Trussville, AL Mortgage Rates and Refinance Rates

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

Search and Compare Trussville, AL Mortgage Rates & Refinance Rates



Trussville, Alabama Conforming Mortgage Rates and Refinance Rates

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

Jumbo Mortgage Rates and Refinance Rates in Trussville, Alabama

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

Trussville, Alabama Fixed Mortgage Rates and Fixed Refinance Rates

Trussville, 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.

Trussville, Alabama Adjustable Mortgage Rates

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



Google Map for Trussville, AL Rates & Resources


Trussville FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Bryant Bank

57997 137 Main Street, Trussville, AL 35173

Compass Bank

19048 5990 Chalkville Mountain Road, Trussville, AL 35173

Pinnacle Bank

29548 2064 Gadsden Highway, Trussville, AL 35173

RBC Bank (USA)

33184 115 N. Chalkville Road, Trussville, AL 35173

Regions Bank

12368 193 Main Street, Trussville, AL 35173

Regions Bank

12368 429 Main Street, Trussville, AL 35173

Regions Bank

12368 6685 Old Springville Road, Trussville, AL 35173

SouthPoint Bank

58088 7260 Gadsden Highway, Trussville, AL 35173

Synovus Bank

873 109 South Chalkville Road, Trussville, AL 35173

Union State Bank

5602 305 Main Street, Trussville, AL 35173