Alabama

Today's Alabama (AL) Mortgage Rates


McGlone Mortgage Group
NMLS # 3232
State Lic # 22121
3.750% APR
3.750% RATE
0 Points
40 day lock
Fees: $0
Monthly Payment
$1,157.79

NEXT  

AnnieMac Home Mortgage
State Lic # 22121
3.751% APR
3.750% RATE
0 Points
30 day lock
Fees: $40
Monthly Payment
$1,157.79

NEXT  

eRates Mortgage
NMLS # 1071
State Lic # 4649
3.875% APR
3.875% RATE
0 Points
30 day lock
Fees: $0
Monthly Payment
$1,175.59

NEXT  

Triumph Bank Home Loans
NMLS # 258821
State Lic # 4649
3.750% APR
3.750% RATE
0 Points
30 day lock
Fees: $0
Monthly Payment
$1,157.79

NEXT  

EverBank
NMLS # 399805
State Lic # 4649
3.930% APR
3.875% RATE
0 Points
30 day lock
Fees: $1,665
Monthly Payment
$1,175.59

NEXT  

Flagstar Bank
NMLS # 417490
State Lic # 4649
3.905% APR
3.875% RATE
0 Points
30 day lock
Fees: $905
Monthly Payment
$1,175.59

NEXT  

Sebonic Financial
State Lic # 4649
3.758% APR
3.750% RATE
0 Points
30 day lock
Fees: $257
Monthly Payment
$1,157.79

NEXT  

Home Point Financial
NMLS # 7706
State Lic # 4649
3.875% APR
3.875% RATE
0 Points
30 day lock
Fees: $0
Monthly Payment
$1,175.59

NEXT  

Rates were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. APR and Payment examples shown do not include amounts for taxes and insurance premiums. The monthly payment obligation will be greater if taxes and insurance are included.


Alabama (AL) Mortgage Rates & Mortgage Loan Data – Prior Year

  • Loan originated: 1,028,974
  • Application denied by financial institution: 467,228
  • Loan purchased by the institution: 438,979
  • Application withdrawn by applicant: 214,266
  • Application approved but not accepted: 111,824
  • File closed for incompleteness: 71,678
  • Preapproval request denied by financial institution: 223
  • Preapproval request approved but not accepted: 65

  • Refinancing: 1,291,602
  • Home purchase: 866,586
  • Home improvement: 175,049

  • Conventional: 1,630,762
  • FHA-insured: 479,545
  • VA-guaranteed: 162,115
  • FSA/RHS-guaranteed: 60,815

  • White: 1,547,557
  • Black or African American: 340,073
  • Not applicable: 215,261
  • Information not provided by applicant in mail, Internet, or telephone application: 193,200
  • Asian: 22,172
  • American Indian or Alaska Native: 11,501
  • Native Hawaiian or Other Pacific Islander: 3,473

  • Not Hispanic or Latino: 1,879,828
  • Not applicable: 215,693
  • Information not provided by applicant in mail, Internet, or telephone application: 205,393
  • Hispanic or Latino: 32,323

  • Male: 1,384,409
  • Female: 615,035
  • Not applicable: 215,369
  • Information not provided by applicant in mail, Internet, or telephone application: 118,424

  • Department of Housing and Urban Development: 691,376
  • Consumer Financial Protection Bureau: 474,890
  • Office of the Comptroller of the Currency: 373,436
  • Federal Reserve System: 252,989
  • Federal Deposit Insurance Corporation: 247,473
  • Office of Thrift Supervision: 182,780
  • National Credit Union Administration: 110,293

  • Jefferson County: 341,355
  • Madison County: 233,419
  • Mobile County: 183,361
  • Shelby County: 142,911
  • Baldwin County: 128,114
  • Montgomery County: 103,137
  • Tuscaloosa County: 95,195
  • Lee County: 73,974
  • Morgan County: 62,232
  • Limestone County: 55,931
  • St. Clair County: 51,319
  • Elmore County: 49,569
  • Calhoun County: 49,081
  • Houston County: 48,459
  • Etowah County: 42,803
  • Lauderdale County: 41,561
  • Marshall County: 39,597
  • Cullman County: 37,385
  • Talladega County: 31,966
  • Autauga County: 31,900
  • Blount County: 27,452
  • Coffee County: 27,131
  • Walker County: 26,485
  • Colbert County: 26,436
  • Russell County: 26,328
  • Tallapoosa County: 20,915
  • Chilton County: 20,474
  • DeKalb County: 19,630
  • Dale County: 18,974
  • Jackson County: 17,370
  • Lawrence County: 15,029
  • Covington County: 12,618
  • Chambers County: 11,957
  • Escambia County: 11,105
  • Geneva County: 11,006
  • Dallas County: 10,607
  • Franklin County: 9,884
  • Winston County: 9,806
  • Clarke County: 9,593
  • Cherokee County: 9,222
  • Marion County: 9,144
  • Pike County: 9,077
  • Bibb County: 9,075
  • Henry County: 8,111
  • Randolph County: 7,858
  • Unknown: 7,287
  • Marengo County: 7,093
  • Barbour County: 7,007
  • Butler County: 6,758
  • Monroe County: 6,468
  • Pickens County: 6,128
  • Hale County: 5,704
  • Macon County: 5,528
  • Cleburne County: 5,469
  • Washington County: 5,390
  • Fayette County: 5,146
  • Crenshaw County: 4,805
  • Clay County: 4,305
  • Lamar County: 3,630
  • Lowndes County: 3,498
  • Choctaw County: 3,446
  • Coosa County: 3,083
  • Conecuh County: 2,878
  • Bullock County: 2,576
  • Sumter County: 2,510
  • Greene County: 2,327
  • Wilcox County: 2,257
  • Perry County: 1,388

  • Birmingham, Hoover – AL: 618,283
  • Unknown: 523,053
  • Huntsville – AL: 288,804
  • Montgomery – AL: 187,788
  • Mobile – AL: 183,154
  • Tuscaloosa – AL: 103,670
  • Decatur – AL: 77,210
  • Auburn, Opelika – AL: 73,895
  • Florence, Muscle Shoals – AL: 67,942
  • Dothan – AL: 67,386
  • Gadsden – AL: 42,754
  • Anniston, Oxford – AL: 40,705
  • Columbus – GA, AL: 26,299
  • Daphne, Fairhope, Foley – AL: 24,006
  • Anniston, Oxford, Jacksonville – AL: 8,288

  • Unknown: 2,070,028
  • Credit history: 97,733
  • Collateral: 50,309
  • Debt-to-income ratio: 46,091
  • Credit application incomplete: 25,793
  • Other: 25,694
  • Unverifiable information: 7,773
  • Insufficient cash (downpayment, closing costs): 5,926
  • Employment history: 3,368
  • Mortgage insurance denied: 522

  • Not a HOEPA loan: 2,330,900
  • HOEPA loan: 2,337

  • Secured by a first lien: 1,731,718
  • Not applicable: 438,979
  • Not secured by a lien: 86,000
  • Secured by a subordinate lien: 76,540

  • Owner-occupied as a principal dwelling: 2,108,245
  • Not owner-occupied as a principal dwelling: 206,542
  • Not applicable: 18,450

  • One-to-four family dwelling (other than manufactured housing): 2,188,971
  • Manufactured housing: 141,309
  • Multifamily dwelling: 2,957

  • Loan was not originated or was not sold in calendar year covered by register: 1,295,018
  • Fannie Mae (FNMA): 271,238
  • Ginnie Mae (GNMA): 224,222
  • Freddie Mac (FHLMC): 131,642
  • Other type of purchaser: 111,195
  • Commercial bank, savings bank or savings association: 101,841
  • Life insurance company, credit union, mortgage bank, or finance company: 101,729
  • Affiliate institution: 81,933
  • Private securitization: 14,383
  • Farmer Mac (FAMC): 36