Choosing an Alabama mortgage lender can be challenging, even intimidating, but Peoples Bank of Alabama is passionate about helping you achieve your dreams.
We care about you—which is why we are committed to quick turnaround times and fast decisions. We know that negotiating a loan amount and figuring out interest rates is stressful.
Whether you are a first-time Alabama home buyer, armed services veteran, or home buying pro, we have the right Alabama mortgage loan with competitive rates and terms that fit your budget. We can help you make this important purchase decision confidently and comfortably with options that suit your situation.
We’re transparent about fees. We can help you with an adjustable rate. We can help you negotiate a 30 year fixed rate. We can also give you the financial advice you can trust, and much more.
We have local Mortgage Specialists who can give you quick decisions and personal service from application all the way through to the closing. We also provide a 24/7 loan center with the following mortgage services:
- Apply anytime, from anywhere with a streamlined application process
- Get quick online approvals and detailed, Alabama-specific cost information
- Complete your application for purchases or refinances on your schedule
- Use our glossary to take mystery out of mortgage terminology
- Experiment with our calculators to better understand mortgage payments
- Use Rate Watch to get customized rate quotes emailed directly to you, or find out when your desired mortgage rate is available
- Check mortgage rates to get a personalized quote
Want to deal directly with a local mortgage specialist?
Find a SpecialistWhich Mortgage Is Right for You?
At Peoples Bank of Alabama, we like to focus on turning your hopes of a home into your reality. And we make it easy—apply anywhere, anytime, and continue on with your day.
If you are interested in buying, building, or refinancing in Alabama, we have a variety of home loans to offer you. We offer the following types of programs:
Down Payment Assistance
Looking to purchase a new home in Alabama? We can help you get the funds you need. There are certain eligibility requirements you have to meet, including credit score information.
FHA Loans
FHA loans are a great option for first time homebuyers! Our Alabama financial lenders will help you figure out what interest rate you qualify for.
Veteran Affairs Loans
Those who answered the call to serve our country deserve every benefit. Whatever kind of property you’re looking to buy, an Alabama housing finance authority can help you navigate the process.
USDA Loans
Are you looking for your new home in a rural or agricultural area of Alabama? We have special mortgage and interest rate options for you!
Conventional Loans
Whether you’re looking to refinance the mortgage on your first home, or you’re looking for second mortgage options, we’re here to help.
Jumbo Loans
Have you found your ultimate Alabama dream home? Or maybe your ultimate dream vacation home by the lake? Whether it’s your primary or secondary home, we can help you with a significant loan amount.
Construction/Permanent Loans
Looking to build your new home in Alabama instead of buying? We are the perfect partner to help you step by step through the process.
Long Term Rate Locks
Need time to find the perfect Alabama home? We can lock your fixed rate for up to 90 days.
We also offer in-house Portfolio Loans that are serviced by Peoples Bank of Alabama for the life of the loan term. Regardless of your situation, we may have a mortgage option to help make your home ownership dreams come true.
We have the personal loans, programs, and rates you’re looking for in Alabama.
Looking for a way to calculate your payments based on the size of the mortgage? Use our mortgage calculator by plugging in your information to see what your payments might look like in Alabama.
We also help you watch the rates and provide a personalized quote based on your information. It’s never been easier to get started with today’s mortgage rates.
Next Steps
Do you have questions about home loans in Alabama? We have your back. When it comes to mortgage rates in Alabama, home equity rate, APR, interest, etc., things get complicated fast. If you need help with your online application and personal resources, help is available.
The most frequently asked questions can be accessed at any time during the application, or you can use the contact form below to reach our Mortgage Team.
Finally, low rates with great service…together at last! It's just another way we at Peoples Bank of Alabama exceed expectations every day.
"Kent Howze and the Peoples Bank mortgage team do their job efficiently and with care. You feel that ʻsmall town bank’ family environment that is often lost in today’s world. You’ll feel like they actually care about you."
- Keith Lollar
“Jayme Bailey was very courteous and was prompt to return all phone calls. He was a man of his word and did what he said he would do! We would definitely do business with Peoples Bank again!”
- Jason & Danielle Farris