Moving Family Forward

Mortgage Loans & Refinancing in Auburn, AL

Weber Mortgage is a family-owned and operated company dedicated to helping the people of Alabama get the lowest possible rates and fast closing dates on existing or new home transactions. Ever since we opened our doors in 1999, we have been offering unbeatable customer satisfaction and helping hardworking people achieve their dream homes. Our experts will carefully guide you through VA, FHA, conventional, jumbo, and other types of home loans that will make your dream home a reality.

Give us a call today at 205-751-8583 to take advantage of the cost-effective rates that have appeared due to the COVID pandemic.

Convenient Mortgage Rates

Convenient Mortgage Rates by Weber Mortgage

While researching mortgage rates, it’s important to remember your mortgage interest rate is personalized just for you. The rates lenders offer are based on market conditions, your personal finances, how much you want to borrow, and much more.

Your rates may be higher – or lower – than the rates you see online. That’s why you should speak to one of our Licensed Loan Advisors when you are interested in buying a home, refinancing a home, or getting cash from your home equity.

Factors That Influence Your Mortgage Rate

  • Current Interest Rates - The Fed Funds Rate (that is, the interest rate at which depository institutions lend money to each other overnight) is set by the Federal Reserve Board.
  • Your Credit Score - People with higher credit scores generally get better interest rates than people with lower credit scores.
  • The Term of the Mortgage - The number of years you have to pay back a mortgage is known as the loan’s “term.” The loan term can affect interest rates.
  • Paying for Points - Points are a way to “buy” a lower interest rate. One point is equal to 1% of the loan amount.
  • Type of Loan - There are many types of loans you might get to buy a home, refinance a home, or get cash from your home equity. These loans include FHA loans, Conventional loans, VA loans, & USDA loans.
  • Fixed-Rate or Adjustable-Rate - Fixed rate; the amount of money you pay in interest stays the same. Adjustable-rate; the amount of money you pay in interest can change over time.
  • How Much Money You Want to Borrow - The size of your loan can affect the mortgage rate.
  • Your Down Payment - When you are buying a house, the amount of your down payment can influence your mortgage rate.
  • Loan-To-Value Ratio - When refinancing, your LTV can affect your mortgage rate too.
Completed Jobs from Auburn
Karen M.
December 29, 2020

After refinancing with Jay, this couple returned to Weber Mortgage to purchase a second home. 

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