Top Mortgage Lenders in Montgomery, AL

Which mortgage lender in the Montgomery, 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 Montgomery, 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 Montgomery, AL area in terms of interest rate is Trustmark National Bank, with an average “Rate Difference” of -0.17%. This means that, comparing similar borrowers, Trustmark National Bank provided a -0.17% lower interest rate for its customers than other lenders in the area. Trustmark National Bank has a market share of 12.5%. It is the most popular lender in the Montgomery, AL area.

Our detailed ranking of mortgage lenders in the Montgomery, 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 Montgomery, AL is MAX Credit Union. 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 Synovus Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Trustmark National Bank. The cheapest VA mortgage provider is also Trustmark National Bank. 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 Montgomery, AL

Mortgage Type:
Lender NameRate DifferenceRate RatingMarket Share
Trustmark National Bank-0.17%(4.5)12.52%
MAX Credit Union-0.16%(4.5)3.64%
Truist Bank-0.14%(4.0)1.16%
Cadence Bank-0.10%(4.0)2.04%
Renasant Bank-0.09%(4.0)5.41%
Certainty Home Loans-0.06%(4.0)2.50%
Troy Bank and Trust-0.06%(4.0)1.07%
GMFS Mortgage-0.06%(4.0)1.96%
Crescent Mortgage Company-0.04%(3.5)1.14%
Triumph Bank-0.02%(3.5)0.60%
PNC Bank-0.02%(3.5)1.05%
Regions Bank-0.00%(3.5)4.83%
PennyMac Loan Services0.01%(3.5)0.78%
SouthPoint Bank0.01%(3.5)0.93%
Fairway Independent Mortgage Corporation0.01%(3.5)9.94%
Navy Federal Credit Union0.01%(3.5)2.11%
InterLinc Mortgage Services0.02%(3.5)9.25%
Wells Fargo Bank0.02%(3.5)2.07%
Synovus Bank0.02%(3.5)0.66%
Carrington Mortgage Services0.04%(3.5)0.97%
FirstBank TN0.04%(3.5)0.83%
Caliber Home Loans0.06%(3.0)1.36%
CMG Financial0.07%(3.0)1.76%
Quicken Loans0.07%(3.0)8.88%
American Mortgage Service Company0.09%(3.0)0.66%
Guild Mortgage Company0.10%(3.0)10.89%
Bay Equity Home Loans0.12%(3.0)2.13%
Mr. Cooper0.13%(3.0)0.99%
Guardian Credit Union AL0.63%(1.0)1.45%
Lender NameRate DifferenceRate RatingMarket Share
Trustmark National Bank-0.18%(4.5)13.98%
Cadence Bank-0.11%(4.0)2.79%
Renasant Bank-0.11%(4.0)4.35%
Truist Bank-0.10%(4.0)0.75%
MAX Credit Union-0.10%(4.0)2.45%
GMFS Mortgage-0.08%(4.0)1.70%
Certainty Home Loans-0.07%(4.0)3.18%
Troy Bank and Trust-0.06%(4.0)1.06%
PennyMac Loan Services-0.04%(3.5)0.36%
Crescent Mortgage Company-0.04%(3.5)1.11%
Regions Bank-0.03%(3.5)3.23%
Triumph Bank-0.01%(3.5)0.33%
Wells Fargo Bank0.00%(3.5)2.12%
SouthPoint Bank0.01%(3.5)1.11%
Navy Federal Credit Union0.01%(3.5)2.67%
Fairway Independent Mortgage Corporation0.01%(3.5)12.31%
InterLinc Mortgage Services0.02%(3.5)12.53%
PNC Bank0.02%(3.5)0.19%
Synovus Bank0.02%(3.5)0.72%
FirstBank TN0.04%(3.5)0.84%
Caliber Home Loans0.08%(3.0)1.45%
CMG Financial0.08%(3.0)2.23%
American Mortgage Service Company0.09%(3.0)0.89%
Quicken Loans0.11%(3.0)3.68%
Guild Mortgage Company0.12%(3.0)13.45%
Bay Equity Home Loans0.13%(3.0)2.67%
Carrington Mortgage Services0.15%(3.0)0.33%
Mr. Cooper0.17%(2.5)0.70%
Guardian Credit Union AL0.51%(1.0)0.67%
Lender NameRate DifferenceRate RatingMarket Share
MAX Credit Union-0.22%(4.5)6.37%
Truist Bank-0.17%(4.5)2.10%
Trustmark National Bank-0.16%(4.5)9.18%
Renasant Bank-0.08%(4.0)7.84%
Troy Bank and Trust-0.05%(3.5)1.08%
Crescent Mortgage Company-0.04%(3.5)1.21%
GMFS Mortgage-0.03%(3.5)2.55%
Guild Mortgage Company-0.02%(3.5)5.04%
Triumph Bank-0.02%(3.5)1.21%
PNC Bank-0.02%(3.5)3.00%
Fairway Independent Mortgage Corporation-0.01%(3.5)4.53%
Cadence Bank0.01%(3.5)0.32%
Carrington Mortgage Services0.01%(3.5)2.42%
Bay Equity Home Loans0.01%(3.5)0.89%
Navy Federal Credit Union0.02%(3.5)0.83%
Caliber Home Loans0.02%(3.5)1.15%
Regions Bank0.02%(3.5)8.48%
Synovus Bank0.02%(3.5)0.51%
CMG Financial0.03%(3.5)0.70%
American Mortgage Service Company0.03%(3.5)0.13%
InterLinc Mortgage Services0.03%(3.5)1.72%
SouthPoint Bank0.03%(3.5)0.51%
PennyMac Loan Services0.03%(3.5)1.72%
FirstBank TN0.04%(3.5)0.83%
Certainty Home Loans0.04%(3.5)0.96%
Quicken Loans0.06%(3.0)20.78%
Wells Fargo Bank0.06%(3.0)1.98%
Mr. Cooper0.09%(3.0)1.66%
Guardian Credit Union AL0.69%(1.0)3.25%
Lender NameRate DifferenceRate RatingMarket Share
MAX Credit Union-0.17%(4.5)6.07%
Truist Bank-0.14%(4.0)1.90%
Trustmark National Bank-0.12%(4.0)11.59%
Cadence Bank-0.11%(4.0)3.25%
Renasant Bank-0.06%(4.0)6.37%
Troy Bank and Trust-0.06%(4.0)1.69%
Crescent Mortgage Company-0.04%(3.5)1.49%
Certainty Home Loans-0.04%(3.5)2.00%
GMFS Mortgage-0.03%(3.5)1.63%
Fairway Independent Mortgage Corporation-0.02%(3.5)8.64%
Triumph Bank-0.02%(3.5)0.78%
InterLinc Mortgage Services-0.02%(3.5)7.73%
Carrington Mortgage Services-0.01%(3.5)0.24%
PNC Bank-0.01%(3.5)1.83%
PennyMac Loan Services0.00%(3.5)0.71%
Regions Bank0.00%(3.5)7.12%
Guild Mortgage Company0.02%(3.5)9.56%
Wells Fargo Bank0.03%(3.5)3.22%
Synovus Bank0.03%(3.5)0.78%
American Mortgage Service Company0.03%(3.5)0.20%
FirstBank TN0.05%(3.0)0.85%
CMG Financial0.07%(3.0)0.81%
SouthPoint Bank0.08%(3.0)0.58%
Quicken Loans0.08%(3.0)8.07%
Mr. Cooper0.09%(3.0)0.47%
Caliber Home Loans0.11%(3.0)0.98%
Bay Equity Home Loans0.13%(3.0)1.73%
Navy Federal Credit Union0.29%(2.0)1.46%
Guardian Credit Union AL0.64%(1.0)2.54%
Lender NameRate DifferenceRate RatingMarket Share
Truist Bank-0.11%(4.0)1.24%
Cadence Bank-0.11%(4.0)4.90%
Trustmark National Bank-0.11%(4.0)13.66%
MAX Credit Union-0.10%(4.0)4.41%
Troy Bank and Trust-0.06%(4.0)1.83%
Certainty Home Loans-0.04%(3.5)2.74%
Renasant Bank-0.04%(3.5)4.30%
Crescent Mortgage Company-0.04%(3.5)1.45%
PennyMac Loan Services-0.03%(3.5)0.65%
GMFS Mortgage-0.03%(3.5)0.91%
Fairway Independent Mortgage Corporation-0.02%(3.5)10.92%
Regions Bank-0.02%(3.5)4.68%
InterLinc Mortgage Services-0.02%(3.5)10.92%
Triumph Bank-0.00%(3.5)0.48%
Wells Fargo Bank0.01%(3.5)3.55%
Guild Mortgage Company0.03%(3.5)13.02%
American Mortgage Service Company0.03%(3.5)0.27%
PNC Bank0.04%(3.5)0.38%
Synovus Bank0.04%(3.5)1.13%
FirstBank TN0.06%(3.0)0.75%
Mr. Cooper0.07%(3.0)0.16%
CMG Financial0.09%(3.0)0.97%
SouthPoint Bank0.10%(3.0)0.75%
Quicken Loans0.11%(3.0)2.80%
Caliber Home Loans0.13%(3.0)1.29%
Bay Equity Home Loans0.16%(2.5)2.31%
Navy Federal Credit Union0.33%(2.0)1.99%
Guardian Credit Union AL0.53%(1.0)1.29%
Lender NameRate DifferenceRate RatingMarket Share
MAX Credit Union-0.23%(4.5)8.88%
Truist Bank-0.17%(4.5)3.02%
Trustmark National Bank-0.14%(4.0)8.06%
Renasant Bank-0.09%(4.0)9.89%
Troy Bank and Trust-0.05%(4.0)1.47%
Crescent Mortgage Company-0.05%(3.5)1.56%
Triumph Bank-0.04%(3.5)1.28%
GMFS Mortgage-0.04%(3.5)2.84%
PNC Bank-0.02%(3.5)4.30%
Fairway Independent Mortgage Corporation-0.02%(3.5)4.76%
Carrington Mortgage Services-0.02%(3.5)0.64%
Bay Equity Home Loans0.00%(3.5)0.73%
Cadence Bank0.00%(3.5)0.46%
Synovus Bank0.01%(3.5)0.18%
CMG Financial0.01%(3.5)0.55%
Guild Mortgage Company0.01%(3.5)3.66%
Regions Bank0.02%(3.5)11.26%
SouthPoint Bank0.02%(3.5)0.27%
Caliber Home Loans0.02%(3.5)0.46%
InterLinc Mortgage Services0.03%(3.5)2.29%
American Mortgage Service Company0.03%(3.5)0.09%
FirstBank TN0.04%(3.5)1.01%
PennyMac Loan Services0.04%(3.5)0.82%
Certainty Home Loans0.04%(3.5)0.73%
Navy Federal Credit Union0.06%(3.0)0.55%
Wells Fargo Bank0.06%(3.0)2.66%
Quicken Loans0.07%(3.0)17.03%
Mr. Cooper0.09%(3.0)1.01%
Guardian Credit Union AL0.69%(1.0)4.67%
Lender NameRate DifferenceRate RatingMarket Share
Trustmark National Bank-0.32%(5.0)11.64%
Renasant Bank-0.20%(4.5)4.73%
GMFS Mortgage-0.16%(4.5)2.36%
Certainty Home Loans-0.11%(4.0)4.45%
SouthPoint Bank-0.07%(4.0)2.00%
Crescent Mortgage Company-0.04%(3.5)1.09%
Regions Bank-0.04%(3.5)1.64%
Triumph Bank-0.01%(3.5)0.27%
Fairway Independent Mortgage Corporation-0.00%(3.5)13.91%
Navy Federal Credit Union0.00%(3.5)0.18%
PennyMac Loan Services0.00%(3.5)0.36%
Cadence Bank0.01%(3.5)0.45%
FirstBank TN0.02%(3.5)0.73%
Caliber Home Loans0.02%(3.5)1.55%
Carrington Mortgage Services0.03%(3.5)2.55%
Wells Fargo Bank0.03%(3.5)0.18%
InterLinc Mortgage Services0.03%(3.5)12.36%
Quicken Loans0.03%(3.5)12.55%
CMG Financial0.05%(3.0)4.82%
American Mortgage Service Company0.07%(3.0)1.55%
Bay Equity Home Loans0.11%(3.0)3.00%
Mr. Cooper0.15%(2.5)2.00%
Guild Mortgage Company0.29%(2.0)13.09%
Lender NameRate DifferenceRate RatingMarket Share
Trustmark National Bank-0.34%(5.0)12.68%
Renasant Bank-0.21%(4.5)5.20%
GMFS Mortgage-0.17%(4.5)2.71%
Certainty Home Loans-0.12%(4.0)5.09%
SouthPoint Bank-0.08%(4.0)2.06%
Regions Bank-0.06%(4.0)1.63%
Crescent Mortgage Company-0.05%(3.5)1.19%
Triumph Bank-0.01%(3.5)0.22%
Fairway Independent Mortgage Corporation-0.00%(3.5)15.82%
Navy Federal Credit Union0.00%(3.5)0.22%
Cadence Bank0.01%(3.5)0.54%
PennyMac Loan Services0.01%(3.5)0.11%
Caliber Home Loans0.01%(3.5)1.52%
FirstBank TN0.02%(3.5)0.87%
InterLinc Mortgage Services0.03%(3.5)14.73%
Wells Fargo Bank0.04%(3.5)0.11%
CMG Financial0.05%(3.0)5.53%
American Mortgage Service Company0.07%(3.0)1.73%
Quicken Loans0.10%(3.0)5.31%
Bay Equity Home Loans0.12%(3.0)3.25%
Carrington Mortgage Services0.15%(3.0)0.98%
Mr. Cooper0.20%(2.5)1.52%
Guild Mortgage Company0.30%(2.0)15.17%
Lender NameRate DifferenceRate RatingMarket Share
Trustmark National Bank-0.09%(4.0)6.21%
Carrington Mortgage Services-0.03%(3.5)10.73%
Renasant Bank-0.01%(3.5)2.26%
Guild Mortgage Company-0.01%(3.5)2.26%
Quicken Loans-0.00%(3.5)50.28%
PennyMac Loan Services-0.00%(3.5)1.69%
Fairway Independent Mortgage Corporation0.00%(3.5)3.95%
Crescent Mortgage Company0.00%(3.5)0.56%
American Mortgage Service Company0.01%(3.5)0.56%
Triumph Bank0.01%(3.5)0.56%
Certainty Home Loans0.01%(3.5)1.13%
CMG Financial0.01%(3.5)1.13%
SouthPoint Bank0.02%(3.5)1.69%
Bay Equity Home Loans0.02%(3.5)1.69%
Wells Fargo Bank0.02%(3.5)0.56%
Caliber Home Loans0.03%(3.5)1.69%
GMFS Mortgage0.04%(3.5)0.56%
Regions Bank0.07%(3.0)1.69%
Mr. Cooper0.07%(3.0)4.52%
Lender NameRate DifferenceRate RatingMarket Share
Synovus Bank-0.01%(3.5)31.43%
Truist Bank-0.01%(3.5)5.71%
GMFS Mortgage-0.01%(3.5)2.86%
Regions Bank-0.00%(3.5)22.86%
Renasant Bank0.00%(3.5)2.86%
Trustmark National Bank0.01%(3.5)14.29%
Guild Mortgage Company0.01%(3.5)2.86%
Quicken Loans0.02%(3.5)5.71%
Fairway Independent Mortgage Corporation0.02%(3.5)8.57%
Lender NameRate DifferenceRate RatingMarket Share
Synovus Bank-0.01%(3.5)27.78%
Truist Bank-0.01%(3.5)11.11%
Guild Mortgage Company0.00%(3.5)5.56%
Trustmark National Bank0.00%(3.5)22.22%
Regions Bank0.01%(3.5)16.67%
Fairway Independent Mortgage Corporation0.02%(3.5)16.67%
Lender NameRate DifferenceRate RatingMarket Share
Regions Bank-0.01%(3.5)29.41%
GMFS Mortgage-0.00%(3.5)5.88%
Synovus Bank-0.00%(3.5)35.29%
Trustmark National Bank0.00%(3.5)5.88%
Renasant Bank0.01%(3.5)5.88%
Quicken Loans0.02%(3.5)11.76%
Lender NameRate DifferenceRate RatingMarket Share
Trustmark National Bank-0.18%(4.5)15.94%
Navy Federal Credit Union-0.17%(4.5)5.96%
Renasant Bank-0.08%(4.0)3.54%
Certainty Home Loans-0.03%(3.5)1.96%
Cadence Bank-0.01%(3.5)0.37%
GMFS Mortgage-0.01%(3.5)2.42%
Regions Bank-0.00%(3.5)1.21%
Troy Bank and Trust0.01%(3.5)0.47%
Triumph Bank0.01%(3.5)0.47%
Wells Fargo Bank0.01%(3.5)0.93%
Crescent Mortgage Company0.02%(3.5)0.28%
PennyMac Loan Services0.02%(3.5)1.40%
Truist Bank0.03%(3.5)0.19%
MAX Credit Union0.03%(3.5)0.84%
Caliber Home Loans0.03%(3.5)2.24%
SouthPoint Bank0.04%(3.5)0.84%
FirstBank TN0.04%(3.5)0.93%
Carrington Mortgage Services0.06%(3.0)1.40%
InterLinc Mortgage Services0.06%(3.0)10.53%
Guild Mortgage Company0.06%(3.0)12.58%
Bay Equity Home Loans0.09%(3.0)2.42%
CMG Financial0.10%(3.0)1.30%
Fairway Independent Mortgage Corporation0.10%(3.0)9.51%
Mr. Cooper0.11%(3.0)1.40%
Quicken Loans0.11%(3.0)7.46%
American Mortgage Service Company0.12%(3.0)1.03%
Lender NameRate DifferenceRate RatingMarket Share
Navy Federal Credit Union-0.20%(4.5)7.22%
Trustmark National Bank-0.17%(4.5)16.08%
Renasant Bank-0.11%(4.0)3.54%
Certainty Home Loans-0.05%(4.0)2.03%
Regions Bank-0.02%(3.5)1.39%
GMFS Mortgage-0.02%(3.5)2.41%
Cadence Bank-0.02%(3.5)0.51%
Troy Bank and Trust-0.00%(3.5)0.51%
Wells Fargo Bank0.00%(3.5)1.14%
Crescent Mortgage Company0.01%(3.5)0.25%
Triumph Bank0.02%(3.5)0.13%
Truist Bank0.02%(3.5)0.25%
MAX Credit Union0.03%(3.5)0.76%
SouthPoint Bank0.04%(3.5)0.89%
FirstBank TN0.04%(3.5)1.01%
Caliber Home Loans0.04%(3.5)1.77%
InterLinc Mortgage Services0.05%(3.0)14.05%
Carrington Mortgage Services0.08%(3.0)0.38%
Bay Equity Home Loans0.10%(3.0)2.91%
CMG Financial0.10%(3.0)1.39%
Fairway Independent Mortgage Corporation0.11%(3.0)11.39%
Guild Mortgage Company0.11%(3.0)12.66%
American Mortgage Service Company0.11%(3.0)1.39%
Quicken Loans0.13%(3.0)3.92%
Mr. Cooper0.13%(3.0)1.01%
Lender NameRate DifferenceRate RatingMarket Share
Trustmark National Bank-0.19%(4.5)15.55%
Guild Mortgage Company-0.06%(4.0)12.37%
Navy Federal Credit Union-0.00%(3.5)2.47%
Renasant Bank0.00%(3.5)3.53%
Caliber Home Loans0.03%(3.5)3.53%
GMFS Mortgage0.03%(3.5)2.47%
Triumph Bank0.03%(3.5)1.41%
Bay Equity Home Loans0.03%(3.5)1.06%
MAX Credit Union0.04%(3.5)1.06%
Crescent Mortgage Company0.04%(3.5)0.35%
Troy Bank and Trust0.04%(3.5)0.35%
PennyMac Loan Services0.04%(3.5)5.30%
InterLinc Mortgage Services0.04%(3.5)0.71%
SouthPoint Bank0.05%(3.5)0.71%
Fairway Independent Mortgage Corporation0.05%(3.5)4.24%
FirstBank TN0.05%(3.5)0.71%
Certainty Home Loans0.06%(3.0)1.77%
Carrington Mortgage Services0.06%(3.0)4.24%
CMG Financial0.07%(3.0)1.06%
Wells Fargo Bank0.07%(3.0)0.35%
Regions Bank0.07%(3.0)0.71%
Mr. Cooper0.09%(3.0)2.47%
Quicken Loans0.11%(3.0)17.31%

* Data is compiled for the Montgomery, AL commuting zone area, which comprises of counties of Autauga County, AL, Butler County, AL, Covington County, AL, Crenshaw County, AL, Elmore County, AL, Lowndes County, AL, Montgomery County, AL, and Pike County, AL. This includes cities/towns/communities of Montgomery, AL as well as Prattville, AL, Pine Level, AL, Wetumpka, AL, Troy, AL, Holtville, AL, Millbrook, AL, Pike Road, AL, Deatsville, AL, Emerald Mountain, AL, Greenville, AL, Andalusia, AL, Eclectic, AL, Opp, AL, Coosada, AL, Gantt, AL, Luverne, AL, Prattville, AL, Hayneville, AL, River Falls, AL, Goshen, AL, Banks, AL, Brundidge, AL, Lockhart, AL, Billingsley, AL, Babbie, AL, Horn Hill, AL, Autaugaville, AL, White Hall, AL, Carolina, AL, Fort Deposit, AL, Brantley, AL, Georgiana, AL, Petrey, AL, McKenzie, AL, and Mosses, 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

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