Top Mortgage Lenders in the Dothan, AL area

Which mortgage lender in the Dothan, AL area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Dothan, AL area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Dothan, AL area is Troy Bank and Trust, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.15%. This means that Troy Bank and Trust provided a -0.15% lower interest rate for its customers than other lenders in Dothan, AL for a similar set of borrowers. Troy Bank and Trust has a market share of 5.9%. On the other hand, the most popular lender in the market is Renasant Bank, with a market share of 14.4%. Renasant Bank is also a relatively cheap lender, with a “Rate Difference” of -0.13% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Dothan, AL area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Dothan, AL is Troy Bank and Trust. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Quicken Loans. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Renasant Bank. The cheapest VA mortgage provider is Navy Federal Credit Union. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Troy Bank and Trust 1, -0.15% 5.91%
Renasant Bank 2, -0.13% 14.43%
Navy Federal Credit Union 3, -0.12% 5.08%
Tyndall Federal Credit Union 4, -0.07% 2.29%
Pennymac Loan Services 5, -0.04% 1.50%
Triumph Bank 6, -0.04% 1.72%
Avadian Credit Union 7, -0.03% 3.57%
Mortgage Investors Group 8, -0.02% 2.12%
ServisFirst Bank 9, -0.02% 1.77%
Ameris Bank 10, 0.00% 2.96%
Usaa Federal Savings Bank 11, 0.02% 5.56%
Wells Fargo Bank 12, 0.03% 3.84%
InterLinc Mortgage Services 13, 0.03% 8.69%
Hamilton Mortgage Corporation 14, 0.03% 1.46%
LoanDepot 15, 0.04% 1.90%
Guaranteed Rate Inc 16, 0.04% 1.90%
E Mortgage Management 17, 0.04% 1.63%
Mortgage Research Center 18, 0.07% 1.37%
Quicken Loans 19, 0.08% 11.52%
Hometown Lenders INC 20, 0.08% 6.22%
Fairway Independent Mort Corp 21, 0.09% 8.87%
Regions Bank 22, 0.11% 5.69%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Troy Bank and Trust 1, -0.14% 5.94%
Renasant Bank 2, -0.14% 12.15%
Navy Federal Credit Union 3, -0.13% 6.81%
Tyndall Federal Credit Union 4, -0.08% 2.40%
Avadian Credit Union 5, -0.06% 3.07%
Triumph Bank 6, -0.03% 1.47%
ServisFirst Bank 7, -0.02% 2.07%
Mortgage Investors Group 8, -0.02% 1.40%
Ameris Bank 9, -0.00% 2.94%
Pennymac Loan Services 10, 0.01% 0.60%
Wells Fargo Bank 11, 0.02% 4.21%
Regions Bank 12, 0.02% 4.27%
Usaa Federal Savings Bank 13, 0.03% 6.94%
Hamilton Mortgage Corporation 14, 0.04% 2.07%
InterLinc Mortgage Services 15, 0.04% 12.15%
LoanDepot 16, 0.04% 0.40%
E Mortgage Management 17, 0.04% 2.07%
Guaranteed Rate Inc 18, 0.05% 2.40%
Mortgage Research Center 19, 0.08% 1.74%
Hometown Lenders INC 20, 0.11% 7.94%
Quicken Loans 21, 0.11% 5.47%
Fairway Independent Mort Corp 22, 0.11% 11.48%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Troy Bank and Trust 1, -0.16% 5.86%
Renasant Bank 2, -0.10% 18.88%
Pennymac Loan Services 3, -0.06% 3.26%
Triumph Bank 4, -0.05% 2.21%
Tyndall Federal Credit Union 5, -0.05% 2.08%
Usaa Federal Savings Bank 6, -0.04% 2.86%
Navy Federal Credit Union 7, -0.04% 1.69%
Mortgage Investors Group 8, -0.03% 3.52%
Hometown Lenders INC 9, -0.02% 2.86%
Fairway Independent Mort Corp 10, -0.01% 3.78%
ServisFirst Bank 11, -0.00% 1.17%
Avadian Credit Union 12, -0.00% 4.56%
Guaranteed Rate Inc 13, 0.00% 0.91%
InterLinc Mortgage Services 14, 0.00% 1.95%
Ameris Bank 15, 0.01% 2.99%
Mortgage Research Center 16, 0.02% 0.65%
LoanDepot 17, 0.03% 4.82%
E Mortgage Management 18, 0.04% 0.78%
Hamilton Mortgage Corporation 19, 0.04% 0.26%
Wells Fargo Bank 20, 0.05% 3.12%
Quicken Loans 21, 0.07% 23.31%
Regions Bank 22, 0.19% 8.46%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Troy Bank and Trust 1, -0.15% 8.79%
Renasant Bank 2, -0.13% 17.91%
Tyndall Federal Credit Union 3, -0.08% 3.48%
Triumph Bank 4, -0.03% 1.99%
Mortgage Investors Group 5, -0.03% 3.23%
Avadian Credit Union 6, -0.02% 5.39%
ServisFirst Bank 7, -0.02% 2.99%
Usaa Federal Savings Bank 8, 0.02% 2.07%
Ameris Bank 9, 0.02% 3.15%
Hometown Lenders INC 10, 0.02% 2.90%
Wells Fargo Bank 11, 0.03% 5.80%
Pennymac Loan Services 12, 0.03% 0.17%
Guaranteed Rate Inc 13, 0.03% 0.83%
InterLinc Mortgage Services 14, 0.03% 4.98%
LoanDepot 15, 0.03% 1.16%
Hamilton Mortgage Corporation 16, 0.04% 2.24%
Fairway Independent Mort Corp 17, 0.04% 7.71%
E Mortgage Management 18, 0.05% 1.00%
Mortgage Research Center 19, 0.08% 2.57%
Quicken Loans 20, 0.14% 10.78%
Regions Bank 21, 0.14% 8.71%
Navy Federal Credit Union 22, 0.14% 2.16%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Troy Bank and Trust 1, -0.14% 10.35%
Renasant Bank 2, -0.13% 14.14%
Tyndall Federal Credit Union 3, -0.10% 3.79%
Avadian Credit Union 4, -0.04% 4.81%
ServisFirst Bank 5, -0.02% 3.94%
Mortgage Investors Group 6, -0.02% 1.90%
Triumph Bank 7, 0.00% 1.46%
Wells Fargo Bank 8, 0.02% 6.85%
Ameris Bank 9, 0.02% 2.77%
LoanDepot 10, 0.03% 0.29%
Usaa Federal Savings Bank 11, 0.03% 2.92%
InterLinc Mortgage Services 12, 0.03% 8.02%
Guaranteed Rate Inc 13, 0.04% 1.17%
Hamilton Mortgage Corporation 14, 0.04% 3.64%
Pennymac Loan Services 15, 0.04% 0.15%
E Mortgage Management 16, 0.05% 1.31%
Hometown Lenders INC 17, 0.05% 3.21%
Regions Bank 18, 0.06% 5.83%
Fairway Independent Mort Corp 19, 0.06% 10.50%
Mortgage Research Center 20, 0.09% 3.79%
Navy Federal Credit Union 21, 0.17% 3.35%
Quicken Loans 22, 0.18% 5.83%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Troy Bank and Trust 1, -0.18% 6.73%
Renasant Bank 2, -0.13% 22.88%
Triumph Bank 3, -0.06% 2.69%
Tyndall Federal Credit Union 4, -0.05% 3.08%
Mortgage Investors Group 5, -0.03% 5.00%
Fairway Independent Mort Corp 6, -0.03% 4.04%
Usaa Federal Savings Bank 7, -0.02% 0.96%
Hometown Lenders INC 8, -0.02% 2.50%
Avadian Credit Union 9, -0.01% 6.15%
ServisFirst Bank 10, -0.01% 1.73%
Pennymac Loan Services 11, 0.01% 0.19%
Guaranteed Rate Inc 12, 0.01% 0.38%
Navy Federal Credit Union 13, 0.01% 0.58%
Ameris Bank 14, 0.02% 3.65%
Mortgage Research Center 15, 0.02% 0.96%
InterLinc Mortgage Services 16, 0.02% 0.96%
LoanDepot 17, 0.02% 2.31%
Hamilton Mortgage Corporation 18, 0.04% 0.38%
Wells Fargo Bank 19, 0.05% 4.42%
E Mortgage Management 20, 0.06% 0.58%
Quicken Loans 21, 0.12% 17.31%
Regions Bank 22, 0.19% 12.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Renasant Bank 1, -0.20% 11.63%
Avadian Credit Union 2, -0.09% 2.54%
Regions Bank 3, -0.08% 3.17%
Triumph Bank 4, -0.07% 1.06%
Ameris Bank 5, -0.04% 5.50%
Mortgage Investors Group 6, -0.03% 0.63%
Quicken Loans 7, -0.02% 16.49%
Navy Federal Credit Union 8, -0.01% 0.63%
Pennymac Loan Services 9, -0.01% 0.85%
Tyndall Federal Credit Union 10, -0.01% 0.63%
E Mortgage Management 11, -0.00% 2.54%
ServisFirst Bank 12, -0.00% 0.42%
Hamilton Mortgage Corporation 13, 0.01% 0.42%
InterLinc Mortgage Services 14, 0.01% 19.87%
Wells Fargo Bank 15, 0.01% 0.21%
LoanDepot 16, 0.05% 2.54%
Guaranteed Rate Inc 17, 0.09% 2.75%
Fairway Independent Mort Corp 18, 0.10% 10.78%
Hometown Lenders INC 19, 0.10% 17.34%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Renasant Bank 1, -0.22% 12.66%
Avadian Credit Union 2, -0.11% 2.78%
Regions Bank 3, -0.09% 3.80%
Triumph Bank 4, -0.07% 1.27%
Ameris Bank 5, -0.04% 5.57%
Mortgage Investors Group 6, -0.03% 0.76%
Pennymac Loan Services 7, -0.02% 0.51%
Navy Federal Credit Union 8, -0.02% 0.76%
Tyndall Federal Credit Union 9, -0.01% 0.76%
E Mortgage Management 10, -0.01% 2.78%
ServisFirst Bank 11, -0.01% 0.51%
Hamilton Mortgage Corporation 12, 0.00% 0.51%
InterLinc Mortgage Services 13, 0.01% 23.54%
Wells Fargo Bank 14, 0.01% 0.25%
Quicken Loans 15, 0.02% 7.09%
LoanDepot 16, 0.03% 1.01%
Fairway Independent Mort Corp 17, 0.09% 12.41%
Guaranteed Rate Inc 18, 0.09% 3.04%
Hometown Lenders INC 19, 0.10% 20.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.02% 64.10%
Ameris Bank 2, -0.01% 5.13%
Hometown Lenders INC 3, -0.01% 3.85%
Renasant Bank 4, 0.02% 6.41%
Pennymac Loan Services 5, 0.03% 2.56%
E Mortgage Management 6, 0.03% 1.28%
InterLinc Mortgage Services 7, 0.03% 1.28%
Guaranteed Rate Inc 8, 0.05% 1.28%
Avadian Credit Union 9, 0.05% 1.28%
Fairway Independent Mort Corp 10, 0.06% 2.56%
LoanDepot 11, 0.08% 10.26%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 33.33%
Wells Fargo Bank 2, -0.00% 33.33%
Regions Bank 3, 0.00% 33.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 50.00%
Wells Fargo Bank 2, 0.00% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.20% 14.73%
Troy Bank and Trust 2, -0.11% 4.79%
Pennymac Loan Services 3, -0.05% 4.79%
Renasant Bank 4, -0.04% 9.59%
Triumph Bank 5, -0.03% 1.71%
Tyndall Federal Credit Union 6, -0.02% 1.20%
Guaranteed Rate Inc 7, 0.01% 3.42%
Mortgage Investors Group 8, 0.01% 1.03%
Avadian Credit Union 9, 0.01% 0.68%
Usaa Federal Savings Bank 10, 0.02% 17.29%
Regions Bank 11, 0.03% 1.37%
LoanDepot 12, 0.03% 2.91%
Ameris Bank 13, 0.03% 0.51%
ServisFirst Bank 14, 0.03% 0.34%
Hamilton Mortgage Corporation 15, 0.05% 0.68%
Wells Fargo Bank 16, 0.05% 2.57%
InterLinc Mortgage Services 17, 0.07% 7.36%
Hometown Lenders INC 18, 0.07% 4.11%
E Mortgage Management 19, 0.08% 2.23%
Quicken Loans 20, 0.09% 8.90%
Fairway Independent Mort Corp 21, 0.17% 9.76%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Navy Federal Credit Union 1, -0.22% 18.27%
Troy Bank and Trust 2, -0.12% 4.33%
Renasant Bank 3, -0.07% 8.41%
Triumph Bank 4, -0.02% 1.68%
Tyndall Federal Credit Union 5, -0.02% 1.68%
Mortgage Investors Group 6, 0.01% 1.20%
Guaranteed Rate Inc 7, 0.02% 3.85%
Pennymac Loan Services 8, 0.02% 1.44%
Avadian Credit Union 9, 0.02% 0.48%
Regions Bank 10, 0.03% 1.92%
Ameris Bank 11, 0.04% 0.72%
ServisFirst Bank 12, 0.04% 0.48%
Usaa Federal Savings Bank 13, 0.04% 20.19%
Hamilton Mortgage Corporation 14, 0.05% 0.96%
Wells Fargo Bank 15, 0.05% 3.61%
Quicken Loans 16, 0.05% 3.37%
E Mortgage Management 17, 0.09% 2.64%
InterLinc Mortgage Services 18, 0.09% 8.17%
Hometown Lenders INC 19, 0.11% 4.33%
Fairway Independent Mort Corp 20, 0.19% 12.26%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Troy Bank and Trust 1, -0.09% 5.95%
Pennymac Loan Services 2, -0.07% 13.10%
Navy Federal Credit Union 3, -0.06% 5.95%
Usaa Federal Savings Bank 4, -0.05% 10.12%
Hometown Lenders INC 5, -0.03% 3.57%
Triumph Bank 6, -0.03% 1.79%
InterLinc Mortgage Services 7, -0.02% 5.36%
Guaranteed Rate Inc 8, -0.02% 2.38%
Avadian Credit Union 9, -0.00% 1.19%
Fairway Independent Mort Corp 10, 0.01% 3.57%
Renasant Bank 11, 0.02% 12.50%
LoanDepot 12, 0.02% 10.12%
E Mortgage Management 13, 0.02% 1.19%
Mortgage Investors Group 14, 0.02% 0.60%
Quicken Loans 15, 0.10% 22.62%

* Data is compiled for the Dothan, AL commuting zone area, which comprises of counties of Coffee County, AL, Dale County, AL, Geneva County, AL, Henry County, AL, and Houston County, AL. This includes cities/towns/communities of Dothan, AL as well as Enterprise, AL, Rehobeth, AL, Ozark, AL, Cowarts, AL, Geneva, AL, Avon, AL, Enterprise, AL, Daleville, AL, Elba, AL, Pinckard, AL, Grimes, AL, Malvern, AL, Taylor, AL, Samson, AL, Kinsey, AL, Abbeville, AL, Haleburg, AL, Gordon, AL, Newton, AL, Kinston, AL, Columbia, AL, and Newville, AL. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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