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, we provide a data driven ranking of mortgage lenders in the Tuscaloosa, AL area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Tuscaloosa, AL area is First Federal Bank A FSB, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.12%. This means that First Federal Bank A FSB provided a -0.12% lower interest rate for its customers than other lenders in Tuscaloosa, AL for a similar set of borrowers. First Federal Bank A FSB has a market share of 14.7%. It is the most popular lender in the area.

Our detailed rankings of the mortgage lenders for 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, the cheapest lender for Conventional mortgages in Tuscaloosa, AL is First Federal Bank A FSB. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), 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 A FSB. The cheapest VA mortgage provider is Usaa Federal Savings Bank. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Ranking of Mortgage Lenders in Tuscaloosa, AL

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank A FSB 1, -0.12% 14.74%
Cadence Bank 2, -0.09% 9.00%
Alabama Credit Union 3, -0.08% 3.35%
Trustmark National Bank 4, -0.04% 3.35%
Renasant Bank 5, -0.04% 4.25%
InterLinc Mortgage Services 6, -0.02% 10.67%
Usaa Federal Savings Bank 7, -0.01% 1.85%
BancorpSouth Bank 8, 0.01% 6.11%
Regions Bank 9, 0.01% 6.60%
SmartBank 10, 0.01% 1.45%
DHI Mortgage Company Limited 11, 0.01% 2.22%
Bank Of Little Rock Mortgage Corporation 12, 0.02% 4.16%
BankFirst Financial Services 13, 0.02% 2.31%
Wells Fargo Bank 14, 0.02% 4.48%
FirstBank 15, 0.06% 7.19%
LoanDepot 16, 0.06% 2.13%
Carrington Mortgage Services 17, 0.07% 1.67%
Quicken Loans 18, 0.10% 9.59%
Pnc Bank 19, 0.11% 1.63%
Southwest Funding LP 20, 0.36% 3.26%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank A FSB 1, -0.10% 15.07%
Cadence Bank 2, -0.09% 12.65%
Regions Bank 3, -0.05% 6.33%
Trustmark National Bank 4, -0.04% 2.83%
InterLinc Mortgage Services 5, -0.02% 14.13%
Renasant Bank 6, -0.01% 3.77%
Wells Fargo Bank 7, -0.01% 4.37%
Usaa Federal Savings Bank 8, 0.00% 1.68%
BancorpSouth Bank 9, 0.01% 7.34%
DHI Mortgage Company Limited 10, 0.02% 3.30%
Bank Of Little Rock Mortgage Corporation 11, 0.02% 4.10%
BankFirst Financial Services 12, 0.02% 2.22%
Pnc Bank 13, 0.03% 0.54%
SmartBank 14, 0.03% 1.41%
Carrington Mortgage Services 15, 0.07% 0.67%
FirstBank 16, 0.08% 8.41%
LoanDepot 17, 0.08% 1.41%
Alabama Credit Union 18, 0.11% 1.41%
Quicken Loans 19, 0.11% 3.57%
Southwest Funding LP 20, 0.37% 4.78%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Alabama Credit Union 1, -0.17% 7.31%
First Federal Bank A FSB 2, -0.15% 14.07%
Renasant Bank 3, -0.08% 5.24%
Trustmark National Bank 4, -0.05% 4.41%
SmartBank 5, -0.03% 1.52%
Usaa Federal Savings Bank 6, -0.02% 2.21%
Cadence Bank 7, -0.01% 1.52%
BancorpSouth Bank 8, -0.01% 3.59%
Bank Of Little Rock Mortgage Corporation 9, 0.00% 4.28%
FirstBank 10, 0.00% 4.69%
BankFirst Financial Services 11, 0.01% 2.48%
Southwest Funding LP 12, 0.01% 0.14%
LoanDepot 13, 0.03% 3.59%
Carrington Mortgage Services 14, 0.05% 3.72%
InterLinc Mortgage Services 15, 0.07% 3.59%
Quicken Loans 16, 0.08% 21.93%
Wells Fargo Bank 17, 0.09% 4.69%
Regions Bank 18, 0.11% 7.17%
Pnc Bank 19, 0.11% 3.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank A FSB 1, -0.12% 15.80%
Cadence Bank 2, -0.09% 11.67%
Alabama Credit Union 3, -0.08% 4.73%
Renasant Bank 4, -0.04% 5.07%
Trustmark National Bank 5, -0.02% 2.67%
SmartBank 6, 0.02% 2.07%
Regions Bank 7, 0.02% 8.53%
BancorpSouth Bank 8, 0.03% 6.47%
Bank Of Little Rock Mortgage Corporation 9, 0.03% 3.80%
BankFirst Financial Services 10, 0.03% 3.40%
InterLinc Mortgage Services 11, 0.03% 7.60%
Wells Fargo Bank 12, 0.04% 5.80%
DHI Mortgage Company Limited 13, 0.04% 1.13%
Usaa Federal Savings Bank 14, 0.04% 1.07%
Southwest Funding LP 15, 0.04% 0.47%
LoanDepot 16, 0.04% 0.87%
Carrington Mortgage Services 17, 0.05% 0.73%
FirstBank 18, 0.10% 7.13%
Pnc Bank 19, 0.12% 2.27%
Quicken Loans 20, 0.16% 8.73%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank A FSB 1, -0.09% 16.23%
Cadence Bank 2, -0.08% 17.49%
Regions Bank 3, -0.04% 8.22%
Renasant Bank 4, -0.01% 4.32%
Wells Fargo Bank 5, 0.01% 5.80%
Trustmark National Bank 6, 0.02% 1.90%
InterLinc Mortgage Services 7, 0.03% 10.33%
Bank Of Little Rock Mortgage Corporation 8, 0.04% 3.16%
Pnc Bank 9, 0.04% 0.74%
BankFirst Financial Services 10, 0.04% 3.48%
SmartBank 11, 0.04% 2.21%
BancorpSouth Bank 12, 0.04% 8.22%
LoanDepot 13, 0.05% 0.42%
DHI Mortgage Company Limited 14, 0.06% 1.79%
Southwest Funding LP 15, 0.06% 0.74%
Usaa Federal Savings Bank 16, 0.07% 1.05%
Carrington Mortgage Services 17, 0.09% 0.11%
Alabama Credit Union 18, 0.13% 2.11%
FirstBank 19, 0.13% 8.64%
Quicken Loans 20, 0.16% 3.06%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Alabama Credit Union 1, -0.18% 9.26%
First Federal Bank A FSB 2, -0.17% 15.06%
Renasant Bank 3, -0.08% 6.35%
Trustmark National Bank 4, -0.07% 3.99%
SmartBank 5, -0.03% 1.81%
Cadence Bank 6, -0.01% 1.63%
BancorpSouth Bank 7, -0.01% 3.45%
Usaa Federal Savings Bank 8, -0.01% 1.09%
BankFirst Financial Services 9, 0.01% 3.27%
Bank Of Little Rock Mortgage Corporation 10, 0.01% 4.90%
FirstBank 11, 0.01% 4.54%
LoanDepot 12, 0.02% 1.63%
Carrington Mortgage Services 13, 0.02% 1.81%
Wells Fargo Bank 14, 0.09% 5.81%
InterLinc Mortgage Services 15, 0.11% 2.90%
Regions Bank 16, 0.11% 9.07%
Pnc Bank 17, 0.12% 4.90%
Quicken Loans 18, 0.14% 18.51%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank A FSB 1, -0.15% 12.73%
Regions Bank 2, -0.09% 2.63%
Trustmark National Bank 3, -0.09% 5.05%
InterLinc Mortgage Services 4, -0.08% 20.40%
Cadence Bank 5, -0.08% 2.63%
DHI Mortgage Company Limited 6, -0.07% 4.24%
BancorpSouth Bank 7, -0.05% 5.66%
FirstBank 8, -0.02% 7.27%
Bank Of Little Rock Mortgage Corporation 9, -0.02% 5.45%
Quicken Loans 10, -0.01% 11.31%
Renasant Bank 11, -0.01% 2.42%
Wells Fargo Bank 12, 0.04% 0.20%
LoanDepot 13, 0.05% 4.24%
Carrington Mortgage Services 14, 0.07% 3.64%
Southwest Funding LP 15, 0.40% 12.12%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank A FSB 1, -0.16% 13.61%
Trustmark National Bank 2, -0.11% 4.95%
Regions Bank 3, -0.10% 3.22%
InterLinc Mortgage Services 4, -0.09% 23.02%
Cadence Bank 5, -0.08% 3.22%
DHI Mortgage Company Limited 6, -0.07% 5.20%
BancorpSouth Bank 7, -0.06% 5.94%
FirstBank 8, -0.03% 8.17%
Bank Of Little Rock Mortgage Corporation 9, -0.02% 5.94%
Renasant Bank 10, -0.01% 2.72%
Carrington Mortgage Services 11, 0.04% 1.24%
Wells Fargo Bank 12, 0.04% 0.25%
Quicken Loans 13, 0.04% 4.70%
LoanDepot 14, 0.08% 3.22%
Southwest Funding LP 15, 0.41% 14.60%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Federal Bank A FSB 1, -0.04% 8.79%
Quicken Loans 2, -0.03% 40.66%
Bank Of Little Rock Mortgage Corporation 3, -0.00% 3.30%
Southwest Funding LP 4, 0.01% 1.10%
LoanDepot 5, 0.01% 8.79%
Trustmark National Bank 6, 0.01% 5.49%
Renasant Bank 7, 0.02% 1.10%
BancorpSouth Bank 8, 0.02% 4.40%
InterLinc Mortgage Services 9, 0.02% 8.79%
FirstBank 10, 0.02% 3.30%
Carrington Mortgage Services 11, 0.08% 14.29%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.02% 11.11%
Trustmark National Bank 2, -0.01% 7.41%
FirstBank 3, -0.01% 11.11%
Alabama Credit Union 4, -0.00% 11.11%
Wells Fargo Bank 5, -0.00% 7.41%
Pnc Bank 6, 0.00% 7.41%
InterLinc Mortgage Services 7, 0.00% 3.70%
Cadence Bank 8, 0.01% 40.74%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.03% 11.11%
Wells Fargo Bank 2, -0.01% 5.56%
FirstBank 3, -0.01% 16.67%
Alabama Credit Union 4, -0.00% 5.56%
Pnc Bank 5, 0.00% 5.56%
InterLinc Mortgage Services 6, 0.00% 5.56%
Cadence Bank 7, 0.01% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.01% 22.22%
Alabama Credit Union 2, -0.00% 22.22%
Pnc Bank 3, 0.00% 11.11%
Cadence Bank 4, 0.00% 22.22%
Regions Bank 5, 0.01% 11.11%
Wells Fargo Bank 6, 0.01% 11.11%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.05% 13.23%
Wells Fargo Bank 2, -0.04% 4.76%
Trustmark National Bank 3, -0.04% 3.70%
InterLinc Mortgage Services 4, -0.04% 10.58%
FirstBank 5, -0.03% 6.88%
BancorpSouth Bank 6, -0.01% 5.29%
First Federal Bank A FSB 7, -0.01% 13.76%
Regions Bank 8, -0.01% 1.06%
SmartBank 9, -0.01% 0.53%
Renasant Bank 10, 0.00% 3.17%
Bank Of Little Rock Mortgage Corporation 11, 0.04% 4.23%
Quicken Loans 12, 0.04% 13.23%
LoanDepot 13, 0.05% 6.88%
Carrington Mortgage Services 14, 0.06% 4.23%
DHI Mortgage Company Limited 15, 0.07% 5.82%
Southwest Funding LP 16, 0.09% 2.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.06% 13.04%
Wells Fargo Bank 2, -0.04% 6.96%
InterLinc Mortgage Services 3, -0.04% 15.65%
Trustmark National Bank 4, -0.03% 3.48%
FirstBank 5, -0.03% 6.09%
BancorpSouth Bank 6, -0.01% 6.09%
Regions Bank 7, -0.00% 0.87%
Renasant Bank 8, 0.01% 3.48%
First Federal Bank A FSB 9, 0.01% 13.04%
LoanDepot 10, 0.03% 3.48%
Quicken Loans 11, 0.04% 4.35%
Bank Of Little Rock Mortgage Corporation 12, 0.05% 6.09%
Carrington Mortgage Services 13, 0.06% 3.48%
DHI Mortgage Company Limited 14, 0.07% 9.57%
Southwest Funding LP 15, 0.09% 4.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Trustmark National Bank 1, -0.04% 4.05%
First Federal Bank A FSB 2, -0.04% 14.86%
Usaa Federal Savings Bank 3, -0.04% 13.51%
FirstBank 4, -0.04% 8.11%
BancorpSouth Bank 5, -0.02% 4.05%
SmartBank 6, -0.02% 1.35%
Regions Bank 7, -0.01% 1.35%
Bank Of Little Rock Mortgage Corporation 8, -0.01% 1.35%
Renasant Bank 9, -0.00% 2.70%
Wells Fargo Bank 10, 0.00% 1.35%
InterLinc Mortgage Services 11, 0.01% 2.70%
Quicken Loans 12, 0.03% 27.03%
LoanDepot 13, 0.05% 12.16%
Carrington Mortgage Services 14, 0.06% 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 for the data comes from 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 based on the MSA, 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 for Other Cities

This page ranks the top mortgage lenders in the Tuscaloosa, AL area. For mortgage lender rankings of other cities, click here.