Top Mortgage Lenders in Tuscaloosa, AL

Which mortgage lender in the Tuscaloosa, AL area typically has the best rates? To help you narrow down where to shop for a mortgage, provides an objective and data driven ranking of mortgage lenders operating in the Tuscaloosa, AL area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.

Going by historical data, the best mortgage lender in the Tuscaloosa, AL area in terms of interest rate is First Federal Bank, with an average “Rate Difference” of -0.12%. This means that, comparing similar borrowers, First Federal Bank provided a -0.12% lower interest rate for its customers than other lenders in the area. First Federal Bank has a market share of 14.8%. It is the most popular lender in the Tuscaloosa, AL area.

Our detailed ranking of mortgage lenders in the Tuscaloosa, AL area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, going by historical data, the cheapest lender for Conventional mortgages in Tuscaloosa, AL is First Federal Bank. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is Regions Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First Federal Bank. The cheapest VA mortgage provider is USAA. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.

Ranking of Mortgage Lenders in Tuscaloosa, AL

Mortgage Type:
Lender NameRate DifferenceRate RatingMarket Share
First Federal Bank-0.12%(4.0)14.80%
Cadence Bank-0.09%(4.0)8.90%
Alabama Credit Union-0.08%(4.0)3.36%
Trustmark National Bank-0.04%(3.5)3.31%
Renasant Bank-0.04%(3.5)4.27%
InterLinc Mortgage Services-0.02%(3.5)10.71%
BancorpSouth Bank0.01%(3.5)6.13%
Regions Bank0.01%(3.5)6.58%
DHI Mortgage Company Limited0.01%(3.5)2.22%
Bank of Little Rock0.02%(3.5)4.18%
BankFirst Financial Services0.02%(3.5)2.32%
Wells Fargo Bank0.02%(3.5)4.49%
FirstBank TN0.06%(3.0)7.22%
Carrington Mortgage Services0.07%(3.0)1.68%
Quicken Loans0.10%(3.0)9.49%
PNC Bank0.11%(3.0)1.63%
Southwest Funding0.36%(1.5)3.27%
Lender NameRate DifferenceRate RatingMarket Share
First Federal Bank-0.10%(4.0)15.10%
Cadence Bank-0.09%(4.0)12.54%
Regions Bank-0.05%(4.0)6.34%
Trustmark National Bank-0.04%(3.5)2.83%
InterLinc Mortgage Services-0.02%(3.5)14.16%
Renasant Bank-0.01%(3.5)3.78%
Wells Fargo Bank-0.01%(3.5)4.38%
BancorpSouth Bank0.01%(3.5)7.35%
DHI Mortgage Company Limited0.02%(3.5)3.30%
Bank of Little Rock0.02%(3.5)4.11%
PNC Bank0.03%(3.5)0.54%
BankFirst Financial Services0.03%(3.5)2.23%
Carrington Mortgage Services0.08%(3.0)0.67%
FirstBank TN0.08%(3.0)8.43%
Alabama Credit Union0.11%(3.0)1.42%
Quicken Loans0.11%(3.0)3.51%
Southwest Funding0.37%(1.5)4.79%
Lender NameRate DifferenceRate RatingMarket Share
Alabama Credit Union-0.17%(4.5)7.36%
First Federal Bank-0.15%(4.0)14.17%
Renasant Bank-0.08%(4.0)5.28%
Trustmark National Bank-0.05%(4.0)4.31%
Cadence Bank-0.01%(3.5)1.39%
BancorpSouth Bank-0.01%(3.5)3.61%
Bank of Little Rock0.00%(3.5)4.31%
FirstBank TN0.00%(3.5)4.72%
BankFirst Financial Services0.00%(3.5)2.50%
Southwest Funding0.01%(3.5)0.14%
Carrington Mortgage Services0.05%(3.0)3.75%
InterLinc Mortgage Services0.07%(3.0)3.61%
Wells Fargo Bank0.09%(3.0)4.72%
Quicken Loans0.09%(3.0)21.81%
PNC Bank0.11%(3.0)3.89%
Regions Bank0.11%(3.0)7.08%
Lender NameRate DifferenceRate RatingMarket Share
First Federal Bank-0.12%(4.0)15.84%
Cadence Bank-0.09%(4.0)11.70%
Alabama Credit Union-0.08%(4.0)4.75%
Renasant Bank-0.04%(3.5)5.08%
Trustmark National Bank-0.02%(3.5)2.67%
Regions Bank0.02%(3.5)8.49%
BancorpSouth Bank0.03%(3.5)6.48%
Bank of Little Rock0.03%(3.5)3.81%
BankFirst Financial Services0.03%(3.5)3.41%
InterLinc Mortgage Services0.03%(3.5)7.62%
Wells Fargo Bank0.04%(3.5)5.82%
DHI Mortgage Company Limited0.04%(3.5)1.14%
Southwest Funding0.04%(3.5)0.47%
Carrington Mortgage Services0.05%(3.0)0.74%
FirstBank TN0.10%(3.0)7.15%
PNC Bank0.12%(3.0)2.27%
Quicken Loans0.16%(2.5)8.56%
Lender NameRate DifferenceRate RatingMarket Share
First Federal Bank-0.09%(4.0)16.24%
Cadence Bank-0.08%(4.0)17.51%
Regions Bank-0.04%(3.5)8.23%
Renasant Bank-0.01%(3.5)4.32%
Wells Fargo Bank0.01%(3.5)5.80%
Trustmark National Bank0.02%(3.5)1.90%
InterLinc Mortgage Services0.03%(3.5)10.34%
Bank of Little Rock0.04%(3.5)3.16%
PNC Bank0.04%(3.5)0.74%
BankFirst Financial Services0.04%(3.5)3.48%
BancorpSouth Bank0.04%(3.5)8.23%
DHI Mortgage Company Limited0.06%(3.0)1.79%
Southwest Funding0.06%(3.0)0.74%
Carrington Mortgage Services0.09%(3.0)0.11%
Alabama Credit Union0.13%(3.0)2.11%
FirstBank TN0.13%(3.0)8.65%
Quicken Loans0.16%(2.5)2.95%
Lender NameRate DifferenceRate RatingMarket Share
Alabama Credit Union-0.18%(4.5)9.31%
First Federal Bank-0.17%(4.5)15.15%
Renasant Bank-0.08%(4.0)6.39%
Trustmark National Bank-0.07%(4.0)4.01%
Cadence Bank-0.02%(3.5)1.64%
BancorpSouth Bank-0.01%(3.5)3.47%
Bank of Little Rock0.01%(3.5)4.93%
BankFirst Financial Services0.01%(3.5)3.28%
FirstBank TN0.01%(3.5)4.56%
Carrington Mortgage Services0.02%(3.5)1.82%
Wells Fargo Bank0.09%(3.0)5.84%
InterLinc Mortgage Services0.10%(3.0)2.92%
PNC Bank0.12%(3.0)4.93%
Regions Bank0.12%(3.0)8.94%
Quicken Loans0.14%(3.0)18.25%
Lender NameRate DifferenceRate RatingMarket Share
First Federal Bank-0.15%(4.0)12.73%
Regions Bank-0.09%(4.0)2.63%
Trustmark National Bank-0.09%(4.0)5.05%
InterLinc Mortgage Services-0.08%(4.0)20.40%
Cadence Bank-0.08%(4.0)2.63%
DHI Mortgage Company Limited-0.07%(4.0)4.24%
BancorpSouth Bank-0.05%(3.5)5.66%
FirstBank TN-0.02%(3.5)7.27%
Bank of Little Rock-0.02%(3.5)5.45%
Quicken Loans-0.01%(3.5)11.31%
Renasant Bank-0.01%(3.5)2.42%
Wells Fargo Bank0.04%(3.5)0.20%
Carrington Mortgage Services0.07%(3.0)3.64%
Southwest Funding0.40%(1.5)12.12%
Lender NameRate DifferenceRate RatingMarket Share
First Federal Bank-0.16%(4.5)13.61%
Trustmark National Bank-0.11%(4.0)4.95%
Regions Bank-0.10%(4.0)3.22%
InterLinc Mortgage Services-0.09%(4.0)23.02%
Cadence Bank-0.08%(4.0)3.22%
DHI Mortgage Company Limited-0.07%(4.0)5.20%
BancorpSouth Bank-0.06%(4.0)5.94%
FirstBank TN-0.03%(3.5)8.17%
Bank of Little Rock-0.02%(3.5)5.94%
Renasant Bank-0.01%(3.5)2.72%
Carrington Mortgage Services0.04%(3.5)1.24%
Wells Fargo Bank0.04%(3.5)0.25%
Quicken Loans0.04%(3.5)4.70%
Southwest Funding0.41%(1.5)14.60%
Lender NameRate DifferenceRate RatingMarket Share
First Federal Bank-0.04%(3.5)8.79%
Quicken Loans-0.03%(3.5)40.66%
Bank of Little Rock-0.00%(3.5)3.30%
Southwest Funding0.01%(3.5)1.10%
Trustmark National Bank0.01%(3.5)5.49%
Renasant Bank0.02%(3.5)1.10%
BancorpSouth Bank0.02%(3.5)4.40%
InterLinc Mortgage Services0.02%(3.5)8.79%
FirstBank TN0.02%(3.5)3.30%
Carrington Mortgage Services0.08%(3.0)14.29%
Lender NameRate DifferenceRate RatingMarket Share
Regions Bank-0.02%(3.5)13.04%
FirstBank TN-0.01%(3.5)13.04%
Trustmark National Bank-0.01%(3.5)4.35%
Wells Fargo Bank-0.00%(3.5)8.70%
Alabama Credit Union-0.00%(3.5)13.04%
PNC Bank0.00%(3.5)8.70%
InterLinc Mortgage Services0.00%(3.5)4.35%
Cadence Bank0.01%(3.5)34.78%
Lender NameRate DifferenceRate RatingMarket Share
Regions Bank-0.03%(3.5)12.50%
Wells Fargo Bank-0.01%(3.5)6.25%
FirstBank TN-0.01%(3.5)18.75%
Alabama Credit Union0.00%(3.5)6.25%
PNC Bank0.00%(3.5)6.25%
InterLinc Mortgage Services0.00%(3.5)6.25%
Cadence Bank0.01%(3.5)43.75%
Lender NameRate DifferenceRate RatingMarket Share
Trustmark National Bank-0.01%(3.5)14.29%
Alabama Credit Union-0.00%(3.5)28.57%
Cadence Bank-0.00%(3.5)14.29%
PNC Bank0.00%(3.5)14.29%
Regions Bank0.00%(3.5)14.29%
Wells Fargo Bank0.01%(3.5)14.29%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.04%(3.5)4.76%
Trustmark National Bank-0.04%(3.5)3.70%
InterLinc Mortgage Services-0.04%(3.5)10.58%
FirstBank TN-0.03%(3.5)6.88%
BancorpSouth Bank-0.01%(3.5)5.29%
First Federal Bank-0.01%(3.5)13.76%
Regions Bank-0.01%(3.5)1.06%
Renasant Bank0.00%(3.5)3.17%
Bank of Little Rock0.04%(3.5)4.23%
Quicken Loans0.04%(3.5)13.23%
Carrington Mortgage Services0.06%(3.0)4.23%
DHI Mortgage Company Limited0.07%(3.0)5.82%
Southwest Funding0.09%(3.0)2.65%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.04%(3.5)6.96%
InterLinc Mortgage Services-0.04%(3.5)15.65%
Trustmark National Bank-0.03%(3.5)3.48%
FirstBank TN-0.03%(3.5)6.09%
BancorpSouth Bank-0.01%(3.5)6.09%
Regions Bank-0.00%(3.5)0.87%
Renasant Bank0.01%(3.5)3.48%
First Federal Bank0.01%(3.5)13.04%
Quicken Loans0.04%(3.5)4.35%
Bank of Little Rock0.05%(3.5)6.09%
Carrington Mortgage Services0.06%(3.0)3.48%
DHI Mortgage Company Limited0.07%(3.0)9.57%
Southwest Funding0.09%(3.0)4.35%
Lender NameRate DifferenceRate RatingMarket Share
Trustmark National Bank-0.04%(3.5)4.05%
First Federal Bank-0.04%(3.5)14.86%
FirstBank TN-0.04%(3.5)8.11%
BancorpSouth Bank-0.02%(3.5)4.05%
Regions Bank-0.01%(3.5)1.35%
Bank of Little Rock-0.01%(3.5)1.35%
Renasant Bank-0.00%(3.5)2.70%
Wells Fargo Bank0.00%(3.5)1.35%
InterLinc Mortgage Services0.01%(3.5)2.70%
Quicken Loans0.03%(3.5)27.03%
Carrington Mortgage Services0.06%(3.0)5.41%

* Data is compiled for the Tuscaloosa, AL commuting zone area, which comprises of counties of Greene County, AL, Hale County, AL, Pickens County, AL, and Tuscaloosa County, AL. This includes cities/towns/communities of Tuscaloosa, AL as well as Northport, AL, Woodstock, AL, Moundville, AL, Brookwood, AL, Holt, AL, Gordo, AL, Moundville, AL, Memphis, AL, Coker, AL, Greensboro, AL, Eutaw, AL, Reform, AL, Akron, AL, Ethelsville, AL, Pickensville, AL, Forkland, AL, Newbern, AL, and Union, AL. Lenders must have made at least 30 loans in the area to be included. Source of the data is Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate conditional on the commuting zone, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings in Other Cities

This page contains information about the top mortgage lenders in the Tuscaloosa, AL area. For mortgage lender rankings in other cities, click here.