Top Mortgage Lenders in Jasper, AL

Which mortgage lender in the Jasper, 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 Jasper, 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 Jasper, AL area is APCO Employees Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.07%. This means that APCO Employees Credit Union provided a -0.07% lower interest rate for its customers than other lenders in Jasper, AL for a similar set of borrowers. APCO Employees Credit Union has a market share of 7.2%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 27.6%. Quicken Loans is an average rate lender in this area, with a “Rate Difference” of +0.01% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Jasper, 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 Jasper, AL is APCO Employees Credit Union. 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 Guild Mortgage Company. The cheapest VA mortgage provider is also Guild Mortgage Company. 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 Jasper, AL

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
APCO Employees Credit Union 1, -0.07% 7.20%
Guild Mortgage Company 2, -0.05% 13.20%
Synovus Mortgage Corp 3, -0.03% 12.80%
Fairway Independent Mort Corp 4, -0.02% 11.40%
Regions Bank 5, -0.02% 9.60%
Quicken Loans 6, 0.01% 27.60%
Hometown Lenders INC 7, 0.08% 8.60%
LeaderOne Financial Corp 8, 0.11% 9.60%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.08% 8.95%
Guild Mortgage Company 2, -0.06% 19.17%
APCO Employees Credit Union 3, -0.03% 3.83%
Fairway Independent Mort Corp 4, -0.02% 14.38%
Quicken Loans 5, -0.01% 14.06%
Synovus Mortgage Corp 6, -0.01% 14.38%
Hometown Lenders INC 7, 0.07% 12.78%
LeaderOne Financial Corp 8, 0.13% 12.46%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
APCO Employees Credit Union 1, -0.09% 12.83%
Synovus Mortgage Corp 2, -0.08% 10.16%
Guild Mortgage Company 3, -0.02% 3.21%
Fairway Independent Mort Corp 4, -0.00% 6.42%
LeaderOne Financial Corp 5, 0.00% 4.81%
Quicken Loans 6, 0.02% 50.27%
Hometown Lenders INC 7, 0.04% 1.60%
Regions Bank 8, 0.07% 10.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
APCO Employees Credit Union 1, -0.06% 11.50%
Guild Mortgage Company 2, -0.04% 10.54%
Synovus Mortgage Corp 3, -0.01% 18.21%
Fairway Independent Mort Corp 4, -0.00% 15.02%
Regions Bank 5, 0.00% 13.42%
LeaderOne Financial Corp 6, 0.03% 3.83%
Quicken Loans 7, 0.04% 23.32%
Hometown Lenders INC 8, 0.05% 4.15%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.06% 13.37%
Guild Mortgage Company 2, -0.04% 15.70%
APCO Employees Credit Union 3, 0.00% 6.98%
Fairway Independent Mort Corp 4, 0.00% 20.93%
Quicken Loans 5, 0.02% 10.47%
Synovus Mortgage Corp 6, 0.03% 22.09%
LeaderOne Financial Corp 7, 0.04% 4.07%
Hometown Lenders INC 8, 0.06% 6.40%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
APCO Employees Credit Union 1, -0.09% 17.02%
Synovus Mortgage Corp 2, -0.08% 13.48%
Guild Mortgage Company 3, -0.02% 4.26%
Fairway Independent Mort Corp 4, -0.00% 7.80%
LeaderOne Financial Corp 5, 0.01% 3.55%
Quicken Loans 6, 0.04% 39.01%
Hometown Lenders INC 7, 0.05% 1.42%
Regions Bank 8, 0.07% 13.48%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Guild Mortgage Company 1, -0.08% 17.83%
Regions Bank 2, -0.07% 2.55%
Synovus Mortgage Corp 3, -0.06% 3.18%
Quicken Loans 4, -0.05% 33.12%
Fairway Independent Mort Corp 5, -0.03% 5.10%
Hometown Lenders INC 6, 0.07% 16.56%
LeaderOne Financial Corp 7, 0.11% 21.66%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Guild Mortgage Company 1, -0.10% 23.33%
Regions Bank 2, -0.09% 3.33%
Synovus Mortgage Corp 3, -0.08% 4.17%
Fairway Independent Mort Corp 4, -0.05% 5.83%
Quicken Loans 5, -0.05% 17.50%
Hometown Lenders INC 6, 0.05% 20.83%
LeaderOne Financial Corp 7, 0.11% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 83.78%
LeaderOne Financial Corp 2, 0.01% 10.81%
Fairway Independent Mort Corp 3, 0.03% 2.70%
Hometown Lenders INC 4, 0.04% 2.70%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, -0.00% 50.00%
Hometown Lenders INC 2, 0.00% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Hometown Lenders INC 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Regions Bank 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Guild Mortgage Company 1, -0.02% 17.86%
Quicken Loans 2, -0.01% 46.43%
Regions Bank 3, 0.01% 3.57%
Fairway Independent Mort Corp 4, 0.01% 7.14%
LeaderOne Financial Corp 5, 0.01% 7.14%
Synovus Mortgage Corp 6, 0.01% 7.14%
Hometown Lenders INC 7, 0.04% 10.71%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Guild Mortgage Company 1, -0.02% 25.00%
Quicken Loans 2, -0.02% 25.00%
Regions Bank 3, 0.01% 5.00%
Fairway Independent Mort Corp 4, 0.01% 10.00%
LeaderOne Financial Corp 5, 0.01% 10.00%
Synovus Mortgage Corp 6, 0.01% 10.00%
Hometown Lenders INC 7, 0.04% 15.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%

* Data is compiled for the Jasper, AL commuting zone area, which comprises of counties of Fayette County, AL, Lamar County, AL, Marion County, AL, Walker County, AL, and Winston County, AL. This includes cities/towns/communities of Jasper, AL as well as Haleyville, AL, Addison, AL, Sumiton, AL, Arley, AL, Sipsey, AL, Hamilton, AL, Guin, AL, Carbon Hill, AL, Double Springs, AL, Fayette, AL, Haleyville, AL, Berry, AL, Kennedy, AL, Vernon, AL, Parrish, AL, Detroit, AL, Oakman, AL, Cordova, AL, Winfield, AL, Hackleburg, AL, Kansas, AL, Brilliant, AL, Lynn, AL, and Glen Allen, 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 Jasper, AL area. For mortgage lender rankings of other cities, click here.