Daphne, AL Mortgage Rates and Refinance Rates

Mortgages in Daphne, AL: Find the best Daphne, AL mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Daphne, AL, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Daphne, AL. Another option is searching for Daphne, AL refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Daphne, AL mortgage rates or refinance rates.

Search and Compare Daphne, AL Mortgage Rates & Refinance Rates



Daphne, Alabama Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Daphne, AL are the most popular type of mortgages rates you can find advertised for home buyers in Daphne, AL. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Daphne, AL mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Daphne, AL banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Daphne, AL conforming mortgage rates and refi rates lower than Daphne, AL jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Daphne, AL home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Daphne, Alabama

Jumbo mortgage rates in Daphne, AL are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Daphne, AL and adjustable mortgage rates in Daphne, AL. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Daphne, AL make.

Daphne, Alabama Fixed Mortgage Rates and Fixed Refinance Rates

Daphne, AL fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Daphne, Alabama Adjustable Mortgage Rates

Adjustable Daphne, AL mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Daphne, AL are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Daphne, AL. Most adjustable mortgages in Daphne, AL have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for Daphne, AL Rates & Resources


Daphne FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

BankTrust

26607 2507 U. S. Highway 98, Daphne, AL 36526

Bay Bank

34872 28600 Highway 98 Suite J, Daphne, AL 36526

Branch Banking and Trust Company

9846 28664 Highway 98, Daphne, AL 36526

Bryant Bank

57997 1801 Us Highway 98, Daphne, AL 36526

Community Bank, National Association

20329 2101 Unit K, Hwy 98, Daphne, AL 36526

Compass Bank

19048 28000 Ushwy 98, Daphne, AL 36526

First Community Bank

14720 25777 Us Highway 98, Daphne, AL 36526

First National Bank of Baldwin County

57181 1415 Highway 98, Daphne, AL 36526

Hancock Bank of Alabama

58510 27397 U. S. Highway 98, Daphne, AL 36526

Hancock Bank of Alabama

58510 30723 State Highway 181, Daphne, AL 36526

RBC Bank (USA)

33184 2211 Highway 98, Daphne, AL 36526

RBC Bank (USA)

33184 28770 U.S. Highway 98, Daphne, AL 36526

Regions Bank

12368 1439 Us Hwy 98, Daphne, AL 36526

Regions Bank

12368 28509 Highway 98, Daphne, AL 36526

Regions Bank

12368 30083 Woodrow Land, Daphne, AL 36526

Synovus Bank

873 7050 U.S. Highway 90, Daphne, AL 36526

Vision Bank

5668 28720 Us Hwy 98, Daphne, AL 36526

Wells Fargo Bank, National Association

3511 2535 Highway 98, Daphne, AL 36526

Whitney National Bank

18538 1712 Highway 98, Daphne, AL 36526