Greenville, AL Mortgage Rates and Refinance Rates

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

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Greenville, Alabama Conforming Mortgage Rates and Refinance Rates

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

Jumbo Mortgage Rates and Refinance Rates in Greenville, Alabama

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

Greenville, Alabama Fixed Mortgage Rates and Fixed Refinance Rates

Greenville, 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.

Greenville, Alabama Adjustable Mortgage Rates

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



Google Map for Greenville, AL Rates & Resources


Greenville FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

BancorpSouth Bank

11813 1028 Fort Dale Road, Greenville, AL 36037

BankTrust

26607 122 Greenville Bypass, Greenville, AL 36037

BankTrust

26607 300-314 East Commerce Street, Greenville, AL 36037

Branch Banking and Trust Company

9846 120 Greenville Bypass, Greenville, AL 36037

First Citizens Bank

23152 475 Greenville Bypass, Greenville, AL 36037

The Camden National Bank

2787 281 Greenville Bypass, Greenville, AL 36037

Whitney National Bank

18538 100 West Commerce Street, Greenville, AL 36037

Whitney National Bank

18538 109 Greenville By-Pass, Greenville, AL 36037