Mortgage Lenders and Brokers in Waterloo, 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
Waterloo, Alabama mortgage lenders include First Southern BankFirst Southern Bank1720 Us Highway 431, Boaz, AL 35957F1.0 ★Texas Ratio: 85.21%, First Metro BankFirst Metro Bank309 W Washington St, Athens, AL 35611A+5.0 ★Texas Ratio: 1.01%, Bank IndependentBank Independent22015 Us Highway 72, Athens, AL 35613A+5.0 ★Texas Ratio: 1.45%, Regions BankRegions Bank55 S Colonial Dr, Alabaster, AL 35007A+5.0 ★Texas Ratio: 4.37%, Listerhill Credit UnionListerhill Credit Union22223 US 72, Athens, AL 35613A+5.0 ★Texas Ratio: 3.96%, EvaBankEvaBank1001 N Brindlee Mountain Pkwy, Arab, AL 35016A5.0 ★Texas Ratio: 6.16%, United Community BankUnited Community Bank2121 Highland Ave S, Birmingham, AL 35205A+5.0 ★Texas Ratio: 2.97%, CSL Financial, LLCCSL Financial, LLCBirmingham, AL, Rocket Mortgage, and PHH Mortgage Corporation. 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 Waterloo, Alabama in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Waterloo 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 Waterloo, Alabama
Market share is the lender's share of all home loans closed in Waterloo, 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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1720 Us Highway 431, Boaz, AL 35957 F1.0 ★Texas Ratio: 85.21% |
Conventional | 2 | 7.1% | 100% | $245,000 | View |
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309 W Washington St, Athens, AL 35611 A+5.0 ★Texas Ratio: 1.01% |
Conventional | 2 | 7.1% | 100% | $30,000 | View |
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22015 Us Highway 72, Athens, AL 35613 A+5.0 ★Texas Ratio: 1.45% |
Conventional | 2 | 7.1% | 66.7% | $110,000 | View |
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55 S Colonial Dr, Alabaster, AL 35007 A+5.0 ★Texas Ratio: 4.37% |
Conventional, HELOC | 1 +1 HELOCs |
3.6% | 100% | $75,000 | View |
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22223 US 72, Athens, AL 35613 A+5.0 ★Texas Ratio: 3.96% |
Conventional | 1 | 3.6% | 50% | $145,000 | View |
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1001 N Brindlee Mountain Pkwy, Arab, AL 35016 A5.0 ★Texas Ratio: 6.16% |
Conventional | 1 | 3.6% | 100% | $125,000 | View |
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2121 Highland Ave S, Birmingham, AL 35205 A+5.0 ★Texas Ratio: 2.97% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
CSL Financial, LLC
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Conventional | 1 | 3.6% | 100% | $75,000 | |
Rocket Mortgage
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Conventional | 2 | 7.1% | 100% | $320,000 | |
PHH Mortgage Corporation
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Conventional, VA | 2 | 7.1% | 100% | $305,000 | |
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A4.6 ★Texas Ratio: 2.08% |
Conventional | 1 | 3.6% | 66.7% | $275,000 | View |
Newrez LLC
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VA | 1 | 3.6% | 100% | $285,000 | |
loanDepot.com LLC
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Conventional | 1 | 3.6% | 100% | $55,000 | |
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A+5.0 ★Texas Ratio: 1.51% |
Conventional | 1 | 3.6% | 75% | $175,000 | View |
Amerisave Mortgage Company
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FHA | 1 | 3.6% | 50% | $85,000 | |
Assurance Financial Group, L.L.C.
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USDA | 1 | 3.6% | 50% | $175,000 | |
Heritage Bank & Trust
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Conventional | 1 | 3.6% | 100% | $525,000 | |
Wolfe Financial Inc
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FHA | 1 | 3.6% | 100% | $165,000 | |
Nationstar Mortgage
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Conventional | 1 | 3.6% | 100% | $205,000 | |
Stockton Mortgage Corporation
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FHA | 1 | 3.6% | 100% | $365,000 | |
Towne Mortgage Company
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Conventional | 1 | 3.6% | 100% | $365,000 | |
New American Funding, LLC.
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FHA | 1 | 3.6% | 100% | $165,000 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional | 1 | 3.6% | 100% | $185,000 | |
Vanderbilt Mortgage and Finance, Inc
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Conventional | 1 | 3.6% | 50% | $135,000 | |
Figure Lending LLC
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HELOC | 0 +1 HELOCs |
0% | n/a |
Waterloo 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 Waterloo, Alabama
Looking for mortgage lenders near me or mortgage brokers near me in Waterloo? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Waterloo in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Waterloo, AL
Use these to narrow the list above. Each category shows how many Waterloo, AL lenders fit and what that kind of lender is usually best for.
Who Lends in Waterloo, AL
Independent mortgage companies closed 57.1 percent of home loans in Waterloo, Alabama in 2025, banks 35.7 percent and credit unions 7.1 percent. CSL Financial, LLC was the largest mortgage company, First Southern Bank the largest bank and Listerhill Credit Union the largest credit union. Among lenders headquartered in Alabama, First Southern Bank led with 2 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 Waterloo, AL
By home loans closed in 2025, First Southern Bank was the largest mortgage lender in Waterloo, Alabama with 2 loans, about 7.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
4 lenders closed FHA loans in Waterloo, Alabama in 2025, led by Amerisave Mortgage Company with 1. 2 lenders closed VA loans, led by PHH Mortgage Corporation, and 1 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. 8 banks and 2 credit unions closed home loans in Waterloo, Alabama in 2025, alongside 15 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 Waterloo, 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 Waterloo, 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 Waterloo. 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.
