Mortgage Lenders and Brokers in Lester, 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
Lester, Alabama mortgage lenders include Redstone Federal Credit UnionRedstone Federal Credit Union1069 N Main St, Arab, AL 35016A+5.0 ★Texas Ratio: 2.10%, Bank of FrankewingBank of Frankewing14226 Highway 231 431 N, Hazel Green, AL 35750F2.7 ★Texas Ratio: 42.60%, Regions BankRegions Bank55 S Colonial Dr, Alabaster, AL 35007A+5.0 ★Texas Ratio: 4.37%, Renasant BankRenasant Bank1943 E Glenn Ave, Auburn, AL 36830A+5.0 ★Texas Ratio: 4.72%, First National Bank of PulaskiFirst National Bank of Pulaski321 S Jefferson St, Athens, AL 35611A+5.0 ★Texas Ratio: 2.25%, Bank IndependentBank Independent22015 Us Highway 72, Athens, AL 35613A+5.0 ★Texas Ratio: 1.45%, Southpoint BankSouthpoint Bank1096 N Brindlee Mountain Pkwy, Arab, AL 35016F2.8 ★Texas Ratio: 41.33%, Bryant BankBryant Bank286 Us Highway 31 S, Athens, AL 35611A+5.0 ★Texas Ratio: 2.46%, TVA Community Credit UnionTVA Community Credit Union10835 Shaw Rd # BFT 2C, Athens, AL 35611A+5.0 ★Texas Ratio: 0.70%, and Peoples Bank of AlabamaPeoples Bank of Alabama7473 Us Highway 431, Albertville, AL 35950A+5.0 ★Texas Ratio: 3.77%. 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 Lester, Alabama in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Lester 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 Lester, Alabama
Market share is the lender's share of all home loans closed in Lester, 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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1069 N Main St, Arab, AL 35016 A+5.0 ★Texas Ratio: 2.10% |
Conventional, FHA, HELOC | 4 +7 HELOCs |
5.7% | 100% | $217,500 | View |
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14226 Highway 231 431 N, Hazel Green, AL 35750 F2.7 ★Texas Ratio: 42.60% |
Conventional, FHA | 4 | 5.7% | 100% | $230,000 | View |
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55 S Colonial Dr, Alabaster, AL 35007 A+5.0 ★Texas Ratio: 4.37% |
Conventional, HELOC | 2 +4 HELOCs |
2.9% | 66.7% | $95,000 | View |
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1943 E Glenn Ave, Auburn, AL 36830 A+5.0 ★Texas Ratio: 4.72% |
Conventional, FHA | 2 | 2.9% | 100% | $255,000 | View |
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321 S Jefferson St, Athens, AL 35611 A+5.0 ★Texas Ratio: 2.25% |
Conventional | 2 | 2.9% | 100% | $425,000 | View |
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22015 Us Highway 72, Athens, AL 35613 A+5.0 ★Texas Ratio: 1.45% |
Conventional, HELOC | 1 +1 HELOCs |
1.4% | 100% | $185,000 | View |
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1096 N Brindlee Mountain Pkwy, Arab, AL 35016 F2.8 ★Texas Ratio: 41.33% |
Conventional | 1 | 1.4% | 100% | $255,000 | View |
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286 Us Highway 31 S, Athens, AL 35611 A+5.0 ★Texas Ratio: 2.46% |
Conventional | 1 | 1.4% | 100% | $485,000 | View |
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10835 Shaw Rd # BFT 2C, Athens, AL 35611 A+5.0 ★Texas Ratio: 0.70% |
Conventional | 1 | 1.4% | 100% | $85,000 | View |
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7473 Us Highway 431, Albertville, AL 35950 A+5.0 ★Texas Ratio: 3.77% |
Conventional | 1 | 1.4% | 100% | $105,000 | View |
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30010 Ardmore Ave, Ardmore, AL 35739 A+5.0 ★Texas Ratio: 0.99% |
Conventional | 1 | 1.4% | 100% | $105,000 | View |
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337 Airport Rd Ste A, Auburn, AL 36830 A+5.0 ★Texas Ratio: 1.74% |
Conventional | 1 | 1.4% | 100% | $625,000 | View |
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111 E Market St, Athens, AL 35611 A+5.0 ★Texas Ratio: 2.40% |
Conventional | 1 | 1.4% | 100% | $325,000 | View |
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19 Helicon Rd, Arley, AL 35541 A5.0 ★Texas Ratio: 10.74% |
Conventional | 1 | 1.4% | 100% | $65,000 | View |
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1001 N Brindlee Mountain Pkwy, Arab, AL 35016 A5.0 ★Texas Ratio: 6.16% |
Conventional | 1 | 1.4% | 100% | $45,000 | View |
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★ 1 stars, 1 review 629 E Main St, Albertville, AL 35950 A+5.0 ★Texas Ratio: 2.87% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Rocket Mortgage
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Conventional, FHA | 6 | 8.6% | 77.8% | $116,666 | |
Mortgage Research Center
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VA | 4 | 5.7% | 100% | $255,000 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 3 | 4.3% | 100% | $288,333 | |
Freedom Mortgage Corporation
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Conventional, FHA | 3 | 4.3% | 100% | $218,333 | |
Vanderbilt Mortgage and Finance, Inc
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Conventional | 3 | 4.3% | 80% | $131,666 | |
CrossCountry Mortgage, LLC
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Conventional, FHA | 2 | 2.9% | 100% | $180,000 | |
Planet Home Lending, LLC
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FHA, VA | 2 | 2.9% | 100% | $290,000 | |
Synovus Bank
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Conventional | 2 | 2.9% | 100% | $210,000 | |
Southwest Stage Funding LLC
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Conventional, FHA | 2 | 2.9% | 100% | $175,000 | |
21St Mortgage
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Conventional | 2 | 2.9% | 100% | $70,000 | |
Royal United Mortgage LLC
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Conventional | 1 | 1.4% | 100% | $135,000 | |
Lakeview Loan Servicing, LLC
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Conventional | 1 | 1.4% | 100% | $55,000 | |
Newrez LLC
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Conventional | 1 | 1.4% | 50% | $55,000 | |
AmeriHome Mortgage Company, LLC
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Conventional | 1 | 1.4% | 100% | $245,000 | |
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A+5.0 ★Texas Ratio: 1.51% |
Conventional | 1 | 1.4% | 50% | $225,000 | View |
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A5.0 ★Texas Ratio: 13.85% |
Conventional | 1 | 1.4% | 100% | $285,000 | View |
Pennymac Loan Services LLC
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Conventional | 1 | 1.4% | 100% | $25,000 | |
Valon Mortgage
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Conventional | 1 | 1.4% | 100% | $185,000 | |
Ony Glo, Inc.
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Conventional | 1 | 1.4% | 100% | $215,000 | |
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A+5.0 ★Texas Ratio: 4.81% |
VA | 1 | 1.4% | 100% | $535,000 | View |
Nationstar Mortgage
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Conventional | 1 | 1.4% | 100% | $175,000 | |
Victorian Finance, LLC
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FHA | 1 | 1.4% | 100% | $435,000 | |
Gmfs, LLC
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FHA | 1 | 1.4% | 100% | $255,000 | |
Fairway Independent Mort Corp
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VA | 1 | 1.4% | 100% | $375,000 | |
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A+5.0 ★Texas Ratio: 5.42% |
Conventional | 1 | 1.4% | 100% | $355,000 | View |
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A5.0 ★Texas Ratio: 8.14% |
Conventional | 1 | 1.4% | 100% | $415,000 | |
Carrington Mortgage Services LLC
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FHA | 1 | 1.4% | 50% | $395,000 | |
Cadence Bank
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Lester 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 Lester, Alabama
Looking for mortgage lenders near me or mortgage brokers near me in Lester? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Lester in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Lester, AL
Use these to narrow the list above. Each category shows how many Lester, AL lenders fit and what that kind of lender is usually best for.
Who Lends in Lester, AL
Independent mortgage companies closed 58.6 percent of home loans in Lester, Alabama in 2025, banks 32.9 percent and credit unions 8.6 percent. Rocket Mortgage was the largest mortgage company, Bank of Frankewing the largest bank and Redstone Federal Credit Union the largest credit union. Among lenders headquartered in Alabama, Redstone Federal Credit Union led with 4 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 Lester, AL
By home loans closed in 2025, Redstone Federal Credit Union was the largest mortgage lender in Lester, Alabama with 4 loans, about 5.7 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
12 lenders closed FHA loans in Lester, Alabama in 2025, led by Bank of Frankewing with 2. 5 lenders closed VA loans, led by Mortgage Research Center. 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. 19 banks and 3 credit unions closed home loans in Lester, Alabama in 2025, alongside 23 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 Lester, 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 Lester, 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 Lester. 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.
