City Town Info

Mobile Mortgage Quotes And Real Estate Information

Mobile Mortgage Rates

Rate quotes from multiple lenders for the the Mobile area:

Property State

Home Description

Type of Loan

BBB Reliability Program

Mobile Mortgage and Real Estate Facts

Overview

There are 78,447 housing units in Mobile. An estimated 59% of living spaces in the city are occupied by their owners, not by renters.

Mobile Mortgage

In Mobile, 64% of non-rental housing carries a mortgage. In the city 14% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage.

Mortgage and interest rate quotes for the Mobile area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Nearby Cities and Towns

LocationPop.Median Family
Income (2000)
Mobile198,915$39,752
Chickasaw6,364$33,125
Daphne16,581$61,563
Prichard28,633$23,519
Saraland12,288$43,471
Satsuma5,687$53,180
Spanish Fort5,423$67,844

Of Note:

Mobile Mortgage Lenders * (Click names for details)

Mortgage Lender Name
ACRE MORTGAGE & FINANCIAL INC
ALLIED HOME MORTGAGE CAPITAL CORPORATION
AMERICAN HOME MORTGAGE CORP
AMSOUTH BANK
ARK- LA- TEX FINANCIAL SERVICES LLC
BANKTRUST
CENTRAL PACIFIC MORTGAGE CO
CHALLENGE FINANCIAL INVESTORS CORP
COATS AND CO INC
COLONIAL BANK
COUNTRYWIDE HOME LOANS INC
COUNTRYWIDE MORTGAGE VENTURES LLC
FAMILY FIRST MORTGAGE CORP
FIRST CHOICE FUNDING INC
FIRST FEDERAL BANK
FIRST SOUTHERN MORTGAGE COMPANY INC
GLOBAL LENDING CORPORATION
HOMELOAN USA CORPORATION
MACLOUD FINANCIAL INC
MIDTOWN MORTGAGE INC
MORTGAGE OUTLET INC
MORTGAGEAMERICA INC
NEW SOUTH FEDERAL SAVINGS BANK
PRODUCERS MORTGAGE CORPORATION
REGIONS BANK
SEMINOLE FUNDING INC
SUMMIT MORTGAGE CORP
WACHOVIA MORTGAGE CORPORATION
WHITNEY NATIONAL BANK
* Disclaimer: List is not guaranteed to be complete or accurate.

Mobile Credit Unions

Credit UnionYear OpenedQ1-2 2006 MortgagesPhone
ARMSTRONG EMPLOYEES CREDIT UNION1953 (251) 434-9229
AZALEA CITY CREDIT UNION19547(251) 316-0000
BLUE FLAME CREDIT UNION19541(251) 450-4804
COASTAL WATERS FEDERAL CREDIT UNION19671(251) 432-6421
DOCKS AND TERMINAL CREDIT UNION19511(251) 441-7400
FIRST HOSPITALITY FEDERAL CREDIT UNION1961 (251) 380-2088
GAF MOBILE FEDERAL CREDIT UNION1973  
GULF COAST FEDERAL CREDIT UNION195119(251) 479-5178
MOBILE EDUCATORS CREDIT UNION195431(251) 473-4712
MOBILE GOVERNMENT EMP. CREDIT UNION19281(251) 694-4100
MOBILE POSTAL CREDIT UNION1949 (251) 342-1472
NEW HORIZONS CREDIT UNION195035(251) 316-3240
PROGRESSIVE FEDERAL CREDIT UNION1956 (251) 441-6484
THE INFIRMARY FEDERAL CREDIT UNION19742(251) 435-5905
UNIVERSITY OF SOUTH ALABAMA FEDERAL CREDIT UNION19603(251) 706-0255
* Disclaimer: List is not guaranteed to be complete or accurate.   

Mobile Credit Counselors* (Free advice and counseling)

Credit Counselor NamePhone
CCCS OF MOBILE251-602-0011-217
CCCS OF WEST FL DBA ALLVISTA SOLUTIONS251-694-1458
MOBILE HOUSING BOARD251-434-2230
* Disclaimer: List is not guaranteed to be complete or accurate. 

Mobile Banks

NameTypeAssets
(Millions)
Local
Branches
AmSouth BankCommercial Lending50,47815
Bank TrustCommercial Lending7156
Century BankCommercial Lending1842
Colonial Bank, National AssociationCommercial Lending20,9683
Commonwealth National BankAll Other < $1 Billion543
Compass BankCommercial Lending29,51212
First Community BankCommercial Lending2362
Gulf Federal Bank, A FSBAll Other < $1 Billion181
Regions BankCommercial Lending81,82022
Wachovia Bank, National AssociationAll Other > $1 Billion459,52911
Whitney National BankCommercial Lending8,9076
* Disclaimer: List is not guaranteed to be complete or accurate.   

NEW: Community Comments below!

Add a Comment About Mobile
(Comments are reviewed before publishing.)

Note: Comments that promote discussion will be added to our new forum.

Tell us about the property, housing, and neighborhoods in Mobile

Publication Agreement
I created this info & agree it becomes property of Moving Traffic, Inc., operator of this site.
Enter "yes" (without quotes):


Optional: Your E-Mail
(we won't display it or spam you)


Mobile Mortgage Statistics

CategoryValue
Homes With No Mortgage36%
With A Mortgage64%
First Mortgage Only50%
Second Mortgage or Home Equity Loan14%
Second Mortgage Only6%
Home Equity Loan Only7%

Mobile Housing Expenses

CategoryValue
Owner Costs as % of Income17.3%
Median Real Estate Taxes (2000)$315

Mobile Household Size

CategoryValue
Total Occupied78,447
1-Person Households30%
2-Person Households31%
3-Person Households17%
4-Person Households12%
5-Person Households6%
6-Person Households2%
7+-Person Households1%

Mobile Housing Stock

CategoryValue
Median Year Built1967
Median Year Built (Owner Occupied)1965
Median Year Built (Renter Occupied)1969

Mobile Home Heating

CategoryValue
Using Utility Co. Gas Heat74%
Using Bottled/Tank Gas Heat1%
Using Electric Heat25%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Mobile Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms17%
3 Bedrooms56%
4 Bedrooms20%
5+ Bedrooms3%
You are visiting:
All StatesAlabamaMobile > Mortgage

Related Resources

Monthly Loan Payment Calculator

Enter Your Loan Terms:

Loan Amount (e.g., 179,500):
Annual Percentage (e.g., 6.5):
%
Length in Years (e.g., 30):
The Monthly Payment Is:
$

How Big a Loan Can You Afford?

Enter Your Payment Terms:

Maximum Monthly Payment (e.g., 1200):
Annual Percentage (e.g., 6.5):
%
Length in Years (e.g., 30) :
Maximum Loan Size Is:
$

Additional Details

Mobile CareersMobile Careers
Mobile career and employment information.
Mobile CollegesMobile Colleges
Mobile colleges and trade schools.
Mobile Hotels & TravelMobile Hotels & Travel
Mobile hotels, landmarks, tourism, transportation.

Copyright © 2004-2008. All Rights Reserved. Moving Traffic, Inc., operator of CityTownInfo.com, is not a broker or a lender, and all offers for loans or mortgages found on this site are made solely by the advertiser.

1