Phenix City, AL Mortgage Rates and Refinance Rates

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

Search and Compare Phenix City, AL Mortgage Rates & Refinance Rates



Phenix City, Alabama Conforming Mortgage Rates and Refinance Rates

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

Jumbo Mortgage Rates and Refinance Rates in Phenix City, Alabama

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

Phenix City, Alabama Fixed Mortgage Rates and Fixed Refinance Rates

Phenix City, 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.

Phenix City, Alabama Adjustable Mortgage Rates

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



Google Map for Phenix City, AL Rates & Resources


Phenix City FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

AuburnBank

35 3700 U.S. Hwy 431 N, Phenix City, AL 36867

Branch Banking and Trust Company

9846 1200 280 Bypass, Phenix City, AL 36867

Branch Banking and Trust Company

9846 1201 Broad Street, Phenix City, AL 36867

Phenix-Girard Bank

41 1803 Stadium Drive, Phenix City, AL 36867

Phenix-Girard Bank

41 3650 Highway 280/431, Phenix City, AL 36867

Phenix-Girard Bank

41 8th Avenue And 13th Street, Phenix City, AL 36867

Phenix-Girard Bank

41 U.S. Highway 280 By-Pass & 23rd Ave., Phenix City, AL 36867

Regions Bank

12368 1200 Broad Street, Phenix City, AL 36867

Regions Bank

12368 3548 280/431 Bypass, Phenix City, AL 36867

Synovus Bank

873 1000 13th Street, Phenix City, AL 36868

Synovus Bank

873 1806 Stadium Drive, Phenix City, AL 36867

Synovus Bank

873 3726 Highway 280/431 North, Phenix City, AL 36867

Synovus Bank

873 3908 U.S. Hwy 80, Phenix City, AL 36870

Wells Fargo Bank, National Association

3511 1014 U.S. Highway 280 By-Pass, Phenix City, AL 36867

Wells Fargo Bank, National Association

3511 616 13th Street, Phenix City, AL 36867