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 6.58% for the week of 2023-03-16, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2023-03-09) was 6.81% and one month ago for the week of 2023-02-09, the average rate was 6.3%.

Dothan's average rate one year ago was 4.03%.

For refis of the same type during the week of 2023-03-16, the average rate was 6.7%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-03-16 6.6%
Dothan 30 Year Fixed Rate 2023-03-16 6.58%
Dothan 30 Year Fixed Rate Refi 2023-03-16 6.7%
Dothan 15 Year Fixed Rate 2023-03-16 6.97%
Dothan 15 Year Fixed Rate Refi 2023-03-16 5.94%
Dothan 30 Year FHA 2023-03-16 6.64%
Dothan 30 Year FHA Refi 2023-03-16 6.48%
Dothan 30 Year USDA 2023-03-16 6.48%
Dothan 30 Year USDA Refi 2023-03-16 6.15%
Dothan 30 Year VA 2023-03-16 6.52%
Dothan 30 Year VA Refi 2023-03-16 6.15%
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 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 171 3.16% $4,384
Renasant Bank 144 2.97% $3,336
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 137 3.06% $3,292
INTERLINC MORTGAGE SERVICES, LLC 118 3.15% $2,417
Ameris Bank 73 3.15% $2,967
Regions Bank 53 3.27% $3,107
Wells Fargo Bank 51 3.25% $2,890
Hometown Lenders, Inc. 49 3.31% $3,616
AVADIAN 49 2.98% $2,937
ServisFirst Bank 45 3.13% $3,822
Tyndall Federal Credit Union 42 3.03% $2,516
Five Star Credit Union 41 3.22% $3,241
GUILD MORTGAGE COMPANY 33 3.40% $3,401
FirstBank 32 3.43% $3,196
CRESCENT MORTGAGE COMPANY 31 3.16% $3,882
AMERISAVE MORTGAGE CORPORATION 25 2.94% $4,195
Hamilton Mortgage Corporation 24 3.23% $2,972
PENNYMAC LOAN SERVICES, LLC 23 3.01% $4,090
CALIBER HOME LOANS, INC. 19 3.20% $3,161
NAVY FEDERAL CREDIT UNION 18 3.99% $3,728
MORTGAGE INVESTORS GROUP, INC. 17 3.09% $3,805
LOANDEPOT.COM, LLC 14 3.20% $4,362
UNITED WHOLESALE MORTGAGE, LLC 14 2.99% $4,496
HOME POINT FINANCIAL CORPORATION 14 3.05% $4,631
APCO EMPLOYEES 13 3.13% $3,031
PRIMARY RESIDENTIAL MORTGAGE, INC. 11 3.05% $3,382
BBVA USA 11 3.33% $3,260
KELLER MORTGAGE, LLC 11 3.26% $2,802
BankPlus 10 2.84% $2,946
Mr. Cooper ( Nationstar Mortgage ) 10 3.62% $4,227
NEWREZ LLC 10 3.35% $3,134
Mortgage Research Center, LLC 10 2.99% $1,889
JPMorgan Chase Bank 10 3.41% $3,072
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 10 3.15% $3,174
GUARANTEED RATE, INC. 9 3.08% $3,374
Truist 9 3.13% $3,427
STEARNS LENDING, LLC 8 2.91% $4,398
BETTER MORTGAGE CORPORATION 8 2.97% $3,243
Synovus Bank 7 3.21% $3,564
Ixonia Bank 7 3.21% $4,152
UNION HOME MORTGAGE CORP. 7 3.02% $4,660
Trustmark National Bank 7 3.23% $2,957
AMERICAN FINANCING CORPORATION 6 2.96% $3,451
ROYAL UNITED MORTGAGE LLC 6 3.25% $5,428
FIRST COMMUNITY MORTGAGE, INC. 6 2.92% $3,997
Troy Bank and Trust Company 6 3.83% $2,874
Flagstar Bank, FSB 5 3.42% $3,714
Nations Lending Corporation 5 3.03% $3,129
SOFI LENDING CORP. 5 3.20% $3,144
River Bank & Trust 5 3.47% $8,538
BROKER SOLUTIONS, INC. 5 3.59% $5,752
Ally Bank 4 3.44% $3,306
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.31% $5,896
Northpointe Bank 4 3.19% $3,284
AMERICAN FINANCIAL NETWORK, INC. 3 3.75% $6,197
PNC Bank 3 3.04% $4,567
GMFS LLC 3 2.83% $4,165
U.S. Bank 3 3.12% $2,880
Wyndham Capital Mortgage, Inc. 3 3.29% $1,347
ZILLOW HOME LOANS, LLC 3 3.42% $3,657
CHURCHILL MORTGAGE CORPORATION 3 3.83% $2,850
HOMESTEAD FUNDING CORP. 3 2.50% $3,250
BancorpSouth Bank 3 3.00% $3,075
Consumer First Mortgage, Inc. 3 2.92% $2,660
HOMESIDE FINANCIAL, LLC 2 3.06% $5,038
MUTUAL OF OMAHA MORTGAGE, INC. 2 3.25% $3,515
ALL IN 2 3.44% $2,443
Independent Bank 2 2.63% $2,404
South State Bank 2 3.56% $3,008
Citizens Bank 2 3.00% $3,674
AMERICAN INTERNET MORTGAGE, INC. 2 2.75% $4,150
First Guaranty Mortgage Corporation 2 3.25% $5,237
ENVOY MORTGAGE, LTD 2 3.44% $2,385
PENTAGON FEDERAL CREDIT UNION 2 2.75% $1,491
Paramount Bank 2 2.81% $2,483
MOVEMENT MORTGAGE, LLC 2 3.34% $1,591
NBKC BANK 2 3.00% $2,688
LOANPAL, LLC 2 3.06% $2,465
MAX Credit Union 2 3.38% $4,213
CMG MORTGAGE, INC. 2 3.25% $5,038
CROSSCOUNTRY MORTGAGE, LLC 2 3.50% $3,987
Waterstone Mortgage Corporation 2 3.44% $3,759
Victorian Finance, LLC 2 3.25% $2,755
MILEND, INC. 2 3.44% $6,471
AmeriHome Mortgage Company, LLC 2 3.25% $3,631
TIAA, FSB 1 2.75% $2,510
ALLIED MORTGAGE GROUP, INC. 1 2.88% $4,293
American Mortgage & Equity Consultants, Inc. 1 3.38% $4,639
Bank of America 1 3.25% $2,791
Bank of England 1 3.13% $3,532
Beach Community Mortgage Services, Inc. 1 3.00% $2,604
CANOPY MORTGAGE, LLC 1 2.88% $3,106
Capital City Home Loans, LLC 1 2.88% $3,302
CapStar Bank 1 3.25% $2,969
Carrington Mortgage Services, LLC 1 3.50% $3,797
CHERRY CREEK MORTGAGE, LLC 1 2.88% $918
Citibank 1 2.88% $3,120
CITIZENS EQUITY FIRST 1 3.13% $3,362
City Bank 1 3.25% $3,776
Colten Mortgage, LLC 1 3.13% $3,819
DAS Acquisition Company, LLC 1 2.75% $5,362
Deere Employees Credit Union 1 2.25% $3,137
DELTA COMMUNITY CREDIT UNION 1 2.75% $3,526
EMBRACE HOME LOANS, INC. 1 3.13% $3,556
FBC MORTGAGE, LLC 1 3.63% $3,674
Fifth Third Bank 1 3.25% $2,951
First Home Bank 1 3.00% $5,221
First Savings Bank 1 2.75% $3,984
First United Bank and Trust Company 1 3.38% $3,638
FREEDOM MORTGAGE CORPORATION 1 3.63% $3,553
Gold Coast Bank 1 3.25% $4,155
Goldwater Bank, N.A. 1 3.13% $2,410
GSF Mortgage Corporation 1 2.75% $1,124
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.50% $3,487
INLANTA MORTGAGE, INC. 1 2.75% $2,949
InterContinental Capital Group, Inc 1 3.25% $3,153
LEADERONE FINANCIAL CORPORATION 1 3.13% $3,856
LOANFLIGHT LENDING, LLC 1 2.38% $1,509
Meridian Bank Corporation 1 3.13% $4,510
Metro City Bank 1 3.75% $4,416
MORTGAGE ACCESS CORP. 1 3.25% $2,752
M&T Bank 1 3.25% $2,189
NexBank 1 2.88% $5,040
OCEANSIDE MORTGAGE COMPANY 1 2.88% $4,005
PANORAMA MORTGAGE GROUP, LLC 1 3.00% $5,192
PHH Mortgage Corporation 1 3.50% $3,966
Plains Commerce Bank 1 3.88% $2,233
PREMIA MORTGAGE, LLC 1 2.75% $5,136
RELIANCE FIRST CAPITAL, LLC 1 3.50% $5,496
RUOFF MORTGAGE COMPANY, INC. 1 3.25% $3,088
S1L, Inc. 1 3.38% $9,148
SeaTrust Mortgage Company 1 3.13% $2,144
SECURITYNATIONAL MORTGAGE COMPANY 1 3.38% $4,392
SIRVA MORTGAGE, INC. 1 3.00% $495
SmartBank 1 3.25% $1,883
SouthPoint Bank 1 2.50% $2,050
SUCCESS MORTGAGE PARTNERS, INC. 1 2.99% $3,138
Alabama One Credit Union 1 3.25% $3,254
TOWNE MORTGAGE COMPANY 1 2.88% $1,856
Triumph Bank 1 2.63% $3,123
UNITED 1 3.13% $3,886
USAA Federal Savings Bank 1 3.00% $2,930
Vibrant Credit Union 1 3.25% $2,426

DOTHAN Average Closing Costs & Other Stats

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.

DOTHAN's average closing costs are $3,916.

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 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 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 fourth place, with 6.0%, is Renasant Bank, having originated $54,930,000 in loans. In fifth place, with 4.6%, is Mortgage Research Center, LLC, having originated $41,960,000 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%) 0.60 652
2019-04-01 $184,675 (12.3%) $253,473 (26.4%) 0.59 633
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%) 0.59 622
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 (-3.4%) 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%) $287,624 (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 $209,675 (5.1%) $290,431 (8.7%) 0.55 184
2021-07-01 $199,900 (-4.2%) $277,475 (3.8%) 0.53 205
2021-08-01 $202,600 (-7.3%) $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%) $292,550 (8.3%) 0.61 199
2022-02-01 $215,000 (12.9%) $296,449 (8.8%) 0.56 198
2022-03-01 $242,625 (27.8%) $306,457 (6.6%) 0.61 172
2022-04-01 $253,695 (14.6%) $304,903 (-1.9%) 0.60 192
2022-05-01 $239,900 (5.7%) $304,567 (-5.2%) 0.55 202
2022-06-01 $252,425 (20.4%) $306,169 (5.4%) 0.56 230
2022-07-01 $262,000 (31.1%) $308,391 (11.1%) 0.59 256
2022-08-01 $267,250 (31.9%) $308,924 (16.4%) 0.61 280
2022-09-01 $263,750 (19.9%) $308,414 (13.2%) 0.61 300
2022-10-01 $259,900 (18.2%) $299,007 (5.2%) 0.61 310
2022-11-01 $249,900 (19.6%) $293,953 (5.0%) 0.60 318
2022-12-01 $249,000 (14.5%) $290,174 (1.9%) 0.61 308
2023-01-01 $235,225 (4.6%) $282,011 (-3.6%) 0.58 280
2023-02-01 $257,675 (19.9%) $286,276 (-3.4%) 0.62 234
DOTHAN's median listing price for 2023-02-01 was $257,675, a difference of $42,675 (19.9%) versus the prior year and $22,450 versus the prior month.

DOTHAN's median listing price comes in at 62% of the national average.

DOTHAN's average listing price for 2023-02-01 was $286,276, a difference of $-10,173 (-3.4%) versus the prior year and $4,265 versus the prior month.

For the 2023-02-01 period, DOTHAN had 234 MLS listings, a difference of -46 listings (-16%) versus the prior month and 36 listings (18%) 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
2018-01-01 116 days 1,872 sqft
2018-02-01 108 days 1,851 sqft
2018-03-01 102 days 1,856 sqft
2018-04-01 85 days 1,883 sqft
2018-05-01 83 days 1,878 sqft
2018-06-01 86 days 1,900 sqft
2018-07-01 85 days 1,901 sqft
2018-08-01 96 days 1,888 sqft
2018-09-01 97 days 1,882 sqft
2018-10-01 103 days 1,893 sqft
2018-11-01 107 days 1,885 sqft
2018-12-01 114 days 1,938 sqft
2019-01-01 116 days 1,975 sqft
2019-02-01 109 days 1,973 sqft
2019-03-01 96 days 2,003 sqft
2019-04-01 79 days 2,036 sqft
2019-05-01 74 days 1,992 sqft
2019-06-01 74 days 2,009 sqft
2019-07-01 76 days 1,992 sqft
2019-08-01 82 days 1,972 sqft
2019-09-01 85 days 1,961 sqft
2019-10-01 88 days 1,965 sqft
2019-11-01 98 days 1,987 sqft
2019-12-01 102 days 2,010 sqft
2020-01-01 107 days 2,033 sqft
2020-02-01 89 days 2,005 sqft
2020-03-01 73 days 2,041 sqft
2020-04-01 73 days 2,017 sqft
2020-05-01 75 days 2,026 sqft
2020-06-01 66 days 2,040 sqft
2020-07-01 54 days 2,060 sqft
2020-08-01 56 days 2,100 sqft
2020-09-01 59 days 2,038 sqft
2020-10-01 61 days 2,054 sqft
2020-11-01 73 days 2,068 sqft
2020-12-01 78 days 2,047 sqft
2021-01-01 75 days 2,022 sqft
2021-02-01 71 days 1,978 sqft
2021-03-01 56 days 1,948 sqft
2021-04-01 41 days 2,088 sqft
2021-05-01 39 days 2,089 sqft
2021-06-01 29 days 2,047 sqft
2021-07-01 30 days 1,959 sqft
2021-08-01 34 days 1,937 sqft
2021-09-01 39 days 1,962 sqft
2021-10-01 50 days 1,928 sqft
2021-11-01 62 days 1,844 sqft
2021-12-01 69 days 1,900 sqft
2022-01-01 60 days 1,844 sqft
2022-02-01 42 days 1,853 sqft
2022-03-01 50 days 1,909 sqft
2022-04-01 36 days 2,001 sqft
2022-05-01 39 days 1,928 sqft
2022-06-01 36 days 2,013 sqft
2022-07-01 37 days 2,059 sqft
2022-08-01 44 days 2,077 sqft
2022-09-01 57 days 2,066 sqft
2022-10-01 60 days 2,059 sqft
2022-11-01 66 days 1,991 sqft
2022-12-01 74 days 2,000 sqft
2023-01-01 77 days 2,010 sqft
2023-02-01 73 days 2,116 sqft
DOTHAN's median listing age (time on market) for 2023-02-01 was 73 days. This is 76% longer than the same period one year ago.

DOTHAN's median square footage for active listings during the 2023-02-01 period was 2,116 sqft. One year prior, the average listing was 1,853 sqft.

DOTHAN, AL Average Rent (2022)

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 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.