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Real Estate Mortage Lenders
in Dothan Alabama Relocation
For most people, finding the right home in Dothan, Alabama is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Dothan, Alabama lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Dothan within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Dothan that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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Dothan is located at 31°13'38?N, 85°24'26?W (31.227225, -85.407258)GR1. According to the U.S. Census Bureau, the city has a total area of 224.9 km² (86.8 mi²). 224.3 km² (86.6 mi²) of it is land and 0.5 km² (0.2 mi²) of it (0.23%) is water. Dothan is the self-proclaimed “Heart of the Wiregrass” of southeastern Alabama. Dothan is also known throughout the state of Alabama and Gulf Coast region as "The Circle City" with Ross Clark Circle being one of the main highways in Dothan. Dothan is located at 31°13'38?N, 85°24'26?W (31.227225, -85.407258)GR1. According to the U.S. Census Bureau, the city has a total area of 224.9 km² (86.8 mi²). 224.3 km² (86.6 mi²) of it is land and 0.5 km² (0.2 mi²) of it (0.23%) is water. Dothan is the self-proclaimed “Heart of the Wiregrass” of southeastern Alabama. Dothan is also known throughout the state of Alabama and Gulf Coast region as "The Circle City" with Ross Clark Circle being one of the main highways in Dothan. -- Source: Wikipedia.com
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Census Data for Dothan, Alabama
| Dothan | Alabama | United States | |
| Population | 57,737 | 4,447,100 | 281,421,906 |
| Median age | 37.2 | 35.8 | 35.3 |
| Median age for Male | 35.5 | 34.4 | 34 |
| Median age for Female | 38.7 | 37.2 | 36.5 |
| Households | 23,685 | 1,737,080 | 105,480,101 |
| Household population | 56,610 | 4,332,380 | 273,643,273 |
| Average household size | 2.39 | 2.49 | 2.59 |
| Families | 16,028 | 1,215,968 | 71,787,347 |
| Average family size | 2.94 | 3.01 | 3.14 |
| Housing units | 25,920 | 1,963,711 | 115,904,641 |
| Occupied units | 23,685 | 1,737,080 | 105,480,101 |
| Vacant units | 2,235 | 226,631 | 10,424,540 |
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