DOTHAN Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Dothan averaged
5.89%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
6.16% and
one month ago for the week of 2022-05-19, the
average rate was 5.53%.
Dothan's average rate one year ago was 3.06%.
For refis of the same type during the week of 2022-06-23, the average rate
was 5.81%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
| Dothan 30 Year Fixed Rate | 2022-06-23 | 5.89% |
| Dothan 30 Year Fixed Rate Refi | 2022-06-23 | 5.81% |
| Dothan 15 Year Fixed Rate | 2022-06-23 | 5.89% |
| Dothan 15 Year Fixed Rate Refi | 2022-06-23 | 5.06% |
| Dothan 30 Year FHA | 2022-06-23 | 0.09% |
| Dothan 30 Year FHA Refi | 2022-06-23 | 0.13% |
| Dothan 30 Year USDA | 2022-06-23 | 0.28% |
| Dothan 30 Year USDA Refi | 2022-06-23 | -0.15% |
| Dothan 30 Year VA | 2022-06-23 | 0.09% |
| Dothan 30 Year VA Refi | 2022-06-23 | -0.19% |
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 lendor, 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.).
DOTHAN, AL's 143 lenders originated 5,196
loans during 2021. The total origination value was $921,100,000, with an average loan value of
$177,271.
The top DOTHAN lender as defined by loan originations is QUICKEN LOANS, LLC, with
171 loans originated. Their average total fees are
$4,384, which is $1,048
higher than the next largest lender,
Renasant Bank.
The lowest fee DOTHAN lenders (with over 10 loans originated) are
Mortgage Research Center, LLC ($1,889), INTERLINC MORTGAGE SERVICES, LLC ($2,417), Tyndall Federal Credit Union ($2,516), KELLER MORTGAGE, LLC ($2,802) and Wells Fargo Bank ($2,890).
The lowest rate DOTHAN lenders (with over 10 loans originated) are
BankPlus (2.84%), AMERISAVE MORTGAGE CORPORATION (2.94%), Renasant Bank (2.97%), AVADIAN (2.98%) and UNITED WHOLESALE MORTGAGE, LLC (2.99%).
DOTHAN, AL Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $63,160,000 | $78,300,000 | 24.0% | 8.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $51,800,000 | $63,515,000 | 22.6% | 6.9% |
| INTERLINC MORTGAGE SERVICES, LLC | $57,000,000 | $58,895,000 | 3.3% | 6.4% |
| Renasant Bank | $71,765,000 | $54,930,000 | -23.5% | 6.0% |
| Mortgage Research Center, LLC | $31,480,000 | $41,960,000 | 33.3% | 4.6% |
| Ameris Bank | $27,615,000 | $34,070,000 | 23.4% | 3.7% |
| FREEDOM MORTGAGE CORPORATION | $33,215,000 | $33,205,000 | 0.0% | 3.6% |
| Hometown Lenders, Inc. | $42,440,000 | $30,400,000 | -28.4% | 3.3% |
| Regions Bank | $33,505,000 | $26,980,000 | -19.5% | 2.9% |
| PENNYMAC LOAN SERVICES, LLC | $8,255,000 | $22,400,000 | 171.4% | 2.4% |
| Tyndall Federal Credit Union | $28,820,000 | $19,990,000 | -30.6% | 2.2% |
| Wells Fargo Bank | $13,940,000 | $18,470,000 | 32.5% | 2.0% |
| FirstBank | $13,215,000 | $16,515,000 | 25.0% | 1.8% |
| Five Star Credit Union | $8,030,000 | $15,945,000 | 98.6% | 1.7% |
| ServisFirst Bank | $26,900,000 | $15,570,000 | -42.1% | 1.7% |
| PeoplesSouth Bank | $14,405,000 | $15,155,000 | 5.2% | 1.6% |
| AVADIAN | $17,225,000 | $14,485,000 | -15.9% | 1.6% |
| River Bank & Trust | $8,030,000 | $13,165,000 | 63.9% | 1.4% |
| KeyBank | $11,945,000 | n/a | 1.3% | |
| Hamilton Mortgage Corporation | $13,650,000 | $11,670,000 | -14.5% | 1.3% |
| GUILD MORTGAGE COMPANY | $7,715,000 | $11,100,000 | 43.9% | 1.2% |
| LOANDEPOT.COM, LLC | $7,935,000 | $10,930,000 | 37.7% | 1.2% |
| CRESCENT MORTGAGE COMPANY | $6,045,000 | $10,465,000 | 73.1% | 1.1% |
| AMERISAVE MORTGAGE CORPORATION | $6,605,000 | $10,225,000 | 54.8% | 1.1% |
| USAA Federal Savings Bank | $9,290,000 | $9,855,000 | 6.1% | 1.1% |
| NAVY FEDERAL CREDIT UNION | $8,780,000 | $9,135,000 | 4.0% | 1.0% |
| Troy Bank and Trust Company | $7,175,000 | $9,030,000 | 25.9% | 1.0% |
| CALIBER HOME LOANS, INC. | $2,620,000 | $7,445,000 | 184.2% | 0.8% |
| UNITED WHOLESALE MORTGAGE, LLC | $4,905,000 | $7,115,000 | 45.1% | 0.8% |
| Synovus Bank | $12,725,000 | $6,820,000 | -46.4% | 0.7% |
| PRUDENTIAL MULTIFAMILY MORTGAGE, LLC | $6,665,000 | n/a | 0.7% | |
| The First National Bank of Hartford | $6,470,000 | $6,380,000 | -1.4% | 0.7% |
| APCO EMPLOYEES | $8,415,000 | $6,320,000 | -24.9% | 0.7% |
| MORTGAGE INVESTORS GROUP, INC. | $18,740,000 | $6,125,000 | -67.3% | 0.7% |
| The Samson Banking Company, Inc. | $5,420,000 | $5,965,000 | 10.1% | 0.6% |
| NEW DAY FINANCIAL, LLC | $5,895,000 | $5,840,000 | -0.9% | 0.6% |
| Mr. Cooper ( Nationstar Mortgage ) | $8,865,000 | $5,685,000 | -35.9% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $5,955,000 | $5,540,000 | -7.0% | 0.6% |
| BankPlus | $1,055,000 | $5,370,000 | 409.0% | 0.6% |
| HOME POINT FINANCIAL CORPORATION | $1,345,000 | $5,185,000 | 285.5% | 0.6% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,375,000 | $5,085,000 | 269.8% | 0.6% |
| Nations Lending Corporation | $615,000 | $4,975,000 | 708.9% | 0.5% |
| BBVA USA | $11,915,000 | $4,855,000 | -59.3% | 0.5% |
| 21ST MORTGAGE CORPORATION | $3,790,000 | $4,730,000 | 24.8% | 0.5% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $1,725,000 | $4,520,000 | 162.0% | 0.5% |
| NEWREZ LLC | $1,900,000 | $4,410,000 | 132.1% | 0.5% |
| BETTER MORTGAGE CORPORATION | $1,990,000 | $4,200,000 | 111.1% | 0.5% |
| VILLAGE CAPITAL & INVESTMENT LLC | $3,485,000 | $4,020,000 | 15.4% | 0.4% |
| Truist Bank | $2,965,000 | $3,540,000 | 19.4% | 0.4% |
| Carrington Mortgage Services, LLC | $3,110,000 | $3,450,000 | 10.9% | 0.4% |
| Flagstar Bank, FSB | $1,425,000 | $3,425,000 | 140.4% | 0.4% |
| ENVOY MORTGAGE, LTD | $10,655,000 | $3,420,000 | -67.9% | 0.4% |
| GUARANTEED RATE, INC. | $4,070,000 | $3,415,000 | -16.1% | 0.4% |
| KELLER MORTGAGE, LLC | $480,000 | $3,305,000 | 588.5% | 0.4% |
| Trustmark National Bank | $1,795,000 | $3,250,000 | 81.1% | 0.4% |
| UNION HOME MORTGAGE CORP. | $3,005,000 | n/a | 0.3% | |
| BROKER SOLUTIONS, INC. | $1,995,000 | $2,940,000 | 47.4% | 0.3% |
| JPMorgan Chase Bank | $2,170,000 | $2,730,000 | 25.8% | 0.3% |
| AMERICAN FINANCING CORPORATION | $950,000 | $2,700,000 | 184.2% | 0.3% |
| Arbor Realty Trust, Inc. | $10,265,000 | $2,655,000 | -74.1% | 0.3% |
| Ixonia Bank | $2,510,000 | n/a | 0.3% | |
| ALL IN | $4,345,000 | $2,360,000 | -45.7% | 0.3% |
| BancorpSouth Bank | $465,000 | $2,170,000 | 366.7% | 0.2% |
| STEARNS LENDING, LLC | $1,125,000 | $2,060,000 | 83.1% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $1,495,000 | $2,015,000 | 34.8% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,035,000 | $1,955,000 | 88.9% | 0.2% |
| Northpointe Bank | $1,940,000 | n/a | 0.2% | |
| CLEARPATH LENDING | $3,750,000 | $1,865,000 | -50.3% | 0.2% |
| AmeriHome Mortgage Company, LLC | $1,905,000 | $1,790,000 | -6.0% | 0.2% |
| The Federal Savings Bank | $3,340,000 | $1,780,000 | -46.7% | 0.2% |
| Prime Meridian Bank | $1,725,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL NETWORK, INC. | $1,230,000 | $1,695,000 | 37.8% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,050,000 | $1,660,000 | 58.1% | 0.2% |
| Ally Bank | $145,000 | $1,645,000 | 1,034.5% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $1,090,000 | $1,510,000 | 38.5% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $750,000 | $1,450,000 | 93.3% | 0.2% |
| Low VA Rates, LLC | $1,420,000 | $1,430,000 | 0.7% | 0.2% |
| First State Bank of Blakely, Inc. | $3,585,000 | $1,415,000 | -60.5% | 0.2% |
| PLANET HOME LENDING, LLC | $1,890,000 | $1,370,000 | -27.5% | 0.1% |
| Bank of America | $2,480,000 | $1,330,000 | -46.4% | 0.1% |
| HOMESTEAD FUNDING CORP. | $955,000 | $1,330,000 | 39.3% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $435,000 | $1,320,000 | 203.4% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $315,000 | $1,245,000 | 295.2% | 0.1% |
| Apex Bank | $1,235,000 | n/a | 0.1% | |
| First Guaranty Mortgage Corporation | $690,000 | $1,190,000 | 72.5% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $895,000 | $1,160,000 | 29.6% | 0.1% |
| First South Farm Credit, ACA | $2,230,000 | $1,150,000 | -48.4% | 0.1% |
| SOFI LENDING CORP. | $195,000 | $1,070,000 | 448.7% | 0.1% |
| CMG MORTGAGE, INC. | $975,000 | $1,030,000 | 5.6% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $2,760,000 | $1,020,000 | -63.0% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $440,000 | $1,005,000 | 128.4% | 0.1% |
| PHH Mortgage Corporation | $375,000 | $945,000 | 152.0% | 0.1% |
| ROYAL UNITED MORTGAGE LLC | $1,200,000 | $925,000 | -22.9% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,970,000 | $905,000 | -54.1% | 0.1% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,180,000 | $890,000 | -24.6% | 0.1% |
| EMBRACE HOME LOANS, INC. | $850,000 | n/a | 0.1% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $840,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $835,000 | $840,000 | 0.6% | 0.1% |
| BNC National Bank | $265,000 | $825,000 | 211.3% | 0.1% |
| InterContinental Capital Group, Inc | $605,000 | $815,000 | 34.7% | 0.1% |
| First Federal Bank | $940,000 | $810,000 | -13.8% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $690,000 | $805,000 | 16.7% | 0.1% |
| Mid-Continent Funding, Inc. | $200,000 | $795,000 | 297.5% | 0.1% |
| GMFS LLC | $2,855,000 | $770,000 | -73.0% | 0.1% |
| NBH Bank | $135,000 | $745,000 | 451.9% | 0.1% |
| MILEND, INC. | $735,000 | n/a | 0.1% | |
| NBKC BANK | $1,550,000 | $735,000 | -52.6% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $650,000 | $705,000 | 8.5% | 0.1% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $515,000 | $705,000 | 36.9% | 0.1% |
| ZILLOW HOME LOANS, LLC | $375,000 | $680,000 | 81.3% | 0.1% |
| FBC MORTGAGE, LLC | $855,000 | $675,000 | -21.1% | 0.1% |
| Citizens Bank | $480,000 | $670,000 | 39.6% | 0.1% |
| U.S. Bank | $1,250,000 | $635,000 | -49.2% | 0.1% |
| LOANPAL, LLC | $620,000 | n/a | 0.1% | |
| Bank of England | $605,000 | $610,000 | 0.8% | 0.1% |
| INLANTA MORTGAGE, INC. | $595,000 | n/a | 0.1% | |
| MAX Credit Union | $165,000 | $585,000 | 254.5% | 0.1% |
| PNC Bank | $620,000 | $585,000 | -5.6% | 0.1% |
| AMERICAN ADVISORS GROUP | $560,000 | $570,000 | 1.8% | 0.1% |
| North American Savings Bank, F.S.B. | $1,255,000 | $565,000 | -55.0% | 0.1% |
| Waterstone Mortgage Corporation | $1,060,000 | $560,000 | -47.2% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $300,000 | $545,000 | 81.7% | 0.1% |
| Gold Coast Bank | $545,000 | n/a | 0.1% | |
| Magnolia Bank | $270,000 | $525,000 | 94.4% | 0.1% |
| Meridian Bank Corporation | $525,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $495,000 | n/a | 0.1% | |
| Equity Prime Mortgage LLC | $495,000 | n/a | 0.1% | |
| GSF Mortgage Corporation | $490,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $490,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $465,000 | n/a | 0.1% | |
| ACCELERATE MORTGAGE, LLC | $675,000 | $460,000 | -31.9% | 0.0% |
| Independent Bank | $225,000 | $460,000 | 104.4% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $655,000 | $440,000 | -32.8% | 0.0% |
| Consumer First Mortgage, Inc. | $715,000 | $435,000 | -39.2% | 0.0% |
| LOANFLIGHT LENDING, LLC | $435,000 | n/a | 0.0% | |
| GRANITE FEDERAL CREDIT UNION | $425,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $610,000 | $410,000 | -32.8% | 0.0% |
| DAS Acquisition Company, LLC | $400,000 | n/a | 0.0% | |
| NP, Inc. | $780,000 | $400,000 | -48.7% | 0.0% |
| Gateway First Bank | $395,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $360,000 | $395,000 | 9.7% | 0.0% |
| The Central Trust Bank | $395,000 | n/a | 0.0% | |
| HANCOCK MORTGAGE PARTNERS, LLC | $385,000 | n/a | 0.0% | |
| UNITED | $385,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $380,000 | n/a | 0.0% | |
| The First, A National Banking Association | $345,000 | $370,000 | 7.2% | 0.0% |
| Gulf Winds Credit Union | $360,000 | n/a | 0.0% | |
| South State Bank | $600,000 | $360,000 | -40.0% | 0.0% |
| CCB Community Bank | $315,000 | $340,000 | 7.9% | 0.0% |
| SOUTHPOINT FINANCIAL SERVICES, INC. | $425,000 | $330,000 | -22.4% | 0.0% |
| City Bank | $325,000 | n/a | 0.0% | |
| First Savings Bank | $155,000 | $315,000 | 103.2% | 0.0% |
| Manufacturers and Traders Trust Company | $315,000 | n/a | 0.0% | |
| EvaBank | $310,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $295,000 | n/a | 0.0% | |
| LENDING 3, INC. | $295,000 | n/a | 0.0% | |
| TIAA, FSB | $295,000 | n/a | 0.0% | |
| Paramount Bank | $635,000 | $290,000 | -54.3% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,840,000 | $290,000 | -84.2% | 0.0% |
| CHERRY CREEK MORTGAGE, LLC | $285,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $280,000 | n/a | 0.0% | |
| Beach Community Mortgage Services, Inc. | $275,000 | n/a | 0.0% | |
| Triumph Bank | $1,715,000 | $275,000 | -84.0% | 0.0% |
| SouthPoint Bank | $155,000 | $270,000 | 74.2% | 0.0% |
| TJC Mortgage, Inc. | $1,045,000 | $270,000 | -74.2% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $245,000 | n/a | 0.0% | |
| Capital City Home Loans, LLC | $395,000 | $245,000 | -38.0% | 0.0% |
| First Oklahoma Bank | $245,000 | n/a | 0.0% | |
| NETWORK CAPITAL FUNDING CORPORATION | $245,000 | $245,000 | 0.0% | 0.0% |
| PREMIA MORTGAGE, LLC | $275,000 | $245,000 | -10.9% | 0.0% |
| SIRVA MORTGAGE, INC. | $245,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $240,000 | n/a | 0.0% | |
| Armed Forces Bank | $225,000 | n/a | 0.0% | |
| Austin Capital Bank SSB | $225,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $155,000 | $220,000 | 41.9% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $215,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $215,000 | n/a | 0.0% | |
| Vibrant Credit Union | $205,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $145,000 | $195,000 | 34.5% | 0.0% |
| Metro City Bank | $195,000 | n/a | 0.0% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $195,000 | n/a | 0.0% | |
| Alabama One Credit Union | $1,305,000 | $190,000 | -85.4% | 0.0% |
| SmartBank | $190,000 | n/a | 0.0% | |
| AMCAP MORTGAGE, LTD. | $185,000 | n/a | 0.0% | |
| Figure Lending LLC | $60,000 | $185,000 | 208.3% | 0.0% |
| Platinum Home Mortgage Corporation | $185,000 | n/a | 0.0% | |
| Discover Bank | $300,000 | $175,000 | -41.7% | 0.0% |
| First National Bank Texas | $175,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $475,000 | $175,000 | -63.2% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $175,000 | n/a | 0.0% | |
| Colten Mortgage, LLC | $165,000 | n/a | 0.0% | |
| NexBank | $165,000 | n/a | 0.0% | |
| PriorityOne Bank | $165,000 | n/a | 0.0% | |
| PUBLIX EMPLOYEES | $165,000 | n/a | 0.0% | |
| S1L, Inc. | $165,000 | n/a | 0.0% | |
| SHELTER HOME MORTGAGE, LLC | $165,000 | n/a | 0.0% | |
| THRIVENT Federal Credit Union | $165,000 | n/a | 0.0% | |
| First United Bank and Trust Company | $155,000 | n/a | 0.0% | |
| Blue Ridge Bank | $145,000 | n/a | 0.0% | |
| DELTA COMMUNITY CREDIT UNION | $255,000 | $145,000 | -43.1% | 0.0% |
| First Citizens Bank | $145,000 | n/a | 0.0% | |
| Goldwater Bank, N.A. | $145,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $145,000 | n/a | 0.0% | |
| CSL Financial, LLC | $210,000 | $140,000 | -33.3% | 0.0% |
| COMMUNITY MORTGAGE CORPORATION | $135,000 | n/a | 0.0% | |
| The Home Loan Expert LLC | $95,000 | $135,000 | 42.1% | 0.0% |
| CapStar Bank | $125,000 | n/a | 0.0% | |
| City National Bank | $395,000 | $125,000 | -68.4% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $620,000 | $125,000 | -79.8% | 0.0% |
| MORTGAGE ACCESS CORP. | $125,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $125,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $120,000 | n/a | 0.0% | |
| CIS Financial Services, Inc. | $175,000 | $115,000 | -34.3% | 0.0% |
| Citibank | $155,000 | $115,000 | -25.8% | 0.0% |
| First Home Bank | $115,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $115,000 | n/a | 0.0% | |
| Southern States Bank | $115,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $355,000 | $115,000 | -67.6% | 0.0% |
| 1st Franklin Financial Corporation | $20,000 | $105,000 | 425.0% | 0.0% |
| CAMPUS USA | $105,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $150,000 | $105,000 | -30.0% | 0.0% |
| Community First National Bank | $105,000 | n/a | 0.0% | |
| Progress Bank and Trust | $500,000 | $105,000 | -79.0% | 0.0% |
| Plains Commerce Bank | $275,000 | $95,000 | -65.5% | 0.0% |
| Community Bank of Mississippi | $145,000 | $85,000 | -41.4% | 0.0% |
| Fifth Third Bank | $45,000 | $85,000 | 88.9% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $85,000 | n/a | 0.0% | |
| AMERIFIRST FINANCIAL CORPORATION | $85,000 | $75,000 | -11.8% | 0.0% |
| First Community Bank of Central Alabama | $75,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $65,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $65,000 | n/a | 0.0% | |
| CERTAINTY HOME LOANS, LLC | $515,000 | $55,000 | -89.3% | 0.0% |
| REDSTONE Federal Credit Union | $45,000 | n/a | 0.0% |
DOTHAN's top lender by overall market share is QUICKEN LOANS, LLC, with 8.5% market share. In second place, with 6.9%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $63,515,000 in loans. In third place, with 6.4%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $58,895,000 in loans. In third place, with 6.0%, is Renasant Bank, having originated $54,930,000 in loans. In third place, with 4.6%, is Mortgage Research Center, LLC, having originated $41,960,000 in loans.
DOTHAN, AL Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,435 | $474,645,000 | $194,926 |
| Refi | 1,877 | $310,725,000 | $165,543 |
| Cash Out Refi | 694 | $118,930,000 | $171,369 |
| Home Improvement | 113 | $8,115,000 | $71,814 |
| Other | 76 | $7,450,000 | $98,026 |
| NA | 1 | $1,235,000 | $1,235,000 |
Dothan's most frequently cited loan purpose was Home Purchase, with 2,435 originations. The 2nd most popular reason was Refi, with 1,877 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,789 | $340,125,000 | $190,120 |
| 3-4% | 1,679 | $302,455,000 | $180,140 |
| <2.5% | 983 | $196,135,000 | $199,527 |
| 4-5% | 319 | $46,565,000 | $145,972 |
| 5-6% | 81 | $7,265,000 | $89,691 |
| 6-7% | 69 | $4,725,000 | $68,478 |
| Over 8% | 43 | $3,535,000 | $82,209 |
| 7-8% | 31 | $2,075,000 | $66,935 |
During 2021, Dothan's most frequently originated rate bucket was 2.5-3%, with 1,789 originations.
Loan Sizing (DOTHAN, AL MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 2,395 | $352,485,000 | $147,175 |
| $200k-400k | 1,427 | $380,535,000 | $266,668 |
| $100,000 or less | 1,199 | $75,845,000 | $63,257 |
| $400k-600k | 147 | $68,565,000 | $466,429 |
| $600k-1000k | 17 | $11,715,000 | $689,118 |
| $Over $1MM | 11 | $31,955,000 | $2,905,000 |
DOTHAN's loan sizing saw the bucket of loans from $100k-200k with 2,395 originations, totaling $352,485,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,548 | $495,470,000 | $194,454 |
| 60-80% | 1,323 | $247,985,000 | $187,441 |
| 40-60% | 426 | $56,390,000 | $132,371 |
| 20-40% | 187 | $13,765,000 | $73,610 |
| Over 100% | 111 | $30,405,000 | $273,919 |
| Under 20% | 96 | $2,630,000 | $27,396 |
DOTHAN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,548 originations, totaling $495,470,000 in origination value.
Market Conditions (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 | $154,800 (8.1%) | $196,331 (6.4%) | 0.57 | 949 |
| 2018-02-01 | $158,750 (8.1%) | $195,446 (4.0%) | 0.57 | 1,018 |
| 2018-03-01 | $159,900 (4.7%) | $194,877 (0.4%) | 0.55 | 1,053 |
| 2018-04-01 | $159,900 (3.2%) | $196,245 (2.1%) | 0.54 | 1,054 |
| 2018-05-01 | $160,000 (3.4%) | $193,063 (-0.1%) | 0.53 | 1,292 |
| 2018-06-01 | $159,900 (2.8%) | $204,117 (4.7%) | 0.53 | 1,084 |
| 2018-07-01 | $167,550 (6.7%) | $209,247 (7.2%) | 0.56 | 1,045 |
| 2018-08-01 | $164,348 (3.4%) | $208,552 (6.3%) | 0.55 | 999 |
| 2018-09-01 | $165,000 (3.5%) | $209,281 (6.5%) | 0.55 | 996 |
| 2018-10-01 | $164,900 (3.6%) | $211,187 (8.5%) | 0.55 | 964 |
| 2018-11-01 | $163,000 (5.2%) | $215,591 (11.7%) | 0.55 | 935 |
| 2018-12-01 | $167,000 (8.8%) | $221,335 (14.2%) | 0.57 | 870 |
| 2019-01-01 | $176,500 (14.0%) | $223,755 (14.0%) | 0.61 | 828 |
| 2019-02-01 | $179,800 (13.3%) | $225,791 (15.5%) | 0.60 | 821 |
| 2019-03-01 | $182,100 (13.9%) | $240,204 (23.3%) | 0.59 | 787 |
| 2019-04-01 | $184,900 (15.6%) | $253,268 (29.1%) | 0.58 | 766 |
| 2019-05-01 | $186,200 (16.4%) | $250,787 (29.9%) | 0.57 | 764 |
| 2019-06-01 | $190,000 (18.8%) | $248,018 (21.5%) | 0.58 | 775 |
| 2019-07-01 | $189,000 (12.8%) | $244,727 (17.0%) | 0.59 | 773 |
| 2019-08-01 | $187,029 (13.8%) | $243,303 (16.7%) | 0.59 | 728 |
| 2019-09-01 | $184,650 (11.9%) | $240,328 (14.8%) | 0.59 | 720 |
| 2019-10-01 | $180,000 (9.2%) | $235,730 (11.6%) | 0.57 | 709 |
| 2019-11-01 | $187,500 (15.0%) | $237,428 (10.1%) | 0.61 | 684 |
| 2019-12-01 | $189,450 (13.4%) | $239,287 (8.1%) | 0.63 | 663 |
| 2020-01-01 | $190,900 (8.2%) | $246,673 (10.2%) | 0.64 | 621 |
| 2020-02-01 | $189,500 (5.4%) | $238,935 (5.8%) | 0.61 | 629 |
| 2020-03-01 | $193,650 (6.3%) | $242,282 (0.9%) | 0.61 | 604 |
| 2020-04-01 | $192,250 (4.0%) | $237,278 (-6.3%) | 0.60 | 587 |
| 2020-05-01 | $194,500 (4.5%) | $249,206 (-0.6%) | 0.59 | 522 |
| 2020-06-01 | $196,950 (3.7%) | $258,426 (4.2%) | 0.58 | 483 |
| 2020-07-01 | $201,950 (6.9%) | $258,539 (5.6%) | 0.58 | 468 |
| 2020-08-01 | $214,900 (14.9%) | $265,052 (8.9%) | 0.61 | 444 |
| 2020-09-01 | $204,750 (10.9%) | $261,376 (8.8%) | 0.59 | 398 |
| 2020-10-01 | $200,000 (11.1%) | $259,404 (10.0%) | 0.57 | 421 |
| 2020-11-01 | $204,000 (8.8%) | $268,190 (13.0%) | 0.58 | 360 |
| 2020-12-01 | $201,900 (6.6%) | $262,125 (9.5%) | 0.59 | 357 |
| 2021-01-01 | $191,300 (0.2%) | $261,805 (6.1%) | 0.56 | 316 |
| 2021-02-01 | $189,900 (0.2%) | $263,593 (10.3%) | 0.55 | 294 |
| 2021-03-01 | $189,900 (-1.9%) | $280,305 (15.7%) | 0.53 | 265 |
| 2021-04-01 | $216,250 (12.5%) | $300,851 (26.8%) | 0.58 | 231 |
| 2021-05-01 | $229,900 (18.2%) | $313,589 (25.8%) | 0.61 | 196 |
| 2021-06-01 | $214,950 (9.1%) | $289,546 (12.0%) | 0.56 | 210 |
| 2021-07-01 | $212,450 (5.2%) | $291,383 (12.7%) | 0.55 | 228 |
| 2021-08-01 | $206,450 (-3.9%) | $274,449 (3.6%) | 0.54 | 262 |
| 2021-09-01 | $219,500 (7.2%) | $275,174 (5.3%) | 0.58 | 286 |
| 2021-10-01 | $219,900 (10.0%) | $284,771 (9.8%) | 0.58 | 271 |
| 2021-11-01 | $213,000 (4.4%) | $285,961 (6.6%) | 0.56 | 266 |
| 2021-12-01 | $219,000 (8.5%) | $287,853 (9.8%) | 0.58 | 250 |
| 2022-01-01 | $226,399 (18.4%) | $298,128 (13.9%) | 0.60 | 219 |
| 2022-02-01 | $217,000 (14.3%) | $294,595 (11.8%) | 0.55 | 224 |
| 2022-03-01 | $238,700 (25.7%) | $297,995 (6.3%) | 0.59 | 184 |
| 2022-04-01 | $245,000 (13.3%) | $294,363 (-2.2%) | 0.58 | 213 |
| 2022-05-01 | $235,000 (2.2%) | $307,725 (-1.9%) | 0.53 | 222 |
DOTHAN's median listing price for 2022-05-01 was $235,000, a difference of
$5,100
(2.2%) versus the prior year and
$-10,000 versus the prior month.
DOTHAN's median listing price comes in at 53% of the national average.
DOTHAN's average listing price for 2022-05-01 was $307,725, a difference of $-5,864 (-1.9%) versus the prior year and $13,362 versus the prior month.
For the 2022-05-01 period, DOTHAN had 222 MLS listings, a difference of 9 listings (4%) versus the prior month and 26 listings (13%) versus the prior year.
DOTHAN's median listing price comes in at 53% of the national average.
DOTHAN's average listing price for 2022-05-01 was $307,725, a difference of $-5,864 (-1.9%) versus the prior year and $13,362 versus the prior month.
For the 2022-05-01 period, DOTHAN had 222 MLS listings, a difference of 9 listings (4%) versus the prior month and 26 listings (13%) 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 | 112 days | 1,854 sqft |
| 2018-02-01 | 103 days | 1,844 sqft |
| 2018-03-01 | 94 days | 1,850 sqft |
| 2018-04-01 | 81 days | 1,863 sqft |
| 2018-05-01 | 64 days | 1,874 sqft |
| 2018-06-01 | 66 days | 1,882 sqft |
| 2018-07-01 | 75 days | 1,901 sqft |
| 2018-08-01 | 95 days | 1,891 sqft |
| 2018-09-01 | 99 days | 1,882 sqft |
| 2018-10-01 | 105 days | 1,883 sqft |
| 2018-11-01 | 104 days | 1,879 sqft |
| 2018-12-01 | 113 days | 1,918 sqft |
| 2019-01-01 | 116 days | 1,972 sqft |
| 2019-02-01 | 108 days | 1,976 sqft |
| 2019-03-01 | 107 days | 1,998 sqft |
| 2019-04-01 | 80 days | 2,009 sqft |
| 2019-05-01 | 74 days | 1,982 sqft |
| 2019-06-01 | 71 days | 2,000 sqft |
| 2019-07-01 | 74 days | 1,981 sqft |
| 2019-08-01 | 80 days | 1,951 sqft |
| 2019-09-01 | 86 days | 1,937 sqft |
| 2019-10-01 | 87 days | 1,961 sqft |
| 2019-11-01 | 94 days | 1,980 sqft |
| 2019-12-01 | 99 days | 1,988 sqft |
| 2020-01-01 | 98 days | 1,999 sqft |
| 2020-02-01 | 86 days | 1,995 sqft |
| 2020-03-01 | 69 days | 2,010 sqft |
| 2020-04-01 | 72 days | 1,990 sqft |
| 2020-05-01 | 76 days | 2,000 sqft |
| 2020-06-01 | 65 days | 2,022 sqft |
| 2020-07-01 | 54 days | 2,040 sqft |
| 2020-08-01 | 58 days | 2,058 sqft |
| 2020-09-01 | 56 days | 2,040 sqft |
| 2020-10-01 | 59 days | 2,058 sqft |
| 2020-11-01 | 71 days | 2,077 sqft |
| 2020-12-01 | 76 days | 2,058 sqft |
| 2021-01-01 | 77 days | 2,022 sqft |
| 2021-02-01 | 66 days | 1,971 sqft |
| 2021-03-01 | 57 days | 1,950 sqft |
| 2021-04-01 | 43 days | 2,075 sqft |
| 2021-05-01 | 38 days | 2,090 sqft |
| 2021-06-01 | 30 days | 2,079 sqft |
| 2021-07-01 | 31 days | 2,004 sqft |
| 2021-08-01 | 36 days | 1,990 sqft |
| 2021-09-01 | 36 days | 1,979 sqft |
| 2021-10-01 | 48 days | 1,983 sqft |
| 2021-11-01 | 60 days | 1,928 sqft |
| 2021-12-01 | 61 days | 1,955 sqft |
| 2022-01-01 | 59 days | 1,847 sqft |
| 2022-02-01 | 39 days | 1,874 sqft |
| 2022-03-01 | 49 days | 1,891 sqft |
| 2022-04-01 | 35 days | 1,955 sqft |
| 2022-05-01 | 36 days | 1,930 sqft |
DOTHAN's median listing age (time on market) for 2022-05-01 was 36 days.
This
is -5%
shorter
than the same period one year ago.
DOTHAN's median square footage for active listings during the 2022-05-01 period was 1,930 sqft. One year prior, the average listing was 2,090 sqft.
DOTHAN's median square footage for active listings during the 2022-05-01 period was 1,930 sqft. One year prior, the average listing was 2,090 sqft.
