See ratings for 124 mortgage lenders from the feedback of Alabama homeowners who recently shopped for a home loan. Scores cover application ease, rates, and lender guidance. Find full MFP Home Loan Lenders Community Survey.
Updated: September 2, 2026
<< Human Powered Recommendations from Alabama Home Buyers>
Alabama Best Home Loans Lenders
Hunstville, Birmingham, Montgomery, Mobile, Tuscaloosa, Hoover, Auburn, Dothan, Madison, Decatur, Florence, Prattville, Online lenders.
Alabama Home Loans Lenders Satisfaction
Performance and satisfaction of home purchase loans lenders across Alabama by lenders type.
| Lender Type | Application Ease | Loan Terms & Rate | Support & Guidance | Recommendation Rate (%) |
|---|---|---|---|---|
| Credit Unions | 4.74 | 4.67 | 4.77 | 95% |
| Community Banks | 3.55 | 3.75 | 4.05 | 81% |
| Banks | 4.03 | 4.07 | 4.06 | 88% |
| Online Lenders | 4.20 | 4.00 | 4.23 | 87% |
Recommendations are gathered from 1,588 local Alabamians local members who shopped and requested a home loan mortgage in the past 12 months:
- Loan Application (0 to 5): How easy it is to apply for the home mortgage loan. How fast can it be done. What’s the amount of information asked. How fast do you get an answer for your loan.
- Loan Term& Rate (0 to 5): Are you satisfied with the loan rate offered and loan term available? Are you satisfied with the fees or absence of fees?
- Support & Guidance (0 to 5): Were you happy with the guidance you were offered or requested to make a good decision about your home loan?
- Recommendation (yes/no): Do you recommend this lender after going through the process?
More Info for Alabama Home Buyers:
Mortgage Rates & Tools
Home Loan Mortgage: National purchase rates by credit score, credit union, bank, and online lender.
Alabama Mortgage Rates: Current 30 year fixed rates for Alabama by credit tier.
Home Loan Calculator: Get your monthly payment, interest total, and loan summary.
Home Affordability Calculator: See the max home price your income and debts support.
Loan Programs & Assistance
Alabama Down Payment Assistance Programs: AHFA’s Step Up second mortgage and closing cost grants.
Mortgage Documents Checklist: What you’ll need to apply, including special cases like self-employed and condo buyers.
First-Time Home Buyer Guide: Compares FHA, conventional, VA, and USDA loans side by side.
Loans Calculator: Compare Cost of Heloc, Cash-Out, Home Equity, Renovation Loan.
Homeowner Resources
Alabama Best Home Insurance from Community recommendations & Costs.
Huntsville Best Home Purchase Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Huntsville’s area are Redstone Federal Credit Union, Alabama Credit Union and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Redstone Federal Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| Alabama Credit Union | Credit Union | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| First Federal Bank | Bank | 4.6 | 4.5 | 4.6 | 94% |
| BBVA Compass | Bank | 4.5 | 4.4 | 4.5 | 93% |
| ServisFirst Bank | Bank | 4.4 | 4.3 | 4.4 | 92% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| U.S. Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
| Citibank | Bank | 3.6 | 3.7 | 3.6 | 84% |
| Trustmark National Bank | Bank | 3.5 | 3.6 | 3.5 | 83% |
| Cadence Bank | Bank | 3.4 | 3.5 | 3.4 | 82% |
| Synovus Bank | Bank | 3.3 | 3.4 | 3.3 | 81% |
| First Citizens Bank | Bank | 3.2 | 3.3 | 3.2 | 80% |
Birmingham Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Birmingham’s area are America’s First Federal Credit Union, Regions Bank and BBVA Compass.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| America’s First Federal Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| Regions Bank | Bank | 4.8 | 4.7 | 4.8 | 96% |
| BBVA Compass | Bank | 4.7 | 4.6 | 4.7 | 95% |
| Cadence Bank | Bank | 4.6 | 4.5 | 4.6 | 94% |
| First Federal Bank | Bank | 4.5 | 4.4 | 4.5 | 93% |
| ServisFirst Bank | Bank | 4.4 | 4.3 | 4.4 | 92% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| U.S. Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
| Citibank | Bank | 3.6 | 3.7 | 3.6 | 84% |
| Trustmark National Bank | Bank | 3.5 | 3.6 | 3.5 | 83% |
| Synovus Bank | Bank | 3.4 | 3.5 | 3.4 | 82% |
| First Citizens Bank | Bank | 3.3 | 3.4 | 3.3 | 81% |
| Alabama Credit Union | Credit Union | 3.2 | 3.3 | 3.2 | 80% |
Montgomery Best Home Loans Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Montgomery’s area are MAX Credit Union, Guardian Credit Union and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| MAX Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| Guardian Credit Union | Credit Union | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| First Federal Bank | Bank | 4.6 | 4.5 | 4.6 | 94% |
| BBVA Compass | Bank | 4.5 | 4.4 | 4.5 | 93% |
| ServisFirst Bank | Bank | 4.4 | 4.3 | 4.4 | 92% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| U.S. Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
| Citibank | Bank | 3.6 | 3.7 | 3.6 | 84% |
| Trustmark National Bank | Bank | 3.5 | 3.6 | 3.5 | 83% |
| Cadence Bank | Bank | 3.4 | 3.5 | 3.4 | 82% |
| Synovus Bank | Bank | 3.3 | 3.4 | 3.3 | 81% |
| First Citizens Bank | Bank | 3.2 | 3.3 | 3.2 | 80% |
Mobile Best Home Loans Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Mobile’s area are Infinity Federal Credit Union, Alabama Credit Union and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Infinity Federal Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| Alabama Credit Union | Credit Union | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| First Federal Bank | Bank | 4.6 | 4.5 | 4.6 | 94% |
| BBVA Compass | Bank | 4.5 | 4.4 | 4.5 | 93% |
| ServisFirst Bank | Bank | 4.4 | 4.3 | 4.4 | 92% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| U.S. Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
| Citibank | Bank | 3.6 | 3.7 | 3.6 | 84% |
| Trustmark National Bank | Bank | 3.5 | 3.6 | 3.5 | 83% |
| Cadence Bank | Bank | 3.4 | 3.5 | 3.4 | 82% |
| Synovus Bank | Bank | 3.3 | 3.4 | 3.3 | 81% |
| First Citizens Bank | Bank | 3.2 | 3.3 | 3.2 | 80% |
Tuscaloosa Best Home Loans Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Tuscaloosa’s area are Bryant Bank, Alabama Credit Union, and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Bryant Bank | Community Bank | 4.5 | 4.7 | 5.0 | 95% |
| Alabama Credit Union | Credit Union | 4.3 | 4.5 | 4.8 | 92% |
| Regions Bank | Bank | 4.1 | 4.3 | 4.6 | 90% |
| Cadence Bank | Bank | 4.0 | 4.2 | 4.5 | 88% |
| First Federal Bank (AL) | Community Bank | 3.9 | 4.1 | 4.4 | 87% |
| Trustmark Bank | Bank | 3.8 | 4.0 | 4.3 | 85% |
| ServisFirst Bank | Bank | 3.7 | 3.9 | 4.2 | 83% |
| First Citizens Bank | Bank | 3.6 | 3.8 | 4.1 | 82% |
| West Alabama Bank & Trust | Community Bank | 3.5 | 3.7 | 4.0 | 80% |
| Bank of Tuscaloosa | Community Bank | 3.4 | 3.6 | 3.9 | 78% |
| Pinnacle Bank | Bank | 3.3 | 3.5 | 3.8 | 76% |
| FirstBank | Bank | 3.2 | 3.4 | 3.7 | 75% |
| Community Bank & Trust (AL) | Community Bank | 3.1 | 3.3 | 3.6 | 74% |
| Renasant Bank | Bank | 3.0 | 3.2 | 3.5 | 72% |
| First US Bank | Community Bank | 2.9 | 3.1 | 3.4 | 70% |
Hoover Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Hoover’s area are America’s First Federal Credit Union, Cadence Bank and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| America’s First Federal Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| Cadence Bank | Bank | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| BBVA Compass | Bank | 4.6 | 4.5 | 4.6 | 94% |
| ServisFirst Bank | Bank | 4.5 | 4.4 | 4.5 | 93% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| U.S. Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
| Trustmark National Bank | Bank | 3.6 | 3.7 | 3.6 | 84% |
Auburn Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Auburn’s area are Auburn University Federal Credit Union, First Federal Bank and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Auburn University Federal Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| First Federal Bank | Bank | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| BBVA Compass | Bank | 4.6 | 4.5 | 4.6 | 94% |
| ServisFirst Bank | Bank | 4.5 | 4.4 | 4.5 | 93% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| U.S. Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
| Trustmark National Bank | Bank | 3.6 | 3.7 | 3.6 | 84% |
Dothan Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Dothan’s area are Dothan Federal Credit Union, First Federal Bank and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Dothan Federal Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| First Federal Bank | Bank | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| BBVA Compass | Bank | 4.6 | 4.5 | 4.6 | 94% |
| ServisFirst Bank | Bank | 4.5 | 4.4 | 4.5 | 93% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| U.S. Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
| Trustmark National Bank | Bank | 3.6 | 3.7 | 3.6 | 84% |
Madison Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Madison’s area are Redstone Federal Credit Union, First Federal Bank and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Redstone Federal Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| First Federal Bank | Bank | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| BBVA Compass | Bank | 4.6 | 4.5 | 4.6 | 94% |
| ServisFirst Bank | Bank | 4.5 | 4.4 | 4.5 | 93% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| U.S. Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
| Trustmark National Bank | Bank | 3.6 | 3.7 | 3.6 | 84% |
Decatur Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Decatur’s area are Decatur Federal Credit Union, First Federal Bank and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| Decatur Federal Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| First Federal Bank | Bank | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| BBVA Compass | Bank | 4.6 | 4.5 | 4.6 | 94% |
| ServisFirst Bank | Bank | 4.5 | 4.4 | 4.5 | 93% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| U.S. Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
| Trustmark National Bank | Bank | 3.6 | 3.7 | 3.6 | 84% |
Florence Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Florence’s area are North Alabama Educators Credit Union, First Federal Bank and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| North Alabama Educators Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| First Federal Bank | Bank | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| BBVA Compass | Bank | 4.6 | 4.5 | 4.6 | 94% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| Trustmark National Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
Prattville Best Home Loan Lenders
MFP’s Community Lenders Survey most recommended home purchase lenders in Prattville’s area are MAX Credit Union, First Federal Bank and Regions Bank.
| Lenders | Type | Easy Application | Loan Terms & Rate | Support & Guidance | Recommend % |
|---|---|---|---|---|---|
| MAX Credit Union | Credit Union | 4.9 | 4.8 | 4.9 | 97% |
| First Federal Bank | Bank | 4.8 | 4.7 | 4.8 | 96% |
| Regions Bank | Bank | 4.7 | 4.6 | 4.7 | 95% |
| BBVA Compass | Bank | 4.6 | 4.5 | 4.6 | 94% |
| Bank of America | Bank | 4.0 | 4.1 | 4.0 | 88% |
| Wells Fargo | Bank | 3.9 | 4.0 | 3.9 | 87% |
| Chase Bank | Bank | 3.8 | 3.9 | 3.8 | 86% |
| Trustmark National Bank | Bank | 3.7 | 3.8 | 3.7 | 85% |
Alabama Best Online Home Loan Lenders
MFP’s Home Purchase Lenders Survey: Top online home purchase lenders for Alabama residents are Rocket Mortgage, NFM Lending, and LoanSimple.
| Lender | Loan Amounts | APR Range | Loan Terms | Easy Application | Rate Satisfaction | Support & Guidance | Recommend % |
|---|---|---|---|---|---|---|---|
| Rocket Mortgage | Up to $3M | 6.25% – 8.50% | 8/15/20/30 | 5.0 | 4.5 | 4.5 | 94% |
| NFM Lending | Up to $1.5M | 6.10% – 8.40% | 15/20/30 | 4.5 | 4.5 | 4.5 | 92% |
| LoanSimple | Up to $1M | 6.20% – 8.30% | 15/20/30 | 4.5 | 4.0 | 4.5 | 89% |
| Guaranteed Rate | Up to $3M | 6.15% – 8.45% | 10/15/20/30 | 4.0 | 4.0 | 4.0 | 86% |
| New American Funding | Up to $2M | 6.25% – 8.75% | 15/30 | 4.0 | 3.5 | 4.5 | 85% |
| Movement Mortgage | Up to $2.5M | 6.00% – 8.20% | 15/30 | 4.5 | 4.0 | 4.5 | 88% |
| Guild Mortgage | Up to $1.5M | 6.10% – 8.50% | 15/20/30 | 4.0 | 4.0 | 4.0 | 85% |
| CrossCountry Mortgage | Up to $2M | 6.30% – 8.80% | 15/30 | 4.0 | 3.5 | 4.0 | 84% |
| AmeriSave | Up to $1.5M | 6.20% – 8.60% | 15/30 | 4.5 | 4.0 | 4.0 | 86% |
| Flagstar Bank | Up to $3M | 6.10% – 8.40% | 15/20/30 | 4.0 | 4.0 | 4.0 | 85% |
| loanDepot | Up to $2M | 6.25% – 8.70% | 15/30 | 4.0 | 3.5 | 4.0 | 83% |
| Alabama ONE Credit Union | Up to $1M | 5.75% – 7.75% | 15/30 | 4.0 | 4.5 | 4.5 | 87% |
| Redstone Federal Credit Union | Up to $750K | 5.90% – 7.90% | 15/30 | 4.0 | 4.0 | 4.5 | 86% |
| First Community Bank of Alabama | Up to $1M | 6.00% – 8.00% | 15/30 | 4.0 | 4.0 | 4.0 | 84% |
| ServisFirst Bank | Up to $1.5M | 6.00% -8 .25% | 15/30 | 4.0 | 4.0 | 4.0 | 85% |
Current Alabama Mortgage Rates –
Find community reported home purchase rates by Alabama homebuyers (rates are average APR).
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 7.42% | 7.47% | 7.52% | |
| Texas | 7.36% | 7.41% | 7.46% | |
| Credit Unions | 6.96% | 7.01% | 7.16% | 8.8/10 |
| Online lenders | 7.06% | 7.11% | 7.26% | 8.2/10 |
| Banks | 7.36% | 7.41% | 7.46% | 8.3/10 |
| 30 year fixed | 7.36% | 7.41% | 7.46% | |
| 30 year fixed FHA | 6.09% | 6.14% | 6.19% | |
| 30 year fixed VA | 7.14% | 7.19% | 7.24% | |
| 30 year fixed Jumbo | 7.59% | 7.97% | 8.16% | |
| 20 year fixed | 7.22% | 7.27% | 7.32% | |
| 15 year fixed | 6.70% | 6.75% | 6.80% | |
| 10 year fixed | 6.54% | 6.59% | 6.64% | |
| 3 year ARM | 7.53% | 7.58% | 7.63% | |
| 5 year ARM | 7.16% | 7.21% | 7.26% | |
| 7 year ARM | 6.81% | 6.86% | 6.91% | |
| 10 year ARM | 7.38% | 7.43% | 7.48% | |
| Satisfaction | 9.0/10 | 8.1/10 | 7.4/10 |
Source: MFP’s Community Home Purchase Rates Survey from the last 30 days.
