Compare Today’s Refinance Rates for Tuscaloosa, Alabama

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Tuscaloosa, Alabama 35401. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Tuscaloosa and surrounding areas of Tuscaloosa county, your expected lifetime cash savings are $5,489 or $15 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Tuscaloosa, Alabama 35401.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Tuscaloosa, Alabama 35401

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Tuscaloosa, AL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Tuscaloosa, AL 35401, 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.

Local Refinance Rates for Tuscaloosa, AL

Refinance Rates for Tuscaloosa, Alabama 35401 from 2013 - 2020

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 35401

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Tuscaloosa, Alabama 35401, 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 35401

(205) 343-7883

bsute@renasant.com

John Merrill

Loan Originator

1300 McFarland Boulevard NE

Tuscaloosa, AL 35401

(205) 887-2787

jmerrill@1stfed.com

Marilyn Willcutt

Loan Officer

1300 Mcfarland Blvd NE Ste 200

Tuscaloosa, AL 35401

(205) 391-6700

MWillcutt@1stfed.com

Janet Walker

Loan Officer

1300 Mcfarland Blvd NE Ste 200

Tuscaloosa, AL 35401

(205) 391-6700

JWalker@1stfed.com

Debbie Ratliff

Loan Officer

1300 Mcfarland Blvd NE Ste 200

Tuscaloosa, AL 35401

(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 35401