Compare Today’s Mortgage Rates for Mentone, Alabama
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Mentone, Alabama 35984. 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 Mentone and other areas of De Kalb county.
Our search engine explores all home mortgage options in Mentone, Alabama 35984, 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 Mentone, Alabama 35984
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive and Personalized Mortage Rates Analysis
To forecast and predict mortgage rates in Mentone, AL 35984, 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 Mentone, Alabama 35984 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Mentone, Alabama and around De Kalb 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 | 85.43% | 79.88% | 81.18% | 87.12% | 85.10% | 88.33% | 84.52% | 85.62% |
| avg mortgage rate | 4.79% | 4.55% | 3.83% | 3.88% | 4.38% | 4.05% | 3.93% | 4.12% |
| % 15 year fixed mortgage | 12.15% | 17.16% | 16.13% | 11.86% | 12.12% | 10.76% | 13.31% | 11.64% |
| avg mortgage rate | 4.20% | 3.68% | 3.17% | 3.14% | 3.42% | 3.23% | 3.00% | 3.21% |
| Avg credit score | 763.45 | 760.86 | 760.60 | 758.87 | 758.55 | 757.00 | 756.20 | 757.18 |
| Avg LTV (loan to value) | 76.83% | 78.95% | 82.17% | 82.45% | 83.17% | 84.08% | 84.13% | 83.59% |
| Avg DTI (debt to income) | 30.24 | 30.25 | 27.92 | 27.95 | 29.60 | 29.11 | 29.56 | 31.08 |
| % First time homebuyer | 26.72% | 31.36% | 28.49% | 31.86% | 23.74% | 27.46% | 26.01% | 23.97% |
| Avg mortgage insurance % | 4.95% | 6.63% | 10.92% | 11.53% | 12.39% | 13.58% | 13.96% | 14.27% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Mentone, Alabama 35984
If you’re looking to buy a new home in Mentone, we have compiled a list of the leading mortgage brokers around Mentone, Alabama 35984 to help you with your search.
Name
Address
Contact
World Finance
485 Main St W
Rainsville AL 35984
(256) 638-1808
http://worldacceptance.com
Cash Advance of Rainsville Local
30 Rains Ave
Rainsville AL 35984
(256) 638-6978
Rainsville Finance Co.
180 Main St W
Rainsville AL 35984
(256) 638-6375
Quic!oans
150 Industrial Blvd
Leesburg AL 35984
(256) 526-7131
http://stores.creditcorptitle.com/al/leesburg/150-industrial-blvd-24311.html
Leesburg Finance
5620 Weiss Lake Blvd
Leesburg AL 35984
(256) 526-8097
Address
485 Main St W
Rainsville AL
Contact
(256) 638-1808
http://worldacceptance.com
Address
30 Rains Ave
Rainsville AL
Contact
(256) 638-6978
Address
180 Main St W
Rainsville AL
Contact
(256) 638-6375