Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Madison County, Alabama
Every institution that decided a 1–4 unit mortgage application in Madison County, home to Huntsville, between 2023 and 2025: 40,122 applications, 31,387 loans actually funded, across 8 kinds of borrowing.
Madison County at a glance
40,122Applications decided
2023–2025
31,387Loans funded
78% of decisions
95Census tracts
22 ZIP codes
397,135People
ACS 2023
What the data shows
Lenders approved 88.9% of home-purchase applications in Madison County, 4.7 points above the Alabama rate.
The typical purchase mortgage here is $295K.
Investment home improvement is the hardest money to get here: lenders approved 63% of 406 applications.
Lending by loan type in Madison County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 88.9% | 20,991 | $295K | 97% | 442 |
| Home improvement loans | 69.2% | 4,580 | $55K | 88% | 98 |
| Cash-out refinance | 69.3% | 5,375 | $165K | 95% | 222 |
| Refinance | 81.1% | 5,353 | $255K | 91% | 218 |
| Investment property purchase | 89.6% | 2,199 | $185K | 97% | 257 |
| Investment cash-out refinance | 69.0% | 481 | $135K | 93% | 117 |
| Investment refinance | 85.4% | 737 | $145K | 96% | 100 |
| Investment home improvement | 63.3% | 406 | $55K | 89% | 49 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.