Compare Today’s Refinance Rates for Birmingham, Alabama
Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Birmingham, Alabama 35299. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Birmingham and surrounding areas of Bibb county, your expected lifetime cash savings are $4,387 or $12 / month.
Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Birmingham, Alabama 35299.
No suitable program is found
Summary of Average Refinance Terms in Birmingham, Alabama 35299
Become a certified mortgage expert on Pureloan.com
in Birmingham, Alabama 35299
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive and Personalized Mortage Rates Analysis
For refinance rate forecasts and predictions in Birmingham, AL 35299, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.
Refinance Rates for Birmingham, Alabama 35299 from 2012 - 2019
Below are historical data on refinancing in Birmingham, Alabama and around Bibb county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|
| % 30 year fixed refinance | 56.28% | 51.58% | 42.72% | 54.92% | 59.49% | 59.26% | 53.29% | 62.00% |
| avg refi rate | 4.78% | 4.47% | 3.78% | 3.73% | 4.45% | 4.09% | 3.87% | 3.98% |
| % 15 year fixed refinance | 29.44% | 37.89% | 45.07% | 34.09% | 31.65% | 26.67% | 37.50% | 26.00% |
| avg refi rate | 4.20% | 3.71% | 3.23% | 2.94% | 3.49% | 3.19% | 3.07% | 3.32% |
| Avg credit score | 763.08 | 761.78 | 766.51 | 758.02 | 750.81 | 758.30 | 760.34 | 744.68 |
| Avg LTV (loan to value) | 65.16% | 66.05% | 68.24% | 69.77% | 72.24% | 74.77% | 73.84% | 70.28% |
| Avg DTI (debt to income) | 28.25 | 28.83 | 26.86 | 27.05 | 28.78 | 29.62 | 27.33 | 32.16 |
| Avg refinance insurance % | 1.76% | 1.92% | 3.38% | 5.01% | 5.68% | 6.69% | 6.51% | 4.64% |
Data produced from the Financial Report of the US Government
Best Refinance Brokers Around Birmingham, Alabama 35299
Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Birmingham, Alabama 35299, we have compiled a list of the leading refinance brokers to guide you.
Troy Turnage
Branch Manager
26148 Capital Dr., Ste. J
Birmingham, AL 35299
(251) 270-2751
troy.turnage@gatewayloan.com
Kristie Trizzino
Loan Originator
26148 Capital Dr., Ste. J
Birmingham, AL 35299
(251) 270-2751
kristie.trizzino@gatewayloan.com
Stephen-Michael Washington
Loan Officer
3500 Blue Lake Drive Suite 325
Birmingham, AL 35299
(866) 342-5178
swashington@firstbankonline.com
Misty Sizemore
Loan Officer
3500 Blue Lake Drive Suite 325
Birmingham, AL 35299
(205) 903-9898
msizemore@firstbankonline.com
Lisa Newton
Loan Officer
3500 Blue Lake Drive Suite 325
Birmingham, AL 35299
(205) 527-2364
lnewton@firstbankonline.com
Address
26148 Capital Dr., Ste. J
Birmingham, AL
Contact
(251) 270-2751
Fax (301) 639-0804
troy.turnage@gatewayloan.com
Address
26148 Capital Dr., Ste. J
Birmingham, AL
Contact
(251) 270-2751
Fax (301) 639-0804
kristie.trizzino@gatewayloan.com
Address
3500 Blue Lake Drive Suite 325
Birmingham, AL
Contact
(866) 342-5178
Fax (301) 639-0804
swashington@firstbankonline.com