Birmingham Mortgage Lender

Whether you are a first time homebuyer or have recently relocated to the area, chances are that you will need a Birmingham mortgage lender. Shopping for a financial institution in a new city can be a little perplexing, since you will not know who provides the best customers service and lowest interest rates. One source for finding lenders is to ask your current realtor who has been showing you prospective homes to purchase in the Birmingham area, as he or she will certainly know of several. Doing a cursory search online will also net you dozens, if not hundreds of mortgage companies who want your business in the area.

Here are a couple of local lenders to help you get started with your mortgage company shopping efforts:

Capmark Finance Company
2801 Hwy 280 South
Birmingham, Alabama

First Federal Mortgage
2871 Acton Rd.
Birmingham, Alabama

You may want to also call your current lender and ask if they have any branch offices in or near the city of Birmingham, this will give you an advantage, as you already have a track record with them, and they have all your personal information on file. This will enable them to easily see if you qualify for a new home loan, and what the absolute best terms are that can be extended to you. If you have always been in good standing with your current home loan company, it will only take a short time to get a pre-approved limit so you can narrow your house hunting down to those spending limits.

Calling the local chamber of commerce is always a great idea, as companies that belong to the chamber are usually of a higher caliber, and have a superior set of business ethics than most will. A chamber representative will be able to tell you what companies have been established in the city the longest, and who among them have the best reputations for taking care of their clientele. You may still want to get him or her to email you a list of all their members that specialize in home mortgages to comparison shop.