Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Mobile County, Alabama
Every institution that decided a 1–4 unit mortgage application in Mobile County between 2023 and 2025: 28,611 applications, 19,838 loans actually funded, across 8 kinds of borrowing.
Mobile County at a glance
28,611Applications decided
2023–2025
19,838Loans funded
69% of decisions
135Census tracts
33 ZIP codes
413,162People
ACS 2023
What the data shows
The typical purchase mortgage here is $215K.
Investment home improvement is the hardest money to get here: lenders approved 52% of 263 applications.
Lending by loan type in Mobile County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 81.6% | 14,924 | $215K | 94% | 362 |
| Home improvement loans | 57.2% | 3,084 | $55K | 90% | 97 |
| Cash-out refinance | 59.7% | 4,489 | $135K | 93% | 205 |
| Refinance | 73.2% | 3,096 | $155K | 91% | 182 |
| Investment property purchase | 82.8% | 1,604 | $115K | 94% | 245 |
| Investment cash-out refinance | 70.0% | 520 | $115K | 88% | 117 |
| Investment refinance | 84.6% | 631 | $85K | 95% | 107 |
| Investment home improvement | 52.5% | 263 | $75K | 88% | 54 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.