Compare Today’s Mortgage Rates for Dothan, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Dothan, Alabama 36305. Pureloan also provides a listing of the best mortgage brokers in your area and a detailed analysis of your future home loan payments. For a 30-year fixed loan, you may expect to have lifetime cash savings of $5,617 or $16 / month in Dothan and other areas of Houston county.

Our search engine explores all home mortgage options in Dothan, Alabama 36305, 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 Dothan, Alabama 36305

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 Dothan, AL 36305, 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 Dothan, Alabama 36305 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Dothan, Alabama and around Houston 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 Dothan, Alabama 36305

If you’re looking to buy a new home in Dothan, we have compiled a list of the leading mortgage brokers around Dothan, Alabama 36305 to help you with your search.

Name
Address
Contact

First Federal Of The South

256 Honeysuckle Rd

Dothan AL 36305

(334) 792-0413

Primary Residential Mortgage

256 Honeysuckle Rd

Dothan AL 36305

(334) 792-7999

Nations Quick Cash

3160 W Main St

Dothan AL 36305

(334) 678-7772

Hamilton Mortgage

256 Honeysuckle Rd

Dothan AL 36305

(334) 792-8958

Supreme Lending

256 Honeysuckle Rd

Dothan AL 36305

(334) 836-0963

Address

256 Honeysuckle Rd

Dothan AL

Contact

(334) 792-0413

Address

256 Honeysuckle Rd

Dothan AL

Contact

(334) 792-7999

Address

3160 W Main St

Dothan AL

Contact

(334) 678-7772

News on Mortgages and Reverse Mortgages for Dothan, Alabama 36305