Home Mortgage Loan Ratesin Alabama

Planning on purchasing a new home? If you are a veteran, active duty personnel, or a reservist, VA Loans allow you to buy a home without having to make a down payment and no monthly mortgage insurance premium to pay. Use ERATE®'s rate chart to compare today's top rates in Alabama and find a lender that's the best fit for you. We recommend that you reach out to at least 2 to 3 mortgage lenders for your home loan to ensure you get the best rate and pricing.

(Last Updated: 05/21/2025)
Lender
APR
Rate
Payment
Points
Fees
Loan Type
Contact details
6.209% APR 6.000% Rate 30 day rate lock $1,919 Payment per month
0.697 Points$2,230 Points Fee
$7,294 Total Fees$5,064 Lender Fees
 30 Years FixedVA Loan
6.353% APR 6.125% Rate 45 day rate lock $1,945 Payment per month
0.875 Points$2,800 Points Fee
$7,795 Total Fees$4,995 Lender Fees
 30 Years FixedVA Loan
6.720% APR 6.490% Rate 30 day rate lock $2,021 Payment per month
0.937 Points$2,998 Points Fee
$7,698 Total Fees$4,700 Lender Fees
 30 Years FixedVA Loan
6.939% APR 6.750% Rate 30 day rate lock $2,076 Payment per month
0.697 Points$2,230 Points Fee
$6,230 Total Fees$4,000 Lender Fees
 30 Years FixedVA Loan
PenFed membership is open to everyone, including you.
$0 down payment for Veterans homebuying with a VA Loan
0% down payment USDA Loan options
As low as 0% down options & down payment assistance
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Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.
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