Top Mortgage Lenders in Dothan, AL

Which mortgage lender in the Dothan, AL area typically has the best rates? To help you narrow down where to shop for a mortgage, MortgageWaldo.com provides an objective and data driven ranking of mortgage lenders operating in the Dothan, AL area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.

Going by historical data, the best mortgage lender in the Dothan, AL area in terms of interest rate is Troy Bank and Trust, with an average “Rate Difference” of -0.15%. This means that, comparing similar borrowers, Troy Bank and Trust provided a -0.15% lower interest rate for its customers than other lenders in the area. Troy Bank and Trust has a market share of 5.9%. On the other hand, the most popular lender in the Dothan, AL area is Renasant Bank, with a larger market share of 14.4%. Renasant Bank is also a relatively cheap lender, with a “Rate Difference” of -0.13% compared to those of other lenders in this area.

Our detailed ranking of mortgage lenders in 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, going by historical data, 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 (above $548,250 or $822,375 depending on the area in 2021), 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. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.

Ranking of Mortgage Lenders in Dothan, AL

Mortgage Type:

Purchase/Refinance:

Lender Name	Rate Difference	Rate Rating	Market Share
Troy Bank and Trust	-0.15%	(4.0)	5.91%
Renasant Bank	-0.13%	(4.0)	14.43%
Navy Federal Credit Union	-0.12%	(4.0)	5.08%
Tyndall Federal Credit Union	-0.07%	(4.0)	2.29%
PennyMac Loan Services	-0.04%	(3.5)	1.50%
Triumph Bank	-0.04%	(3.5)	1.72%
Avadian Credit Union	-0.03%	(3.5)	3.57%
Mortgage Investors Group	-0.02%	(3.5)	2.12%
ServisFirst Bank	-0.02%	(3.5)	1.77%
Ameris Bank	0.00%	(3.5)	2.96%
USAA	0.02%	(3.5)	5.56%
Wells Fargo Bank	0.03%	(3.5)	3.84%
InterLinc Mortgage Services	0.03%	(3.5)	8.69%
Hamilton Mortgage Corporation	0.03%	(3.5)	1.46%
loanDepot	0.04%	(3.5)	1.90%
Guaranteed Rate	0.04%	(3.5)	1.90%
emmloans	0.04%	(3.5)	1.63%
Mortgage Research Center	0.07%	(3.0)	1.37%
Hometown Lenders	0.08%	(3.0)	6.22%
Quicken Loans	0.08%	(3.0)	11.52%
Fairway Independent Mortgage Corporation	0.09%	(3.0)	8.87%
Regions Bank	0.11%	(3.0)	5.69%

Lender Name	Rate Difference	Rate Rating	Market Share
Troy Bank and Trust	-0.14%	(4.0)	5.94%
Renasant Bank	-0.14%	(4.0)	12.15%
Navy Federal Credit Union	-0.13%	(4.0)	6.81%
Tyndall Federal Credit Union	-0.08%	(4.0)	2.40%
Avadian Credit Union	-0.06%	(4.0)	3.07%
Triumph Bank	-0.03%	(3.5)	1.47%
ServisFirst Bank	-0.02%	(3.5)	2.07%
Mortgage Investors Group	-0.02%	(3.5)	1.40%
Ameris Bank	-0.00%	(3.5)	2.94%
PennyMac Loan Services	0.01%	(3.5)	0.60%
Wells Fargo Bank	0.02%	(3.5)	4.21%
Regions Bank	0.02%	(3.5)	4.27%
USAA	0.03%	(3.5)	6.94%
Hamilton Mortgage Corporation	0.04%	(3.5)	2.07%
InterLinc Mortgage Services	0.04%	(3.5)	12.15%
loanDepot	0.04%	(3.5)	0.40%
emmloans	0.04%	(3.5)	2.07%
Guaranteed Rate	0.05%	(3.5)	2.40%
Mortgage Research Center	0.08%	(3.0)	1.74%
Hometown Lenders	0.11%	(3.0)	7.94%
Quicken Loans	0.11%	(3.0)	5.47%
Fairway Independent Mortgage Corporation	0.11%	(3.0)	11.48%

Lender Name	Rate Difference	Rate Rating	Market Share
Troy Bank and Trust	-0.16%	(4.5)	5.86%
Renasant Bank	-0.10%	(4.0)	18.88%
PennyMac Loan Services	-0.06%	(4.0)	3.26%
Triumph Bank	-0.05%	(4.0)	2.21%
Tyndall Federal Credit Union	-0.05%	(4.0)	2.08%
USAA	-0.04%	(3.5)	2.86%
Navy Federal Credit Union	-0.04%	(3.5)	1.69%
Mortgage Investors Group	-0.03%	(3.5)	3.52%
Hometown Lenders	-0.02%	(3.5)	2.86%
Fairway Independent Mortgage Corporation	-0.01%	(3.5)	3.78%
ServisFirst Bank	-0.01%	(3.5)	1.17%
Avadian Credit Union	-0.00%	(3.5)	4.56%
Guaranteed Rate	0.00%	(3.5)	0.91%
InterLinc Mortgage Services	0.00%	(3.5)	1.95%
Ameris Bank	0.01%	(3.5)	2.99%
Mortgage Research Center	0.02%	(3.5)	0.65%
loanDepot	0.03%	(3.5)	4.82%
emmloans	0.04%	(3.5)	0.78%
Hamilton Mortgage Corporation	0.04%	(3.5)	0.26%
Wells Fargo Bank	0.05%	(3.5)	3.12%
Quicken Loans	0.07%	(3.0)	23.31%
Regions Bank	0.19%	(2.5)	8.46%

Lender Name	Rate Difference	Rate Rating	Market Share
Troy Bank and Trust	-0.15%	(4.5)	8.79%
Renasant Bank	-0.13%	(4.0)	17.91%
Tyndall Federal Credit Union	-0.08%	(4.0)	3.48%
Triumph Bank	-0.03%	(3.5)	1.99%
Mortgage Investors Group	-0.03%	(3.5)	3.23%
Avadian Credit Union	-0.02%	(3.5)	5.39%
ServisFirst Bank	-0.02%	(3.5)	2.99%
USAA	0.02%	(3.5)	2.07%
Ameris Bank	0.02%	(3.5)	3.15%
Hometown Lenders	0.02%	(3.5)	2.90%
Wells Fargo Bank	0.03%	(3.5)	5.80%
PennyMac Loan Services	0.03%	(3.5)	0.17%
Guaranteed Rate	0.03%	(3.5)	0.83%
InterLinc Mortgage Services	0.03%	(3.5)	4.98%
loanDepot	0.03%	(3.5)	1.16%
Hamilton Mortgage Corporation	0.04%	(3.5)	2.24%
Fairway Independent Mortgage Corporation	0.04%	(3.5)	7.71%
emmloans	0.05%	(3.5)	1.00%
Mortgage Research Center	0.08%	(3.0)	2.57%
Quicken Loans	0.14%	(3.0)	10.78%
Regions Bank	0.14%	(3.0)	8.71%
Navy Federal Credit Union	0.14%	(3.0)	2.16%

Lender Name	Rate Difference	Rate Rating	Market Share
Troy Bank and Trust	-0.14%	(4.0)	10.35%
Renasant Bank	-0.13%	(4.0)	14.14%
Tyndall Federal Credit Union	-0.10%	(4.0)	3.79%
Avadian Credit Union	-0.04%	(3.5)	4.81%
ServisFirst Bank	-0.02%	(3.5)	3.94%
Mortgage Investors Group	-0.02%	(3.5)	1.90%
Triumph Bank	0.00%	(3.5)	1.46%
Wells Fargo Bank	0.02%	(3.5)	6.85%
Ameris Bank	0.02%	(3.5)	2.77%
loanDepot	0.03%	(3.5)	0.29%
USAA	0.03%	(3.5)	2.92%
InterLinc Mortgage Services	0.03%	(3.5)	8.02%
Guaranteed Rate	0.04%	(3.5)	1.17%
Hamilton Mortgage Corporation	0.04%	(3.5)	3.64%
PennyMac Loan Services	0.04%	(3.5)	0.15%
emmloans	0.05%	(3.5)	1.31%
Hometown Lenders	0.05%	(3.5)	3.21%
Regions Bank	0.06%	(3.0)	5.83%
Fairway Independent Mortgage Corporation	0.06%	(3.0)	10.50%
Mortgage Research Center	0.09%	(3.0)	3.79%
Navy Federal Credit Union	0.17%	(2.5)	3.35%
Quicken Loans	0.18%	(2.5)	5.83%

Lender Name	Rate Difference	Rate Rating	Market Share
Troy Bank and Trust	-0.18%	(4.5)	6.73%
Renasant Bank	-0.13%	(4.0)	22.88%
Triumph Bank	-0.06%	(4.0)	2.69%
Tyndall Federal Credit Union	-0.05%	(4.0)	3.08%
Mortgage Investors Group	-0.03%	(3.5)	5.00%
Fairway Independent Mortgage Corporation	-0.03%	(3.5)	4.04%
USAA	-0.02%	(3.5)	0.96%
Hometown Lenders	-0.02%	(3.5)	2.50%
Avadian Credit Union	-0.01%	(3.5)	6.15%
ServisFirst Bank	-0.01%	(3.5)	1.73%
PennyMac Loan Services	0.01%	(3.5)	0.19%
Guaranteed Rate	0.01%	(3.5)	0.38%
Navy Federal Credit Union	0.01%	(3.5)	0.58%
Ameris Bank	0.02%	(3.5)	3.65%
Mortgage Research Center	0.02%	(3.5)	0.96%
InterLinc Mortgage Services	0.02%	(3.5)	0.96%
loanDepot	0.02%	(3.5)	2.31%
Hamilton Mortgage Corporation	0.04%	(3.5)	0.38%
Wells Fargo Bank	0.05%	(3.5)	4.42%
emmloans	0.06%	(3.0)	0.58%
Quicken Loans	0.12%	(3.0)	17.31%
Regions Bank	0.19%	(2.5)	12.50%

Lender Name	Rate Difference	Rate Rating	Market Share
Renasant Bank	-0.20%	(4.5)	11.63%
Avadian Credit Union	-0.09%	(4.0)	2.54%
Regions Bank	-0.08%	(4.0)	3.17%
Triumph Bank	-0.07%	(4.0)	1.06%
Ameris Bank	-0.04%	(3.5)	5.50%
Mortgage Investors Group	-0.03%	(3.5)	0.63%
Quicken Loans	-0.02%	(3.5)	16.49%
Navy Federal Credit Union	-0.01%	(3.5)	0.63%
PennyMac Loan Services	-0.01%	(3.5)	0.85%
Tyndall Federal Credit Union	-0.01%	(3.5)	0.63%
emmloans	-0.00%	(3.5)	2.54%
ServisFirst Bank	-0.00%	(3.5)	0.42%
Hamilton Mortgage Corporation	0.01%	(3.5)	0.42%
InterLinc Mortgage Services	0.01%	(3.5)	19.87%
Wells Fargo Bank	0.01%	(3.5)	0.21%
loanDepot	0.05%	(3.0)	2.54%
Guaranteed Rate	0.09%	(3.0)	2.75%
Fairway Independent Mortgage Corporation	0.10%	(3.0)	10.78%
Hometown Lenders	0.10%	(3.0)	17.34%

Lender Name	Rate Difference	Rate Rating	Market Share
Renasant Bank	-0.22%	(4.5)	12.66%
Avadian Credit Union	-0.11%	(4.0)	2.78%
Regions Bank	-0.09%	(4.0)	3.80%
Triumph Bank	-0.07%	(4.0)	1.27%
Ameris Bank	-0.04%	(3.5)	5.57%
Mortgage Investors Group	-0.03%	(3.5)	0.76%
PennyMac Loan Services	-0.02%	(3.5)	0.51%
Navy Federal Credit Union	-0.02%	(3.5)	0.76%
Tyndall Federal Credit Union	-0.01%	(3.5)	0.76%
emmloans	-0.01%	(3.5)	2.78%
ServisFirst Bank	-0.01%	(3.5)	0.51%
Hamilton Mortgage Corporation	0.00%	(3.5)	0.51%
InterLinc Mortgage Services	0.01%	(3.5)	23.54%
Wells Fargo Bank	0.01%	(3.5)	0.25%
Quicken Loans	0.02%	(3.5)	7.09%
loanDepot	0.03%	(3.5)	1.01%
Fairway Independent Mortgage Corporation	0.09%	(3.0)	12.41%
Guaranteed Rate	0.09%	(3.0)	3.04%
Hometown Lenders	0.10%	(3.0)	20.00%

Lender Name	Rate Difference	Rate Rating	Market Share
Quicken Loans	-0.02%	(3.5)	64.10%
Ameris Bank	-0.01%	(3.5)	5.13%
Hometown Lenders	-0.01%	(3.5)	3.85%
Renasant Bank	0.02%	(3.5)	6.41%
PennyMac Loan Services	0.03%	(3.5)	2.56%
emmloans	0.03%	(3.5)	1.28%
InterLinc Mortgage Services	0.03%	(3.5)	1.28%
Guaranteed Rate	0.05%	(3.5)	1.28%
Avadian Credit Union	0.05%	(3.5)	1.28%
Fairway Independent Mortgage Corporation	0.06%	(3.0)	2.56%
loanDepot	0.08%	(3.0)	10.26%

Lender Name	Rate Difference	Rate Rating	Market Share
Quicken Loans	-0.00%	(3.5)	33.33%
Wells Fargo Bank	-0.00%	(3.5)	33.33%
Regions Bank	0.00%	(3.5)	33.33%

Lender Name	Rate Difference	Rate Rating	Market Share
Regions Bank	0.00%	(3.5)	100.00%

Lender Name	Rate Difference	Rate Rating	Market Share
Quicken Loans	0.00%	(3.5)	50.00%
Wells Fargo Bank	0.00%	(3.5)	50.00%

Lender Name	Rate Difference	Rate Rating	Market Share
Navy Federal Credit Union	-0.20%	(4.5)	14.73%
Troy Bank and Trust	-0.11%	(4.0)	4.79%
PennyMac Loan Services	-0.05%	(3.5)	4.79%
Renasant Bank	-0.04%	(3.5)	9.59%
Triumph Bank	-0.03%	(3.5)	1.71%
Tyndall Federal Credit Union	-0.02%	(3.5)	1.20%
Guaranteed Rate	0.01%	(3.5)	3.42%
Mortgage Investors Group	0.01%	(3.5)	1.03%
Avadian Credit Union	0.01%	(3.5)	0.68%
USAA	0.02%	(3.5)	17.29%
Regions Bank	0.03%	(3.5)	1.37%
loanDepot	0.03%	(3.5)	2.91%
Ameris Bank	0.03%	(3.5)	0.51%
ServisFirst Bank	0.03%	(3.5)	0.34%
Hamilton Mortgage Corporation	0.05%	(3.5)	0.68%
Wells Fargo Bank	0.05%	(3.5)	2.57%
InterLinc Mortgage Services	0.07%	(3.0)	7.36%
Hometown Lenders	0.07%	(3.0)	4.11%
emmloans	0.08%	(3.0)	2.23%
Quicken Loans	0.09%	(3.0)	8.90%
Fairway Independent Mortgage Corporation	0.17%	(2.5)	9.76%

Lender Name	Rate Difference	Rate Rating	Market Share
Navy Federal Credit Union	-0.22%	(4.5)	18.27%
Troy Bank and Trust	-0.12%	(4.0)	4.33%
Renasant Bank	-0.07%	(4.0)	8.41%
Triumph Bank	-0.02%	(3.5)	1.68%
Tyndall Federal Credit Union	-0.02%	(3.5)	1.68%
Mortgage Investors Group	0.01%	(3.5)	1.20%
Guaranteed Rate	0.02%	(3.5)	3.85%
PennyMac Loan Services	0.02%	(3.5)	1.44%
Avadian Credit Union	0.02%	(3.5)	0.48%
Regions Bank	0.03%	(3.5)	1.92%
Ameris Bank	0.04%	(3.5)	0.72%
ServisFirst Bank	0.04%	(3.5)	0.48%
USAA	0.04%	(3.5)	20.19%
Hamilton Mortgage Corporation	0.05%	(3.0)	0.96%
Wells Fargo Bank	0.05%	(3.0)	3.61%
Quicken Loans	0.05%	(3.0)	3.37%
emmloans	0.09%	(3.0)	2.64%
InterLinc Mortgage Services	0.09%	(3.0)	8.17%
Hometown Lenders	0.11%	(3.0)	4.33%
Fairway Independent Mortgage Corporation	0.19%	(2.5)	12.26%

Lender Name	Rate Difference	Rate Rating	Market Share
Troy Bank and Trust	-0.09%	(4.0)	5.95%
PennyMac Loan Services	-0.07%	(4.0)	13.10%
Navy Federal Credit Union	-0.06%	(4.0)	5.95%
USAA	-0.05%	(4.0)	10.12%
Hometown Lenders	-0.03%	(3.5)	3.57%
Triumph Bank	-0.03%	(3.5)	1.79%
InterLinc Mortgage Services	-0.02%	(3.5)	5.36%
Guaranteed Rate	-0.02%	(3.5)	2.38%
Avadian Credit Union	-0.00%	(3.5)	1.19%
Fairway Independent Mortgage Corporation	0.01%	(3.5)	3.57%
Renasant Bank	0.02%	(3.5)	12.50%
loanDepot	0.02%	(3.5)	10.12%
emmloans	0.02%	(3.5)	1.19%
Mortgage Investors Group	0.02%	(3.5)	0.60%
Quicken Loans	0.10%	(3.0)	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 of the data is 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 conditional on the commuting zone, 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.

Mortgage Lender Rankings in Other Cities

This page contains information about the top mortgage lenders in the Dothan, AL area. For mortgage lender rankings in other cities, click here.