Your West Alabama Bank Mortgage Banker can help you select the mortgage loan that fits your needs. West Alabama Bank has the people and products to make your dream come true, whether this is your first, your fifth, or your “home away from home”. We offer home loans with competitive rates, prompt processing and quick closings. Talk with us about the type of home loan to best serve you and your family. We are happy to provide a free consultation.
A West Alabama Bank Conventional Fixed Rate Mortgage allows you to plan your home loan budget over the life of the loan. That’s because fixed rate mortgages give you the security of fixed principal/interest payments over the life of a loan, offering you protection against inflation or rising interest rates.
Federal Housing Authority loans have been helping people become homeowners since 1934. If you qualify, your West Alabama Mortgage banker can help you take advantage of the many benefits of an FHA loan - low down payment and easy credit qualifications.
If you are a veteran and want to finance a home, West Alabama Bank can help you with the many advantages of a VA Home Loan. No down payment and easy credit qualifications.
The USDA Housing program is geared toward homebuyers who live in eligible areas and requires no down payment. This loan program offers flexible, common sense underwriting guidelines, relaxed credit requirements and lenient seller assistance.
With a West Alabama Bank Adjustable Rate Mortgage, your interest rate will stay the same generally for three, five, or seven years, and then can change periodically after that. That makes ARMs an excellent choice of financing: you generally get a lower initial rate and monthly payment.
Our loan programs are designed to meet your individual needs. For a free consultation, please call us toll-free or come by any of our offices.
West Alabama Bank
Mortgage Loan Department
P.O. Box 892, 403 4th Avenue South
Jasper, AL 35501
Vice President, Mortgage Lending