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 6.86% for the week of 2023-11-22, compared to the national average of 7.29% for the same period.

The average rate for the prior week (2023-11-16) was 7.21% and one month ago for the week of 2023-10-19, the average rate was 7.4%.

Dothan's average rate one year ago was 6.28%.

For refis of the same type during the week of 2023-11-22, the average rate was 6.32%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-11-22 7.29%
Dothan 30 Year Fixed Rate 2023-11-22 6.86%
Dothan 30 Year Fixed Rate Refi 2023-11-22 6.32%
Dothan 15 Year Fixed Rate 2023-11-22 6.63%
Dothan 15 Year Fixed Rate Refi 2023-11-22 6.77%
Dothan 30 Year FHA 2023-11-22 -0.51%
Dothan 30 Year FHA Refi 2023-11-22 0.1%
Dothan 30 Year USDA 2023-11-22 -0.35%
Dothan 30 Year USDA Refi 2023-11-22 -0.1%
Dothan 30 Year VA 2023-11-22 -0.33%
Dothan 30 Year VA Refi 2023-11-22 0.2%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 93 4.91% $4,115
INTERLINC MORTGAGE SERVICES, LLC 89 4.93% $2,512
QUICKEN LOANS, LLC 75 4.89% $5,873
Ameris Bank 47 4.92% $4,755
PENNYMAC LOAN SERVICES, LLC 41 4.49% $4,885
Renasant Bank 40 4.78% $4,330
Regions Bank 36 5.08% $4,469
Tyndall Federal Credit Union 32 4.95% $2,948
River Bank & Trust 31 4.87% $4,700
Five Star Credit Union 30 4.88% $4,108
Wells Fargo Bank 27 4.69% $3,130
FirstBank 22 4.58% $4,586
Hometown Lenders, Inc. 21 5.02% $5,267
ServisFirst Bank 20 5.04% $3,753
UNION HOME MORTGAGE CORP. 18 4.67% $4,520
Troy Bank and Trust Company 17 4.34% $3,373
LOANDEPOT.COM, LLC 16 4.76% $5,066
UNITED WHOLESALE MORTGAGE, LLC 13 4.87% $5,496
Synovus Bank 11 4.47% $3,345
ENVOY MORTGAGE, LTD 11 5.34% $4,741
APCO EMPLOYEES 11 4.38% $3,129
CALIBER HOME LOANS, INC. 9 4.66% $4,171
GUILD MORTGAGE COMPANY 9 4.26% $4,301
JPMorgan Chase Bank 9 5.10% $4,014
Mr. Cooper ( Nationstar Mortgage ) 9 4.48% $5,630
NAVY FEDERAL CREDIT UNION 8 5.02% $2,634
MORTGAGE INVESTORS GROUP, INC. 8 5.17% $4,034
NEWREZ LLC 7 6.10% $6,647
BROKER SOLUTIONS, INC. 6 5.27% $4,876
Trustmark National Bank 6 5.31% $2,858
Hamilton Mortgage Corporation 6 4.02% $4,250
AMERICAN FINANCING CORPORATION 6 4.48% $5,455
Mortgage Research Center, LLC 6 4.96% $2,554
Ixonia Bank 6 5.83% $3,906
PNC Bank 6 4.35% $4,045
21ST MORTGAGE CORPORATION 5 5.82% $5,947
BankPlus 5 4.03% $3,119
South State Bank 5 4.63% $3,852
ROYAL UNITED MORTGAGE LLC 4 6.59% $5,559
FREEDOM MORTGAGE CORPORATION 4 4.88% $5,154
PRIMARY RESIDENTIAL MORTGAGE, INC. 3 5.13% $4,702
HOME POINT FINANCIAL CORPORATION 3 4.00% $5,279
CROSSCOUNTRY MORTGAGE, LLC 3 6.00% $4,291
Nations Lending Corporation 3 5.87% $3,899
Truist 3 3.98% $3,599
BETTER MORTGAGE CORPORATION 3 3.79% $2,927
CRESCENT MORTGAGE COMPANY 3 4.41% $5,535
ALL IN 3 4.41% $4,397
Consumer First Mortgage, Inc. 2 3.06% $4,627
Ally Bank 2 5.25% $3,924
AVADIAN 2 3.25% $2,995
Carrington Mortgage Services, LLC 2 6.00% $4,872
CHURCHILL MORTGAGE CORPORATION 2 4.75% $3,934
Citizens Bank 2 3.56% $6,682
CMG MORTGAGE, INC. 2 4.88% $6,215
FINANCE OF AMERICA MORTGAGE LLC 2 4.81% $7,979
First Federal Bank 2 5.06% $6,604
First Home Bank 2 3.44% $2,436
GMFS LLC 2 2.88% $2,994
GUARANTEED RATE, INC. 2 5.19% $6,462
MUTUAL OF OMAHA MORTGAGE, INC. 2 4.44% $7,649
PLANET HOME LENDING, LLC 2 5.69% $5,222
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.56% $4,696
SmartBank 2 5.56% $4,267
STOCKTON MORTGAGE CORPORATION 2 3.75% $8,317
The Central Trust Bank 2 5.31% $4,313
TJC Mortgage, Inc. 2 4.69% $6,597
VANDERBILT MORTGAGE AND FINANCE, INC. 2 5.50% $5,147
Waterstone Mortgage Corporation 2 4.88% $5,567
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 6.88% $5,968
First South Farm Credit, ACA 1 5.80% $3,726
First Reliance Bank 1 3.88% $2,895
NBKC BANK 1 3.88% $2,746
First Guaranty Mortgage Corporation 1 3.63% $9,609
ENCORE BANK 1 5.37% $5,759
Peoples Bank 1 5.50% $4,069
UBS Bank USA 1 3.50% $4,471
Encompass Lending Group, LP 1 6.25% $3,453
EMM LOANS LLC 1 4.50% $5,858
AMERISAVE MORTGAGE CORPORATION 1 4.50% $9,982
DIRECT LENDERS, LLC 1 6.75% $1,224
REDSTONE Federal Credit Union 1 5.63% $2,084
DELMAR FINANCIAL COMPANY 1 5.38% $3,807
Colonial Savings, F.A. 1 7.00% $3,737
Republic Bank & Trust Company 1 3.88% $3,335
RESIDENTIAL BANCORP 1 3.88% $3,465
Charles Schwab Bank, SSB 1 4.63% $1,496
CARDINAL FINANCIAL 1 6.99% $2,634
Baxter Credit Union 1 4.75% $2,903
Simmons Bank 1 3.88% $9,346
UNITED MORTGAGE CORP 1 5.50% $6,473
SOUTHEAST MORTGAGE OF GEORGIA, INC. 1 5.75% $3,971
SouthPoint Bank 1 4.13% $3,187
SOUTHPOINT FINANCIAL SERVICES, INC. 1 4.99% $6,630
Bank of America 1 5.38% $3,000
SOUTHWEST FUNDING, LP 1 5.13% $3,623
STEARNS LENDING, LLC 1 3.13% $13,570
AMERICAN PACIFIC MORTGAGE CORPORATION 1 5.63% $19,895
ATLANTA POSTAL 1 4.25% $3,431
T2 FINANCIAL LLC 1 4.99% $4,753
U.S. Bank 1 5.63% $2,310
The Federal Savings Bank 1 4.00% $21,540
The Huntington National Bank 1 7.63% $10,336
THE MORTGAGE FIRM, INC. 1 4.88% $3,864
ACOPIA, LLC 1 3.50% $8,331
Assurance Financial Group, L.L.C. 1 5.13% $5,275
ASCEND FEDERAL CREDIT UNION 1 4.25% $4,047
Armed Forces Bank 1 5.75% $2,300
HOMESTAR FINANCIAL CORPORATION 1 6.13% $5,029
LAKEVIEW LOAN SERVICING, LLC 1 3.75% $6,401
Lend Smart Mortgage, LLC 1 6.00% $3,102
Listerhill Credit Union 1 4.75% $1,962
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 5.38% $5,996
GUARANTEED RATE AFFINITY, LLC 1 4.63% $3,784
Gateway First Bank 1 5.13% $3,969
MOVEMENT MORTGAGE, LLC 1 3.50% $3,091
Flagstar Bank, FSB 1 6.13% $3,704

DOTHAN Average Closing Costs & Other Stats

DOTHAN, AL's 117 lenders originated 3,485 loans during 2022. The total origination value was $655,735,000, with an average loan value of $188,159.

DOTHAN's average closing costs are $4,195.

The top DOTHAN lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 93 loans originated. Their average total fees are $4,115, which is $1,603 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 ($2,512), Tyndall Federal Credit Union ($2,948), APCO EMPLOYEES ($3,129), Wells Fargo Bank ($3,130) and Synovus Bank ($3,345).

The lowest rate DOTHAN lenders (with over 10 loans originated) are Troy Bank and Trust Company (4.34%), APCO EMPLOYEES (4.38%), Synovus Bank (4.47%), PENNYMAC LOAN SERVICES, LLC (4.49%) and FirstBank (4.58%).

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 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $63,515,000 $45,955,000 -27.6% 7.0%
INTERLINC MORTGAGE SERVICES, LLC $58,895,000 $41,265,000 -29.9% 6.3%
QUICKEN LOANS, LLC $78,300,000 $34,310,000 -56.2% 5.2%
Mortgage Research Center, LLC $41,960,000 $28,210,000 -32.8% 4.3%
Ameris Bank $34,070,000 $24,010,000 -29.5% 3.7%
River Bank & Trust $13,165,000 $22,930,000 74.2% 3.5%
Renasant Bank $54,930,000 $19,925,000 -63.7% 3.0%
Regions Bank $26,980,000 $19,830,000 -26.5% 3.0%
PENNYMAC LOAN SERVICES, LLC $22,400,000 $19,345,000 -13.6% 3.0%
ALL IN $2,360,000 $18,940,000 702.5% 2.9%
Hometown Lenders, Inc. $30,400,000 $18,875,000 -37.9% 2.9%
Capital One $16,745,000 n/a 2.6%
PeoplesSouth Bank $15,155,000 $15,925,000 5.1% 2.4%
ServisFirst Bank $15,570,000 $15,320,000 -1.6% 2.3%
READYCAP COMMERCIAL, LLC $14,005,000 n/a 2.1%
Troy Bank and Trust Company $9,030,000 $11,520,000 27.6% 1.8%
FirstBank $16,515,000 $11,445,000 -30.7% 1.7%
Five Star Credit Union $15,945,000 $10,955,000 -31.3% 1.7%
The First National Bank of Hartford $6,380,000 $10,765,000 68.7% 1.6%
Synovus Bank $6,820,000 $10,625,000 55.8% 1.6%
UNITED WHOLESALE MORTGAGE, LLC $7,115,000 $9,825,000 38.1% 1.5%
Tyndall Federal Credit Union $19,990,000 $9,690,000 -51.5% 1.5%
Grandbridge Real Estate Capital LLC $9,005,000 n/a 1.4%
LOANDEPOT.COM, LLC $10,930,000 $8,315,000 -23.9% 1.3%
Wells Fargo Bank $18,470,000 $7,400,000 -59.9% 1.1%
ENVOY MORTGAGE, LTD $3,420,000 $6,815,000 99.3% 1.0%
FREEDOM MORTGAGE CORPORATION $33,205,000 $6,445,000 -80.6% 1.0%
NAVY FEDERAL CREDIT UNION $9,135,000 $6,125,000 -33.0% 0.9%
UNION HOME MORTGAGE CORP. $3,005,000 $6,060,000 101.7% 0.9%
Mr. Cooper ( Nationstar Mortgage ) $5,685,000 $5,995,000 5.5% 0.9%
USAA Federal Savings Bank $9,855,000 $5,725,000 -41.9% 0.9%
Ixonia Bank $2,510,000 $5,625,000 124.1% 0.9%
KeyBank $11,945,000 $5,505,000 -53.9% 0.8%
PRIMARY RESIDENTIAL MORTGAGE, INC. $5,085,000 $5,385,000 5.9% 0.8%
APCO EMPLOYEES $6,320,000 $5,190,000 -17.9% 0.8%
BankPlus $5,370,000 $5,170,000 -3.7% 0.8%
The Samson Banking Company, Inc. $5,965,000 $4,480,000 -24.9% 0.7%
PNC Bank $585,000 $4,360,000 645.3% 0.7%
21ST MORTGAGE CORPORATION $4,730,000 $4,045,000 -14.5% 0.6%
CALIBER HOME LOANS, INC. $7,445,000 $3,735,000 -49.8% 0.6%
Southern States Bank $115,000 $3,575,000 3,008.7% 0.5%
Hamilton Mortgage Corporation $11,670,000 $3,410,000 -70.8% 0.5%
NEW DAY FINANCIAL, LLC $5,840,000 $3,180,000 -45.5% 0.5%
BROKER SOLUTIONS, INC. $2,940,000 $3,175,000 8.0% 0.5%
MORTGAGE INVESTORS GROUP, INC. $6,125,000 $3,065,000 -50.0% 0.5%
GUILD MORTGAGE COMPANY $11,100,000 $2,985,000 -73.1% 0.5%
AMERICAN FINANCING CORPORATION $2,700,000 $2,930,000 8.5% 0.4%
First State Bank of Blakely, Inc. $1,415,000 $2,520,000 78.1% 0.4%
JPMorgan Chase Bank $2,730,000 $2,420,000 -11.4% 0.4%
LAKEVIEW LOAN SERVICING, LLC $5,540,000 $2,415,000 -56.4% 0.4%
Nations Lending Corporation $4,975,000 $2,250,000 -54.8% 0.3%
First Federal Bank $810,000 $2,240,000 176.5% 0.3%
Flagstar Bank, FSB $3,425,000 $2,220,000 -35.2% 0.3%
MOVEMENT MORTGAGE, LLC $440,000 $2,170,000 393.2% 0.3%
NEWREZ LLC $4,410,000 $2,135,000 -51.6% 0.3%
AMERISAVE MORTGAGE CORPORATION $10,225,000 $1,960,000 -80.8% 0.3%
AVADIAN $14,485,000 $1,820,000 -87.4% 0.3%
SOUTHWEST FUNDING, LP $1,780,000 n/a 0.3%
Trustmark National Bank $3,250,000 $1,710,000 -47.4% 0.3%
GUARANTEED RATE, INC. $3,415,000 $1,685,000 -50.7% 0.3%
Northpointe Bank $1,940,000 $1,670,000 -13.9% 0.3%
SmartBank $190,000 $1,615,000 750.0% 0.2%
PENTAGON FEDERAL CREDIT UNION $2,015,000 $1,550,000 -23.1% 0.2%
Barrington Bank & Trust Company, N.A. $1,020,000 $1,495,000 46.6% 0.2%
VANDERBILT MORTGAGE AND FINANCE, INC. $890,000 $1,445,000 62.4% 0.2%
TRIAD FINANCIAL SERVICES, INC. $1,005,000 $1,440,000 43.3% 0.2%
South State Bank $360,000 $1,430,000 297.2% 0.2%
The Central Trust Bank $395,000 $1,370,000 246.8% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $1,450,000 $1,305,000 -10.0% 0.2%
HOME POINT FINANCIAL CORPORATION $5,185,000 $1,290,000 -75.1% 0.2%
T2 FINANCIAL LLC $1,275,000 n/a 0.2%
GMFS LLC $770,000 $1,255,000 63.0% 0.2%
The Federal Savings Bank $1,780,000 $1,250,000 -29.8% 0.2%
CRESCENT MORTGAGE COMPANY $10,465,000 $1,155,000 -89.0% 0.2%
Centennial Bank $1,125,000 n/a 0.2%
First South Farm Credit, ACA $1,150,000 $1,115,000 -3.0% 0.2%
Citizens Bank $670,000 $1,045,000 56.0% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $545,000 $1,000,000 83.5% 0.2%
BETTER MORTGAGE CORPORATION $4,200,000 $990,000 -76.4% 0.2%
CHURCHILL MORTGAGE CORPORATION $1,510,000 $935,000 -38.1% 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,660,000 $920,000 -44.6% 0.1%
RELIANCE FIRST CAPITAL, LLC $805,000 $910,000 13.0% 0.1%
First Home Bank $115,000 $865,000 652.2% 0.1%
Truist $3,540,000 $815,000 -77.0% 0.1%
U.S. Bank $635,000 $790,000 24.4% 0.1%
CMG MORTGAGE, INC. $1,030,000 $785,000 -23.8% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $4,520,000 $760,000 -83.2% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,955,000 $735,000 -62.4% 0.1%
STOCKTON MORTGAGE CORPORATION $730,000 n/a 0.1%
AuburnBank $725,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $850,000 $725,000 -14.7% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $705,000 $715,000 1.4% 0.1%
TOWNE MORTGAGE COMPANY $115,000 $715,000 521.7% 0.1%
UBS Bank USA $705,000 n/a 0.1%
Carrington Mortgage Services, LLC $3,450,000 $680,000 -80.3% 0.1%
First Savings Bank $315,000 $675,000 114.3% 0.1%
Bank of America $1,330,000 $665,000 -50.0% 0.1%
Mid-Continent Funding, Inc. $795,000 $645,000 -18.9% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $625,000 n/a 0.1%
THE MORTGAGE FIRM, INC. $610,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $840,000 $600,000 -28.6% 0.1%
CLEARPATH LENDING $1,865,000 $590,000 -68.4% 0.1%
PLANET HOME LENDING, LLC $1,370,000 $580,000 -57.7% 0.1%
ASCEND FEDERAL CREDIT UNION $565,000 n/a 0.1%
Waterstone Mortgage Corporation $560,000 $565,000 0.9% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $840,000 $560,000 -33.3% 0.1%
First Guaranty Mortgage Corporation $1,190,000 $560,000 -52.9% 0.1%
HOMESTAR FINANCIAL CORPORATION $535,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $925,000 $535,000 -42.2% 0.1%
HomePromise Corporation $530,000 n/a 0.1%
TJC Mortgage, Inc. $270,000 $530,000 96.3% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $525,000 n/a 0.1%
BANK OF LITTLE ROCK MORTGAGE CORPORATION $525,000 n/a 0.1%
FINANCE OF AMERICA MORTGAGE LLC $510,000 n/a 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $705,000 $480,000 -31.9% 0.1%
AMERICAN ADVISORS GROUP $570,000 $475,000 -16.7% 0.1%
EMM LOANS LLC $475,000 n/a 0.1%
Gateway First Bank $395,000 $470,000 19.0% 0.1%
Bank of England $610,000 $460,000 -24.6% 0.1%
Discover Bank $175,000 $460,000 162.9% 0.1%
MILEND, INC. $735,000 $450,000 -38.8% 0.1%
VILLAGE CAPITAL MORTGAGE $4,020,000 $450,000 -88.8% 0.1%
REDSTONE Federal Credit Union $45,000 $415,000 822.2% 0.1%
RESIDENTIAL BANCORP. $400,000 n/a 0.1%
NBH Bank $745,000 $395,000 -47.0% 0.1%
M&T Bank $315,000 $385,000 22.2% 0.1%
Simmons Bank $385,000 n/a 0.1%
STEARNS LENDING, LLC $2,060,000 $385,000 -81.3% 0.1%
Listerhill Credit Union $375,000 n/a 0.1%
ACOPIA, LLC $365,000 n/a 0.1%
Equity Prime Mortgage LLC $495,000 $360,000 -27.3% 0.1%
BELEM SERVICING LLC $355,000 n/a 0.1%
NBKC BANK $735,000 $355,000 -51.7% 0.1%
Encompass Lending Group, LP $340,000 n/a 0.1%
LEADERONE FINANCIAL CORPORATION $490,000 $340,000 -30.6% 0.1%
Ally Bank $1,645,000 $330,000 -79.9% 0.1%
HOMESTEAD FUNDING CORP. $1,330,000 $325,000 -75.6% 0.0%
Assurance Financial Group, L.L.C. $315,000 n/a 0.0%
EVERETT FINANCIAL, INC. $305,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $1,160,000 $305,000 -73.7% 0.0%
First Palmetto Bank $305,000 n/a 0.0%
Consumer First Mortgage, Inc. $435,000 $290,000 -33.3% 0.0%
SOUTHEAST MORTGAGE OF GEORGIA, INC. $290,000 n/a 0.0%
SouthPoint Bank $270,000 $285,000 5.6% 0.0%
Figure Lending LLC $185,000 $280,000 51.4% 0.0%
LIMA ONE CAPITAL, LLC $65,000 $275,000 323.1% 0.0%
The Huntington National Bank $265,000 n/a 0.0%
ENCORE BANK $255,000 n/a 0.0%
CCB Community Bank $340,000 $250,000 -26.5% 0.0%
BAY EQUITY LLC $245,000 n/a 0.0%
Peoples Bank $245,000 n/a 0.0%
THRIVE MORTGAGE, LLC $245,000 n/a 0.0%
Community First National Bank $105,000 $235,000 123.8% 0.0%
FIRST COMMERCE CREDIT UNION $235,000 n/a 0.0%
Low VA Rates, LLC $1,430,000 $235,000 -83.6% 0.0%
DELMAR FINANCIAL COMPANY $220,000 n/a 0.0%
Colonial Savings, F.A. $205,000 n/a 0.0%
Colony Bank $205,000 n/a 0.0%
Magnolia Bank $525,000 $205,000 -61.0% 0.0%
PHH Mortgage Corporation $945,000 $205,000 -78.3% 0.0%
Semper Home Loans, Inc. $205,000 n/a 0.0%
GRANITE FEDERAL CREDIT UNION $425,000 $195,000 -54.1% 0.0%
GUIDANCE RESIDENTIAL, LLC $125,000 $195,000 56.0% 0.0%
CERTAINTY HOME LOANS, LLC $55,000 $175,000 218.2% 0.0%
Charles Schwab Bank, SSB $175,000 n/a 0.0%
EUSTIS AND AMERICAN MORTGAGE COMPANY $175,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $1,320,000 $175,000 -86.7% 0.0%
UNITED MORTGAGE CORP. $175,000 n/a 0.0%
SPRING EQ, LLC $170,000 n/a 0.0%
First Horizon Bank $165,000 n/a 0.0%
First Reliance Bank $165,000 n/a 0.0%
Republic Bank & Trust Company $165,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $680,000 $165,000 -75.7% 0.0%
Hometown Equity Mortgage, LLC $155,000 n/a 0.0%
HOPE FEDERAL CREDIT UNION $155,000 n/a 0.0%
LENDSURE MORTGAGE CORP. $155,000 n/a 0.0%
1ST SIGNATURE LENDING, LLC $145,000 n/a 0.0%
American Airlines Federal Credit Union $145,000 n/a 0.0%
Baxter Credit Union $145,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $145,000 n/a 0.0%
Lend Smart Mortgage, LLC $145,000 n/a 0.0%
Bank of Belleville $135,000 n/a 0.0%
Paramount Residential Mortgage Group, Inc. $135,000 n/a 0.0%
Progress Bank and Trust $105,000 $135,000 28.6% 0.0%
REVERSE MORTGAGE FUNDING LLC $125,000 $135,000 8.0% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $125,000 n/a 0.0%
Armed Forces Bank $225,000 $125,000 -44.4% 0.0%
SOUTHPOINT FINANCIAL SERVICES, INC. $330,000 $125,000 -62.1% 0.0%
PREMIA MORTGAGE, LLC $245,000 $115,000 -53.1% 0.0%
SOUTHWEST STAGE FUNDING, LLC $395,000 $115,000 -70.9% 0.0%
CIS Financial Services, Inc. $115,000 $105,000 -8.7% 0.0%
COUNTRYPLACE MORTGAGE, LTD. $105,000 n/a 0.0%
Community Bank of Mississippi $85,000 $95,000 11.8% 0.0%
DAS Acquisition Company, LLC $400,000 $95,000 -76.3% 0.0%
ATLANTA POSTAL $85,000 n/a 0.0%
GENEVA FINANCIAL, LLC $85,000 n/a 0.0%
Guardian Credit Union $85,000 n/a 0.0%
KEESLER $85,000 n/a 0.0%
CSL Financial, LLC $140,000 $75,000 -46.4% 0.0%
DIRECT LENDERS, LLC $75,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $245,000 $75,000 -69.4% 0.0%
DELTA COMMUNITY CREDIT UNION $145,000 $65,000 -55.2% 0.0%
GUARANTEED RATE AFFINITY, LLC $65,000 n/a 0.0%
ALABAMA STATE EMPLOYEES CREDIT UNION $55,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $220,000 $55,000 -75.0% 0.0%
BancorpSouth Bank $2,170,000 $45,000 -97.9% 0.0%
Community South Credit Union $15,000 n/a 0.0%
First Citizens Bank $145,000 $15,000 -89.7% 0.0%
1st Franklin Financial Corporation $105,000 $5,000 -95.2% 0.0%

DOTHAN's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 7.0% market share. In second place, with 6.3%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $41,265,000 in loans. In third place, with 5.2%, is QUICKEN LOANS, LLC, having originated $34,310,000 in loans. In fourth place, with 4.3%, is Mortgage Research Center, LLC, having originated $28,210,000 in loans. In fifth place, with 3.7%, is Ameris Bank, having originated $24,010,000 in loans.


DOTHAN Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - DOTHAN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $159,900 (10.4%) $201,838 (9.5%) 0.59 826
2018-02-01 $159,900 (8.6%) $200,424 (7.6%) 0.58 865
2018-03-01 $159,900 (3.9%) $198,358 (2.2%) 0.56 887
2018-04-01 $164,500 (6.2%) $200,544 (3.8%) 0.56 881
2018-05-01 $164,025 (5.6%) $199,705 (3.3%) 0.55 936
2018-06-01 $164,900 (5.1%) $205,855 (6.0%) 0.55 906
2018-07-01 $169,550 (8.0%) $210,126 (8.0%) 0.57 874
2018-08-01 $164,349 (3.4%) $207,998 (6.4%) 0.55 848
2018-09-01 $165,000 (3.5%) $208,153 (6.3%) 0.55 836
2018-10-01 $164,450 (3.1%) $210,274 (6.4%) 0.56 808
2018-11-01 $163,700 (2.8%) $214,424 (8.7%) 0.55 786
2018-12-01 $166,500 (6.1%) $220,033 (10.7%) 0.57 732
2019-01-01 $177,400 (10.9%) $222,798 (10.4%) 0.61 701
2019-02-01 $179,900 (12.5%) $224,120 (11.8%) 0.61 687
2019-03-01 $183,100 (14.5%) $239,028 (20.5%) 0.60 651
2019-04-01 $184,675 (12.3%) $253,321 (26.3%) 0.59 632
2019-05-01 $184,350 (12.4%) $250,346 (25.4%) 0.58 635
2019-06-01 $190,000 (15.2%) $248,198 (20.6%) 0.59 654
2019-07-01 $189,700 (11.9%) $248,709 (18.4%) 0.59 656
2019-08-01 $188,136 (14.5%) $248,678 (19.6%) 0.60 622
2019-09-01 $186,091 (12.8%) $243,472 (17.0%) 0.60 617
2019-10-01 $184,977 (12.5%) $240,522 (14.4%) 0.60 611
2019-11-01 $189,900 (16.0%) $243,080 (13.4%) 0.62 589
2019-12-01 $191,875 (15.2%) $244,636 (11.2%) 0.64 579
2020-01-01 $194,400 (9.6%) $253,723 (13.9%) 0.65 545
2020-02-01 $192,900 (7.2%) $246,963 (10.2%) 0.63 532
2020-03-01 $198,363 (8.3%) $251,183 (5.1%) 0.62 507
2020-04-01 $196,750 (6.5%) $244,953 (-3.3%) 0.62 498
2020-05-01 $195,850 (6.2%) $259,140 (3.5%) 0.60 445
2020-06-01 $199,600 (5.1%) $267,206 (7.7%) 0.59 413
2020-07-01 $208,675 (10.0%) $267,281 (7.5%) 0.60 411
2020-08-01 $218,450 (16.1%) $274,961 (10.6%) 0.63 390
2020-09-01 $206,950 (11.2%) $268,280 (10.2%) 0.59 339
2020-10-01 $206,450 (11.6%) $268,092 (11.5%) 0.59 350
2020-11-01 $204,575 (7.7%) $277,188 (14.0%) 0.60 315
2020-12-01 $197,400 (2.9%) $268,609 (9.8%) 0.59 317
2021-01-01 $194,500 (0.1%) $270,032 (6.4%) 0.58 278
2021-02-01 $190,425 (-1.3%) $272,482 (10.3%) 0.55 256
2021-03-01 $189,900 (-4.3%) $287,620 (14.5%) 0.54 227
2021-04-01 $221,300 (12.5%) $310,906 (26.9%) 0.60 206
2021-05-01 $227,000 (15.9%) $321,283 (24.0%) 0.60 172
2021-06-01 $211,900 (6.2%) $290,459 (8.7%) 0.56 184
2021-07-01 $199,900 (-4.2%) $277,475 (3.8%) 0.53 205
2021-08-01 $203,350 (-6.9%) $265,423 (-3.5%) 0.54 239
2021-09-01 $219,950 (6.3%) $272,382 (1.5%) 0.59 264
2021-10-01 $219,950 (6.5%) $284,260 (6.0%) 0.59 253
2021-11-01 $209,000 (2.2%) $279,860 (1.0%) 0.56 234
2021-12-01 $217,475 (10.2%) $284,888 (6.1%) 0.59 224
2022-01-01 $224,900 (15.6%) $292,395 (8.3%) 0.61 199
2022-02-01 $211,850 (11.3%) $293,212 (7.6%) 0.55 194
2022-03-01 $239,775 (26.3%) $302,726 (5.3%) 0.60 168
2022-04-01 $251,050 (13.4%) $301,050 (-3.2%) 0.60 188
2022-05-01 $238,825 (5.2%) $300,998 (-6.3%) 0.55 197
2022-06-01 $249,700 (17.8%) $302,950 (4.3%) 0.56 225
2022-07-01 $254,900 (27.5%) $305,513 (10.1%) 0.57 250
2022-08-01 $265,850 (30.7%) $306,383 (15.4%) 0.61 274
2022-09-01 $256,450 (16.6%) $305,909 (12.3%) 0.60 294
2022-10-01 $258,500 (17.5%) $296,412 (4.3%) 0.61 304
2022-11-01 $249,225 (19.3%) $291,452 (4.1%) 0.60 312
2022-12-01 $244,900 (12.6%) $287,591 (1.0%) 0.60 302
2023-01-01 $234,350 (4.2%) $279,609 (-4.4%) 0.58 275
2023-02-01 $253,900 (19.9%) $282,988 (-3.5%) 0.61 229
2023-03-01 $259,000 (8.0%) $286,429 (-5.4%) 0.61 241
2023-04-01 $275,000 (9.5%) $306,970 (2.0%) 0.64 249
2023-05-01 $253,750 (6.3%) $313,036 (4.0%) 0.57 251
2023-06-01 $267,175 (7.0%) $316,678 (4.5%) 0.60 251
2023-07-01 $259,900 (2.0%) $311,083 (1.8%) 0.59 254
2023-08-01 $263,175 (-1.0%) $320,327 (4.6%) 0.60 289
2023-09-01 $269,900 (5.2%) $320,510 (4.8%) 0.63 313
2023-10-01 $268,225 (3.8%) $318,591 (7.5%) 0.63 339
DOTHAN's median listing price for 2023-10-01 was $268,225, a difference of $9,725 (3.8%) versus the prior year and $-1,675 versus the prior month.

DOTHAN's median listing price comes in at 63% of the national average.

DOTHAN's average listing price for 2023-10-01 was $318,591, a difference of $22,179 (7.5%) versus the prior year and $-1,919 versus the prior month.

For the 2023-10-01 period, DOTHAN had 339 MLS listings, a difference of 26 listings (8%) versus the prior month and 35 listings (12%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - DOTHAN (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 102 days 1,872 sqft
2018-02-01 94 days 1,851 sqft
2018-03-01 79 days 1,856 sqft
2018-04-01 75 days 1,883 sqft
2018-05-01 72 days 1,878 sqft
2018-06-01 74 days 1,900 sqft
2018-07-01 77 days 1,901 sqft
2018-08-01 84 days 1,888 sqft
2018-09-01 87 days 1,882 sqft
2018-10-01 92 days 1,893 sqft
2018-11-01 93 days 1,885 sqft
2018-12-01 96 days 1,938 sqft
2019-01-01 102 days 1,975 sqft
2019-02-01 96 days 1,973 sqft
2019-03-01 82 days 2,003 sqft
2019-04-01 67 days 2,036 sqft
2019-05-01 66 days 1,992 sqft
2019-06-01 66 days 2,009 sqft
2019-07-01 67 days 1,992 sqft
2019-08-01 74 days 1,972 sqft
2019-09-01 77 days 1,961 sqft
2019-10-01 80 days 1,965 sqft
2019-11-01 89 days 1,987 sqft
2019-12-01 95 days 2,010 sqft
2020-01-01 97 days 2,033 sqft
2020-02-01 85 days 2,005 sqft
2020-03-01 66 days 2,041 sqft
2020-04-01 67 days 2,017 sqft
2020-05-01 70 days 2,026 sqft
2020-06-01 57 days 2,040 sqft
2020-07-01 48 days 2,060 sqft
2020-08-01 52 days 2,100 sqft
2020-09-01 57 days 2,038 sqft
2020-10-01 56 days 2,054 sqft
2020-11-01 67 days 2,068 sqft
2020-12-01 72 days 2,047 sqft
2021-01-01 67 days 2,022 sqft
2021-02-01 64 days 1,978 sqft
2021-03-01 50 days 1,948 sqft
2021-04-01 37 days 2,088 sqft
2021-05-01 36 days 2,089 sqft
2021-06-01 26 days 2,049 sqft
2021-07-01 29 days 1,959 sqft
2021-08-01 32 days 1,938 sqft
2021-09-01 37 days 1,962 sqft
2021-10-01 48 days 1,928 sqft
2021-11-01 59 days 1,844 sqft
2021-12-01 67 days 1,900 sqft
2022-01-01 59 days 1,843 sqft
2022-02-01 41 days 1,845 sqft
2022-03-01 48 days 1,884 sqft
2022-04-01 32 days 1,970 sqft
2022-05-01 37 days 1,921 sqft
2022-06-01 33 days 1,984 sqft
2022-07-01 36 days 2,040 sqft
2022-08-01 39 days 2,067 sqft
2022-09-01 52 days 2,038 sqft
2022-10-01 54 days 2,035 sqft
2022-11-01 62 days 1,981 sqft
2022-12-01 67 days 1,997 sqft
2023-01-01 72 days 2,005 sqft
2023-02-01 71 days 2,109 sqft
2023-03-01 38 days 2,104 sqft
2023-04-01 43 days 2,156 sqft
2023-05-01 45 days 2,037 sqft
2023-06-01 46 days 2,021 sqft
2023-07-01 46 days 1,980 sqft
2023-08-01 45 days 1,912 sqft
2023-09-01 46 days 1,936 sqft
2023-10-01 53 days 1,930 sqft
DOTHAN's median listing age (time on market) for 2023-10-01 was 53 days. This is -1% shorter than the same period one year ago.

DOTHAN's median square footage for active listings during the 2023-10-01 period was 1,930 sqft. One year prior, the average listing was 2,035 sqft.

DOTHAN, AL Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
36301 Dothan, AL $560 $560 $710 $930 $1,040
36302 Dothan, AL $570 $580 $720 $950 $1,070
36303 Dothan, AL $560 $560 $710 $930 $1,040
36305 Dothan, AL $730 $740 $920 $1,210 $1,360
36312 Dothan, AL $560 $560 $710 $930 $1,040
36313 Dothan, AL $560 $560 $710 $930 $1,040
36314 Dothan, AL $560 $560 $710 $930 $1,040
36316 Dothan, AL $560 $560 $710 $930 $1,040
36318 Dothan, AL $560 $560 $710 $930 $1,040
36319 Dothan, AL $620 $630 $800 $1,050 $1,220
36320 Dothan, AL $560 $560 $710 $930 $1,040
36321 Dothan, AL $600 $600 $750 $990 $1,110
36322 Dothan, AL $560 $560 $710 $930 $1,040
36340 Dothan, AL $560 $560 $710 $930 $1,040
36343 Dothan, AL $560 $560 $710 $930 $1,040
36344 Dothan, AL $560 $560 $710 $930 $1,040
36345 Dothan, AL $540 $540 $710 $930 $1,110
36350 Dothan, AL $560 $560 $710 $930 $1,040
36352 Dothan, AL $560 $560 $710 $930 $1,040
36370 Dothan, AL $560 $560 $710 $930 $1,040
36375 Dothan, AL $570 $570 $710 $940 $1,050
36376 Dothan, AL $560 $560 $710 $930 $1,040
36442 Dothan, AL $560 $560 $710 $930 $1,040
36453 Dothan, AL $560 $560 $710 $930 $1,040
36467 Dothan, AL $560 $560 $710 $930 $1,040
36477 Dothan, AL $560 $560 $710 $930 $1,040

2022 Average & Median Rent Data Statistics
DOTHAN, AL average 1BR rent: $572, median: $560
DOTHAN, AL average 2BR rent: $723, median: $710
DOTHAN, AL average 3BR rent: $949, median: $930

DOTHAN, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,997 $427,575,000 $214,109
Refi 540 $106,250,000 $196,759
Cash Out Refi 449 $80,365,000 $178,987
Other 262 $22,160,000 $84,580
Home Improvement 236 $19,320,000 $81,864
NA 1 $65,000 $65,000

Dothan's most frequently cited loan purpose was Home Purchase, with 1,997 originations. The 2nd most popular reason was Refi, with 540 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 854 $164,790,000 $192,963
4-5% 842 $168,650,000 $200,297
3-4% 705 $148,205,000 $210,220
6-7% 406 $68,000,000 $167,488
7-8% 153 $17,595,000 $115,000
2.5-3% 136 $29,920,000 $220,000
<2.5% 96 $12,540,000 $130,625
Over 8% 82 $6,520,000 $79,512

During 2022, Dothan's most frequently originated rate bucket was 5-6%, with 854 originations.

Loan Sizing (DOTHAN, AL MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 1,213 $178,505,000 $147,160
$100,000 or less 1,084 $59,790,000 $55,157
$200k-400k 1,017 $277,775,000 $273,132
$400k-600k 123 $57,775,000 $469,715
$600k-1000k 35 $23,855,000 $681,571
$Over $1MM 13 $58,035,000 $4,464,231

DOTHAN's loan sizing saw the bucket of loans from $100k-200k with 1,213 originations, totaling $178,505,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,657 $363,565,000 $219,412
60-80% 696 $145,970,000 $209,727
40-60% 301 $66,365,000 $220,482
20-40% 260 $18,680,000 $71,846
Under 20% 250 $8,270,000 $33,080
Over 100% 87 $25,625,000 $294,540

DOTHAN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,657 originations, totaling $363,565,000 in origination value.