Welcome to the “Heart of Dixie!” Whether you want to call a beachfront home on the Gulf of Mexico home or prefer to be closer to the “Roll Tide” action in Tuscaloosa, American Financing can help! We're a national direct mortgage lender offering competitive Alabama home loans from Mobile to Huntsville, and all points in between.
If you’re looking to buy a home in Alabama, start your mortgage application now, and you can have a pre-approval letter in hand when you’re touring homes!
Already an Alabama homeowner? We can also help with mortgage refinancing!
Alabama mortgage rates and trends
2020 saw national mortgage rates drop to all-time lows in large part due to COVID-19. This resulted in millions of Americans taking advantage of low borrowing costs.
Alabama mortgage rates followed that trend, but are seeing a gradual increase in 2021. That said, rates remain low by historical standards. In fact, regardless of when you took out a mortgage, it's in your best interest to take advantage of a free mortgage review with a trustworthy lender. A lower rate could mean hundreds of dollars in monthly savings.
There are a number of factors that can impact mortgage rates, including debt-to-income ratio, credit scores, and more. That's why it's important to work with a lender who puts your needs first. Let us guide you home through one of our many customizable Alabama home mortgages, including FHA, VA, Conventional, USDA, and more.
Down payment assistance
Alabama home buyers may qualify for down payment assistance. If you’re looking to purchase an Alabama home, let us help you understand what options and grants* are available to you.
Be sure to ask about:
Dream Makers Grant
Forgivable and non-forgivable second mortgages
First-time home buyer incentives
Closing cost assistance
*Actual assistance amount may vary based on purchase city, credit score, and other financial requirements. Down payment assistance programs are at the city and/or state level, and they are not funded by American Financing. A homebuyer education course may need to be completed prior to applying.
Check with your mortgage consultant about funding today!
Refinancing your mortgage
Is your monthly mortgage payment or interest rate too high?
Do you have high-interest debt holding you back?
Do you want to be mortgage-free sooner?
If you answered yes to any of these questions, now is the time to schedule a free mortgage review with one of our Alabama mortgage consultants. Learn about the benefits of mortgage refinancing, and you could be looking at up to $1,000 a month in savings. When working with American Financing, you can choose any loan term you need ten years and over! Just call a mortgage consultant to learn more.
Why American Financing?
We’re a national mortgage lender that’s dedicated to making homeownership affordable. Competitive mortgage rates and no upfront fees are just the beginning. Our dedicated mortgage consultants work hard to customize the right loan program for your financial goals. We're able to complete most of the lending process online, creating an even faster experience for you.
We try to make it memorable, too. After all, this is not just a transaction. We’re always available to answer any mortgage-related questions after closing. We can also help with refinancing to a better rate or to get cash out. So, here’s to the start of a lifelong relationship!
Let’s build your home loan together
Call (800) 910-4055 to connect with an Alabama mortgage consultant. We’ll customize any loan in the industry while offering the best service, lowest rates, and fastest closings. Let us show you how simple the mortgage refinancing or new home purchase process can be!
Use our tool to search thousands of local first-time homebuyer classes by city, state, county, or even primary language spoken. Get contact information for each department all in one place and start your path to homeownership today!
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