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

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


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

News on Mortgages and Reverse Mortgages for Mentone, Alabama 35984