Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the State Mortgage Licensing Authority of Alabama before hiring.
Showing 12 mortgage lenders in Foley, AL
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
The Sharon Thompson Team - Fairway Independent Mortgage Corp.
8154 AL-59 Suite 207, Foley, AL 36535
(251) 298-5304
sharonthompsonteam.com
Barr Group Mortgage, Vicky Pitts
21040 Miflin Rd Executive Suite 4, Foley, AL 36535
(251) 233-3358
barrgroupmortgage.com
Weber Mortgage | Brian Lehmann
307 S McKenzie St #114, Foley, AL 36535
(251) 616-0005
moneyformyhome.com
Fletcher and Janz Processing Services
111 W Camphor Ave, Foley, AL 36535
(619) 335-8565
fletcherandjanz.com
What Does a Mortgage Lender in Foley Cost?
Typical costs for a mortgage in Alabama include an origination fee of 0.5 to 1 percent of the loan amount, an appraisal fee of 400 to 700 dollars, and title insurance costing 500 to 1,500 dollars. Closing costs in Foley generally range from 2 to 5 percent of the home purchase price. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What documents do I need to apply for a mortgage in Foley Alabama?
You typically need recent pay stubs, W-2 forms, tax returns, bank statements, and a valid photo ID. Alabama lenders may also request proof of homeowners insurance before closing.
How long does it take to close on a mortgage in Alabama?
The average mortgage closing in Alabama takes 30 to 45 days from application to final funding. Delays can occur if there are issues with the appraisal or title search.
Are there specific mortgage programs for first time buyers in Alabama?
Yes, the Alabama Housing Finance Authority offers the Step Up program with down payment assistance for eligible first time buyers. Local lenders in Foley can explain these options and income limits.