Mortgage in Alabama

Alabama FHA Home Loan


Alabama Loan Experts are an FHA, directly endorsed, approved lender by the Department of Housing and Urban Development. That means we have the experience and home loan knowledge not every mortgage lender has. Alabama home buyers love the flexibility of an FHA loan, 1 in 5 home buyers use an FHA mortgage. FHA loans provide very strong options for both purchase and home refinance. You can qualify with an extremely low down payment and less than perfect credit. Here’s what you can expect from one of the best home loans programs in Alabama.

Low FHA down payment options

  • Mortgage interest rates are typically lower than a conventional loan
  • As low as 3.5% down payment
  • Cash out refinance up to 80% of your home’s value
  • Debt to income ratios up to 57%
  • FHA mortgages can be used for condos, single family homes and 1-4 unit properties
  • Credit score down to 580 can be approved
  • Underwrite all FHA loans in house
  • A month without mortgage payments
  • 5-min home loan pre-approval
  • Rate and term refinance up to 97.75% of your home’s value
  • We can close your loan in as little as 14 days

    When you hear mortgage commercials about low mortgage interest rates, they are probably talking about a FHA home loan. Not all Alabama mortgage lenders offer the same interest rate or costs on a loan. As an FHA approved mortgage lender,  Alabama Loan Experts can help make this loan a reality for you and your family. We can help get you in your new Alabama home within a couple weeks. The FHA home loan process is hassle free, we’re here to help you every step of the way.

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.