Compare Today’s Mortgage Rates for Waterloo, Alabama
Pureloan searches major banks and mortgage lenders finding the best mortgage rates in Waterloo, Alabama 35677. 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 $3,549 or $10 / month in Waterloo and other areas of Lauderdale county.
Our search engine explores all home mortgage options in Waterloo, Alabama 35677, 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 Waterloo, Alabama 35677
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 Waterloo, AL 35677, 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 Waterloo, Alabama 35677 from 2012 - 2019
We have compiled mortgage rate charts for home loans in Waterloo, Alabama and around Lauderdale 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 Waterloo, Alabama 35677
If you’re looking to buy a new home in Waterloo, we have compiled a list of the leading mortgage brokers around Waterloo, Alabama 35677 to help you with your search.
Name
Address
Contact
Home Mortgage Of America
3810 Sullivan St
Madison AL 35677
(256) 551-0797
W R Starkey Mortgage
8089 Highway 72 W
Madison AL 35677
(256) 721-2433
smlinfo@sml.state.tx.us
TitleMax Title Loans
8591 Madison Blvd
Madison AL 35677
(256) 772-1705
webinquiries@titlemax.com
Capital Mortgage
8840 Madison Blvd
Madison AL 35677
(256) 461-1099
Check 'n Go
97 Hughes Rd
Madison AL 35677
(256) 772-5394
comments@checkngo.com
Address
3810 Sullivan St
Madison AL
Contact
(256) 551-0797
Address
8089 Highway 72 W
Madison AL
Contact
(256) 721-2433
smlinfo@sml.state.tx.us
Address
8591 Madison Blvd
Madison AL
Contact
(256) 772-1705
webinquiries@titlemax.com