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.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
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
HOME POINT FINANCIAL CORPORATION 14 3.05% $4,631
UNITED WHOLESALE MORTGAGE, LLC 14 2.99% $4,496
APCO EMPLOYEES 13 3.13% $3,031
PRIMARY RESIDENTIAL MORTGAGE, INC. 11 3.05% $3,382
KELLER MORTGAGE, LLC 11 3.26% $2,802
BBVA USA 11 3.33% $3,260
JPMorgan Chase Bank 10 3.41% $3,072
BankPlus 10 2.84% $2,946
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 10 3.15% $3,174
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
Truist Bank 9 3.13% $3,427
GUARANTEED RATE, INC. 9 3.08% $3,374
BETTER MORTGAGE CORPORATION 8 2.97% $3,243
STEARNS LENDING, LLC 8 2.91% $4,398
Synovus Bank 7 3.21% $3,564
Ixonia Bank 7 3.21% $4,152
Trustmark National Bank 7 3.23% $2,957
UNION HOME MORTGAGE CORP. 7 3.02% $4,660
FIRST COMMUNITY MORTGAGE, INC. 6 2.92% $3,997
ROYAL UNITED MORTGAGE LLC 6 3.25% $5,428
Troy Bank and Trust Company 6 3.83% $2,874
AMERICAN FINANCING CORPORATION 6 2.96% $3,451
BROKER SOLUTIONS, INC. 5 3.59% $5,752
Flagstar Bank, FSB 5 3.42% $3,714
SOFI LENDING CORP. 5 3.20% $3,144
River Bank & Trust 5 3.47% $8,538
Nations Lending Corporation 5 3.03% $3,129
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 3.31% $5,896
Northpointe Bank 4 3.19% $3,284
Ally Bank 4 3.44% $3,306
ZILLOW HOME LOANS, LLC 3 3.42% $3,657
BancorpSouth Bank 3 3.00% $3,075
CHURCHILL MORTGAGE CORPORATION 3 3.83% $2,850
GMFS LLC 3 2.83% $4,165
PNC Bank 3 3.04% $4,567
U.S. Bank 3 3.12% $2,880
Consumer First Mortgage, Inc. 3 2.92% $2,660
HOMESTEAD FUNDING CORP. 3 2.50% $3,250
AMERICAN FINANCIAL NETWORK, INC. 3 3.75% $6,197
Wyndham Capital Mortgage, Inc. 3 3.29% $1,347
PENTAGON FEDERAL CREDIT UNION 2 2.75% $1,491
Paramount Bank 2 2.81% $2,483
CROSSCOUNTRY MORTGAGE, LLC 2 3.50% $3,987
NBKC BANK 2 3.00% $2,688
LOANPAL, LLC 2 3.06% $2,465
CMG MORTGAGE, INC. 2 3.25% $5,038
MAX Credit Union 2 3.38% $4,213
MOVEMENT MORTGAGE, LLC 2 3.34% $1,591
MILEND, INC. 2 3.44% $6,471
MUTUAL OF OMAHA MORTGAGE, INC. 2 3.25% $3,515
Waterstone Mortgage Corporation 2 3.44% $3,759
Victorian Finance, LLC 2 3.25% $2,755
AmeriHome Mortgage Company, LLC 2 3.25% $3,631
ALL IN 2 3.44% $2,443
South State Bank 2 3.56% $3,008
AMERICAN INTERNET MORTGAGE, INC. 2 2.75% $4,150
HOMESIDE FINANCIAL, LLC 2 3.06% $5,038
First Guaranty Mortgage Corporation 2 3.25% $5,237
Independent Bank 2 2.63% $2,404
ENVOY MORTGAGE, LTD 2 3.44% $2,385
Citizens Bank 2 3.00% $3,674
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
Manufacturers and Traders Trust Company 1 3.25% $2,189
Meridian Bank Corporation 1 3.13% $4,510
Metro City Bank 1 3.75% $4,416
MORTGAGE ACCESS CORP. 1 3.25% $2,752
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, 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.

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.