Northport, AL Mortgage Rates and Refinance Rates

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

Search and Compare Northport, AL Mortgage Rates & Refinance Rates



Northport, Alabama Conforming Mortgage Rates and Refinance Rates

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

Jumbo Mortgage Rates and Refinance Rates in Northport, Alabama

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

Northport, Alabama Fixed Mortgage Rates and Fixed Refinance Rates

Northport, 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.

Northport, Alabama Adjustable Mortgage Rates

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



Google Map for Northport, AL Rates & Resources


Northport FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Branch Banking and Trust Company

9846 120 Mcfarland Blvd, Northport, AL 35476

Bryant Bank

57997 2001 Lurleen Wallace Boulevard, Northport, AL 35476

Cadence Bank, N.A.

4999 3100 Mcfarland Boulevard West, Northport, AL 35476

Capstone Bank

22769 2000 Lurleen B. Wallace Boulevard, Northport, AL 35476

Compass Bank

19048 1400 Mcfarland Boulevard, Northport, AL 35476

First National Bank of Central Alabama

19468 54 Mcfarland Boulevard, Northport, AL 35476

First State Bank of the South, Inc.

21050 5520 Mcfarland Boulevard, Northport, AL 35476

RBC Bank (USA)

33184 3076 Mcfarland Boulevard, Northport, AL 35476

Regions Bank

12368 2001 Lurlene Wallace Boulevard, Northport, AL 35476

Synovus Bank

873 3068 Mcfarland Boulevard (A/K/a Highway 82), Northport, AL 35476

Wells Fargo Bank, National Association

3511 2200 Highway 82 West, Northport, AL 35476

West Alabama Bank & Trust

16175 31 Mcfarland Boulevard, Northport, AL 35476