Alabama Home Refinance Rates: Unlock Equity & Save Money...Call 256-Refi-Pro today!

Cut your monthly payments and get out of debt fast! 



Why Refinance Your Alabama Home Loan? Unlock Savings & Simplify Life

Refinancing isn't just about swapping rates—it's your ticket to real financial freedom in the Heart of Dixie. At MtgQuote, we've helped thousands of Alabama families slash monthly payments, consolidate debts, and tap into home equity without the hassle. With today's rates at their lowest in over a year with many predicting further drops(as of October 2025), now's the perfect time to act. With every 1/4 point rate drop we're able to help thousand more Alabama clients. Here's how refinancing can transform your budget and future:

Streamline Your Refinance for Speed & Savings

Appraisal Waivers & Low-Cost Options: Skip the appraisal fees and close in as little as 21-30 days or less with FHA Streamline or VA IRRRL programs—ideal for Alabama homeowners looking to drop rates without extra paperwork. Save hundreds upfront and thousands over time. We've closed streamlines with no appraisal required in days vs weeks. Less parties involved in a refinance so they are naturally quicker than a purchase...especially with appraisal waivers on rate term refinances where available.

Investor Power Plays: Got a portfolio of rental properties? Our DSCR (Debt Service Coverage Ratio) loans let you refinance entire investor portfolios in one go, boosting cash flow and scaling your real estate game. Perfect for Birmingham landlords or Gulf Coast flippers aiming for big-volume wins. 

Bill Consolidation: Crush Debt & Reclaim Your Monthly Budget

Bundle credit cards, auto loans, and more into one low-rate mortgage payment—cutting your total interest and shortening your debt timeline. Imagine paying off high-interest balances faster while freeing up $200–$1000/month for family vacations or college funds. 

Shorter Terms for Quicker Freedom: Switch to a 15- or 20-year term to build equity faster and escape debt sooner, all while locking in Alabama's competitive rates. 

 Unlock Equity for What Matters Most

Cash-Out Refinance: Pull equity to fund dream home improvements, like adding a sunroom for those Alabama sunsets or upgrading your kitchen. We specialize in flexible cash-out options that keep payments affordable. 

203(k) Loans details Coming Soon: Stay tuned for our dedicated page on FHA 203(k) rehab loans—streamline renovations with financing baked right in, turning equity into instant value without separate construction loans. 

No matter your goal—saving on payments, consolidating bills, or investing in your home—MTGQuote makes Alabama refinancing simple, local, and savings-focused. As an award winning Loan Volume Leader in Alabama, we're here with expert guidance and lightning-fast quotes. Ready to see your personalized savings? 

Call 256-NEW-LOAN now or Apply Online. Stay local!

First Equity Home Loan, Inc. | NMLS #204659 |  Equal Housing Opportunity

We offer the Most Refinance Options for Alabama Clients!

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Click to read October's "2025" Fed Rate Cut News

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What our clients say about us!

I wanted a bill consolidation loan to payoff high rate credit card debt. We had no idea our property had appreciated enough to payoff our car as well. Our refinance saved us 830 dollars monthly for our family budget. Thank you!

Trey was a pleasure to work with as an agent! He was very proficient and worked hard for us to close on time! Even calmed me down the week before closing when I was having a breakdown. Can't wait to have another deal with him!

I bought my home in Florence with no down payment required. We've said goodbye to rent and have a wonderful home to raise our family. Thanks to Susan and Trey for a wonderful experience. We're so excited.

I had the pleasure of working with Susan Morris and I'm proud t say I am 100 % satisfied. She made the process fast and easy. If I ever had any questions she would answer them quickly and it was my first time buying a home and she took very good care of me, and if I ever didn't understand something she would explain in detail. I would highly recommend her to anyone.

I'm a repeat VA client with Rod and Susan's firm. They've handled multiple moves for me with superior service. Susan's VA experience shines. Sincere thanks again.

Our condo purchase in Gulf Shores couldn't have gone better. From assistance finding a realtor, multiple insurance quotes, and scheduling with a nearby closing agent... we are thrilled and looking forward to our next DSCR mortgage for rental units with Amber's team at first equity.

As a Real Estate Agent, I'm always looking for awesome lenders for my clients. Amber and her team are very knowledgeable with all loan products and work their magic to get loans closed quickly and seamless. Communication is top notch, Love the mortgage team there!!

The best knowledgeable people and professional. Would recommend 12/10

Long time friend of Trey's and glad he helped me buy my 1st home. He understands the home lending process well and matched my specific needs with the perfect loan options. He'll always be my mortgage guy and I'll recommend him to anyone. He's been working on Broad since before he started driving.

Had a pre-approval from a national firm but ran into snags. A realtor friend put me in touch with Susan and things moved fast from there. Fast approval and great closing, I bought with zero-down and wouldn't recommend anyone but First Equity for a VA loan in Alabama. 

I have known Rod since we were kids. When I bought my home I wouldn’t have used anyone else. Rod treats every customer like family. He gives sound knowledgeable advice and works hard for his clients. Special thanks to Laura for all of her help making sure everything went smoothly start to finish.
Met Rod years ago with his First Equity racing team and was excited to let his firm handle my home purchase. Fast approval... and I was certain I had the best lending option for my personal goals. It was a simple home buying process.

As the owner of Central Alabama Title in Hoover for decades, I closed most of Rod and Susan's loans from their early days until my retirement. We're lifelong friend...like family. I recommend them to anyone seeking a mortgage in Alabama. They served the entire state back in the day and we closed loans wherever needed. Great firm!

1st met Rod around 1985 before he opened his firm...actually booked he and Susan's honeymoon to Paradise Island. He helped me on a few occasions, always dropping the rate and getting the cash out I was seeking. I'm not surprised his firm is doing well. Long time friend and customer.

WWOOOOWW this team is Phenomenal. They are the top in the industry at helping clients finance dream homes, property investments, and refinancing. Anna, Laura, Amber and Amber, Kimberly, Jenn, Susan and I'm sure I'm missing someone, are all wonderful! These women are the best of the best.  I can't say enough great things about them. A+ everytime!!

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Lean on our experience. We make your dream refinance a reality with competitive rates, investment tools, desk appraisal estimates, and dedicated guidance from our local mortgage pro's. Refinancing a home in our home state is simple with First Equity Home Loan, Inc. 

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