Mortgage Lenders and Brokers in Selma, Alabama
Brian McKay
|
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.
|
✓Fact Checked
|
Loan Rates Last Updated and Verified: October 7, 2026
Selma, Alabama mortgage lenders include Trustmark BankTrustmark Bank310 Broad St, Selma, AL 36701A+5.0 ★Texas Ratio: 2.40%, First Cahawba BankFirst Cahawba Bank801 Alabama Ave, Selma, AL 36701A+5.0 ★Texas Ratio: 0.96%, Regions BankRegions Bank1105 Highland Ave, Selma, AL 36703A+5.0 ★Texas Ratio: 4.37%, PNC Bank N.A.PNC Bank N.A.9 Broad St, Selma, AL 36701A+5.0 ★Texas Ratio: 4.24%, Wells Fargo Bank NAWells Fargo Bank NA423 Broad St, Selma, AL 36701A+5.0 ★Texas Ratio: 5.36%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA185 N College St, Auburn, AL 36830A+5.0 ★Texas Ratio: 3.68%, Southstate Bank, National AssociationSouthstate Bank, National Association1605 E University Dr, Auburn, AL 36830A+5.0 ★Texas Ratio: 2.27%, Alabama State Employees CUAlabama State Employees CU1102 Singleton Dr, Selma, AL 36703A+5.0 ★Texas Ratio: 1.25%, Marion Community BankMarion Community Bank2400 Us Highway 80 W, Selma, AL 36701C3.8 ★Texas Ratio: 23.16%, and FirstbankFirstbank615 Quintard Ave, Anniston, AL 36201A5.0 ★Texas Ratio: 7.51%. 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 Selma, Alabama in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Selma 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 Selma, Alabama
Market share is the lender's share of all home loans closed in Selma, 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 |
|---|---|---|---|---|---|---|
|
1 office in Selma 310 Broad St, Selma, AL 36701 A+5.0 ★Texas Ratio: 2.40% |
Conventional, FHA, VA, USDA, HELOC | 6 +15 HELOCs |
3.9% | 87.5% | $218,333 | View |
|
1 office in Selma 801 Alabama Ave, Selma, AL 36701 A+5.0 ★Texas Ratio: 0.96% |
Conventional | 5 | 3.3% | 50% | $87,000 | View |
|
1 office in Selma 1105 Highland Ave, Selma, AL 36703 A+5.0 ★Texas Ratio: 4.37% |
Conventional, FHA, HELOC | 3 +2 HELOCs |
2% | 28.6% | $38,333 | View |
|
★ 1.7 stars, 3 reviews 1 office in Selma 9 Broad St, Selma, AL 36701 A+5.0 ★Texas Ratio: 4.24% |
FHA, HELOC | 1 +1 HELOCs |
0.7% | 50% | $315,000 | View |
|
1 office in Selma 423 Broad St, Selma, AL 36701 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 1 | 0.7% | 25% | $45,000 | View |
|
185 N College St, Auburn, AL 36830 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 5 | 3.3% | 83.3% | $199,000 | View |
|
★ 5 stars, 1 review 1605 E University Dr, Auburn, AL 36830 A+5.0 ★Texas Ratio: 2.27% |
Conventional, FHA | 5 | 3.3% | 100% | $45,000 | View |
|
1102 Singleton Dr, Selma, AL 36703 A+5.0 ★Texas Ratio: 1.25% |
Conventional | 4 | 2.6% | 100% | $67,500 | View |
|
2400 Us Highway 80 W, Selma, AL 36701 C3.8 ★Texas Ratio: 23.16% |
Conventional | 4 | 2.6% | 66.7% | $57,500 | View |
|
615 Quintard Ave, Anniston, AL 36201 A5.0 ★Texas Ratio: 7.51% |
Conventional | 4 | 2.6% | 83.3% | $152,500 | View |
|
1215A Dr M L K Jr Expy, Andalusia, AL 36420 3431 A+5.0 ★Texas Ratio: 5.47% |
Conventional, HELOC | 2 +2 HELOCs |
1.3% | 100% | $125,000 | View |
|
3617 Highway 280, Alexander City, AL 35010 A+5.0 ★Texas Ratio: 4.39% |
Conventional, HELOC | 2 +1 HELOCs |
1.3% | 100% | $140,000 | View |
|
1943 E Glenn Ave, Auburn, AL 36830 A+5.0 ★Texas Ratio: 4.72% |
FHA | 2 | 1.3% | 100% | $115,000 | View |
|
336 N Gay St, Auburn, AL 36830 3992 A+5.0 ★Texas Ratio: 2.18% |
Conventional, HELOC | 1 +1 HELOCs |
0.7% | 100% | $255,000 | View |
|
1096 N Brindlee Mountain Pkwy, Arab, AL 35016 F2.8 ★Texas Ratio: 41.33% |
USDA | 1 | 0.7% | 100% | $115,000 | View |
|
2694 Hilton Garden Drive, Auburn, AL 36830 A+5.0 ★Texas Ratio: 5.61% |
Conventional | 1 | 0.7% | 100% | $125,000 | View |
|
2121 Highland Ave S, Birmingham, AL 35205 A+5.0 ★Texas Ratio: 2.97% |
FHA | 1 | 0.7% | 100% | $175,000 | View |
Hamilton Mortgage Corporation
|
Conventional, FHA | 5 | 3.3% | 100% | $127,000 | |
Tjc Mortgage Inc
|
Conventional, FHA | 2 | 1.3% | 100% | $200,000 | |
Rocket Mortgage
|
Conventional, FHA | 14 | 9.2% | 50% | $125,714 | |
Cmg Mortgage Inc
|
Conventional, FHA, USDA, HELOC | 9 +1 HELOCs |
5.9% | 100% | $136,111 | |
United Wholesale Mortgage
|
Conventional, FHA, VA | 5 | 3.3% | 50% | $195,000 | |
CrossCountry Mortgage, LLC
|
Conventional, FHA, USDA | 5 | 3.3% | 83.3% | $175,000 | |
Mortgage Research Center
|
FHA, VA | 5 | 3.3% | 75% | $155,000 | |
21St Mortgage
|
Conventional | 5 | 3.3% | 41.7% | $143,000 | |
Newrez LLC
|
Conventional, FHA, VA | 4 | 2.6% | 66.7% | $157,500 | |
Pennymac Loan Services LLC
|
Conventional, FHA | 4 | 2.6% | 100% | $172,500 | |
Guild Mortgage Company
|
Conventional, FHA | 4 | 2.6% | 100% | $72,500 | |
Mutual of Omaha Mortgage
|
Conventional, FHA, VA | 4 | 2.6% | 100% | $165,000 | |
New American Funding, LLC.
|
Conventional, FHA, HELOC | 3 +2 HELOCs |
2% | 42.9% | $115,000 | |
Freedom Mortgage Corporation
|
FHA, VA | 2 | 1.3% | 60% | $215,000 | |
loanDepot.com LLC
|
Conventional, VA | 2 | 1.3% | 16.7% | $140,000 | |
|
A+5.0 ★Texas Ratio: 4.14% |
Conventional | 2 | 1.3% | 100% | $155,000 | View |
Bayshore Mortgage Funding
|
USDA | 2 | 1.3% | 100% | $90,000 | |
Planet Home Lending, LLC
|
VA | 2 | 1.3% | 100% | $210,000 | |
|
A-4.8 ★Texas Ratio: 12.33% |
Conventional | 2 | 1.3% | 100% | $190,000 | View |
Lower, LLC
|
Conventional, VA | 2 | 1.3% | 100% | $160,000 | |
American Financial Resources LLC
|
VA | 1 | 0.7% | 100% | $385,000 | |
Royal United Mortgage LLC
|
Conventional | 1 | 0.7% | 100% | $75,000 | |
Primary Residential Mortgage, INC.
|
USDA | 1 | 0.7% | 100% | $235,000 | |
Gold Star Mortgage Financial Group, Corporation
|
FHA | 1 | 0.7% | 100% | $165,000 | |
Kind Lending, LLC
|
Conventional | 1 | 0.7% | 50% | $165,000 | |
Movement Mortgage, LLC
|
Conventional | 1 | 0.7% | 100% | $55,000 | |
Assurance Financial Group, L.L.C.
|
FHA | 1 | 0.7% | 100% | $175,000 | |
|
A5.0 ★Texas Ratio: 8.47% |
FHA | 1 | 0.7% | 100% | $165,000 | View |
|
A+5.0 ★Texas Ratio: 0.96% |
Conventional | 1 | 0.7% | 100% | $75,000 | |
American Financing Corporation
|
FHA | 1 | 0.7% | 50% | $45,000 | |
Securitynational Mortgage Company
|
FHA | 1 | 0.7% | 100% | $125,000 | |
Union Home Mortgage Corp.
|
VA | 1 | 0.7% | 100% | $205,000 | |
New Day Financial, LLC.
|
VA | 1 | 0.7% | 50% | $95,000 | |
|
A+5.0 ★Texas Ratio: 2.20% |
VA | 1 | 0.7% | 100% | $235,000 | View |
Nationstar Mortgage
|
Conventional | 1 | 0.7% | 100% | $45,000 | |
Stockton Mortgage Corporation
|
FHA | 1 | 0.7% | 50% | $125,000 | |
Better Mortgage Corporation
|
Conventional | 1 | 0.7% | 100% | $295,000 | |
Zillow Home Loans, LLC
|
Conventional | 1 | 0.7% | 50% | $175,000 | |
Prosperity Home Mortgage, LLC
|
VA | 1 | 0.7% | 100% | $175,000 | |
Fairway Independent Mort Corp
|
Conventional | 1 | 0.7% | 100% | $175,000 | |
|
A5.0 ★Texas Ratio: 8.14% |
Conventional | 1 | 0.7% | 33.3% | $115,000 | |
Figure Lending LLC
|
HELOC | 0 +2 HELOCs |
0% | n/a | ||
Spring Eq, LLC
|
HELOC | 0 +2 HELOCs |
0% | 0% | ||
Goodleap, LLC
|
HELOC | 0 +1 HELOCs |
0% | 0% | ||
Valon Mortgage
|
HELOC | 0 +1 HELOCs |
0% | n/a | ||
|
B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +1 HELOCs |
0% | n/a | View |
Selma 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 Selma, Alabama
Looking for mortgage lenders near me or mortgage brokers near me in Selma? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Selma in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Selma, AL
Use these to narrow the list above. Each category shows how many Selma, AL lenders fit and what that kind of lender is usually best for.
Who Lends in Selma, AL
Independent mortgage companies closed 63.2 percent of home loans in Selma, Alabama in 2025, banks 30.9 percent and credit unions 5.9 percent. Hamilton Mortgage Corporation was the largest mortgage company, Trustmark Bank the largest bank and Alabama State Employees CU the largest credit union. Among lenders headquartered in Alabama, First Cahawba Bank led with 5 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 Selma, AL
By home loans closed in 2025, Trustmark Bank was the largest mortgage lender in Selma, Alabama with 6 loans, about 3.9 percent of the market. The largest lender headquartered in Alabama was First Cahawba Bank with 5 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
25 lenders closed FHA loans in Selma, Alabama in 2025, led by Rocket Mortgage with 8. 14 lenders closed VA loans, led by Mortgage Research Center, and 6 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. 19 banks and 5 credit unions closed home loans in Selma, Alabama in 2025, alongside 39 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 Selma, 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 Selma, 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 Selma. 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.
