Compare Today’s Mortgage Rates for Satsuma, Alabama

Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Satsuma, Alabama 36572. 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 $4,953 or $14 / month in Satsuma and other areas of Mobile county.

Our search engine explores all home mortgage options in Satsuma, Alabama 36572, 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 Satsuma, Alabama 36572

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 Satsuma, AL 36572, 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 Satsuma, Alabama 36572 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Satsuma, 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 Satsuma, Alabama 36572

If you’re looking to buy a new home in Satsuma, we have compiled a list of the leading mortgage brokers around Satsuma, Alabama 36572 to help you with your search.

Name
Address
Contact

Community Loans of America

5523 Highway 43

Satsuma AL 36572

(251) 675-1783

World Acceptance

15 Shelton Beach Rd

Saraland AL 36572

(251) 442-0992

http://www.worldacceptance.com/

TitleMax Title Loans

315-C US Highway 43

Saraland AL 36572

(251) 675-7973

webinquiries@titlemax.com

OneMain Financial

5-A Highway 43 S

Saraland AL 36572

(251) 675-4643

wecare@afsindia.com

Title Cash

209 Saraland Blvd N

Saraland AL 36572

(251) 679-3249

contactus@titlecash.com

Address

5523 Highway 43

Satsuma AL

Contact

(251) 675-1783

Address

15 Shelton Beach Rd

Saraland AL

Contact

(251) 442-0992

http://www.worldacceptance.com/

Address

315-C US Highway 43

Saraland AL

Contact

(251) 675-7973

webinquiries@titlemax.com

News on Mortgages and Reverse Mortgages for Satsuma, Alabama 36572