DOTHAN Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Dothan averaged 6.97% for the week of 2025-07-10, compared to the national average of 6.72% for the same period.

The average rate for the prior week (2025-07-03) was 6.82% and one month ago for the week of 2025-06-05, the average rate was 6.9%.

Dothan's average rate one year ago was 7.1%.

For refis of the same type during the week of 2025-07-10, the average rate was 7.01%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-07-10 6.72%
Dothan 30 Year Fixed Rate 2025-07-10 6.97%
Dothan 30 Year Fixed Rate Refi 2025-07-10 7.01%
Dothan 15 Year Fixed Rate 2025-07-10 5.76%
Dothan 15 Year Fixed Rate Refi 2025-07-10 6.16%
Dothan 30 Year FHA 2025-07-10 6.56%
Dothan 30 Year FHA Refi 2025-07-10 6.42%
Dothan 30 Year USDA 2025-07-10 6.59%
Dothan 30 Year USDA Refi 2025-07-10 6.45%
Dothan 30 Year VA 2025-07-10 6.57%
Dothan 30 Year VA Refi 2025-07-10 5.86%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within DOTHAN, AL.

DOTHAN 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 DOTHAN, 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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 59 6.77% $6,460
INTERLINC MORTGAGE SERVICES, LLC 52 6.79% $3,099
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 38 6.91% $4,789
Troy Bank and Trust Company 27 7.23% $3,395
Renasant Bank 26 6.72% $4,567
Regions Bank 24 6.99% $4,353
ServisFirst Bank 21 6.74% $4,894
TOWNE MORTGAGE COMPANY 20 6.68% $5,478
MOVEMENT MORTGAGE, LLC 20 6.86% $5,139
STOCKTON MORTGAGE CORPORATION 17 6.84% $4,930
Tyndall Federal Credit Union 14 6.61% $3,635
Ameris Bank 13 6.78% $4,872
NAVY FEDERAL CREDIT UNION 13 6.56% $3,520
Wells Fargo Bank 13 6.58% $4,784
River Bank & Trust 12 7.68% $4,694
PENNYMAC LOAN SERVICES, LLC 11 6.86% $5,416
BankPlus 11 6.59% $3,987
UNITED WHOLESALE MORTGAGE, LLC 10 7.15% $7,994
CMG MORTGAGE, INC. 10 6.62% $7,151
Synovus Bank 9 6.76% $5,482
Mortgage Research Center, LLC 9 7.00% $1,978
NEWREZ LLC 8 6.98% $4,095
UNION HOME MORTGAGE CORP. 6 6.75% $5,033
PHH Mortgage Corporation 6 6.56% $4,965
CROSSCOUNTRY MORTGAGE, LLC 6 6.99% $6,346
SOUTHWEST FUNDING, LP 6 6.58% $6,540
JPMorgan Chase Bank 6 7.19% $5,126
Mr. Cooper ( Nationstar Mortgage ) 5 7.14% $7,732
PNC Bank 5 6.83% $4,650
USAA Federal Savings Bank 5 6.63% $5,169
South State Bank 5 6.70% $3,648
BROKER SOLUTIONS, INC. 5 6.80% $6,893
LOANDEPOT.COM, LLC 5 6.41% $6,228
Consumer First Mortgage, Inc. 4 6.09% $9,767
DHI MORTGAGE COMPANY, LTD. 4 5.65% $2,538
ROYAL UNITED MORTGAGE LLC 4 7.25% $6,668
ENVOY MORTGAGE, LTD 4 7.12% $6,155
21ST MORTGAGE CORPORATION 4 8.51% $6,358
PREMIA MORTGAGE, LLC 4 6.75% $1,740
GUILD MORTGAGE COMPANY 3 6.50% $4,168
MORTGAGE INVESTORS GROUP, INC. 3 6.50% $7,441
Truist 3 6.79% $5,520
Fifth Third Bank 3 7.08% $3,589
AMERICAN FINANCIAL NETWORK, INC. 3 6.38% $5,824
CARDINAL FINANCIAL 3 6.71% $5,925
SmartBank 3 6.00% $3,923
ZILLOW HOME LOANS, LLC 2 7.13% $3,214
Assurance Financial Group, L.L.C. 2 7.06% $2,739
ENDEAVOR CAPITAL, LLC. 2 6.94% $6,824
FREEDOM MORTGAGE CORPORATION 2 7.44% $10,877
LENOX FINANCIAL MORTGAGE CORPORATION 2 6.62% $3,860
PeoplesSouth Bank 2 8.21% $790
Presidential Bank, FSB 2 6.99% $5,344
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 7.06% $6,423
Trustmark National Bank 2 6.13% $9,822
VANDERBILT MORTGAGE AND FINANCE, INC. 2 8.13% $4,836
LENDSURE MORTGAGE CORP. 1 7.88% $15,473
OCMBC, INC. 1 6.88% $11,361
HOMESIDE FINANCIAL, LLC 1 6.63% $8,146
PENTAGON FEDERAL CREDIT UNION 1 6.00% $9,965
U.S. Bank 1 6.99% $2,464
Hancock Whitney Bank 1 6.63% $3,364
Goldman Sachs Bank USA 1 5.80% $3,431
GARDNER FINANCIAL SERVICES, LTD. 1 6.63% $3,368
PREMIER MORTGAGE RESOURCES, L.L.C. 1 5.75% $6,650
1ST SIGNATURE LENDING, LLC 1 6.00% $5,077
Waterstone Mortgage Corporation 1 6.13% $6,936
Flagstar Bank, FSB 1 7.00% $4,636
First Federal Bank, A FSB 1 6.00% $8,123
FIRST COMMUNITY MORTGAGE, INC. 1 6.99% $4,289
FirstBank 1 8.76% $5,163
EMBRACE HOME LOANS, INC. 1 7.13% $3,240
Discover Bank 1 8.31% $0
Sierra Pacific Mortgage Company, Inc. 1 7.50% $6,060
DELTA COMMUNITY CREDIT UNION 1 5.88% $5,889
SOUTHPOINT FINANCIAL SERVICES, INC. 1 6.99% $2,935
DELMAR FINANCIAL COMPANY 1 6.63% $3,918
Cornerstone First Mortgage, Inc 1 7.38% $3,933
Stifel Bank and Trust 1 6.38% $2,981
Commerce Home Mortgage, Inc. 1 9.75% $14,901
CAMPUS USA 1 6.63% $3,996
T2 FINANCIAL LLC 1 6.63% $4,056
The Huntington National Bank 1 7.50% $6,039
BETTER MORTGAGE CORPORATION 1 5.99% $2,872
TRIAD FINANCIAL SERVICES, INC. 1 7.95% $6,144
BAYSHORE MORTGAGE FUNDING, LLC 1 6.50% $4,145
Bank of America 1 6.75% $3,890
AMERICAN FINANCIAL RESOURCES, INC. 1 6.38% $3,351
AVADIAN 1 7.00% $3,064
APCO EMPLOYEES 1 6.88% $3,102
AMERISAVE MORTGAGE CORPORATION 1 5.75% $19,848
AMERICA'S FIRST 1 6.75% $7,508
MID AMERICA MORTGAGE, INC. 1 7.13% $5,738
MTC Federal Credit Union 1 7.50% $4,835
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.38% $5,138
Mutual Savings Credit Union 1 5.65% $8,161
MAX Credit Union 1 7.00% $7,460

DOTHAN Average Closing Costs & Other Stats

DOTHAN, AL's 97 lenders originated 3,186 loans during 2024. The total origination value was $580,640,000, with an average loan value of $182,247.

DOTHAN's average closing costs are $4,632.

The top DOTHAN lender as defined by loan originations is QUICKEN LOANS, LLC, with 59 loans originated. Their average total fees are $6,460, which is $3,361 higher than the next largest lender, INTERLINC MORTGAGE SERVICES, LLC.

The lowest fee DOTHAN lenders (with over 10 loans originated) are INTERLINC MORTGAGE SERVICES, LLC ($3,099), Troy Bank and Trust Company ($3,395), NAVY FEDERAL CREDIT UNION ($3,520), Tyndall Federal Credit Union ($3,635) and BankPlus ($3,987).

The lowest rate DOTHAN lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (6.56%), Wells Fargo Bank (6.58%), BankPlus (6.59%), Tyndall Federal Credit Union (6.61%) and CMG MORTGAGE, INC. (6.62%).

DOTHAN, 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
Mortgage Research Center, LLC $29,905,000 $35,830,000 19.8% 6.2%
QUICKEN LOANS, LLC $28,150,000 $27,405,000 -2.6% 4.7%
INTERLINC MORTGAGE SERVICES, LLC $19,375,000 $23,840,000 23.0% 4.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $30,215,000 $21,140,000 -30.0% 3.6%
Troy Bank and Trust Company $12,080,000 $19,625,000 62.5% 3.4%
UNITED WHOLESALE MORTGAGE, LLC $8,675,000 $19,075,000 119.9% 3.3%
ALL IN $17,640,000 $17,645,000 0.0% 3.0%
MOVEMENT MORTGAGE, LLC $3,895,000 $15,885,000 307.8% 2.7%
PENNYMAC LOAN SERVICES, LLC $13,865,000 $15,315,000 10.5% 2.6%
Regions Bank $10,510,000 $13,650,000 29.9% 2.4%
Five Star Credit Union $10,980,000 $13,075,000 19.1% 2.3%
ORIX REAL ESTATE CAPITAL, LLC $11,795,000 n/a 2.0%
BankPlus $7,960,000 $11,770,000 47.9% 2.0%
River Bank & Trust $18,315,000 $11,245,000 -38.6% 1.9%
21ST MORTGAGE CORPORATION $9,565,000 $11,130,000 16.4% 1.9%
ServisFirst Bank $7,105,000 $11,085,000 56.0% 1.9%
PeoplesSouth Bank $10,170,000 $10,510,000 3.3% 1.8%
Renasant Bank $10,845,000 $9,980,000 -8.0% 1.7%
Ameris Bank $20,995,000 $9,635,000 -54.1% 1.7%
Tyndall Federal Credit Union $7,835,000 $9,385,000 19.8% 1.6%
CROSSCOUNTRY MORTGAGE, LLC $7,775,000 $9,100,000 17.0% 1.6%
FREEDOM MORTGAGE CORPORATION $3,420,000 $9,020,000 163.7% 1.6%
TOWNE MORTGAGE COMPANY $805,000 $8,665,000 976.4% 1.5%
CMG MORTGAGE, INC. $2,555,000 $8,420,000 229.5% 1.5%
STOCKTON MORTGAGE CORPORATION $2,455,000 $8,245,000 235.8% 1.4%
NAVY FEDERAL CREDIT UNION $8,910,000 $8,215,000 -7.8% 1.4%
BankSouth $10,435,000 $7,235,000 -30.7% 1.2%
HNB First Bank $4,240,000 $7,085,000 67.1% 1.2%
The First National Bank of Hartford $6,660,000 $6,415,000 -3.7% 1.1%
Synovus Bank $5,815,000 $6,230,000 7.1% 1.1%
AVADIAN $6,265,000 $6,170,000 -1.5% 1.1%
SOUTHWEST FUNDING, LP $5,125,000 n/a 0.9%
USAA Federal Savings Bank $5,595,000 $5,095,000 -8.9% 0.9%
ENVOY MORTGAGE, LTD $12,905,000 $5,075,000 -60.7% 0.9%
UNION HOME MORTGAGE CORP. $2,835,000 $4,910,000 73.2% 0.8%
Wells Fargo Bank $3,910,000 $4,890,000 25.1% 0.8%
AMERICAN FINANCIAL RESOURCES, INC. $2,400,000 $4,790,000 99.6% 0.8%
The Samson Banking Company, Inc. $4,155,000 $4,380,000 5.4% 0.8%
VANDERBILT MORTGAGE AND FINANCE, INC. $2,450,000 $4,280,000 74.7% 0.7%
APCO EMPLOYEES $7,855,000 $4,200,000 -46.5% 0.7%
Mr. Cooper ( Nationstar Mortgage ) $2,735,000 $4,145,000 51.6% 0.7%
NEWREZ LLC $4,660,000 $4,140,000 -11.2% 0.7%
LOANDEPOT.COM, LLC $2,720,000 $3,735,000 37.3% 0.6%
PNC Bank $3,330,000 $3,620,000 8.7% 0.6%
Magnolia Bank $485,000 $3,305,000 581.4% 0.6%
NEW DAY FINANCIAL, LLC $2,720,000 $3,215,000 18.2% 0.6%
DHI MORTGAGE COMPANY, LTD. $520,000 $3,085,000 493.3% 0.5%
BROKER SOLUTIONS, INC. $2,165,000 $2,875,000 32.8% 0.5%
First State Bank of Blakely, Inc. $3,650,000 $2,710,000 -25.8% 0.5%
The Federal Savings Bank $315,000 $2,420,000 668.3% 0.4%
LAKEVIEW LOAN SERVICING, LLC $450,000 $2,250,000 400.0% 0.4%
Flagstar Bank, FSB $960,000 $2,170,000 126.0% 0.4%
SmartBank $2,845,000 $2,100,000 -26.2% 0.4%
VILLAGE CAPITAL MORTGAGE $1,160,000 $2,045,000 76.3% 0.4%
AMERISAVE MORTGAGE CORPORATION $2,485,000 $1,815,000 -27.0% 0.3%
PLANET HOME LENDING, LLC $635,000 $1,810,000 185.0% 0.3%
Assurance Financial Group, L.L.C. $375,000 $1,705,000 354.7% 0.3%
First Federal Bank $2,465,000 $1,680,000 -31.8% 0.3%
Centennial Bank $1,660,000 n/a 0.3%
MORTGAGE INVESTORS GROUP, INC. $4,100,000 $1,640,000 -60.0% 0.3%
GUILD MORTGAGE COMPANY $1,625,000 $1,630,000 0.3% 0.3%
JPMorgan Chase Bank $2,825,000 $1,610,000 -43.0% 0.3%
LENDINGHOME FUNDING CORPORATION $795,000 $1,525,000 91.8% 0.3%
Trustmark National Bank $1,605,000 $1,485,000 -7.5% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,130,000 $1,420,000 -54.6% 0.2%
AmeriHome Mortgage Company, LLC $1,395,000 n/a 0.2%
CARDINAL FINANCIAL $3,435,000 $1,395,000 -59.4% 0.2%
Consumer First Mortgage, Inc. $1,385,000 n/a 0.2%
Carrington Mortgage Services, LLC $1,765,000 $1,370,000 -22.4% 0.2%
MidSouth Bank $3,165,000 $1,320,000 -58.3% 0.2%
LIMA ONE CAPITAL, LLC $1,300,000 n/a 0.2%
South State Bank $780,000 $1,235,000 58.3% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $860,000 $1,220,000 41.9% 0.2%
PHH Mortgage Corporation $655,000 $1,195,000 82.4% 0.2%
PREMIA MORTGAGE, LLC $845,000 $1,160,000 37.3% 0.2%
Truist $645,000 $1,085,000 68.2% 0.2%
CLEARPATH LENDING $285,000 $1,070,000 275.4% 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $265,000 $1,020,000 284.9% 0.2%
MORTGAGE SOLUTIONS OF COLORADO, LLC $715,000 $1,015,000 42.0% 0.2%
GUARANTEED RATE, INC. $2,540,000 $1,005,000 -60.4% 0.2%
Discover Bank $910,000 $1,000,000 9.9% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $175,000 $970,000 454.3% 0.2%
Fifth Third Bank $340,000 $955,000 180.9% 0.2%
Waterstone Mortgage Corporation $235,000 $915,000 289.4% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $430,000 $900,000 109.3% 0.2%
TRIAD FINANCIAL SERVICES, INC. $250,000 $860,000 244.0% 0.1%
LIBERTY HOME MORTGAGE CORPORATION $845,000 n/a 0.1%
PLAZA HOME MORTGAGE, INC. $845,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $440,000 $800,000 81.8% 0.1%
The Huntington National Bank $755,000 n/a 0.1%
EMM LOANS LLC $165,000 $750,000 354.5% 0.1%
BETTER MORTGAGE CORPORATION $730,000 n/a 0.1%
Equity Prime Mortgage LLC $265,000 $710,000 167.9% 0.1%
Presidential Bank, FSB $345,000 $700,000 102.9% 0.1%
ROYAL UNITED MORTGAGE LLC $280,000 $700,000 150.0% 0.1%
Figure Lending LLC $465,000 $680,000 46.2% 0.1%
ENDEAVOR CAPITAL, LLC. $655,000 n/a 0.1%
Mutual Savings Credit Union $645,000 n/a 0.1%
CANOPY MORTGAGE, LLC $635,000 n/a 0.1%
Barrington Bank & Trust Company, N.A. $855,000 $615,000 -28.1% 0.1%
SILVER HILL FUNDING, LLC $605,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $210,000 $600,000 185.7% 0.1%
AMERICA'S FIRST $350,000 $595,000 70.0% 0.1%
HOMESIDE FINANCIAL, LLC $595,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $1,285,000 $570,000 -55.6% 0.1%
SWBC MORTGAGE CORPORATION $155,000 $535,000 245.2% 0.1%
LENOX FINANCIAL MORTGAGE CORPORATION $155,000 $530,000 241.9% 0.1%
MAX Credit Union $525,000 n/a 0.1%
EvaBank $770,000 $520,000 -32.5% 0.1%
CSL Financial, LLC $65,000 $515,000 692.3% 0.1%
Bank of America $570,000 $505,000 -11.4% 0.1%
Goldman Sachs Bank USA $505,000 n/a 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $505,000 n/a 0.1%
CCB Community Bank $1,095,000 $485,000 -55.7% 0.1%
RELIANCE FIRST CAPITAL, LLC $125,000 $475,000 280.0% 0.1%
Armed Forces Bank $670,000 $460,000 -31.3% 0.1%
First Federal Bank, A FSB $425,000 n/a 0.1%
AMWEST FUNDING CORP. $415,000 n/a 0.1%
The Citizens National Bank of Meridian $415,000 n/a 0.1%
MTC Federal Credit Union $410,000 n/a 0.1%
CIS Financial Services, Inc. $410,000 $390,000 -4.9% 0.1%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $380,000 n/a 0.1%
Alcova Mortgage LLC $355,000 n/a 0.1%
GENEVA FINANCIAL, LLC $425,000 $355,000 -16.5% 0.1%
Innovations Federal Credit Union $505,000 $350,000 -30.7% 0.1%
Sierra Pacific Mortgage Company, Inc. $85,000 $350,000 311.8% 0.1%
FirstBank $4,075,000 $345,000 -91.5% 0.1%
Mid-Continent Funding, Inc. $215,000 $340,000 58.1% 0.1%
Coastal Community Bank $165,000 $335,000 103.0% 0.1%
Commerce Home Mortgage, Inc. $335,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $315,000 n/a 0.1%
FIDELITY BANK $315,000 n/a 0.1%
Credence Funding Corporation $305,000 n/a 0.1%
DELTA COMMUNITY CREDIT UNION $295,000 n/a 0.1%
SOUTHPOINT FINANCIAL SERVICES, INC. $290,000 n/a 0.0%
CAMPUS USA $285,000 n/a 0.0%
First Horizon Bank $285,000 n/a 0.0%
LENDSURE MORTGAGE CORP. $285,000 n/a 0.0%
MILEND, INC. $1,135,000 $280,000 -75.3% 0.0%
University Bank $450,000 $275,000 -38.9% 0.0%
U.S. Bank $985,000 $275,000 -72.1% 0.0%
SOUTHWEST STAGE FUNDING, LLC $420,000 $260,000 -38.1% 0.0%
Plains Commerce Bank $1,175,000 $245,000 -79.1% 0.0%
Stifel Bank and Trust $245,000 n/a 0.0%
First South Farm Credit, ACA $345,000 $235,000 -31.9% 0.0%
Granite Community Bank $235,000 n/a 0.0%
OCMBC, INC. $235,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $460,000 $225,000 -51.1% 0.0%
Citizens Bank & Trust Company of Vivian, Louisiana $225,000 n/a 0.0%
SPRING EQ, LLC $90,000 $220,000 144.4% 0.0%
BancorpSouth $215,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $205,000 n/a 0.0%
FIRST COLONY MORTGAGE CORPORATION $205,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $655,000 $205,000 -68.7% 0.0%
SouthPoint Bank $205,000 n/a 0.0%
Texana Bank $205,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $305,000 $195,000 -36.1% 0.0%
Prosperity Home Mortgage, LLC $480,000 $190,000 -60.4% 0.0%
A&D Mortgage LLC $435,000 $185,000 -57.5% 0.0%
CB&S Bank, Inc. $185,000 n/a 0.0%
Loan Simple, Inc. $185,000 n/a 0.0%
NEXERA HOLDING LLC $185,000 n/a 0.0%
Hamilton Mortgage Corporation $170,000 $180,000 5.9% 0.0%
Arvest Bank $175,000 n/a 0.0%
Gulf Winds Credit Union $165,000 $175,000 6.1% 0.0%
NBH Bank $175,000 n/a 0.0%
PREMIER MORTGAGE RESOURCES, L.L.C. $175,000 n/a 0.0%
1ST SIGNATURE LENDING, LLC $165,000 n/a 0.0%
Colony Bank $165,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $165,000 n/a 0.0%
Cornerstone First Mortgage, Inc $155,000 n/a 0.0%
EMBRACE HOME LOANS, INC. $155,000 n/a 0.0%
Hancock Whitney Bank $155,000 n/a 0.0%
T2 FINANCIAL LLC $155,000 n/a 0.0%
The Citizens Bank $570,000 $155,000 -72.8% 0.0%
HOMEXPRESS MORTGAGE CORP. $325,000 $145,000 -55.4% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $575,000 $135,000 -76.5% 0.0%
Guardian Credit Union $65,000 $125,000 92.3% 0.0%
MID AMERICA MORTGAGE, INC. $390,000 $125,000 -67.9% 0.0%
LONGBRIDGE FINANCIAL, LLC $115,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $135,000 $105,000 -22.2% 0.0%
First American Bank $105,000 n/a 0.0%
FIRST COMMERCE CREDIT UNION $515,000 $105,000 -79.6% 0.0%
GARDNER FINANCIAL SERVICES, LTD. $105,000 n/a 0.0%
LOANPAL, LLC $335,000 $100,000 -70.1% 0.0%
DOMINION FINANCIAL SERVICES, LLC $85,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $145,000 $85,000 -41.4% 0.0%
United Community Bank $120,000 $85,000 -29.2% 0.0%
GMFS LLC $610,000 $75,000 -87.7% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $75,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $65,000 n/a 0.0%
REDSTONE Federal Credit Union $160,000 $65,000 -59.4% 0.0%
RESIDENTIAL BANCORP $65,000 n/a 0.0%
Transportation Federal Credit Union $35,000 n/a 0.0%

DOTHAN's top lender by overall market share is Mortgage Research Center, LLC, with 6.2% market share. In second place, with 4.7%, is QUICKEN LOANS, LLC, having originated $27,405,000 in loans. In third place, with 4.1%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $23,840,000 in loans. In fourth place, with 3.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $21,140,000 in loans. In fifth place, with 3.4%, is Troy Bank and Trust Company, having originated $19,625,000 in loans.

DOTHAN, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,704 $359,690,000 $211,086
Refi 517 $111,285,000 $215,251
Other 357 $27,635,000 $77,409
Cash Out Refi 344 $62,390,000 $181,366
Home Improvement 263 $19,535,000 $74,278
NA 1 $105,000 $105,000

Dothan's most frequently cited loan purpose was Home Purchase, with 1,704 originations. The 2nd most popular reason was Refi, with 517 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,121 $236,135,000 $210,647
Over 8% 647 $67,925,000 $104,985
7-8% 553 $112,165,000 $202,830
5-6% 447 $107,855,000 $241,286
4-5% 49 $10,505,000 $214,388
<2.5% 4 $300,000 $75,000
3-4% 2 $540,000 $270,000

During 2024, Dothan's most frequently originated rate bucket was 6-7%, with 1,121 originations.

Loan Sizing (DOTHAN, AL MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 1,073 $57,135,000 $53,248
$100k-200k 963 $142,665,000 $148,146
$200k-400k 963 $264,745,000 $274,917
$400k-600k 143 $66,715,000 $466,538
$600k-1000k 36 $24,100,000 $669,444
$Over $1MM 8 $25,280,000 $3,160,000

DOTHAN's loan sizing saw the bucket of loans from $100,000 or less with 1,073 originations, totaling $57,135,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,278 $301,420,000 $235,853
60-80% 498 $105,260,000 $211,365
20-40% 334 $26,720,000 $80,000
Under 20% 313 $13,175,000 $42,093
40-60% 226 $31,990,000 $141,549
Over 100% 93 $37,305,000 $401,129

DOTHAN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,278 originations, totaling $301,420,000 in origination value.