Mortgage in Alabama

Alabama Conventional Mortgage


What can you do with the money from cash-out refinance?

Buying a new home in Alabama, with a conventional mortgage, should be an exciting moment in your life. At Alabama Loan Experts, we make it easy on our clients by issuing a pre-approval in 5-min and closing your loan in as little as 14-days. There is a reason that real estate agents all over Alabama refer us to their clients. We close on time, every time and we get their clients the lowest mortgage rates on the best conventional home loan possible. For Alabama borrowers with good credit and a consistent history of income, a conventional home mortgage may be the best option for you.

The Most Popular Mortgage

Conventional home loans are the single most popular mortgage type in Alabama and across the United States. Conventional mortgages offer low down payment options from 3% and up. With less than 20% down payment you will need to pay monthly PMI(Private Mortgage Insurance) or pay a one-time PMI premium at closing. Alabama Loan Experts will work with you to determine the down payment amount that works best for your situation. There are also various loan terms you can choose from, 15-year and 30- year mortgages are the most popular. A conventional mortgage is not insured or guaranteed by the government- like FHA, USDA, or VA home loans.

Getting Coloradoans The Best Mortgage Rates

When you buy a home in Alabama, you want to get the best mortgage rate for your home loan. Conventional mortgages offer both fixed interest rates and adjustable mortgage rates. A fixed interest rate will remain the same for the duration of your home loan. An adjustable rate mortgage(ARM) stays fixed for shorter amount of time then adjusts to current mortgage rate levels- these could be higher or lower mortgage rates. Adjustable rate mortgages may be a good option if you don’t plan on staying in your home for a long time.

We have created a team of hardworking mortgage professionals, who enjoy serving homeowners with integrity and enthusiasm. We place our value in the high level of service we provide to borrowers, Realtors, builders and each other. Our team is committed to excellence and doing the right thing, every time. If you share our values and commitment to providing exceptional customer service, please consider joining our team.

Alabama Home Loans & Mortgages

Best Home Mortgage Options For Ideal Borrower Situations

Pay Off High Interest Debt and Cash-out Equity In Your Home

Flexible Home Mortgage Guidelines With Attractive Rates

Refinance Your Current Home Mortgage Without An Appraisal

Higher-Dollar Home Loans From A Trusted Mortgage Lender

No Down Payment VA Home Loan For Military Veterans & Active Duty

Home Mortgage For Business Owners & Self-Employed

Get a 5-min Home Loan Approval & Close Your Mortgage in 14-days!

The Mike Carey Team – Offices Located in Foley and Orange Beach

150 West Section #100
Foley, AL 36535

WHy CHoose Alabama Loan Experts


Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.


As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.


Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.


We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.