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Carrollton, AL

The Best Mortgage Lenders in Carrollton, AL

Compare verified mortgage lenders serving Carrollton, Alabama. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
639+
Reviews
10
Loan Types

Available Loan Programs in Carrollton

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
Construction-to-Permanent
HELOC
First-time Homebuyer

Featured Mortgage Lenders

1

Renasant Bank Mortgage

Renasant Bank

★★★★☆
4.8/5

Renasant Bank stands out as one of Alabama's most established and trusted mortgage lenders with deep roots in West Alabama. While based in Tuscaloosa (approximately 40 minutes from Carrollton), they actively serve Pickens County residents with personalized mortgage solutions. Their exceptional 4.8 rating reflects consistent customer satisfaction, competitive rates, and local decision-making authority. Renasant offers the full spectrum of loan products including USDA loans particularly valuable for rural areas like Carrollton, and their community bank approach ensures personalized service from loan officers who understand local market conditions.

Experience:118 years
Reviews:185 customer reviews
2201 6th Street, Tuscaloosa, AL 35401

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
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2

Bryant Bank Mortgage

Bryant Bank

★★★★☆
4.7/5

Bryant Bank has built an outstanding reputation throughout West Alabama for exceptional mortgage lending services and community-focused banking. Serving Carrollton and surrounding Pickens County areas, they combine competitive rates with personalized customer service that has earned them numerous local awards. Their mortgage team specializes in both purchase and refinance loans with particular expertise in construction lending, making them ideal for Carrollton residents building new homes. The bank's strong local presence and decision-making capabilities ensure efficient loan processing and closing.

Experience:16 years
Reviews:142 customer reviews
2300 McFarland Boulevard, Tuscaloosa, AL 35406

Loan Types:

ConventionalFHAVAUSDAConstruction-to-PermanentRefinance
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3

Regions Mortgage

Regions Bank

★★★★☆
4.6/5

Regions Mortgage provides comprehensive home lending services to Carrollton residents through their strong West Alabama network. As one of the South's largest financial institutions with deep Alabama roots, they offer competitive mortgage products specifically designed for Alabama homebuyers. Their experienced loan officers provide personalized guidance through the entire mortgage process, with particular strength in first-time homebuyer programs and government-backed loans. Regions' extensive branch network and digital capabilities make them accessible to Carrollton borrowers, while their longstanding community commitment ensures reliable, trustworthy service.

Experience:48 years
Reviews:312 customer reviews
2200 Jack Warner Parkway, Tuscaloosa, AL 35401

Loan Types:

ConventionalFHAVAUSDAJumboHELOCRefinanceFirst-time Homebuyer
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Frequently Asked Questions

Common questions about mortgage lending in Carrollton, AL

What are the current average mortgage rates for homebuyers in Carrollton, AL?

Mortgage rates in Carrollton typically align with national averages but can vary based on local lenders and property types. Currently, 30-year fixed rates in the area range from 6.5% to 7.2%, while FHA and VA loans often offer slightly lower rates. It's best to compare offers from local institutions like Citizens Bank and Community Spirit Bank for the most competitive Carrollton-specific rates.

Are there any first-time homebuyer programs specifically available in Carrollton?

Yes, Carrollton homebuyers can access Alabama's Step Up program, which offers competitive interest rates and down payment assistance. Additionally, the USDA Rural Development loan program is particularly relevant since Carrollton qualifies as a rural area, offering 100% financing with no down payment required for eligible borrowers.

How does Carrollton's rural location affect mortgage lending options?

Carrollton's rural designation makes USDA loans widely available, which is a significant advantage for qualified buyers. However, the limited number of local lenders means you might need to expand your search to nearby cities like Tuscaloosa for more options. Property appraisal processes may also take slightly longer due to fewer local appraisers serving the area.

What special considerations should I know about when getting a mortgage for older homes in Carrollton's historic districts?

When purchasing in Carrollton's historic areas, you'll want to ensure the home meets modern lending standards. Some older properties may require additional inspections for structural integrity, electrical systems, and plumbing. FHA 203(k) renovation loans can be particularly useful for financing both purchase and repairs of Carrollton's historic homes.

How do property taxes in Carrollton affect mortgage payments and qualification?

Carrollton's property tax rates are relatively low compared to national averages, which can help with mortgage qualification by lowering your total monthly payment. Pickens County typically assesses property taxes around 0.35% of market value. Your lender will include these taxes in your monthly escrow payment calculation, making Carrollton homes more affordable overall.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Carrollton, AL

Searching for "home lenders near me" in Carrollton, Alabama, is about more than just finding a convenient office location. It’s about connecting with financial partners who understand the unique rhythm of our local market and can guide you through a homebuying journey that’s distinctly different from the big cities. Carrollton offers a special blend of historic charm, tight-knit community, and accessible homeownership, but navigating the financing requires a local touch.

In Carrollton’s housing market, you’ll often find a mix of historic homes near the courthouse square, newer constructions on the outskirts, and more affordable, spacious properties compared to national averages. A local lender who knows this landscape is invaluable. They can accurately appraise a classic Victorian on Columbus Street or understand the value of land in the surrounding countryside. They’re also more likely to have established relationships with local real estate agents, which can sometimes make for a smoother, faster closing process—a real advantage when you find your dream home.

When starting your search for lenders, don’t just stop at the big national banks with online portals. Make it a point to visit or call the community banks and credit unions right here in Carrollton and Pickens County. Institutions like Peoples Bank of Alabama or credit unions serving the area have deep roots here. Their loan officers often live in the community themselves and may offer more personalized service and flexibility. They understand local employment patterns, like jobs at the nearby factories, hospitals, or in Tuscaloosa for commuters, which can be beneficial during the income verification process.

As an Alabama homebuyer, you have access to several beneficial state-sponsored programs that local lenders can help you unlock. The Alabama Housing Finance Authority (AHFA) offers programs like "Step Up" for first-time buyers, which provides a competitive fixed-rate mortgage with down payment assistance. There’s also the "Mortgage Credit Certificate" program, which can save you money every year on your federal taxes. A Carrollton-based lender familiar with these programs can be your best resource to see if you qualify and help you weave this assistance into your loan package.

Your actionable first step? Create a shortlist. Search for "mortgage lenders Carrollton AL" and identify two local community institutions and one larger regional bank. Then, get pre-qualified with at least two of them. This isn’t just about comparing interest rates—though that’s important. Pay attention to how they communicate, the questions they ask about your long-term goals, and their familiarity with Pickens County. Ask them directly: "What experience do you have with homes in the Carrollton historic district?" or "Can you walk me through the AHFA programs I might be eligible for?"

Buying a home in Carrollton is an investment in a way of life. By choosing a home lender who is truly *near you*—in both geography and community understanding—you’re not just securing a loan; you’re gaining a knowledgeable neighbor to help you build equity and roots in our wonderful town.

Nearby Cities

Explore mortgage lenders in cities near Carrollton, AL

Why Choose a Mortgage Lender in Carrollton?

Local Market Knowledge

Lenders who understand Carrollton's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Alabama.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Carrollton and get competitive rates on your home loan.