Montevallo, Alabama (AL) Mortgage Brokers

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  Below you will find a list of mortgage resources for Montevallo, Alabama. This list will help find mortage brokers in Montevallo, AL to assist you with your home loan needs.
   

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Below is a list of Mortgage Brokers - Mortgage Lenders in the Montevallo, AL area. 

Montevallo, AL Featured Mortgage Lenders


STANDARD LISTINGS   ( List Your Business Here - FREE!)
 
Spinks Financial Services, Inc.
Low Mortgage Rates, call today for free consultation.
Mike  Nichols  -   (P)877-823-5353   (F)205-665-9580   
1205 Ashville Road Ste. 200 - Montevallo, Alabama 35115
www.spinksfinancial.com


   
 

 
Important Websites for Montevallo, Alabama
 National Association of Mortgage Brokers
 Mortgage Bankers Association
 Mortgage Bankers Association of Alabama
 Alabama Mortgage Brokers Association
 NATIONAL  AVERAGES CURRENT CHANGE
30 Yr Fixed 4.56% -0.01%
15 Yr Fixed 4.03% -0.03%
1 Yr ARM 3.70% -0.04%
Fed Prime 3.25% 0.00%
30 Yr Tres 4.08% 0.00%
 
Important Information for the Montevallo, Alabama Area
County: Shelby   Elevation: 430 ft   Timezone: CST
Latittude: 33.10056   Longitude: -86.86417
How many people live in Montevallo (Population)? 4,825
How many homes are in Montevallo (Housing Units)? 1,897
What is the Population Per Square Mile? 639
How many Housing Units Per Square Mile? 251
How big is Montevallo, AL(Total Area)? 8 Sq M
How much water is in Montevallo (Water Area)? 0 Sq M
How much land is in Montevallo (Land Area)? 8 Sq M
  **Informational Purposes Only - If you find incorrect information please email us.
 
 
  Mortgage Tip #3: Consider a 15 Year Mortgage Over a 30 Year Mortgage

A 15 year mortgage will likely raise your monthly but can save you thousands in interest expense.

Example:

30 year mortgage on $150,000 at 6.5% - Over 30 years you will pay a total of $191,317 in interest.

15 year mortgage on $150,000 at 6.5% - Over 15 years you will pay a total of $85,199 in interest.

As you can see from this example the 15 year mortgage will save you $106,118.
 
 
 
   
 
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