The Best Mortgage Lenders in Uniontown, AL
Compare verified mortgage lenders serving Uniontown, Alabama. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Uniontown
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong presence in Alabama, known for its innovative online platform and competitive rates. With over two decades of experience, they excel in customer satisfaction, offering a wide range of loan options and personalized service. Their high ratings stem from efficient processing, transparency, and a commitment to helping homebuyers in Uniontown and across the region secure optimal financing solutions.
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Fairway Independent Mortgage
Fairway Independent Mortgage Corporation
Fairway Independent Mortgage is a highly reputable lender with deep roots in the Alabama market, praised for its exceptional customer service and local expertise. Founded in 1996, they have built a loyal client base in Uniontown and surrounding areas by offering competitive rates, flexible loan products, and a streamlined application process. Their high review ratings reflect a focus on community engagement and reliable, hands-on support throughout the mortgage journey.
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Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a nationally recognized lender with a significant regional presence in Alabama, offering efficient and customer-focused mortgage services. Since 2008, they have gained a strong reputation for their quick loan processing, competitive rates, and dedication to community support. Serving Uniontown and broader Alabama, they provide tailored solutions for various homebuying needs, backed by high customer satisfaction scores and a commitment to integrity and reliability.
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Frequently Asked Questions
Common questions about mortgage lending in Uniontown, AL
What are the current average mortgage rates for homebuyers in Uniontown, AL?
Mortgage rates in Uniontown typically align with national averages but can vary based on local lenders and property types. Currently, 30-year fixed rates range between 6.5-7.25% depending on credit score and loan type. It's recommended to check with local credit unions like Peoples Bank of Greensboro or regional banks serving Perry County for the most competitive rates.
Are there any special mortgage programs for first-time homebuyers in Uniontown?
Yes, Uniontown homebuyers can access Alabama's Step Up program, which offers affordable fixed-rate mortgages with down payment assistance. Additionally, USDA loans are particularly valuable here since much of Perry County qualifies for rural development loans requiring no down payment. Local housing counselors can help determine eligibility for these programs.
How does Uniontown's rural location affect mortgage lending options?
Uniontown's designation as a rural community opens access to USDA loans, which are excellent for qualified buyers with moderate incomes. However, the limited number of local lenders means you might need to work with institutions in nearby Selma or Montgomery. Appraisal processes may also consider the unique aspects of rural property values in Perry County.
What should I know about property taxes when getting a mortgage in Uniontown?
Perry County has some of Alabama's lowest property tax rates, typically around 0.37% of assessed value. This lower tax burden can help qualify for higher mortgage amounts since lenders consider total monthly housing costs. Your mortgage lender will include estimated property taxes in your escrow account calculations based on Uniontown's specific rates.
Are there any local down payment assistance programs specific to Uniontown homebuyers?
While Uniontown itself doesn't offer city-specific programs, Perry County residents can access the Alabama Housing Finance Authority's Mortgage Credit Certificate program, which provides tax credits for first-time buyers. Some local employers like the Perry County Commission and school system may also offer housing assistance programs for employees purchasing homes in the area.
Why Choose a Mortgage Lender in Uniontown?
Local Market Knowledge
Lenders who understand Uniontown'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 Uniontown and get competitive rates on your home loan.