Types of Home Loans
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.
Conventional Fixed Rate LoansA 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 the loan, offering you protection against inflation or rising interest rates. |
Adjustable Rate LoansWith a West Alabama Bank Adjustable Rate Mortgages, 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 and you generally get a lower initial rate and monthly payment. Learn More |
Home Improvement LoansUpgrading your house makes your home more enjoyable while also adding value to your investment. We offer financing for most any type of home improvement, including remodeling, installing a deck, adding on a room, replacing a roof, finishing a basement or most any expense. Learn More |
Home Equity LoansUse the equity you’ve built up in your home to finance the things you want and need today. You’ll enjoy a competitive rate, easy access to your equity and possible tax savings, making a home equity loan one of the smartest types of credit available. Learn More |
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