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 $5,617 or $16 / month is expected in Alton and other areas of Marshall 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.

No suitable program is found

Summary of Average Mortgage Terms in Alton, Alabama 35015

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


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 2012 - 2019

We have compiled mortgage rate charts for home loans in Alton, Alabama and around Marshall 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.

Name
Address
Contact

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

News on Mortgages and Reverse Mortgages for Alton, Alabama 35015