Compare Today’s Mortgage Rates for Mount Vernon, Alabama
Pureloan searches mortgage lenders and major banks in Mount Vernon, Alabama 36560 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 $4,620 or $13 / month is expected in Mount Vernon and other areas of Mobile county.
Pureloan’s search engine explores all home mortgage options in Mount Vernon, Alabama 36560, 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 Mount Vernon, Alabama 36560
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 Mount Vernon, AL 36560, 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 Mount Vernon, Alabama 36560 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Mount Vernon, Alabama and around Mobile 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 Mount Vernon, Alabama 36560
If you’re looking to buy a new home in Mount Vernon, we have compiled a list of the leading mortgage brokers around Mount Vernon, Alabama 36560 to help you with your search.
Name
Address
Contact
Regions Mortgage
4100 Orange Beach Blvd
Orange Beach AL 36560
(251) 981-1189
http://regions.com/mortgage.rf
Gulfwide Mortgage
27267 Perdido Beach Blvd
Orange Beach AL 36560
(251) 974-3520
patti@sanroccay.com
Mortgage Executives Of Alabama
24695 Canal Rd
Orange Beach AL 36560
(251) 980-1565
Hamilton Hudson Mortgage
24039 Perdido Beach Blvd
Orange Beach AL 36560
(251) 974-3245
islandretreat@gulftel.com
Supreme Lending Orange Beach
25910 Canal Rd
Orange Beach AL 36560
(251) 298-5317
Address
4100 Orange Beach Blvd
Orange Beach AL
Contact
(251) 981-1189
http://regions.com/mortgage.rf
Address
27267 Perdido Beach Blvd
Orange Beach AL
Contact
(251) 974-3520
patti@sanroccay.com
Address
24695 Canal Rd
Orange Beach AL
Contact
(251) 980-1565