Prattville, AL Mortgage Rates and Refinance Rates

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

Search and Compare Prattville, AL Mortgage Rates & Refinance Rates



Prattville, Alabama Conforming Mortgage Rates and Refinance Rates

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

Jumbo Mortgage Rates and Refinance Rates in Prattville, Alabama

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

Prattville, Alabama Fixed Mortgage Rates and Fixed Refinance Rates

Prattville, 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.

Prattville, Alabama Adjustable Mortgage Rates

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



Google Map for Prattville, AL Rates & Resources


Prattville FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Amerifirst Bank

2838 1799 Highway 14 East, Prattville, AL 36066

BankTrust

26607 148 East Main Street, Prattville, AL 36067

BankTrust

26607 1916 Cobbs Ford Road, Prattville, AL 36066

Branch Banking and Trust Company

9846 1798 Highway 14 East, Prattville, AL 36066

Branch Banking and Trust Company

9846 704 East Main Street, Prattville, AL 36067

Community Bank and Trust - Alabama

32968 2177 Highway 14 East, Prattville, AL 36066

First Community Bank of Central Alabama

57124 1761 East Main Street, Prattville, AL 36068

First Community Bank of Central Alabama

57124 211 Highway 82 Bypass W, Prattville, AL 36067

RBC Bank (USA)

33184 1882 E. Main Street, Prattville, AL 36066

Regions Bank

12368 1805 Highway 14e, Prattville, AL 36066

Regions Bank

12368 1901 East Main Street, Prattville, AL 36067

Regions Bank

12368 744 East Main Street, Prattville, AL 36067

River Bank & Trust

58255 2611 Legends Drive, Prattville, AL 36066

Synovus Bank

873 2005 Cobbs Ferry Road, Prattville, AL 36066

Wells Fargo Bank, National Association

3511 2783 Legends Pkwy, Prattville, AL 36066

Whitney National Bank

18538 124 West Main Street, Prattville, AL 36067

Whitney National Bank

18538 1881 East Main Street, Prattville, AL 36066