Mortgage Lenders and Brokers in Altoona, Alabama
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Altoona, Alabama mortgage lenders include Liberty BankLiberty Bank87615 Us Highway 278, Altoona, AL 35952A+5.0 ★Texas Ratio: 1.01%, The HomeTown Bank of AlabamaThe HomeTown Bank of Alabama18045 State Highway 160, Cleveland, AL 35049, Renasant BankRenasant Bank1943 E Glenn Ave, Auburn, AL 36830A+5.0 ★Texas Ratio: 4.72%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA185 N College St, Auburn, AL 36830A+5.0 ★Texas Ratio: 3.68%, Bank of FrankewingBank of Frankewing14226 Highway 231 431 N, Hazel Green, AL 35750F2.7 ★Texas Ratio: 42.60%, First Southern BankFirst Southern Bank1720 Us Highway 431, Boaz, AL 35957F1.0 ★Texas Ratio: 85.21%, Wells Fargo Bank NAWells Fargo Bank NA500 Colonial Promenade Pkwy, Alabaster, AL 35007A+5.0 ★Texas Ratio: 5.36%, First Federal BankFirst Federal Bank5301 Highway 69 S, Tuscaloosa, AL 35405A+5.0 ★Texas Ratio: 2.80%, Metro BankMetro Bank35489 Ushwy 231, Ashville, AL 35953A+5.0 ★Texas Ratio: 5.61%, and PNC Bank N.A.PNC Bank N.A.10745 Highway 119, Alabaster, AL 35007A+5.0 ★Texas Ratio: 4.24%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Altoona, Alabama in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Altoona are listed first, then lenders elsewhere in Alabama, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Altoona, Alabama
Market share is the lender's share of all home loans closed in Altoona, Alabama. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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1 office in Altoona 87615 Us Highway 278, Altoona, AL 35952 A+5.0 ★Texas Ratio: 1.01% |
Conventional | 1 | 1.4% | 100% | $165,000 | View |
The HomeTown Bank of Alabama
18045 State Highway 160, Cleveland, AL 35049 |
Conventional | 6 | 8.1% | 100% | $256,666 | |
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1943 E Glenn Ave, Auburn, AL 36830 A+5.0 ★Texas Ratio: 4.72% |
Conventional | 3 | 4.1% | 100% | $138,333 | View |
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185 N College St, Auburn, AL 36830 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 1 | 1.4% | 100% | $125,000 | View |
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14226 Highway 231 431 N, Hazel Green, AL 35750 F2.7 ★Texas Ratio: 42.60% |
VA | 1 | 1.4% | 100% | $255,000 | View |
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1720 Us Highway 431, Boaz, AL 35957 F1.0 ★Texas Ratio: 85.21% |
Conventional | 1 | 1.4% | 100% | $135,000 | View |
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500 Colonial Promenade Pkwy, Alabaster, AL 35007 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 1.4% | 100% | $455,000 | View |
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5301 Highway 69 S, Tuscaloosa, AL 35405 A+5.0 ★Texas Ratio: 2.80% |
FHA | 1 | 1.4% | 100% | $205,000 | View |
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35489 Ushwy 231, Ashville, AL 35953 A+5.0 ★Texas Ratio: 5.61% |
Conventional | 1 | 1.4% | 100% | $45,000 | View |
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★ 1.7 stars, 3 reviews 10745 Highway 119, Alabaster, AL 35007 A+5.0 ★Texas Ratio: 4.24% |
Conventional | 1 | 1.4% | 100% | $165,000 | View |
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7200 US Highway 431 Ste 350, Albertville, AL 35950 1250 A5.0 ★Texas Ratio: 8.94% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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55 S Colonial Dr, Alabaster, AL 35007 A+5.0 ★Texas Ratio: 4.37% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
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1008 Portwood Dr, Albertville, AL 35951 7316 A+5.0 ★Texas Ratio: 4.02% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
CSL Financial, LLC
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Conventional | 3 | 4.1% | 100% | $148,333 | |
Tjc Mortgage Inc
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USDA | 1 | 1.4% | 100% | $165,000 | |
Rocket Mortgage
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Conventional, FHA | 5 | 6.8% | 83.3% | $93,000 | |
Canopy Mortgage, LLC
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Conventional, FHA, VA | 5 | 6.8% | 100% | $111,000 | |
21St Mortgage
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Conventional | 5 | 6.8% | 45.5% | $107,000 | |
Vanderbilt Mortgage and Finance, Inc
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Conventional, USDA | 4 | 5.4% | 50% | $130,000 | |
Freedom Mortgage Corporation
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FHA, VA | 3 | 4.1% | 100% | $318,333 | |
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A+5.0 ★Texas Ratio: 1.51% |
Conventional | 3 | 4.1% | 75% | $158,333 | View |
United Wholesale Mortgage
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FHA, VA | 2 | 2.7% | 100% | $395,000 | |
Pennymac Loan Services LLC
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Conventional, FHA | 2 | 2.7% | 66.7% | $90,000 | |
Guild Mortgage Company
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Conventional, FHA | 2 | 2.7% | 100% | $80,000 | |
Union Home Mortgage Corp.
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FHA, VA | 2 | 2.7% | 100% | $145,000 | |
Nationstar Mortgage
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Conventional, FHA | 2 | 2.7% | 100% | $95,000 | |
Fairway Independent Mort Corp
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FHA | 2 | 2.7% | 100% | $245,000 | |
Plaza Home Mortgage, Inc
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Conventional, FHA | 2 | 2.7% | 100% | $75,000 | |
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A4.6 ★Texas Ratio: 2.08% |
Conventional | 1 | 1.4% | 100% | $425,000 | View |
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A+5.0 ★Texas Ratio: 1.01% |
Conventional | 1 | 1.4% | 100% | $305,000 | View |
Newrez LLC
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Conventional | 1 | 1.4% | 50% | $55,000 | |
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A+5.0 ★Texas Ratio: 4.14% |
Conventional | 1 | 1.4% | 100% | $85,000 | View |
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B-3.5 ★Texas Ratio: 6.80% |
VA | 1 | 1.4% | 100% | $225,000 | View |
Atlantic Bay Mortgage Group
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Conventional | 1 | 1.4% | 100% | $225,000 | |
Churchill Mortgage Corporation
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Conventional | 1 | 1.4% | 100% | $145,000 | |
First South Farm Credit, ACA
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Conventional | 1 | 1.4% | 100% | $105,000 | |
Mortgage Research Center
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VA | 1 | 1.4% | 33.3% | $165,000 | |
Towne Mortgage Company
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Conventional | 1 | 1.4% | 100% | $205,000 | |
Zillow Home Loans, LLC
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FHA | 1 | 1.4% | 100% | $135,000 | |
Gmfs, LLC
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Conventional | 1 | 1.4% | 100% | $115,000 | |
Loan Simple, Inc.
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FHA | 1 | 1.4% | 100% | $315,000 | |
Spring Eq, LLC
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Conventional | 1 | 1.4% | 100% | $85,000 |
Altoona Mortgage Rate Trends
Daily average mortgage rates for Alabama compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Altoona, Alabama
Looking for mortgage lenders near me or mortgage brokers near me in Altoona? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Altoona in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Altoona, AL
Use these to narrow the list above. Each category shows how many Altoona, AL lenders fit and what that kind of lender is usually best for.
Who Lends in Altoona, AL
Independent mortgage companies closed 71.6 percent of home loans in Altoona, Alabama in 2025, banks 27 percent and credit unions 1.4 percent. CSL Financial, LLC was the largest mortgage company, Liberty Bank the largest bank and Family Savings Credit Union the largest credit union. Among lenders headquartered in Alabama, Liberty Bank led with 1 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Attorneys customarily handle closings in Alabama. Deed recordation tax of $0.50 per $500 of value (0.10 percent) plus a mortgage recordation tax of $0.15 per $100 of debt (0.15 percent), Ala. Code 40-22-1 and 40-22-2.
More Alabama Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Altoona, AL
By home loans closed in 2025, Liberty Bank was the largest mortgage lender in Altoona, Alabama with 1 loans, about 1.4 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
13 lenders closed FHA loans in Altoona, Alabama in 2025, led by Canopy Mortgage, LLC with 2. 7 lenders closed VA loans, led by Freedom Mortgage Corporation, and 2 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 14 banks and 3 credit unions closed home loans in Altoona, Alabama in 2025, alongside 25 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Altoona, Alabama during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Altoona, Alabama for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Altoona. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
