Jacksonville, AL Mortgage Rates and Refinance Rates

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

Search and Compare Jacksonville, AL Mortgage Rates & Refinance Rates

Jacksonville, Alabama Conforming Mortgage Rates and Refinance Rates

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

Jumbo Mortgage Rates and Refinance Rates in Jacksonville, Alabama

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

Jacksonville, Alabama Fixed Mortgage Rates and Fixed Refinance Rates

Jacksonville, 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.

Jacksonville, Alabama Adjustable Mortgage Rates

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

Google Map for Jacksonville, AL Rates & Resources

Jacksonville FDIC Insured Banks

Bank Name

FDIC Cert Number


Cheaha Bank

35514 1500 Pelham Road South, Jacksonville, AL 36265

Compass Bank

19048 817 South Pelham Road, Jacksonville, AL 36265

Farmers and Merchants Bank

1735 1130 South Pelham Road, Jacksonville, AL 36265

Regions Bank

12368 100 North Pelham Road, Jacksonville, AL 36265

Wells Fargo Bank, National Association

3511 1527 Pelham Road South, Jacksonville, AL 36265