Compare Today’s Refinance Rates for Tuscaloosa, Alabama

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Tuscaloosa, Alabama 35487. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Tuscaloosa and other areas of Tuscaloosa county, expected lifetime cash savings are $4,387 or $12 / month.

For Tuscaloosa, Alabama 35487, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

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Summary of Average Refinance Terms in Tuscaloosa, Alabama 35487

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Tuscaloosa, AL 35487, 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 Tuscaloosa, Alabama 35487 from 2012 - 2019

Below are historical data on refinancing in Tuscaloosa, Alabama and around Tuscaloosa 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 Tuscaloosa, Alabama 35487

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Tuscaloosa, Alabama 35487, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

William Sute

Senior Mortgage Banker

2815 University Blvd

Tuscaloosa, AL 35487

(205) 343-7883

bsute@renasant.com

John Merrill

Loan Originator

1300 McFarland Boulevard NE

Tuscaloosa, AL 35487

(205) 887-2787

jmerrill@1stfed.com

Marilyn Willcutt

Loan Officer

1300 Mcfarland Blvd NE Ste 200

Tuscaloosa, AL 35487

(205) 391-6700

MWillcutt@1stfed.com

Janet Walker

Loan Officer

1300 Mcfarland Blvd NE Ste 200

Tuscaloosa, AL 35487

(205) 391-6700

JWalker@1stfed.com

Debbie Ratliff

Loan Officer

1300 Mcfarland Blvd NE Ste 200

Tuscaloosa, AL 35487

(205) 391-6700

DRatliff@1stfed.com

Address

2815 University Blvd

Tuscaloosa, AL

Contact

(205) 343-7883

Fax (301) 639-0804

bsute@renasant.com

Address

1300 McFarland Boulevard NE

Tuscaloosa, AL

Contact

(205) 887-2787

Fax (301) 639-0804

jmerrill@1stfed.com

Address

1300 Mcfarland Blvd NE Ste 200

Tuscaloosa, AL

Contact

(205) 391-6700

Fax (301) 639-0804

MWillcutt@1stfed.com

Refinancing News for Tuscaloosa, Alabama 35487