-06-18 | -0.54% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BIRMINGHAM-HOOVER, AL.
BIRMINGHAM - HOOVER Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BIRMINGHAM-HOOVER, AL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
BIRMINGHAM - HOOVER Average Closing Costs & Other Stats
BIRMINGHAM-HOOVER, AL's 273 lenders originated 23,947
loans during 2024. The total origination value was $5,639,775,000, with an average loan value of
$235,511.
BIRMINGHAM - HOOVER's average closing costs are $4,937.
The top BIRMINGHAM - HOOVER lender as defined by loan originations is Regions Bank, with
468 loans originated. Their average total fees are
$4,516, which is $2,645
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee BIRMINGHAM - HOOVER lenders (with over 10 loans originated) are
PREMIA MORTGAGE, LLC ($1,128), DHI MORTGAGE COMPANY, LTD. ($2,347), NBKC BANK ($2,619), Liberty Mortgage Corporation ($2,682) and Stifel Bank and Trust ($2,750).
The lowest rate BIRMINGHAM - HOOVER lenders (with over 10 loans originated) are
MORTGAGE INVESTORS GROUP, INC. (5.45%), DHI MORTGAGE COMPANY, LTD. (5.63%), ALABAMA CREDIT UNION (5.84%), Mutual Savings Credit Union (6.10%) and Morgan Stanley Private Bank (6.11%).
BIRMINGHAM-HOOVER, AL Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Regions Bank | $453,000,000 | $329,560,000 | -27.2% | 5.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $252,165,000 | $317,860,000 | 26.1% | 5.6% |
| QUICKEN LOANS, LLC | $194,320,000 | $225,700,000 | 16.1% | 4.0% |
| BancorpSouth | $103,500,000 | $208,895,000 | 101.8% | 3.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $194,935,000 | $201,390,000 | 3.3% | 3.6% |
| DHI MORTGAGE COMPANY, LTD. | $115,990,000 | $147,210,000 | 26.9% | 2.6% |
| FirstBank | $113,020,000 | $143,905,000 | 27.3% | 2.6% |
| Renasant Bank | $147,270,000 | $127,140,000 | -13.7% | 2.3% |
| Trustmark National Bank | $136,725,000 | $115,115,000 | -15.8% | 2.0% |
| GREYSTONE SERVICING COMPANY LLC | $50,190,000 | $106,330,000 | 111.9% | 1.9% |
| MOVEMENT MORTGAGE, LLC | $113,420,000 | $104,900,000 | -7.5% | 1.9% |
| South State Bank | $32,940,000 | $104,490,000 | 217.2% | 1.9% |
| GUILD MORTGAGE COMPANY | $86,415,000 | $102,470,000 | 18.6% | 1.8% |
| Prosperity Home Mortgage, LLC | $88,445,000 | $102,255,000 | 15.6% | 1.8% |
| SouthPoint Bank | $112,085,000 | $97,110,000 | -13.4% | 1.7% |
| AVADIAN | $92,915,000 | $92,475,000 | -0.5% | 1.6% |
| WALKER & DUNLOP, LLC | $70,330,000 | $89,590,000 | 27.4% | 1.6% |
| AMERICA'S FIRST | $128,540,000 | $88,885,000 | -30.9% | 1.6% |
| PENNYMAC LOAN SERVICES, LLC | $42,855,000 | $81,800,000 | 90.9% | 1.5% |
| UNION HOME MORTGAGE CORP. | $45,010,000 | $79,895,000 | 77.5% | 1.4% |
| Mortgage Research Center, LLC | $65,305,000 | $77,990,000 | 19.4% | 1.4% |
| FBC MORTGAGE, LLC | $69,225,000 | $75,905,000 | 9.6% | 1.3% |
| Synovus Bank | $81,650,000 | $72,360,000 | -11.4% | 1.3% |
| PNC Bank | $61,335,000 | $67,395,000 | 9.9% | 1.2% |
| GMFS LLC | $50,815,000 | $65,585,000 | 29.1% | 1.2% |
| FREEDOM MORTGAGE CORPORATION | $29,335,000 | $65,580,000 | 123.6% | 1.2% |
| ServisFirst Bank | $66,950,000 | $63,600,000 | -5.0% | 1.1% |
| First Federal Bank, A FSB | $50,440,000 | $52,180,000 | 3.4% | 0.9% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $35,780,000 | $48,175,000 | 34.6% | 0.9% |
| CANOPY MORTGAGE, LLC | $8,125,000 | $48,000,000 | 490.8% | 0.9% |
| Assurance Financial Group, L.L.C. | $46,405,000 | $47,760,000 | 2.9% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $39,380,000 | $41,980,000 | 6.6% | 0.7% |
| STOCKTON MORTGAGE CORPORATION | $18,515,000 | $41,075,000 | 121.8% | 0.7% |
| LOANDEPOT.COM, LLC | $44,695,000 | $40,370,000 | -9.7% | 0.7% |
| First Horizon Bank | $59,450,000 | $40,040,000 | -32.6% | 0.7% |
| Community Bank of Mississippi | $29,250,000 | $38,135,000 | 30.4% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $23,810,000 | $35,565,000 | 49.4% | 0.6% |
| Ameris Bank | $27,705,000 | $35,350,000 | 27.6% | 0.6% |
| NEWREZ LLC | $20,280,000 | $35,350,000 | 74.3% | 0.6% |
| The Hometown Bank of Alabama | $41,180,000 | $33,365,000 | -19.0% | 0.6% |
| The Loan Store, Inc. | $8,040,000 | $33,105,000 | 311.8% | 0.6% |
| TJC Mortgage, Inc. | $32,905,000 | $32,115,000 | -2.4% | 0.6% |
| River Bank & Trust | $56,545,000 | $31,530,000 | -44.2% | 0.6% |
| JPMorgan Chase Bank | $14,885,000 | $30,955,000 | 108.0% | 0.5% |
| Wells Fargo Bank | $128,125,000 | $30,915,000 | -75.9% | 0.5% |
| Truist | $33,560,000 | $29,910,000 | -10.9% | 0.5% |
| APCO EMPLOYEES | $38,210,000 | $28,245,000 | -26.1% | 0.5% |
| Arbor Realty Trust, Inc. | $27,305,000 | n/a | 0.5% | |
| BROKER SOLUTIONS, INC. | $15,360,000 | $26,940,000 | 75.4% | 0.5% |
| Bryant Bank | $32,570,000 | $26,850,000 | -17.6% | 0.5% |
| Hamilton Mortgage Corporation | $25,005,000 | $25,370,000 | 1.5% | 0.4% |
| Plains Commerce Bank | $20,425,000 | $24,150,000 | 18.2% | 0.4% |
| Morgan Stanley Private Bank | $27,835,000 | $23,085,000 | -17.1% | 0.4% |
| FIRST COLONY MORTGAGE CORPORATION | $1,825,000 | $22,050,000 | 1,108.2% | 0.4% |
| FIRST COMMUNITY MORTGAGE, INC. | $14,245,000 | $21,610,000 | 51.7% | 0.4% |
| 21ST MORTGAGE CORPORATION | $16,925,000 | $21,425,000 | 26.6% | 0.4% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $21,095,000 | n/a | 0.4% | |
| GUARANTEED RATE, INC. | $22,110,000 | $18,505,000 | -16.3% | 0.3% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $15,980,000 | $18,380,000 | 15.0% | 0.3% |
| Central State Bank | $18,270,000 | $18,300,000 | 0.2% | 0.3% |
| Metro Bank | $22,060,000 | $18,095,000 | -18.0% | 0.3% |
| MORTGAGE INVESTORS GROUP, INC. | $13,460,000 | $17,970,000 | 33.5% | 0.3% |
| NORTHMARQ CAPITAL FINANCE, L.L.C. | $17,785,000 | n/a | 0.3% | |
| Cornerstone First Mortgage, Inc | $15,480,000 | $17,685,000 | 14.2% | 0.3% |
| USAA Federal Savings Bank | $17,015,000 | $17,670,000 | 3.8% | 0.3% |
| Flagstar Bank, FSB | $18,830,000 | $17,455,000 | -7.3% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $6,915,000 | $17,310,000 | 150.3% | 0.3% |
| VILLAGE CAPITAL MORTGAGE | $5,170,000 | $16,455,000 | 218.3% | 0.3% |
| CMG MORTGAGE, INC. | $12,965,000 | $15,945,000 | 23.0% | 0.3% |
| HUNT MORTGAGE CORPORATION | $15,335,000 | $15,485,000 | 1.0% | 0.3% |
| CROSSCOUNTRY MORTGAGE, LLC | $11,270,000 | $14,990,000 | 33.0% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $8,920,000 | $14,885,000 | 66.9% | 0.3% |
| THE MORTGAGE FIRM, INC. | $17,700,000 | $14,740,000 | -16.7% | 0.3% |
| Bank of England | $19,695,000 | $14,275,000 | -27.5% | 0.3% |
| First National Bank of America | $7,395,000 | $13,425,000 | 81.5% | 0.2% |
| LEADERONE FINANCIAL CORPORATION | $2,200,000 | $13,220,000 | 500.9% | 0.2% |
| LEGACY COMMUNITY FEDERAL CREDIT UNION | $10,120,000 | $12,845,000 | 26.9% | 0.2% |
| EVERETT FINANCIAL, INC. | $6,485,000 | $12,525,000 | 93.1% | 0.2% |
| Liberty Mortgage Corporation | $15,310,000 | $12,365,000 | -19.2% | 0.2% |
| Princeton Mortgage Corporation | $12,770,000 | $12,315,000 | -3.6% | 0.2% |
| SmartBank | $3,825,000 | $12,310,000 | 221.8% | 0.2% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $31,970,000 | $11,980,000 | -62.5% | 0.2% |
| NBKC BANK | $4,335,000 | $11,795,000 | 172.1% | 0.2% |
| U.S. Bank | $9,470,000 | $11,565,000 | 22.1% | 0.2% |
| United Community Bank | $8,970,000 | $11,125,000 | 24.0% | 0.2% |
| MORIA DEVELOPMENT, INC. | $3,675,000 | $11,120,000 | 202.6% | 0.2% |
| Discover Bank | $8,890,000 | $10,415,000 | 17.2% | 0.2% |
| ORIX REAL ESTATE CAPITAL, LLC | $10,370,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $8,375,000 | $10,310,000 | 23.1% | 0.2% |
| CB&S Bank, Inc. | $7,245,000 | $10,295,000 | 42.1% | 0.2% |
| Bank of America | $20,125,000 | $10,230,000 | -49.2% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $3,990,000 | $10,205,000 | 155.8% | 0.2% |
| First Financial Bank | $12,465,000 | $10,010,000 | -19.7% | 0.2% |
| NEW DAY FINANCIAL, LLC | $5,580,000 | $9,805,000 | 75.7% | 0.2% |
| EvaBank | $5,480,000 | $9,770,000 | 78.3% | 0.2% |
| The Federal Savings Bank | $5,940,000 | $9,385,000 | 58.0% | 0.2% |
| Magnolia Bank | $4,815,000 | $9,160,000 | 90.2% | 0.2% |
| Figure Lending LLC | $4,920,000 | $8,990,000 | 82.7% | 0.2% |
| Presidential Bank, FSB | $2,125,000 | $8,865,000 | 317.2% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $12,920,000 | $8,795,000 | -31.9% | 0.2% |
| First US Bank | $170,000 | $8,655,000 | 4,991.2% | 0.2% |
| PLAZA HOME MORTGAGE, INC. | $1,430,000 | $8,655,000 | 505.2% | 0.2% |
| Citizens Bank | $62,145,000 | $8,600,000 | -86.2% | 0.2% |
| PLANET HOME LENDING, LLC | $3,255,000 | $8,170,000 | 151.0% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $5,340,000 | $8,155,000 | 52.7% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $8,050,000 | $7,920,000 | -1.6% | 0.1% |
| Pinnacle Bank | $21,435,000 | $7,575,000 | -64.7% | 0.1% |
| AmeriHome Mortgage Company, LLC | $380,000 | $7,555,000 | 1,888.2% | 0.1% |
| LENDINGONE, LLC | $103,525,000 | $7,495,000 | -92.8% | 0.1% |
| BankPlus | $6,080,000 | $7,110,000 | 16.9% | 0.1% |
| First Federal Bank | $750,000 | $7,045,000 | 839.3% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $9,910,000 | $6,595,000 | -33.5% | 0.1% |
| ACOPIA, LLC | $9,555,000 | $6,465,000 | -32.3% | 0.1% |
| TOWNE MORTGAGE COMPANY | $1,535,000 | $6,440,000 | 319.5% | 0.1% |
| CARDINAL FINANCIAL | $10,135,000 | $6,330,000 | -37.5% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $14,890,000 | $6,205,000 | -58.3% | 0.1% |
| CLEARPATH LENDING | $2,470,000 | $6,205,000 | 151.2% | 0.1% |
| MILEND, INC. | $4,380,000 | $6,100,000 | 39.3% | 0.1% |
| ACIPCO Federal Credit Union | $7,505,000 | $6,085,000 | -18.9% | 0.1% |
| Stifel Bank and Trust | $8,555,000 | $5,965,000 | -30.3% | 0.1% |
| OCMBC, INC. | $270,000 | $5,940,000 | 2,100.0% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $4,885,000 | $5,755,000 | 17.8% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $805,000 | $5,755,000 | 614.9% | 0.1% |
| BankFirst Financial Services | $5,045,000 | $5,630,000 | 11.6% | 0.1% |
| Equity Prime Mortgage LLC | $2,970,000 | $5,600,000 | 88.6% | 0.1% |
| READYCAP COMMERCIAL, LLC | $5,485,000 | n/a | 0.1% | |
| PREMIA MORTGAGE, LLC | $1,305,000 | $5,245,000 | 301.9% | 0.1% |
| LIMA ONE CAPITAL, LLC | $3,315,000 | $5,045,000 | 52.2% | 0.1% |
| AlaTrust Credit Union | $4,915,000 | $5,025,000 | 2.2% | 0.1% |
| ALABAMA CREDIT UNION | $8,085,000 | $4,980,000 | -38.4% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $3,890,000 | $4,945,000 | 27.1% | 0.1% |
| REDSTONE Federal Credit Union | $4,510,000 | $4,935,000 | 9.4% | 0.1% |
| Valley National Bank | $75,395,000 | $4,870,000 | -93.5% | 0.1% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $13,620,000 | $4,855,000 | -64.4% | 0.1% |
| PHH Mortgage Corporation | $1,905,000 | $4,825,000 | 153.3% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,820,000 | $4,770,000 | 162.1% | 0.1% |
| SOUTHWEST FUNDING, LP | $4,565,000 | n/a | 0.1% | |
| PENTAGON FEDERAL CREDIT UNION | $8,125,000 | $4,380,000 | -46.1% | 0.1% |
| Guardian Credit Union | $5,350,000 | $4,350,000 | -18.7% | 0.1% |
| LOANPAL, LLC | $890,000 | $4,185,000 | 370.2% | 0.1% |
| Mutual Savings Credit Union | $10,340,000 | $4,120,000 | -60.2% | 0.1% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $730,000 | $4,090,000 | 460.3% | 0.1% |
| Ixonia Bank | $4,845,000 | $4,085,000 | -15.7% | 0.1% |
| BETTER MORTGAGE CORPORATION | $3,265,000 | $3,985,000 | 22.1% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $8,030,000 | $3,935,000 | -51.0% | 0.1% |
| Alabama One Credit Union | $3,250,000 | $3,930,000 | 20.9% | 0.1% |
| SOUTHWEST STAGE FUNDING, LLC | $3,825,000 | $3,930,000 | 2.7% | 0.1% |
| Consumer First Mortgage, Inc. | $1,895,000 | $3,820,000 | 101.6% | 0.1% |
| Northpointe Bank | $27,825,000 | $3,800,000 | -86.3% | 0.1% |
| Eco Credit Union | $4,820,000 | $3,690,000 | -23.4% | 0.1% |
| Citadel Servicing Corporation | $3,580,000 | $3,685,000 | 2.9% | 0.1% |
| MICHIGAN MUTUAL, INC. | $860,000 | $3,675,000 | 327.3% | 0.1% |
| Lakeview Community Capital, LLC | $3,665,000 | n/a | 0.1% | |
| T2 FINANCIAL LLC | $3,595,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $2,550,000 | $3,590,000 | 40.8% | 0.1% |
| AMWEST FUNDING CORP. | $2,055,000 | $3,565,000 | 73.5% | 0.1% |
| Ally Bank | $2,540,000 | $3,475,000 | 36.8% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $850,000 | $3,455,000 | 306.5% | 0.1% |
| Coastal Community Bank | $3,225,000 | $3,445,000 | 6.8% | 0.1% |
| Armed Forces Bank | $850,000 | $3,435,000 | 304.1% | 0.1% |
| SPRING EQ, LLC | $3,060,000 | $3,415,000 | 11.6% | 0.1% |
| INTERLINC MORTGAGE SERVICES, LLC | $1,715,000 | $3,410,000 | 98.8% | 0.1% |
| ZILLOW HOME LOANS, LLC | $2,340,000 | $3,400,000 | 45.3% | 0.1% |
| CSL Financial, LLC | $1,520,000 | $3,355,000 | 120.7% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,910,000 | $3,325,000 | 14.3% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,130,000 | $3,270,000 | 53.5% | 0.1% |
| SUCCESS MORTGAGE PARTNERS, INC. | $1,030,000 | $3,250,000 | 215.5% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $3,015,000 | $3,180,000 | 5.5% | 0.1% |
| First Bank of Alabama | $9,360,000 | $3,115,000 | -66.7% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $3,915,000 | $3,115,000 | -20.4% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $3,015,000 | $3,105,000 | 3.0% | 0.1% |
| A&D Mortgage LLC | $1,555,000 | $3,065,000 | 97.1% | 0.1% |
| Goldman Sachs Bank USA | $4,510,000 | $3,005,000 | -33.4% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $4,415,000 | $2,965,000 | -32.8% | 0.1% |
| NEXERA HOLDING LLC | $1,095,000 | $2,965,000 | 170.8% | 0.1% |
| Marion Bank & Trust Company | $2,215,000 | $2,875,000 | 29.8% | 0.1% |
| Peoples Bank of Alabama | $3,570,000 | $2,855,000 | -20.0% | 0.1% |
| BMO Harris Bank | $1,785,000 | $2,760,000 | 54.6% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $5,120,000 | $2,700,000 | -47.3% | 0.0% |
| HONDA Federal Credit Union | $3,410,000 | $2,690,000 | -21.1% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $1,535,000 | $2,665,000 | 73.6% | 0.0% |
| NFM, INC. | $1,965,000 | $2,655,000 | 35.1% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $2,830,000 | $2,595,000 | -8.3% | 0.0% |
| DELTA COMMUNITY CREDIT UNION | $1,370,000 | $2,580,000 | 88.3% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $1,530,000 | $2,540,000 | 66.0% | 0.0% |
| AMERICAN FINANCING CORPORATION | $660,000 | $2,525,000 | 282.6% | 0.0% |
| Wilmington Savings Fund Society, FSB | $1,030,000 | $2,450,000 | 137.9% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $2,770,000 | $2,430,000 | -12.3% | 0.0% |
| M&T Bank | $1,925,000 | $2,415,000 | 25.5% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $4,690,000 | $2,370,000 | -49.5% | 0.0% |
| North American Savings Bank, F.S.B. | $1,405,000 | $2,355,000 | 67.6% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $610,000 | $2,345,000 | 284.4% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $2,760,000 | $2,320,000 | -15.9% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $765,000 | $2,295,000 | 200.0% | 0.0% |
| MAX Credit Union | $670,000 | $2,250,000 | 235.8% | 0.0% |
| LENDSURE MORTGAGE CORP. | $945,000 | $2,210,000 | 133.9% | 0.0% |
| Liberty Bank | $965,000 | $2,190,000 | 126.9% | 0.0% |
| EVANSVILLE TEACHERS | $1,615,000 | $2,170,000 | 34.4% | 0.0% |
| ISERVE RESIDENTIAL LENDING, LLC | $5,050,000 | $2,165,000 | -57.1% | 0.0% |
| NexBank | $1,525,000 | $2,135,000 | 40.0% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $705,000 | $2,130,000 | 202.1% | 0.0% |
| Merchants Bank of Indiana | $580,000 | $2,115,000 | 264.7% | 0.0% |
| First-Citizens Bank & Trust Company | $2,100,000 | n/a | 0.0% | |
| CIS Financial Services, Inc. | $6,085,000 | $2,030,000 | -66.6% | 0.0% |
| First National Bank of Pulaski | $205,000 | $2,025,000 | 887.8% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $880,000 | $2,025,000 | 130.1% | 0.0% |
| Commerce Home Mortgage, Inc. | $440,000 | $1,935,000 | 339.8% | 0.0% |
| West Alabama Bank & Trust | $1,635,000 | $1,885,000 | 15.3% | 0.0% |
| First Savings Bank | $1,215,000 | $1,865,000 | 53.5% | 0.0% |
| UBS Bank USA | $1,715,000 | $1,815,000 | 5.8% | 0.0% |
| The Huntington National Bank | $5,500,000 | $1,800,000 | -67.3% | 0.0% |
| INSPIRE HOME LOANS INC. | $6,455,000 | $1,785,000 | -72.3% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $165,000 | $1,785,000 | 981.8% | 0.0% |
| Traditions Bank | $6,415,000 | $1,745,000 | -72.8% | 0.0% |
| ENDEAVOR CAPITAL, LLC. | $1,735,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $1,665,000 | $1,720,000 | 3.3% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $3,415,000 | $1,715,000 | -49.8% | 0.0% |
| MORTGAGE ACCESS CORP. | $1,925,000 | $1,635,000 | -15.1% | 0.0% |
| SUMMIT FUNDING, INC. | $1,615,000 | n/a | 0.0% | |
| Secured Investment Corp. | $870,000 | $1,605,000 | 84.5% | 0.0% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $225,000 | $1,590,000 | 606.7% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $2,600,000 | $1,585,000 | -39.0% | 0.0% |
| Raymond James Bank | $7,135,000 | $1,550,000 | -78.3% | 0.0% |
| Jefferson Credit Union | $890,000 | $1,545,000 | 73.6% | 0.0% |
| EMM LOANS LLC | $930,000 | $1,525,000 | 64.0% | 0.0% |
| Farmers Bank & Trust | $3,650,000 | $1,510,000 | -58.6% | 0.0% |
| PINNACLE BANK | $1,090,000 | $1,505,000 | 38.1% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $720,000 | $1,470,000 | 104.2% | 0.0% |
| Citizens Bank & Trust | $1,980,000 | $1,460,000 | -26.3% | 0.0% |
| Listerhill Credit Union | $795,000 | $1,450,000 | 82.4% | 0.0% |
| BankSouth | $590,000 | $1,435,000 | 143.2% | 0.0% |
| City National Bank | $755,000 | $1,365,000 | 80.8% | 0.0% |
| Home Mortgage Alliance Corp | $1,360,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $1,065,000 | $1,360,000 | 27.7% | 0.0% |
| V.I.P. MORTGAGE, INC. | $350,000 | $1,320,000 | 277.1% | 0.0% |
| Nations Lending Corporation | $1,585,000 | $1,310,000 | -17.4% | 0.0% |
| Bethpage Federal Credit Union | $550,000 | $1,285,000 | 133.6% | 0.0% |
| Baxter Credit Union | $785,000 | $1,275,000 | 62.4% | 0.0% |
| Citibank | $2,360,000 | $1,275,000 | -46.0% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $495,000 | $1,270,000 | 156.6% | 0.0% |
| ENVOY MORTGAGE, LTD | $1,320,000 | $1,255,000 | -4.9% | 0.0% |
| BAY EQUITY LLC | $1,205,000 | $1,250,000 | 3.7% | 0.0% |
| The First, A National Banking Association | $550,000 | $1,245,000 | 126.4% | 0.0% |
| Credence Funding Corporation | $1,230,000 | n/a | 0.0% | |
| NP, Inc. | $1,210,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,205,000 | n/a | 0.0% | |
| BANKSOUTH MORTGAGE COMPANY, LLC | $1,535,000 | $1,180,000 | -23.1% | 0.0% |
| ALLIANT CREDIT UNION | $1,165,000 | n/a | 0.0% | |
| AMERITRUST MORTGAGE CORPORATION | $145,000 | $1,165,000 | 703.4% | 0.0% |
| Centennial Bank | $1,160,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $305,000 | $1,140,000 | 273.8% | 0.0% |
| First South Farm Credit, ACA | $1,340,000 | $1,135,000 | -15.3% | 0.0% |
| Southern States Bank | $240,000 | $1,130,000 | 370.8% | 0.0% |
| UNIFY FINANCIAL Credit Union | $95,000 | $1,105,000 | 1,063.2% | 0.0% |
| Robertson Banking Company | $2,170,000 | $1,090,000 | -49.8% | 0.0% |
| Simmons Bank | $1,090,000 | n/a | 0.0% | |
| Fifth Third Bank | $75,000 | $1,085,000 | 1,346.7% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $970,000 | $1,070,000 | 10.3% | 0.0% |
| Victorian Finance, LLC | $1,015,000 | $1,035,000 | 2.0% | 0.0% |
| Hancock Whitney Bank | $870,000 | $1,020,000 | 17.2% | 0.0% |
| Bank Independent | $1,520,000 | $1,005,000 | -33.9% | 0.0% |
| Charles Schwab Bank, SSB | $1,955,000 | $1,005,000 | -48.6% | 0.0% |
| ALL IN | $9,550,000 | $975,000 | -89.8% | 0.0% |
| S1L, Inc. | $1,155,000 | $970,000 | -16.0% | 0.0% |
| Old National Bank | $540,000 | $965,000 | 78.7% | 0.0% |
| Heritage South Credit Union | $690,000 | $930,000 | 34.8% | 0.0% |
| Merchants Mortgage & Trust Corporation | $625,000 | $930,000 | 48.8% | 0.0% |
| The Dart Bank | $245,000 | $925,000 | 277.6% | 0.0% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $915,000 | n/a | 0.0% | |
| Legacy Home Loans, LLC | $915,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $1,215,000 | $910,000 | -25.1% | 0.0% |
| HOPE FEDERAL CREDIT UNION | $875,000 | n/a | 0.0% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $860,000 | n/a | 0.0% | |
| CALCON MUTUAL MORTGAGE LLC | $855,000 | n/a | 0.0% | |
| FAMILY SAVINGS | $455,000 | $850,000 | 86.8% | 0.0% |
| Leader Bank | $515,000 | $850,000 | 65.0% | 0.0% |
| The Central Trust Bank | $2,730,000 | $830,000 | -69.6% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $555,000 | $810,000 | 45.9% | 0.0% |
| RF Renovo Management Company, LLC | $4,430,000 | $770,000 | -82.6% | 0.0% |
| STANDARD MORTGAGE CORPORATION | $415,000 | $770,000 | 85.5% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $760,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $2,385,000 | $755,000 | -68.3% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $2,410,000 | $755,000 | -68.7% | 0.0% |
| GEORGIA'S OWN | $820,000 | $745,000 | -9.1% | 0.0% |
| AOD Federal Credit Union | $870,000 | $740,000 | -14.9% | 0.0% |
| The Exchange Bank of Alabama | $1,640,000 | $730,000 | -55.5% | 0.0% |
| COREVEST AMERICAN FINANCE LENDER LLC | $11,925,000 | $725,000 | -93.9% | 0.0% |
| FirstTrust Home Loans, Inc. | $590,000 | $725,000 | 22.9% | 0.0% |
| EASTMAN | $185,000 | $720,000 | 289.2% | 0.0% |
| MEMBER ONE | $475,000 | $705,000 | 48.4% | 0.0% |
| Alabama Central Credit Union | $490,000 | $700,000 | 42.9% | 0.0% |
| Dollar Bank, Federal Savings Bank | $700,000 | n/a | 0.0% | |
| LIBERTY HOME MORTGAGE CORPORATION | $915,000 | $695,000 | -24.0% | 0.0% |
| ARC HOME LLC | $500,000 | $685,000 | 37.0% | 0.0% |
| TENNESSEE VALLEY | $685,000 | n/a | 0.0% | |
| Loan Simple, Inc. | $675,000 | n/a | 0.0% | |
| SENTE MORTGAGE, INC. | $660,000 | n/a | 0.0% | |
| Elements Financial Federal Credit Union | $650,000 | n/a | 0.0% | |
| Tyndall Federal Credit Union | $1,680,000 | $650,000 | -61.3% | 0.0% |
| MY MOVE MORTGAGE, LLC | $620,000 | n/a | 0.0% | |
| NMSI, INC. | $780,000 | $620,000 | -20.5% | 0.0% |
| Texana Bank | $620,000 | n/a | 0.0% | |
| Troy Bank and Trust Company | $615,000 | n/a | 0.0% | |
| Colony Bank | $6,000,000 | $605,000 | -89.9% | 0.0% |
| EMBRACE HOME LOANS, INC. | $955,000 | $600,000 | -37.2% | 0.0% |
| DELMAR FINANCIAL COMPANY | $700,000 | $590,000 | -15.7% | 0.0% |
| Financial Federal Bank | $585,000 | n/a | 0.0% | |
| Heritage Bank | $585,000 | n/a | 0.0% | |
| Capital City Home Loans, LLC | $1,430,000 | $575,000 | -59.8% | 0.0% |
| TEACHERS | $145,000 | $565,000 | 289.7% | 0.0% |
| ALABAMA TEACHERS | $1,410,000 | $560,000 | -60.3% | 0.0% |
| PREMIER LENDING, INC. | $560,000 | n/a | 0.0% | |
| Encompass Lending Group, LP | $550,000 | n/a | 0.0% | |
| NORWICH COMMERCIAL GROUP, INC. | $550,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $680,000 | $550,000 | -19.1% | 0.0% |
| Marathon Bank | $545,000 | n/a | 0.0% | |
| First Merchants Bank | $75,000 | $535,000 | 613.3% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $640,000 | $525,000 | -18.0% | 0.0% |
| NobleBank & Trust | $3,445,000 | $515,000 | -85.1% | 0.0% |
| Westfield Bank, FSB | $515,000 | n/a | 0.0% | |
| Capital Bank | $55,000 | $510,000 | 827.3% | 0.0% |
| MLB RESIDENTIAL LENDING, LLC | $495,000 | n/a | 0.0% | |
| UIF CORPORATION | $495,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $155,000 | $475,000 | 206.5% | 0.0% |
| Southern First Bank | $525,000 | $465,000 | -11.4% | 0.0% |
| Logan Finance Corporation | $330,000 | $460,000 | 39.4% | 0.0% |
| Legends Bank | $985,000 | $450,000 | -54.3% | 0.0% |
| Warsaw Federal Savings and Loan Association | $260,000 | $450,000 | 73.1% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $445,000 | n/a | 0.0% | |
| COMMUNITY MORTGAGE CORPORATION | $435,000 | $425,000 | -2.3% | 0.0% |
| Farmers State Bank of Alto Pass | $425,000 | n/a | 0.0% | |
| ALLEGACY FEDERAL CREDIT UNION | $415,000 | n/a | 0.0% | |
| FineMark National Bank & Trust | $415,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,255,000 | $415,000 | -66.9% | 0.0% |
| CIBC Bank USA | $405,000 | n/a | 0.0% | |
| First Financial Bank | $12,465,000 | $405,000 | -96.8% | 0.0% |
| INTERCOASTAL MORTGAGE COMPANY | $405,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $900,000 | $400,000 | -55.6% | 0.0% |
| ALAMEDA MORTGAGE CORPORATION | $395,000 | n/a | 0.0% | |
| COMMUNITYAMERICA | $395,000 | n/a | 0.0% | |
| First National Bank | $435,000 | $395,000 | -9.2% | 0.0% |
| DIGITAL Federal Credit Union | $2,305,000 | $390,000 | -83.1% | 0.0% |
| Watermark Capital, Inc. | $390,000 | n/a | 0.0% | |
| CHEVRON | $385,000 | n/a | 0.0% | |
| Residential Acceptance Corporation | $385,000 | n/a | 0.0% | |
| UNITED MORTGAGE CORP | $385,000 | n/a | 0.0% | |
| Premier Bank of the South | $25,000 | $380,000 | 1,420.0% | 0.0% |
| First Citizens National Bank | $265,000 | $375,000 | 41.5% | 0.0% |
| GoPrime Mortgage, Inc. | $375,000 | n/a | 0.0% | |
| Guaranty Bank and Trust Company | $365,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $185,000 | $365,000 | 97.3% | 0.0% |
| AXIA FINANCIAL, LLC | $360,000 | n/a | 0.0% | |
| CONSTRUCTIVE LOANS, LLC | $105,000 | $360,000 | 242.9% | 0.0% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $355,000 | n/a | 0.0% | |
| The Park National Bank | $355,000 | n/a | 0.0% | |
| USAlliance Federal Credit Union | $430,000 | $355,000 | -17.4% | 0.0% |
| Fortress Bank | $350,000 | n/a | 0.0% | |
| FOUNDATION MORTGAGE CORPORATION | $155,000 | $345,000 | 122.6% | 0.0% |
| Keystone Funding, Inc. | $295,000 | $340,000 | 15.3% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $330,000 | n/a | 0.0% | |
| Florida Capital Bank | $1,380,000 | $325,000 | -76.4% | 0.0% |
| Honor Credit Union | $325,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $2,780,000 | $320,000 | -88.5% | 0.0% |
| GREENSTATE CREDIT UNION | $315,000 | n/a | 0.0% | |
| Heritage Bank & Trust | $315,000 | n/a | 0.0% | |
| Peoples Independent Bank | $315,000 | n/a | 0.0% | |
| SOUTHEAST MORTGAGE OF GEORGIA, INC. | $115,000 | $315,000 | 173.9% | 0.0% |
| JUSTICE Federal Credit Union | $305,000 | n/a | 0.0% | |
| MSA MORTGAGE, LLC | $305,000 | n/a | 0.0% | |
| Pinnacle Bank | $21,435,000 | $305,000 | -98.6% | 0.0% |
| Network Funding, L.P. | $300,000 | n/a | 0.0% | |
| HNB First Bank | $295,000 | n/a | 0.0% | |
| STAUNTON FINANCIAL, INC. | $295,000 | n/a | 0.0% | |
| Community First National Bank | $680,000 | $290,000 | -57.4% | 0.0% |
| AMERIFIRST BANK | $415,000 | $275,000 | -33.7% | 0.0% |
| DAS Acquisition Company, LLC | $8,790,000 | $275,000 | -96.9% | 0.0% |
| First Metro Bank | $780,000 | $275,000 | -64.7% | 0.0% |
| MDE Home Loans, LLC | $275,000 | n/a | 0.0% | |
| Metro City Bank | $2,275,000 | $275,000 | -87.9% | 0.0% |
| Paramount Bank | $275,000 | n/a | 0.0% | |
| SKYONE Federal Credit Union | $275,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $75,000 | $275,000 | 266.7% | 0.0% |
| ALABAMA STATE EMPLOYEES CREDIT UNION | $760,000 | $265,000 | -65.1% | 0.0% |
| City National Bank of Florida | $275,000 | $265,000 | -3.6% | 0.0% |
| First National Bank | $435,000 | $265,000 | -39.1% | 0.0% |
| Gateway First Bank | $1,690,000 | $265,000 | -84.3% | 0.0% |
| The Farmers Bank | $265,000 | n/a | 0.0% | |
| University Bank | $265,000 | n/a | 0.0% | |
| SILVER HILL FUNDING, LLC | $255,000 | n/a | 0.0% | |
| Southwest Airlines Federal Credit Union | $255,000 | n/a | 0.0% | |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $455,000 | $250,000 | -45.1% | 0.0% |
| LOANFLIGHT LENDING, LLC | $245,000 | n/a | 0.0% | |
| NAVIGATOR CU | $245,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $245,000 | n/a | 0.0% | |
| ArborOne, ACA | $235,000 | n/a | 0.0% | |
| Associated Credit Union | $965,000 | $235,000 | -75.6% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $115,000 | $235,000 | 104.3% | 0.0% |
| RESOURCE FINANCIAL SERVICES, INC. | $235,000 | n/a | 0.0% | |
| Family Security Credit Union | $95,000 | $230,000 | 142.1% | 0.0% |
| PeoplesTrust Bank | $170,000 | $230,000 | 35.3% | 0.0% |
| Atlantic Coast Mortgage, LLC | $225,000 | n/a | 0.0% | |
| b1BANK | $225,000 | n/a | 0.0% | |
| DIRECT MORTGAGE LOANS, LLC | $225,000 | n/a | 0.0% | |
| Origin Bank | $435,000 | $225,000 | -48.3% | 0.0% |
| LAFAYETTE FEDERAL CREDIT UNION | $220,000 | n/a | 0.0% | |
| US MORTGAGE CORPORATION | $285,000 | $220,000 | -22.8% | 0.0% |
| DIRECT LENDERS, LLC | $215,000 | n/a | 0.0% | |
| FIDELITY BANK | $750,000 | $215,000 | -71.3% | 0.0% |
| First Community Bank of Central Alabama | $570,000 | $215,000 | -62.3% | 0.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $155,000 | $205,000 | 32.3% | 0.0% |
| Quontic Bank | $260,000 | $205,000 | -21.2% | 0.0% |
| SWBC MORTGAGE CORPORATION | $1,115,000 | $205,000 | -81.6% | 0.0% |
| OAKTREE FUNDING CORP. | $85,000 | $195,000 | 129.4% | 0.0% |
| RESIDENTIAL BANCORP | $330,000 | $195,000 | -40.9% | 0.0% |
| KINECTA | $1,005,000 | $175,000 | -82.6% | 0.0% |
| The Citizens Bank | $600,000 | $175,000 | -70.8% | 0.0% |
| ATLANTA POSTAL | $220,000 | $165,000 | -25.0% | 0.0% |
| COMPASS MORTGAGE, INC. | $165,000 | n/a | 0.0% | |
| Mortgage Assurance Inc. | $95,000 | $165,000 | 73.7% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $805,000 | $160,000 | -80.1% | 0.0% |
| Alcova Mortgage LLC | $235,000 | $155,000 | -34.0% | 0.0% |
| Liberty Savings Bank, F.S.B. | $155,000 | n/a | 0.0% | |
| PEOPLES BANK OF GREENSBORO | $155,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $655,000 | $150,000 | -77.1% | 0.0% |
| Willamette Valley Bank | $145,000 | $150,000 | 3.4% | 0.0% |
| Home Federal Bank of Tennessee | $145,000 | n/a | 0.0% | |
| Paragon Bank | $145,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $135,000 | n/a | 0.0% | |
| Core Bank | $125,000 | n/a | 0.0% | |
| ENCORE BANK | $125,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $2,115,000 | $125,000 | -94.1% | 0.0% |
| CREDIT UNION FINANCIAL SERVICES, LLC | $115,000 | n/a | 0.0% | |
| Investar Bank | $115,000 | n/a | 0.0% | |
| SOUTH CENTRAL BANK, INC. | $115,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $390,000 | $110,000 | -71.8% | 0.0% |
| Bank of Hope | $105,000 | n/a | 0.0% | |
| BAY-VALLEY MORTGAGE GROUP | $275,000 | $105,000 | -61.8% | 0.0% |
| Memphis City Employees Credit Union | $105,000 | n/a | 0.0% | |
| ALTURA | $85,000 | n/a | 0.0% | |
| COCA-COLA | $85,000 | n/a | 0.0% | |
| American Mortgage Bank, LLC | $75,000 | n/a | 0.0% | |
| PUBLIX EMPLOYEES | $260,000 | $75,000 | -71.2% | 0.0% |
| Northwest Federal Credit Union | $115,000 | $65,000 | -43.5% | 0.0% |
| POINT Mortgage | $565,000 | $65,000 | -88.5% | 0.0% |
| First Western Federal Savings Bank | $85,000 | $55,000 | -35.3% | 0.0% |
| FLAT BRANCH MORTGAGE, INC. | $140,000 | $55,000 | -60.7% | 0.0% |
| SouthStar Bank, S.S.B. | $170,000 | $45,000 | -73.5% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $45,000 | n/a | 0.0% | |
| Bank-Fund Staff Federal Credit Union | $95,000 | $35,000 | -63.2% | 0.0% |
BIRMINGHAM - HOOVER's top lender by overall market share is Regions Bank, with 5.8% market share. In second place, with 5.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $317,860,000 in loans. In third place, with 4.0%, is QUICKEN LOANS, LLC, having originated $225,700,000 in loans. In fourth place, with 3.7%, is BancorpSouth, having originated $208,895,000 in loans. In fifth place, with 3.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $201,390,000 in loans.
BIRMINGHAM-HOOVER, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 13,942 | $3,830,000,000 | $274,710 |
| Other | 2,810 | $295,400,000 | $105,125 |
| Refi | 2,585 | $816,205,000 | $315,747 |
| Cash Out Refi | 2,512 | $500,540,000 | $199,260 |
| Home Improvement | 2,092 | $196,680,000 | $94,015 |
| NA | 6 | $950,000 | $158,333 |
Birmingham - Hoover's most frequently cited loan purpose was Home Purchase, with 13,942 originations. The 2nd most popular reason was Other, with 2,810 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 9,458 | $2,566,410,000 | $271,348 |
| Over 8% | 4,501 | $534,535,000 | $118,759 |
| 5-6% | 4,248 | $1,233,500,000 | $290,372 |
| 7-8% | 3,864 | $936,820,000 | $242,448 |
| 4-5% | 582 | $146,190,000 | $251,186 |
| <2.5% | 346 | $9,830,000 | $28,410 |
| 3-4% | 87 | $38,615,000 | $443,851 |
| 2.5-3% | 18 | $5,220,000 | $290,000 |
During 2024, Birmingham - Hoover's most frequently originated rate bucket was 6-7%, with 9,458 originations.
Loan Sizing (BIRMINGHAM-HOOVER, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 8,507 | $2,383,545,000 | $280,186 |
| $100,000 or less | 6,730 | $343,640,000 | $51,061 |
| $100k-200k | 5,790 | $858,440,000 | $148,263 |
| $400k-600k | 1,991 | $949,635,000 | $476,964 |
| $600k-1000k | 724 | $523,190,000 | $722,638 |
| $Over $1MM | 205 | $581,325,000 | $2,835,732 |
BIRMINGHAM - HOOVER's loan sizing saw the bucket of loans from $200k-400k with 8,507 originations, totaling $2,383,545,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 9,892 | $2,873,220,000 | $290,459 |
| 60-80% | 4,333 | $1,403,125,000 | $323,823 |
| Under 20% | 3,864 | $185,890,000 | $48,108 |
| 20-40% | 2,583 | $336,165,000 | $130,145 |
| 40-60% | 1,644 | $439,280,000 | $267,202 |
| Over 100% | 381 | $133,765,000 | $351,089 |
BIRMINGHAM - HOOVER's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 9,892 originations, totaling $2,873,220,000 in origination value.