Top Mortgage Lenders in Alabama

Looking for a mortgage broker in Alabama? Check out our directory listing below for the best mortgage lenders in the state. When you work with the right lender, you save money and time. Browsing our lender profiles, you’ll see:

  • Lender Service Areas
  • Years of Experience
  • Office Location
  • Loan Options Offered
  • License ID
  • And More!
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Bryan Bennett Mortgage Lender

17. Bryan Bennett

JCBennett Insurance Group

Other License ID 0723041

BIRMINGHAM, AL

Years of Experience: 10

Sharon Thompson Mortgage Lender

18. Sharon Thompson

Fairway Independent Mortgage

Other License ID 144797

Foley, AL

Years of Experience: 14

Jeannie Kelley Mortgage Lender

19. Jeannie Kelley

First Federal Mortgage

Other License ID 1593147

Brandon Snider Mortgage Lender

20. Brandon Snider

Willow Bend Mortgage Company

Other License ID 181033

Cullman, AL

Years of Experience: 20

Cliff Daugherty Mortgage Lender

21. Cliff Daugherty

Guild Mortgage

NMLS # 775253AL

Gadsden, AL

Years of Experience: 18

Tony DiChiara Mortgage Lender

22. Tony DiChiara

Hometown Lenders, inc

Other License ID 1724344

Birmingham, AL

Years of Experience: 6

Resources to find the best mortgage lender in Alabama

Alabama Morgage Brokers

When buying a home you want to be sure you are working with the best home loan lenders in Alabama. Working with a knowledgeable home loan broker in Alabama will ensure you the best rate and experience.

Not all lenders are the same and we want to make it easy for you to find the best one that fits your needs. Find a loan officer in Alabama that will give you the rate you are looking for and the type of loan you need. With the right lender, your entire loan process will be smooth.


Recommended Real Estate Agents in Alabama

When you work with a top real estate agent in Alabama you can be sure that they will get the job done well. We’ve put all the best Alabama agents in one place to make your decision easy.

Check out these top real estate agents and reach out directly on our site. Their profiles include all the details you need to see before deciding to hire. Choosing the right real estate agent can make a huge difference in your buying or selling experience, so working with the best matters. View all Alabama Real Estate Agents.


Real Estate Trends in Alabama

Alabama Housing Statistics (March 2022)

Active Listings

Change since last month

6,963

0.01%

Median Days on Market

Change since last month

36 days

-0.19%

Median Listing Price

Change since last month

$283,650

0%

Median Sales Price

Change since last month

N/A

New Listings

Change since last month

6,740

0.12%

% of Listings That Increased Price

Change since last month

724

0.11%

Price/Sq Foot

Change since last month

$140

0.03%

Source: realtor.com

2021 - 2022 Alabama Median Listing Price

The Median Listing Price is the middle price that homeowners listed their properties at in a time period. This means half the homes were listed above this price and half were listed below.

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Cost of Living in Alabama’s Largest Cities

(According to the U.S. Census Bureau)

City

  • Home Value
  • Average Monthly Rent

Birmingham

  • Home Vaiue
  • Average Monthly Rent
  • $94,786
  • $837

Huntsville

  • Home Vaiue
  • Average Monthly Rent
  • $183,685
  • $827

Mobile

  • Home Vaiue
  • Average Monthly Rent
  • $123,343
  • $857

Montgomery

  • Home Vaiue
  • Average Monthly Rent
  • $118,995
  • $881

Tuscaloosa

  • Home Vaiue
  • Average Monthly Rent
  • $179,714
  • $844

Updated: March 2022
source census.gov

Alabama State Statistics

  • State Area N/A
  • State Population 4,903,185
  • Median Household Income N/A
  • Median Rent N/A
  • Home OwnershipN/A
Updated: March 2022

Alabama Schools

Rank 46 Overall
44 in College Readiness
5 in High School Graduation Rate

Alabama Tax Rates

Rank 2 Overall
Effective Real Estate Tax Rate 0.41%
source wallethub.com

Alabama Healthcare

Rank 45 Overall
42 in Healthcare Access
35 in Healthcare Quality

Benefits of Working with a Mortgage Broker in Alabama

Mortgage brokers in Alabama tend to have access to many lenders, which allows them to find you the best rate. Sometimes they are tied to a specific lender that can offer you an exclusive deal. 

Working with a mortgage broker can be beneficial as you are likely to get a lower rate with one than going in a different direction.

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Still have questions? We’d love to help!

Call our support team toll free at 1 (800) 319-0511

Frequently Asked Questions

What are the best mortgage lenders in Alabama?

The best lender will depend on your needs. Typically buyers look for home loan lenders that offer the type of loan they need at the lowest rate. Reach out to multiple lenders on our list to get their rate and lock it in.

Is it easier to get approved for a mortgage through a broker in Alabama?

Mortgage brokers in Alabama tend to have access to many lenders, which allows them to find you the best rate. Sometimes they are tied to a specific lender that can offer you an exclusive deal.

Working with a mortgage broker can be beneficial as you are likely to get a lower rate with one than going in a different direction.

How long does it take for a mortgage to be approved with a broker in Alabama?

It generally takes around 30 days to get a mortgage approved in a typical housing market. This can be delayed if there is an influx of applications or if there are issues with yours specifically. Make sure you fill all paperwork out correctly and provide the necessary documentation to get your application moving quickly.

How should I choose a Alabama mortgage lender?

It’s important to reach out to multiple lenders before you choose. Consider the different offerings and how they will work for you. Be sure to ask about rates, loan terms, requirements for a down payment, mortgage insurance, closing cost, and any fees they charge. Compare each and decide from there.

How much are mortgage broker fees in Alabama?

Some mortgage brokers charge an hourly rate, while some provide financial advice for a flat fee. A mortgage broker's commission is usually between 0.5% to 2.75% of the loan principal.

Do mortgage brokers help with refinancing in Alabama

Generally, yes. They can also save you time and money as they sometimes have better access to lenders.

Do mortgage brokers get better deals in Alabama?

It is definitely possible that a mortgage broker in Alabama can get a better deal than you might get elsewhere. They tend to have access to a lot of lenders and can negotiate a deal.

See More Questions

The Bottom Line

Selling or buying a property in Alabama is a big decision that takes time. At FastExpert we are dedicated to making it quicker and easier. We provide clear and free listings for top loan officers in Alabama available every day.

Our loan officer profiles include all the information you need to make the right decision. Users can read client reviews, see past sales, and message and hire loan officers right from our site.

We’re here for you.

If you have questions or need more information, please send us a message at [email protected]. You can also call us at (800) 319-0511.

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