Compare Today’s Mortgage Rates for Alton, Alabama
Pureloan searches mortgage lenders and major banks in Alton, Alabama 35015 finding the best mortgage rates. We also provide a list of the best mortgage brokers in your area and an analysis of your future home loan payments. For a 30-year fixed loan, lifetime cash savings of $2,193 or $6 / month is expected in Alton and other areas of Jefferson county.
Pureloan’s search engine explores all home mortgage options in Alton, Alabama 35015, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
Summary of Average Mortgage Terms in Alton, Alabama 35015
Become a certified mortgage expert on Pureloan.com
in Alton, Alabama 35015
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Alton, AL
To forecast and predict mortgage rates in Alton, AL 35015, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.
Historical Mortgage Rates for Alton, Alabama 35015 from 2013 - 2020
We have compiled mortgage rate charts for home loans in Alton, Alabama and around Jefferson county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed mortgage | 89.44% | 85.94% | 83.88% | 87.56% | 87.25% | 89.46% | 87.61% | 91.70% |
| avg mortgage rate | 4.93% | 4.61% | 3.92% | 4.00% | 4.49% | 4.16% | 3.96% | 4.19% |
| % 15 year fixed mortgage | 9.63% | 11.65% | 12.17% | 10.37% | 10.74% | 7.98% | 10.26% | 7.92% |
| avg mortgage rate | 4.34% | 4.03% | 3.15% | 3.08% | 3.47% | 3.27% | 3.16% | 3.34% |
| Avg credit score | 763.17 | 761.86 | 755.86 | 756.13 | 753.85 | 750.26 | 749.83 | 750.17 |
| Avg LTV (loan to value) | 78.03% | 77.76% | 80.38% | 82.19% | 84.12% | 84.16% | 83.51% | 83.32% |
| Avg DTI (debt to income) | 30.69 | 30.81 | 30.22 | 31.14 | 31.17 | 31.78 | 31.26 | 32.00 |
| % First time homebuyer | 24.22% | 26.10% | 26.64% | 30.88% | 25.67% | 20.80% | 22.65% | 17.36% |
| Avg mortgage insurance % | 6.31% | 6.49% | 9.29% | 11.71% | 14.94% | 15.03% | 14.34% | 14.02% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Alton, Alabama 35015
If you’re looking to buy a new home in Alton, we have compiled a list of the leading mortgage brokers around Alton, Alabama 35015 to help you with your search.
OneMain Financial
679 9th Ave SW
Bessemer AL 35015
(205) 428-9132
http://branches.onemainfinancial.com/al/bessemer/679-9th-ave-sw.html
Mutual Finance
5031 Ford Pkwy
Bessemer AL 35015
(205) 428-5626
info@mutualfinance.net
Springleaf Financial Services
700 Academy Dr
Bessemer AL 35015
(205) 428-6237
compliancehelpline@slfs.com
1st Franklin Financial
718 Academy Dr
Bessemer AL 35015
(205) 426-0711
bcheek3@1ffc.com
Regional Finance
5031 Ford Pkwy
Bessemer AL 35015
(205) 432-7800
https://www.getregionalcash.com/
Address
679 9th Ave SW
Bessemer AL
Contact
(205) 428-9132
http://branches.onemainfinancial.com/al/bessemer/679-9th-ave-sw.html
Address
5031 Ford Pkwy
Bessemer AL
Contact
(205) 428-5626
info@mutualfinance.net
Address
700 Academy Dr
Bessemer AL
Contact
(205) 428-6237
compliancehelpline@slfs.com