Are you looking for a home loan or an opportunity to refinance in Alabama? Below are Alabama mortgage companies who can search a large database of lenders to find the best product for you.
Alabama Loan FactsNon-Community Property State - Since Alabama is a non-community property state, you do NOT need to include the liabilities of your spouse, if you choose to leave them off of the loan.
High Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. Alabama is classified as a high closing cost state due to higher priced title fees. If you are moving to Alabama from another state, be aware of these costs.
Mortgage Tax State - Be aware, the state of Alabama has a tax that is assessed on all mortgages . This tax is $1.50 per $1000 of loan amount.
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