Enterprise, AL Mortgage Rates and Refinance Rates

Mortgages in Enterprise, AL: Find the best Enterprise, AL mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Enterprise, 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 Enterprise, AL. Another option is searching for Enterprise, 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 Enterprise, AL mortgage rates or refinance rates.

Search and Compare Enterprise, AL Mortgage Rates & Refinance Rates



Enterprise, Alabama Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Enterprise, AL are the most popular type of mortgages rates you can find advertised for home buyers in Enterprise, 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. Enterprise, 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 Enterprise, AL banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Enterprise, AL conforming mortgage rates and refi rates lower than Enterprise, AL jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Enterprise, AL home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Enterprise, Alabama

Jumbo mortgage rates in Enterprise, 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 Enterprise, AL and adjustable mortgage rates in Enterprise, AL. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Enterprise, AL make.

Enterprise, Alabama Fixed Mortgage Rates and Fixed Refinance Rates

Enterprise, 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.

Enterprise, Alabama Adjustable Mortgage Rates

Adjustable Enterprise, 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 Enterprise, 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 Enterprise, AL. Most adjustable mortgages in Enterprise, AL have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for Enterprise, AL Rates & Resources


Enterprise FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Branch Banking and Trust Company

9846 201 South Edwards Street, Enterprise, AL 36330

Regions Bank

12368 110 East College Street, Enterprise, AL 36330

Regions Bank

12368 621 Boll Weevil Circle, Enterprise, AL 36330

SunSouth Bank

18600 206 East Grubbs Street, Enterprise, AL 36330

Synovus Bank

873 901 North Boll Weevil Cir, Enterprise, AL 36330

The Citizens Bank

16369 1905 Glover Avenue, Enterprise, AL 36330

The Citizens Bank

16369 301 South Edwards Street, Enterprise, AL 36330

The Citizens Bank

16369 301 South Main Street, Enterprise, AL 36330

Troy Bank & Trust Company

5598 1110 North Boll Weevil Circle, Suite C, Enterprise, AL 36330

Wells Fargo Bank, National Association

3511 306 South Main Street, Enterprise, AL 36330

Wells Fargo Bank, National Association

3511 619 Boll Weevil Circle, Enterprise, AL 36330