Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Etowah County, Alabama
Every institution that decided a 1–4 unit mortgage application in Etowah County, home to Gadsden, between 2023 and 2025: 7,090 applications, 4,972 loans actually funded, across 8 kinds of borrowing.
Etowah County at a glance
7,090Applications decided
2023–2025
4,972Loans funded
70% of decisions
33Census tracts
9 ZIP codes
103,208People
ACS 2023
What the data shows
Lenders approved 80.3% of home-purchase applications in Etowah County, 3.8 points below the Alabama rate.
The typical purchase mortgage here is $185K.
Home improvement loans is the hardest money to get here: lenders approved 59% of 760 applications.
Lending by loan type in Etowah County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 80.3% | 3,815 | $185K | 92% | 221 |
| Home improvement loans | 59.3% | 760 | $55K | 86% | 51 |
| Cash-out refinance | 63.4% | 1,050 | $145K | 95% | 115 |
| Refinance | 77.6% | 867 | $155K | 92% | 103 |
| Investment property purchase | 89.6% | 298 | $115K | 94% | 88 |
| Investment cash-out refinance | 78.8% | 137 | $125K | 94% | 35 |
| Investment refinance | 95.7% | 117 | $95K | 98% | 28 |
| Investment home improvement | 76.1% | 46 | $65K | 94% | 17 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.