Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Morgan County, Alabama
Every institution that decided a 1–4 unit mortgage application in Morgan County, home to Decatur, between 2023 and 2025: 9,861 applications, 7,223 loans actually funded, across 8 kinds of borrowing.
Morgan County at a glance
9,861Applications decided
2023–2025
7,223Loans funded
73% of decisions
31Census tracts
9 ZIP codes
123,742People
ACS 2023
What the data shows
The typical purchase mortgage here is $225K.
Lending by loan type in Morgan County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 82.4% | 4,915 | $225K | 95% | 254 |
| Home improvement loans | 68.4% | 1,083 | $55K | 87% | 66 |
| Cash-out refinance | 66.6% | 1,571 | $145K | 94% | 135 |
| Refinance | 77.5% | 1,368 | $145K | 92% | 121 |
| Investment property purchase | 88.1% | 514 | $145K | 98% | 110 |
| Investment cash-out refinance | 76.8% | 112 | $135K | 95% | 42 |
| Investment refinance | 88.8% | 206 | $105K | 94% | 40 |
| Investment home improvement | 66.3% | 92 | $85K | 89% | 26 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.