Compare Today’s Mortgage Rates for Burnt Corn, Alabama
Pureloan searches mortgage lenders and major banks in Burnt Corn, Alabama 36401 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 $4,268 or $12 / month is expected in Burnt Corn and other areas of Covington county.
Pureloan’s search engine explores all home mortgage options in Burnt Corn, Alabama 36401, including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages.
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Summary of Average Mortgage Terms in Burnt Corn, Alabama 36401
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Burnt Corn, AL 36401, 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 Burnt Corn, Alabama 36401 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Burnt Corn, Alabama and around Covington 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 | 93.37% | 86.67% | 87.72% | 88.79% | 88.85% | 86.10% | 88.92% | 87.30% |
| avg mortgage rate | 4.89% | 4.62% | 3.85% | 3.90% | 4.48% | 4.13% | 3.94% | 4.12% |
| % 15 year fixed mortgage | 5.42% | 12.50% | 11.11% | 8.88% | 8.85% | 12.36% | 7.38% | 10.32% |
| avg mortgage rate | 4.29% | 3.93% | 3.26% | 2.91% | 3.49% | 3.28% | 3.10% | 3.18% |
| Avg credit score | 766.05 | 762.98 | 759.42 | 759.22 | 753.95 | 753.35 | 749.27 | 754.71 |
| Avg LTV (loan to value) | 75.44% | 77.84% | 81.92% | 82.83% | 83.45% | 84.34% | 85.08% | 84.09% |
| Avg DTI (debt to income) | 31.00 | 31.43 | 30.44 | 31.97 | 30.90 | 33.15 | 32.77 | 33.29 |
| % First time homebuyer | 30.72% | 26.67% | 22.22% | 27.57% | 28.46% | 23.55% | 21.54% | 20.63% |
| Avg mortgage insurance % | 4.03% | 6.59% | 10.96% | 12.68% | 14.28% | 14.92% | 16.06% | 13.22% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Burnt Corn, Alabama 36401
If you’re looking to buy a new home in Burnt Corn, we have compiled a list of the leading mortgage brokers around Burnt Corn, Alabama 36401 to help you with your search.
Name
Address
Contact
Nations Quick Cash
306 W Front St
Evergreen AL 36401
(251) 578-1100
Title Cash
416 W Front St
Evergreen AL 36401
(251) 578-3622
contactus@titlecash.com
World Finance
302 W Bypass
Andalusia AL 36401
(334) 222-2553
http://worldacceptance.com
TitleMax Title Loans
1509 Dr M L K Jr Expy
Andalusia AL 36401
(334) 427-1104
webinquiries@titlemax.com
OneMain Financial
100 Westgate Plz
Andalusia AL 36401
(334) 222-2557
http://branches.onemainfinancial.com/al/andalusia/100-westgate-plaza.html
Address
306 W Front St
Evergreen AL
Contact
(251) 578-1100
Address
416 W Front St
Evergreen AL
Contact
(251) 578-3622
contactus@titlecash.com
Address
302 W Bypass
Andalusia AL
Contact
(334) 222-2553
http://worldacceptance.com