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 6.56% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

The average rate for the prior week (2024-12-05) was 6.65% and one month ago for the week of 2024-11-07, the average rate was 6.55%.

Dothan's average rate one year ago was 6.79%.

For refis of the same type during the week of 2024-12-12, the average rate was 6.78%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-12-12 6.6%
Dothan 30 Year Fixed Rate 2024-12-12 6.56%
Dothan 30 Year Fixed Rate Refi 2024-12-12 6.78%
Dothan 15 Year Fixed Rate 2024-12-12 6.04%
Dothan 15 Year Fixed Rate Refi 2024-12-12 6.24%
Dothan 30 Year FHA 2024-12-12 6.46%
Dothan 30 Year FHA Refi 2024-12-12 6.48%
Dothan 30 Year USDA 2024-12-12 6.27%
Dothan 30 Year USDA Refi 2024-12-12 6.5%
Dothan 30 Year VA 2024-12-12 6.11%
Dothan 30 Year VA Refi 2024-12-12 6.18%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 54 6.69% $4,441
QUICKEN LOANS, LLC 45 6.85% $6,178
Ameris Bank 40 6.60% $5,151
INTERLINC MORTGAGE SERVICES, LLC 39 6.69% $3,631
Five Star Credit Union 33 6.72% $3,884
River Bank & Trust 30 7.03% $5,122
PENNYMAC LOAN SERVICES, LLC 28 6.53% $4,581
Regions Bank 19 6.66% $4,702
ServisFirst Bank 16 6.84% $3,529
AVADIAN 16 6.45% $3,487
MORTGAGE INVESTORS GROUP, INC. 15 4.47% $3,662
Tyndall Federal Credit Union 14 6.53% $4,047
Troy Bank and Trust Company 13 6.97% $3,067
Mortgage Research Center, LLC 12 6.78% $2,750
Wells Fargo Bank 12 7.09% $3,596
NAVY FEDERAL CREDIT UNION 12 7.22% $4,164
Renasant Bank 12 6.85% $4,378
ENVOY MORTGAGE, LTD 12 7.22% $5,168
21ST MORTGAGE CORPORATION 10 8.11% $5,764
Synovus Bank 10 6.33% $4,264
NEWREZ LLC 10 6.68% $5,004
UNITED WHOLESALE MORTGAGE, LLC 10 7.04% $6,141
AMERISAVE MORTGAGE CORPORATION 8 6.58% $6,961
PRIMELENDING, A PLAINSCAPITAL COMPANY 8 7.14% $3,915
CARDINAL FINANCIAL 8 7.40% $7,698
FirstBank 7 6.61% $5,514
SmartBank 7 6.80% $3,355
Trustmark National Bank 7 6.91% $4,706
MOVEMENT MORTGAGE, LLC 7 7.63% $4,328
ZILLOW HOME LOANS, LLC 6 7.33% $4,316
JPMorgan Chase Bank 6 6.58% $5,139
STOCKTON MORTGAGE CORPORATION 6 7.35% $4,900
Mr. Cooper ( Nationstar Mortgage ) 5 6.84% $7,269
South State Bank 5 6.73% $3,965
LOANDEPOT.COM, LLC 5 7.17% $5,643
PNC Bank 5 6.60% $3,425
APCO EMPLOYEES 4 6.41% $3,164
PREMIA MORTGAGE, LLC 3 6.54% $1,281
USAA Federal Savings Bank 3 6.17% $6,963
AMERICAN FINANCIAL RESOURCES, INC. 3 7.54% $4,422
UNION HOME MORTGAGE CORP. 3 6.33% $8,448
Bank of America 3 5.38% $4,477
CROSSCOUNTRY MORTGAGE, LLC 3 6.98% $8,257
AMERICAN FINANCING CORPORATION 2 7.81% $6,071
Fifth Third Bank 2 7.00% $3,565
First National Bank of America 2 10.44% $6,997
CMG MORTGAGE, INC. 2 7.25% $5,594
GERSHMAN INVESTMENT CORP. 2 6.50% $3,746
GUARANTEED RATE, INC. 2 6.94% $4,886
Ixonia Bank 2 6.68% $4,461
Citizens Bank 2 6.19% $4,612
CHURCHILL MORTGAGE CORPORATION 2 8.19% $3,905
BMO Harris Bank 2 5.56% $5,175
BankPlus 2 7.56% $3,288
PHH Mortgage Corporation 2 6.19% $7,264
Alabama One Credit Union 2 6.94% $5,010
TOWNE MORTGAGE COMPANY 2 6.13% $4,960
Ally Bank 2 6.19% $3,544
U.S. Bank 2 7.19% $4,146
HOMEXPRESS MORTGAGE CORP. 1 8.25% $7,121
BROKER SOLUTIONS, INC. 1 6.99% $6,074
NBKC BANK 1 6.75% $3,451
DHI MORTGAGE COMPANY, LTD. 1 5.99% $2,563
FIRST COMMERCE CREDIT UNION 1 5.75% $2,630
PENTAGON FEDERAL CREDIT UNION 1 7.50% $1,915
DEEPHAVEN MORTGAGE LLC 1 8.50% $8,555
Plains Commerce Bank 1 6.88% $8,049
HOMESTEAD FUNDING CORP. 1 6.63% $2,665
Heritage Bank 1 7.50% $5,093
Bank of England 1 7.38% $6,024
Gulf Winds Credit Union 1 4.65% $2,747
REDSTONE Federal Credit Union 1 5.38% $5,521
Assurance Financial Group, L.L.C. 1 6.50% $8,094
ASCEND FEDERAL CREDIT UNION 1 6.88% $3,777
GUILD MORTGAGE COMPANY 1 6.13% $10,847
RUOFF MORTGAGE COMPANY, INC. 1 5.88% $5,434
SECURITYNATIONAL MORTGAGE COMPANY 1 6.99% $9,475
AMERICA'S FIRST 1 6.63% $5,035
Sierra Pacific Mortgage Company, Inc. 1 6.99% $3,229
AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.99% $9,646
GMFS LLC 1 6.50% $1,850
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.75% $8,389
Suncoast Credit Union 1 4.50% $2,895
SWBC MORTGAGE CORPORATION 1 6.88% $3,514
FAIRWINDS CREDIT UNION 1 6.75% $3,508
TEXAS TECH 1 6.38% $5,234
TJC Mortgage, Inc. 1 6.25% $6,315
Waterstone Mortgage Corporation 1 6.50% $8,290
GENEVA FINANCIAL, LLC 1 8.13% $15,058
Truist 1 6.13% $2,999
AMERICAN FINANCIAL NETWORK, INC. 1 7.63% $8,035
AMERICAN BANCSHARES MORTGAGE 1 9.63% $4,023
ALL IN 1 6.50% $6,105
KELLER MORTGAGE, LLC 1 6.38% $3,174
LAKEVIEW LOAN SERVICING, LLC 1 6.63% $9,553
LENOX FINANCIAL MORTGAGE CORPORATION 1 7.00% $4,802
Civista Bank 1 5.88% $4,533
FIRST COMMUNITY MORTGAGE, INC. 1 7.75% $2,914
Citadel Servicing Corporation 1 12.37% $7,571
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 6.00% $2,107
UNITED 1 5.75% $3,199

DOTHAN Average Closing Costs & Other Stats

DOTHAN, AL's 101 lenders originated 2,908 loans during 2023. The total origination value was $510,540,000, with an average loan value of $175,564.

DOTHAN's average closing costs are $4,413.

The top DOTHAN lender as defined by loan originations is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 54 loans originated. Their average total fees are $4,441, which is $1,737 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee DOTHAN lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($2,750), Troy Bank and Trust Company ($3,067), AVADIAN ($3,487), ServisFirst Bank ($3,529) and Wells Fargo Bank ($3,596).

The lowest rate DOTHAN lenders (with over 10 loans originated) are MORTGAGE INVESTORS GROUP, INC. (4.47%), Synovus Bank (6.33%), AVADIAN (6.45%), Tyndall Federal Credit Union (6.53%) and PENNYMAC LOAN SERVICES, LLC (6.53%).

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $45,955,000 $30,215,000 -34.3% 5.9%
Mortgage Research Center, LLC $28,210,000 $29,905,000 6.0% 5.9%
QUICKEN LOANS, LLC $34,310,000 $28,150,000 -18.0% 5.5%
Ameris Bank $24,010,000 $20,995,000 -12.6% 4.1%
INTERLINC MORTGAGE SERVICES, LLC $41,265,000 $19,375,000 -53.0% 3.8%
River Bank & Trust $22,930,000 $18,315,000 -20.1% 3.6%
ALL IN $18,940,000 $17,640,000 -6.9% 3.5%
PENNYMAC LOAN SERVICES, LLC $19,345,000 $13,865,000 -28.3% 2.7%
ENVOY MORTGAGE, LTD $6,815,000 $12,905,000 89.4% 2.5%
Troy Bank and Trust Company $11,520,000 $12,080,000 4.9% 2.4%
Five Star Credit Union $10,955,000 $10,980,000 0.2% 2.2%
Renasant Bank $19,925,000 $10,845,000 -45.6% 2.1%
Regions Bank $19,830,000 $10,510,000 -47.0% 2.1%
BankSouth $10,435,000 n/a 2.0%
PeoplesSouth Bank $15,925,000 $10,170,000 -36.1% 2.0%
Arbor Realty Trust, Inc. $10,005,000 n/a 2.0%
21ST MORTGAGE CORPORATION $4,045,000 $9,565,000 136.5% 1.9%
NAVY FEDERAL CREDIT UNION $6,125,000 $8,910,000 45.5% 1.7%
UNITED WHOLESALE MORTGAGE, LLC $9,825,000 $8,675,000 -11.7% 1.7%
BankPlus $5,170,000 $7,960,000 54.0% 1.6%
APCO EMPLOYEES $5,190,000 $7,855,000 51.3% 1.5%
Tyndall Federal Credit Union $9,690,000 $7,835,000 -19.1% 1.5%
CROSSCOUNTRY MORTGAGE, LLC $1,305,000 $7,775,000 495.8% 1.5%
ServisFirst Bank $15,320,000 $7,105,000 -53.6% 1.4%
The First National Bank of Hartford $10,765,000 $6,660,000 -38.1% 1.3%
AVADIAN $1,820,000 $6,265,000 244.2% 1.2%
Synovus Bank $10,625,000 $5,815,000 -45.3% 1.1%
USAA Federal Savings Bank $5,725,000 $5,595,000 -2.3% 1.1%
NEWREZ LLC $2,135,000 $4,660,000 118.3% 0.9%
HNB First Bank $4,240,000 n/a 0.8%
The Samson Banking Company, Inc. $4,480,000 $4,155,000 -7.3% 0.8%
MORTGAGE INVESTORS GROUP, INC. $3,065,000 $4,100,000 33.8% 0.8%
FirstBank $11,445,000 $4,075,000 -64.4% 0.8%
Wells Fargo Bank $7,400,000 $3,910,000 -47.2% 0.8%
MOVEMENT MORTGAGE, LLC $2,170,000 $3,895,000 79.5% 0.8%
First State Bank of Blakely, Inc. $2,520,000 $3,650,000 44.8% 0.7%
CARDINAL FINANCIAL $760,000 $3,435,000 352.0% 0.7%
FREEDOM MORTGAGE CORPORATION $6,445,000 $3,420,000 -46.9% 0.7%
PNC Bank $4,360,000 $3,330,000 -23.6% 0.7%
MidSouth Bank $3,165,000 n/a 0.6%
PRIMELENDING, A PLAINSCAPITAL COMPANY $920,000 $3,130,000 240.2% 0.6%
SmartBank $1,615,000 $2,845,000 76.2% 0.6%
UNION HOME MORTGAGE CORP. $6,060,000 $2,835,000 -53.2% 0.6%
JPMorgan Chase Bank $2,420,000 $2,825,000 16.7% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $5,995,000 $2,735,000 -54.4% 0.5%
LOANDEPOT.COM, LLC $8,315,000 $2,720,000 -67.3% 0.5%
NEW DAY FINANCIAL, LLC $3,180,000 $2,720,000 -14.5% 0.5%
CMG MORTGAGE, INC. $785,000 $2,555,000 225.5% 0.5%
GUARANTEED RATE, INC. $1,685,000 $2,540,000 50.7% 0.5%
AMERISAVE MORTGAGE CORPORATION $1,960,000 $2,485,000 26.8% 0.5%
First Federal Bank $2,240,000 $2,465,000 10.0% 0.5%
STOCKTON MORTGAGE CORPORATION $730,000 $2,455,000 236.3% 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,445,000 $2,450,000 69.6% 0.5%
AMERICAN FINANCIAL RESOURCES, INC. $1,000,000 $2,400,000 140.0% 0.5%
BROKER SOLUTIONS, INC. $3,175,000 $2,165,000 -31.8% 0.4%
Carrington Mortgage Services, LLC $680,000 $1,765,000 159.6% 0.3%
GUILD MORTGAGE COMPANY $2,985,000 $1,625,000 -45.6% 0.3%
Trustmark National Bank $1,710,000 $1,605,000 -6.1% 0.3%
ZILLOW HOME LOANS, LLC $165,000 $1,285,000 678.8% 0.3%
Ixonia Bank $5,625,000 $1,200,000 -78.7% 0.2%
Plains Commerce Bank $1,175,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $450,000 $1,160,000 157.8% 0.2%
MILEND, INC. $450,000 $1,135,000 152.2% 0.2%
Bank of England $460,000 $1,125,000 144.6% 0.2%
HOMESTAR FINANCIAL CORPORATION $535,000 $1,105,000 106.5% 0.2%
CCB Community Bank $250,000 $1,095,000 338.0% 0.2%
U.S. Bank $790,000 $985,000 24.7% 0.2%
Flagstar Bank, FSB $2,220,000 $960,000 -56.8% 0.2%
Discover Bank $460,000 $910,000 97.8% 0.2%
MUTUAL OF OMAHA MORTGAGE, INC. $600,000 $860,000 43.3% 0.2%
Barrington Bank & Trust Company, N.A. $1,495,000 $855,000 -42.8% 0.2%
PREMIA MORTGAGE, LLC $115,000 $845,000 634.8% 0.2%
TOWNE MORTGAGE COMPANY $715,000 $805,000 12.6% 0.2%
LENDINGHOME FUNDING CORPORATION $795,000 n/a 0.2%
South State Bank $1,430,000 $780,000 -45.5% 0.2%
EvaBank $770,000 n/a 0.2%
NBKC BANK $355,000 $765,000 115.5% 0.1%
Citizens Bank $1,045,000 $745,000 -28.7% 0.1%
MORTGAGE SOLUTIONS OF COLORADO, LLC $625,000 $715,000 14.4% 0.1%
BMO Harris Bank $700,000 n/a 0.1%
Armed Forces Bank $125,000 $670,000 436.0% 0.1%
PENTAGON FEDERAL CREDIT UNION $1,550,000 $655,000 -57.7% 0.1%
PHH Mortgage Corporation $205,000 $655,000 219.5% 0.1%
Southern States Bank $3,575,000 $655,000 -81.7% 0.1%
Truist $815,000 $645,000 -20.9% 0.1%
PLANET HOME LENDING, LLC $580,000 $635,000 9.5% 0.1%
GMFS LLC $1,255,000 $610,000 -51.4% 0.1%
CREDIT HUMAN FEDERAL CREDIT UNION $480,000 $575,000 19.8% 0.1%
Bank of America $665,000 $570,000 -14.3% 0.1%
The Citizens Bank $570,000 n/a 0.1%
DHI MORTGAGE COMPANY, LTD. $520,000 n/a 0.1%
FIRST COMMERCE CREDIT UNION $235,000 $515,000 119.1% 0.1%
CHURCHILL MORTGAGE CORPORATION $935,000 $510,000 -45.5% 0.1%
Ally Bank $330,000 $505,000 53.0% 0.1%
Innovations Federal Credit Union $505,000 n/a 0.1%
Nations Lending Corporation $2,250,000 $505,000 -77.6% 0.1%
Magnolia Bank $205,000 $485,000 136.6% 0.1%
Prosperity Home Mortgage, LLC $480,000 n/a 0.1%
THRIVE MORTGAGE, LLC $245,000 $475,000 93.9% 0.1%
Alabama One Credit Union $470,000 n/a 0.1%
Figure Lending LLC $280,000 $465,000 66.1% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $715,000 $460,000 -35.7% 0.1%
LAKEVIEW LOAN SERVICING, LLC $2,415,000 $450,000 -81.4% 0.1%
University Bank $450,000 n/a 0.1%
FIRST COMMUNITY MORTGAGE, INC. $305,000 $440,000 44.3% 0.1%
A&D Mortgage LLC $435,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $430,000 n/a 0.1%
First National Bank of America $425,000 n/a 0.1%
GENEVA FINANCIAL, LLC $85,000 $425,000 400.0% 0.1%
SECURITYNATIONAL MORTGAGE COMPANY $425,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $115,000 $420,000 265.2% 0.1%
ASCEND FEDERAL CREDIT UNION $565,000 $415,000 -26.5% 0.1%
CIS Financial Services, Inc. $105,000 $410,000 290.5% 0.1%
SUPERIOR CHOICE $410,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $390,000 n/a 0.1%
TJC Mortgage, Inc. $530,000 $385,000 -27.4% 0.1%
Assurance Financial Group, L.L.C. $315,000 $375,000 19.0% 0.1%
Community First National Bank $235,000 $375,000 59.6% 0.1%
AMERICA'S FIRST $350,000 n/a 0.1%
First South Farm Credit, ACA $1,115,000 $345,000 -69.1% 0.1%
Paramount Residential Mortgage Group, Inc. $135,000 $345,000 155.6% 0.1%
Presidential Bank, FSB $345,000 n/a 0.1%
THE MORTGAGE FIRM, INC. $610,000 $345,000 -43.4% 0.1%
Fifth Third Bank $340,000 n/a 0.1%
INTERCAP LENDING INC. $340,000 n/a 0.1%
LOANPAL, LLC $335,000 n/a 0.1%
TEXAS TECH $335,000 n/a 0.1%
HOMEXPRESS MORTGAGE CORP. $325,000 n/a 0.1%
The Federal Savings Bank $1,250,000 $315,000 -74.8% 0.1%
HOMESTEAD FUNDING CORP. $325,000 $305,000 -6.2% 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $305,000 n/a 0.1%
AMERICAN BANCSHARES MORTGAGE $295,000 n/a 0.1%
Capital City Home Loans, LLC $295,000 n/a 0.1%
The Hometown Bank of Alabama $295,000 n/a 0.1%
CLEARPATH LENDING $590,000 $285,000 -51.7% 0.1%
NATIONS RELIABLE LENDING, LLC $285,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $535,000 $280,000 -47.7% 0.1%
UNITED $275,000 n/a 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $525,000 $265,000 -49.5% 0.1%
Equity Prime Mortgage LLC $360,000 $265,000 -26.4% 0.1%
TRIAD FINANCIAL SERVICES, INC. $1,440,000 $250,000 -82.6% 0.0%
Peoples Bank $245,000 $245,000 0.0% 0.0%
SUMMIT FUNDING, INC. $245,000 n/a 0.0%
POLARIS HOME FUNDING CORP. $235,000 n/a 0.0%
Waterstone Mortgage Corporation $565,000 $235,000 -58.4% 0.0%
Colonial Savings, F.A. $205,000 $225,000 9.8% 0.0%
Heritage Bank $225,000 n/a 0.0%
Suncoast Credit Union $225,000 n/a 0.0%
DAS Acquisition Company, LLC $95,000 $215,000 126.3% 0.0%
LEGEND LENDING CORPORATION $215,000 n/a 0.0%
Mid-Continent Funding, Inc. $645,000 $215,000 -66.7% 0.0%
AMERICAN FINANCING CORPORATION $2,930,000 $210,000 -92.8% 0.0%
GERSHMAN INVESTMENT CORP. $210,000 n/a 0.0%
TOTAL MORTGAGE SERVICES, LLC $205,000 n/a 0.0%
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. $195,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $195,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $195,000 n/a 0.0%
FAIRWINDS CREDIT UNION $185,000 n/a 0.0%
Flint Community Bank $175,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $735,000 $175,000 -76.2% 0.0%
MIDLAND MORTGAGE CORPORATION $175,000 n/a 0.0%
Hamilton Mortgage Corporation $3,410,000 $170,000 -95.0% 0.0%
Coastal Community Bank $165,000 n/a 0.0%
EMM LOANS LLC $475,000 $165,000 -65.3% 0.0%
Gulf Winds Credit Union $165,000 n/a 0.0%
REDSTONE Federal Credit Union $415,000 $160,000 -61.4% 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $155,000 n/a 0.0%
NFM, INC. $155,000 n/a 0.0%
SWBC MORTGAGE CORPORATION $155,000 n/a 0.0%
The Central Trust Bank $1,370,000 $155,000 -88.7% 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $155,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $55,000 $145,000 163.6% 0.0%
Stride Bank $145,000 n/a 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $135,000 n/a 0.0%
Civista Bank $135,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $135,000 n/a 0.0%
Citadel Servicing Corporation $125,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $910,000 $125,000 -86.3% 0.0%
United Community Bank $120,000 n/a 0.0%
KELLER MORTGAGE, LLC $115,000 n/a 0.0%
SPRING EQ, LLC $170,000 $90,000 -47.1% 0.0%
Dime Bank $85,000 n/a 0.0%
Service Federal Credit Union $85,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $85,000 n/a 0.0%
AUBURN UNIVERSITY CREDIT UNION $65,000 n/a 0.0%
CSL Financial, LLC $75,000 $65,000 -13.3% 0.0%
Guardian Credit Union $85,000 $65,000 -23.5% 0.0%
PROPONENT Federal Credit Union $65,000 n/a 0.0%
Bank of Early $35,000 n/a 0.0%
Connexus Credit Union $35,000 n/a 0.0%
CITIZENS EQUITY FIRST $15,000 n/a 0.0%

DOTHAN's top lender by overall market share is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, with 5.9% market share. In second place, with 5.9%, is Mortgage Research Center, LLC, having originated $29,905,000 in loans. In third place, with 5.5%, is QUICKEN LOANS, LLC, having originated $28,150,000 in loans. In fourth place, with 4.1%, is Ameris Bank, having originated $20,995,000 in loans. In fifth place, with 3.8%, is INTERLINC MORTGAGE SERVICES, LLC, having originated $19,375,000 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%) $201,742 (8.9%) 0.59 827
2018-02-01 $159,900 (8.6%) $200,247 (7.0%) 0.58 867
2018-03-01 $159,900 (3.9%) $198,204 (1.7%) 0.56 890
2018-04-01 $164,500 (6.2%) $200,278 (3.3%) 0.56 883
2018-05-01 $164,575 (5.6%) $199,446 (2.8%) 0.55 941
2018-06-01 $164,900 (4.9%) $205,827 (5.6%) 0.55 910
2018-07-01 $169,900 (8.2%) $209,993 (7.5%) 0.57 878
2018-08-01 $164,625 (3.5%) $207,771 (6.3%) 0.55 850
2018-09-01 $165,000 (3.5%) $207,866 (6.2%) 0.55 839
2018-10-01 $164,788 (3.4%) $209,981 (6.2%) 0.56 811
2018-11-01 $163,950 (3.0%) $214,561 (8.8%) 0.56 790
2018-12-01 $169,000 (7.6%) $220,128 (10.7%) 0.58 736
2019-01-01 $177,400 (10.9%) $222,884 (10.5%) 0.61 705
2019-02-01 $179,950 (12.5%) $224,256 (12.0%) 0.61 690
2019-03-01 $184,529 (15.4%) $239,331 (20.8%) 0.60 655
2019-04-01 $186,429 (13.3%) $253,671 (26.7%) 0.59 636
2019-05-01 $185,800 (12.9%) $250,300 (25.5%) 0.58 638
2019-06-01 $190,000 (15.2%) $248,308 (20.6%) 0.59 656
2019-07-01 $189,700 (11.7%) $248,779 (18.5%) 0.59 658
2019-08-01 $188,191 (14.3%) $248,613 (19.7%) 0.60 624
2019-09-01 $186,227 (12.9%) $243,573 (17.2%) 0.60 618
2019-10-01 $185,068 (12.3%) $240,652 (14.6%) 0.60 613
2019-11-01 $189,900 (15.8%) $243,313 (13.4%) 0.62 590
2019-12-01 $191,375 (13.2%) $244,874 (11.2%) 0.64 579
2020-01-01 $194,400 (9.6%) $253,932 (13.9%) 0.65 546
2020-02-01 $192,900 (7.2%) $247,267 (10.3%) 0.63 533
2020-03-01 $198,500 (7.6%) $251,500 (5.1%) 0.62 508
2020-04-01 $196,850 (5.6%) $245,288 (-3.3%) 0.62 499
2020-05-01 $196,700 (5.9%) $259,474 (3.7%) 0.60 446
2020-06-01 $199,600 (5.1%) $267,376 (7.7%) 0.59 414
2020-07-01 $208,675 (10.0%) $267,281 (7.4%) 0.60 411
2020-08-01 $218,450 (16.1%) $274,961 (10.6%) 0.63 390
2020-09-01 $206,950 (11.1%) $268,280 (10.1%) 0.59 339
2020-10-01 $206,450 (11.6%) $268,092 (11.4%) 0.59 350
2020-11-01 $204,575 (7.7%) $277,188 (13.9%) 0.60 315
2020-12-01 $199,650 (4.3%) $268,551 (9.7%) 0.59 318
2021-01-01 $194,900 (0.3%) $269,701 (6.2%) 0.58 278
2021-02-01 $191,600 (-0.7%) $272,278 (10.1%) 0.56 257
2021-03-01 $189,900 (-4.3%) $287,346 (14.3%) 0.54 228
2021-04-01 $218,225 (10.9%) $310,400 (26.5%) 0.59 206
2021-05-01 $227,000 (15.4%) $321,687 (24.0%) 0.60 171
2021-06-01 $208,450 (4.4%) $290,253 (8.6%) 0.55 184
2021-07-01 $199,900 (-4.2%) $277,056 (3.7%) 0.53 206
2021-08-01 $203,350 (-6.9%) $265,039 (-3.6%) 0.54 240
2021-09-01 $219,900 (6.3%) $272,171 (1.5%) 0.59 264
2021-10-01 $219,900 (6.5%) $284,084 (6.0%) 0.59 253
2021-11-01 $206,725 (1.1%) $279,664 (0.9%) 0.55 234
2021-12-01 $217,450 (8.9%) $284,693 (6.0%) 0.59 224
2022-01-01 $224,900 (15.4%) $292,213 (8.4%) 0.61 199
2022-02-01 $215,000 (12.2%) $296,946 (9.1%) 0.56 199
2022-03-01 $246,049 (29.6%) $307,096 (6.9%) 0.62 172
2022-04-01 $253,699 (16.3%) $305,749 (-1.5%) 0.60 193
2022-05-01 $239,900 (5.7%) $304,802 (-5.3%) 0.55 203
2022-06-01 $252,500 (21.1%) $306,842 (5.7%) 0.56 231
2022-07-01 $259,725 (29.9%) $309,251 (11.6%) 0.59 254
2022-08-01 $265,850 (30.7%) $309,619 (16.8%) 0.61 274
2022-09-01 $256,025 (16.4%) $309,142 (13.6%) 0.60 293
2022-10-01 $257,900 (17.3%) $298,941 (5.2%) 0.61 305
2022-11-01 $248,450 (20.2%) $293,447 (4.9%) 0.60 313
2022-12-01 $247,700 (13.9%) $289,499 (1.7%) 0.61 307
2023-01-01 $234,850 (4.4%) $282,061 (-3.5%) 0.58 280
2023-02-01 $258,800 (20.4%) $285,911 (-3.7%) 0.62 234
2023-03-01 $261,800 (6.4%) $289,062 (-5.9%) 0.62 246
2023-04-01 $275,000 (8.4%) $309,498 (1.2%) 0.64 249
2023-05-01 $253,725 (5.8%) $312,867 (2.7%) 0.58 251
2023-06-01 $265,700 (5.2%) $316,322 (3.1%) 0.60 252
2023-07-01 $259,900 (0.1%) $310,921 (0.5%) 0.59 256
2023-08-01 $263,175 (-1.0%) $320,327 (3.5%) 0.60 289
2023-09-01 $269,900 (5.4%) $320,510 (3.7%) 0.63 313
2023-10-01 $268,225 (4.0%) $318,591 (6.6%) 0.63 339
2023-11-01 $263,725 (6.2%) $312,021 (6.3%) 0.63 349
2023-12-01 $264,999 (7.0%) $318,878 (10.2%) 0.65 345
2024-01-01 $264,075 (12.4%) $313,434 (11.1%) 0.64 323
2024-02-01 $264,375 (2.2%) $316,320 (10.6%) 0.64 324
2024-03-01 $260,000 (-0.7%) $319,877 (10.7%) 0.61 330
2024-04-01 $277,450 (0.9%) $346,568 (12.0%) 0.65 333
2024-05-01 $287,400 (13.3%) $342,912 (9.6%) 0.65 342
2024-06-01 $282,450 (6.3%) $351,787 (11.2%) 0.63 370
2024-07-01 $288,400 (11.0%) $357,970 (15.1%) 0.66 418
2024-08-01 $289,400 (10.0%) $357,200 (11.5%) 0.67 450
2024-09-01 $273,900 (1.5%) $354,308 (10.6%) 0.64 451
2024-10-01 $272,150 (1.5%) $353,219 (10.9%) 0.64 435
2024-11-01 $269,000 (2.0%) $344,231 (10.3%) 0.65 474
DOTHAN's median listing price for 2024-11-01 was $269,000, a difference of $5,275 (2.0%) versus the prior year and $-3,150 versus the prior month.

DOTHAN's median listing price comes in at 65% of the national average.

DOTHAN's average listing price for 2024-11-01 was $344,231, a difference of $32,210 (10.3%) versus the prior year and $-8,988 versus the prior month.

For the 2024-11-01 period, DOTHAN had 474 MLS listings, a difference of 39 listings (9%) versus the prior month and 125 listings (36%) 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 77 days 1,856 sqft
2018-04-01 75 days 1,882 sqft
2018-05-01 72 days 1,880 sqft
2018-06-01 74 days 1,900 sqft
2018-07-01 77 days 1,902 sqft
2018-08-01 84 days 1,890 sqft
2018-09-01 87 days 1,883 sqft
2018-10-01 92 days 1,899 sqft
2018-11-01 94 days 1,891 sqft
2018-12-01 99 days 1,940 sqft
2019-01-01 103 days 1,976 sqft
2019-02-01 96 days 1,975 sqft
2019-03-01 84 days 2,008 sqft
2019-04-01 68 days 2,047 sqft
2019-05-01 67 days 1,992 sqft
2019-06-01 65 days 2,012 sqft
2019-07-01 67 days 1,992 sqft
2019-08-01 74 days 1,974 sqft
2019-09-01 77 days 1,964 sqft
2019-10-01 80 days 1,967 sqft
2019-11-01 89 days 1,991 sqft
2019-12-01 95 days 2,011 sqft
2020-01-01 97 days 2,033 sqft
2020-02-01 85 days 2,007 sqft
2020-03-01 67 days 2,044 sqft
2020-04-01 67 days 2,018 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 2,039 sqft
2020-10-01 56 days 2,059 sqft
2020-11-01 67 days 2,077 sqft
2020-12-01 72 days 2,051 sqft
2021-01-01 67 days 2,022 sqft
2021-02-01 64 days 1,969 sqft
2021-03-01 50 days 1,943 sqft
2021-04-01 38 days 2,083 sqft
2021-05-01 36 days 2,089 sqft
2021-06-01 26 days 2,047 sqft
2021-07-01 28 days 1,948 sqft
2021-08-01 32 days 1,936 sqft
2021-09-01 36 days 1,956 sqft
2021-10-01 48 days 1,927 sqft
2021-11-01 59 days 1,840 sqft
2021-12-01 67 days 1,894 sqft
2022-01-01 59 days 1,843 sqft
2022-02-01 40 days 1,854 sqft
2022-03-01 48 days 1,911 sqft
2022-04-01 34 days 2,001 sqft
2022-05-01 38 days 1,922 sqft
2022-06-01 35 days 2,004 sqft
2022-07-01 37 days 2,063 sqft
2022-08-01 40 days 2,077 sqft
2022-09-01 52 days 2,067 sqft
2022-10-01 54 days 2,054 sqft
2022-11-01 62 days 1,982 sqft
2022-12-01 68 days 1,999 sqft
2023-01-01 73 days 2,021 sqft
2023-02-01 71 days 2,113 sqft
2023-03-01 38 days 2,106 sqft
2023-04-01 43 days 2,156 sqft
2023-05-01 45 days 2,039 sqft
2023-06-01 46 days 2,031 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
2023-11-01 58 days 1,947 sqft
2023-12-01 61 days 1,925 sqft
2024-01-01 69 days 1,870 sqft
2024-02-01 57 days 1,915 sqft
2024-03-01 53 days 1,905 sqft
2024-04-01 57 days 1,922 sqft
2024-05-01 52 days 1,939 sqft
2024-06-01 47 days 1,941 sqft
2024-07-01 47 days 1,952 sqft
2024-08-01 51 days 1,941 sqft
2024-09-01 58 days 1,919 sqft
2024-10-01 67 days 1,905 sqft
2024-11-01 65 days 1,916 sqft
DOTHAN's median listing age (time on market) for 2024-11-01 was 65 days. This is 13% longer than the same period one year ago.

DOTHAN's median square footage for active listings during the 2024-11-01 period was 1,916 sqft. One year prior, the average listing was 1,947 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 HUD Metro FMR Area $600 $610 $740 $990 $1,120
36302 Dothan, AL HUD Metro FMR Area $630 $640 $780 $1,040 $1,190
36303 Dothan, AL HUD Metro FMR Area $630 $630 $770 $1,030 $1,170
36304 Dothan, AL HUD Metro FMR Area $630 $640 $780 $1,040 $1,190
36305 Dothan, AL HUD Metro FMR Area $850 $850 $1,040 $1,390 $1,580
36312 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36313 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36314 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36316 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36318 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36319 Dothan, AL HUD Metro FMR Area $660 $670 $840 $1,130 $1,210
36320 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36321 Dothan, AL HUD Metro FMR Area $630 $640 $780 $1,040 $1,190
36322 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36340 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36343 Dothan, AL HUD Metro FMR Area $620 $620 $760 $1,010 $1,150
36344 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36345 Dothan, AL HUD Metro FMR Area $620 $620 $810 $1,080 $1,100
36350 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36352 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36370 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36375 Dothan, AL HUD Metro FMR Area $620 $620 $760 $1,010 $1,150
36376 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36442 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36453 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36467 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120
36477 Dothan, AL HUD Metro FMR Area $600 $610 $740 $990 $1,120

2022 Average & Median Rent Data Statistics
DOTHAN, AL average 1BR rent: $626, median: $610
DOTHAN, AL average 2BR rent: $764, median: $740
DOTHAN, AL average 3BR rent: $1,022, median: $990

DOTHAN, AL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,721 $361,045,000 $209,788
Other 329 $24,135,000 $73,359
Refi 319 $48,135,000 $150,893
Cash Out Refi 294 $59,940,000 $203,878
Home Improvement 240 $16,200,000 $67,500
NA 5 $1,085,000 $217,000

Dothan's most frequently cited loan purpose was Home Purchase, with 1,721 originations. The 2nd most popular reason was Other, with 329 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 933 $192,475,000 $206,297
7-8% 616 $115,120,000 $186,883
Over 8% 600 $58,880,000 $98,133
5-6% 392 $95,190,000 $242,832
<2.5% 40 $2,720,000 $68,000
4-5% 37 $7,905,000 $213,649
3-4% 11 $1,405,000 $127,727
2.5-3% 3 $435,000 $145,000

During 2023, Dothan's most frequently originated rate bucket was 6-7%, with 933 originations.

Loan Sizing (DOTHAN, AL MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 1,000 $52,380,000 $52,380
$100k-200k 928 $135,140,000 $145,625
$200k-400k 834 $227,480,000 $272,758
$400k-600k 118 $54,850,000 $464,831
$600k-1000k 18 $12,790,000 $710,556
$Over $1MM 10 $27,900,000 $2,790,000

DOTHAN's loan sizing saw the bucket of loans from $100,000 or less with 1,000 originations, totaling $52,380,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,278 $286,820,000 $224,429
60-80% 452 $93,690,000 $207,279
20-40% 312 $28,870,000 $92,532
Under 20% 306 $11,760,000 $38,431
40-60% 191 $24,845,000 $130,079
Over 100% 74 $21,470,000 $290,135

DOTHAN's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,278 originations, totaling $286,820,000 in origination value.