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 4 mortgage refinance companies in Homewood, 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.
Ransom Kelly - Assurance Financial
2810 Crescent Ave, Homewood, AL 35209
(205) 605-8027
ransomkhomeloans.com
Assurance Financial - Homewood
2810 Crescent Ave, Homewood, AL 35209
(205) 774-3400
assurancemortgage.com
Kimekia Holifield, Mortgage Loan Officer - First Horizon Bank
2340 Woodcrest Pl, Homewood, AL 35209
(205) 803-5939
firsthorizon.com
What Does a Mortgage Refinance Company in Homewood Cost?
Typical costs for a mortgage refinance in Alabama range from 2 percent to 5 percent of the loan amount. For a 200,000 dollar loan this means 4,000 to 10,000 dollars in fees. Costs include the appraisal fee usually 400 to 700 dollars, title search and insurance fees of 500 to 1,500 dollars, and the Alabama documentary stamp tax of 0.15 percent of the loan. Note that costs vary by case and lender. This is general information 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 refinance a mortgage in Homewood Alabama?
You will need recent pay stubs, W-2 forms, tax returns, bank statements, and proof of homeowners insurance. Alabama lenders also require a property appraisal to confirm the home value in Jefferson County.
How long does a mortgage refinance take in Alabama?
A typical refinance in Alabama takes 30 to 45 days from application to closing. Delays can occur if the appraisal or title search takes extra time. Alabama law does not set a specific maximum timeline for refinancing.
Are there Alabama-specific fees for refinancing a mortgage?
Yes Alabama charges a mortgage recording fee and a state documentary stamp tax on the new loan. The documentary stamp tax is 15 cents per 100 dollars of the loan amount. These fees are in addition to lender origination and appraisal costs.