SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Hollywood, AL

The Best Mortgage Lenders in Hollywood, AL

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

3
Top Lenders
4.6
Avg Rating
555+
Reviews
8
Loan Types

Available Loan Programs in Hollywood

Conventional
FHA
VA
USDA
Jumbo
Refinance
First-Time Homebuyer Programs
Reverse Mortgages

Featured Mortgage Lenders

1

Fairway Independent Mortgage

Fairway Independent Mortgage Corporation

★★★★☆
4.7/5

Fairway Independent Mortgage is a top-rated lender known for its competitive rates, personalized service, and extensive loan options. With over 28 years in business, they have a strong presence in North Alabama, including Hollywood, and are highly praised for their efficient processing and dedicated support throughout the mortgage process. Their high customer satisfaction ratings and commitment to community involvement make them a reliable choice for homebuyers in the area.

Experience:28 years
Reviews:210 customer reviews
3322 South Memorial Parkway, Huntsville, AL 35801

Loan Types:

ConventionalFHAVAUSDAJumboRefinance
Visit Website
2

Movement Mortgage

Movement Mortgage, LLC

★★★★☆
4.6/5

Movement Mortgage is a highly-rated lender with a reputation for fast closings and excellent customer service. Serving Hollywood and surrounding areas, they offer a wide range of loan products and prioritize transparency and ease in the mortgage journey. Their 16 years of experience, combined with strong local outreach and competitive rates, have earned them numerous positive reviews for helping clients achieve their homeownership goals efficiently.

Experience:16 years
Reviews:185 customer reviews
500 Providence Main Street, Huntsville, AL 35806

Loan Types:

ConventionalFHAVAUSDAJumboFirst-Time Homebuyer Programs
Visit Website
3

New American Funding

New American Funding, LLC

★★★★☆
4.5/5

New American Funding is a well-established lender with over two decades of experience, offering diverse mortgage solutions tailored to individual needs. They serve Hollywood and the broader Alabama region, known for their inclusive lending practices and strong customer support. With competitive rates, a focus on underserved communities, and high satisfaction ratings, they are a trusted option for borrowers seeking reliable and flexible financing options.

Experience:21 years
Reviews:160 customer reviews
1000 Corporate Drive, Huntsville, AL 35806

Loan Types:

ConventionalFHAVAUSDAJumboReverse Mortgages
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Hollywood, AL

What are the current mortgage rates like for homebuyers in Hollywood, AL?

Mortgage rates in Hollywood, AL typically align with national averages but can vary based on local lenders and property types. Currently, rates for 30-year fixed mortgages in this rural area range from 6.5% to 7.25%, with local credit unions often offering competitive rates. It's best to compare offers from both local Alabama lenders and national institutions to secure the best rate for your specific situation.

Are there any first-time homebuyer programs specifically available in Hollywood, AL?

Yes, Hollywood homebuyers can access Alabama's statewide first-time homebuyer programs like the Step Up and Mortgage Credit Certificate programs, which offer down payment assistance and tax credits. Additionally, the Alabama Housing Finance Authority provides affordable mortgage options with competitive interest rates. Local lenders familiar with these programs can help you determine eligibility and navigate the application process.

How does Hollywood's rural location affect the mortgage process compared to larger Alabama cities?

Hollywood's rural setting means fewer local lender options, so you may need to work with lenders in nearby Scottsboro or Stevenson. Appraisal processes can be more challenging due to fewer comparable property sales in this agricultural area. However, USDA loans are particularly advantageous here since most of Hollywood qualifies for this zero-down-payment rural development program.

What special considerations should I know about when getting a mortgage for older homes in Hollywood?

Many Hollywood homes are older properties, so lenders may require more thorough inspections and potentially escrow for repairs. You'll want to ensure the home meets minimum property standards for your chosen loan program. Consider an FHA 203(k) renovation loan if the property needs significant updates, as this allows you to finance both purchase and repairs in one mortgage.

Are property taxes in Hollywood, AL factored differently into mortgage calculations?

Jackson County, where Hollywood is located, has relatively low property tax rates compared to national averages, which can positively impact your debt-to-income ratio calculations. Current rates are approximately 0.37% of assessed value, meaning your monthly mortgage payment including taxes will be lower than in many other areas. Your lender will verify exact tax amounts during the underwriting process.

Mortgage Insights

Finding Your Dream Home Loan Right Here in Hollywood, Alabama

If you’re searching for “mortgage loans near me” while dreaming of a home in Hollywood, Alabama, you’re on the right track. The key to a successful home purchase in our close-knit community isn’t just about finding any lender; it’s about finding the right local partner who understands the unique rhythm of life and real estate here in Jackson County. Hollywood offers a special blend of rural tranquility, access to the Tennessee River, and a strong sense of community, and your mortgage journey should reflect that local expertise.

First, understand that “near me” in Hollywood often means looking towards nearby hubs like Scottsboro or Stevenson, or even utilizing trusted local professionals who have strong regional networks. A mortgage broker or loan officer familiar with North Alabama can be invaluable. They’ll understand the nuances of appraising properties that might have more land, a well and septic system, or unique characteristics common in our area. They can also guide you on what “fair market value” truly looks like in our specific market, which can differ from the averages you see for the state or nation.

For Alabama homebuyers, there are fantastic statewide programs to explore. The Alabama Housing Finance Authority (AHFA) offers several affordable mortgage options, including the “Step Up” program for first-time buyers and the “Mortgage Credit Certificate” (MCC), which can provide a significant annual tax credit. These programs have income and purchase price limits, but they are designed to make homeownership more accessible, especially in communities like ours. A local lender will be well-versed in these opportunities and can help you see if you qualify.

Your actionable advice starts here. First, get your financial documents in order—pay stubs, tax returns, bank statements—before you even start calling. Second, when you search for lenders, ask specific questions: “Do you frequently work with buyers in Jackson County?” “Can you explain how AHFA programs work?” “What are common appraisal considerations for homes on land in Hollywood?” Third, get a solid pre-approval from a local expert. This not only clarifies your budget but makes you a stronger contender when you find that perfect property, showing sellers you are serious and vetted.

Buying a home in Hollywood, AL, is about planting roots in a beautiful, peaceful part of the world. By focusing your search for “mortgage loans near me” on professionals with deep Alabama roots and knowledge, you’re not just securing a loan; you’re gaining a guide who can help you navigate the entire process smoothly, from the banks of the Tennessee River to the closing table on your very own piece of Alabama.

Nearby Cities

Explore mortgage lenders in cities near Hollywood, AL

Why Choose a Mortgage Lender in Hollywood?

Local Market Knowledge

Lenders who understand Hollywood'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 Hollywood and get competitive rates on your home loan.