Dan Green

Dan Green

Since 2003, Dan Green has been a leading mortgage lender and respected industry authority. His unwavering commitment to first-time home buyers and home buyer education has established him as a trusted voice among his colleagues, his peers, and the media. Dan founded Homebuyer.com to expand the American Dream of Homeownership to all who want it. .

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This website discusses mortgage programs and how to qualify. Your eligibility may vary based on lender guidelines and investor overlays. Check with your lender for specific details.

Certified Accurate

Certified Accurate

Your trust matters to us. This article was thoroughly checked for accuracy as of February 14, 2024. Homebuyer.com ensures every piece of information we share reflects the latest in mortgage standards. Learn more about our commitments to our readers in our editorial guidelines.

Mortgage Loan Limits for Alabama

Conforming Loans
FHA Loans
Property Type
2024 Loan Limit
1-Unit Homes
$766,550
2-Unit Homes
$981,500
3-Unit Homes
$1,186,350
4-Unit Homes
$1,474,400
Source: Federal Housing Finance Agency; Federal Housing Administration

Alabama mortgage loan limits apply in:

Historical Charts: Mortgage Loan Limits in Alabama

Alabama mortgage loan limits adjust annually to match changes in the FHFA House Price Index.

Conforming Loans
FHA Loans

Mortgage Statistics from Alabama

Alabama mortgage statistics are sourced from the FFIEC, which collects anonymous HMDA mortgage data from U.S. mortgage applications.

Loan Type
Relative Share
Conventional
57.79%
FHA
21.11%
VA
4.44%
USDA
16.66%
Property Type
Relative Share
1-Unit Homes
99.80%
2-Unit Homes
0.13%
3-Unit Homes
0.02%
4-Unit Homes
0.05%
Borrower Status
Relative Share
One Borrower
68.10%
Two or More Borrowers
31.90%
Gender
Relative Share
Male
55.01%
Female
27.93%
Not Specified
17.06%
Race
Relative Share
American Indian / Alaska Native
0.41%
Asian
2.27%
Black / African American
15.05%
Native Hawaiian / Other Pacific Islander
0.13%
White
80.70%
Other
1.45%
Ethnicity
Relative Share
Hispanic or Latino
2.91%
Not Hispanic or Latino
95.79%
Alabama data represents 2018-2022 closed-end, first-lien purchase mortgages for 1-4 unit residential properties. Source: FFEIC Home Mortgage Disclosure Act

Mortgage Loan Limits in All Alabama Counties

2024 conforming and FHA mortgage loan limits for all Alabama counties. Local loan limits and county-level mortgage data updated regularly.

Alabama Counties

Autauga County, Alabama
Baldwin County, Alabama
Barbour County, Alabama
Bibb County, Alabama
Blount County, Alabama
Bullock County, Alabama
Butler County, Alabama
Calhoun County, Alabama
Chambers County, Alabama
Cherokee County, Alabama
Chilton County, Alabama
Choctaw County, Alabama
Clarke County, Alabama
Clay County, Alabama
Cleburne County, Alabama
Coffee County, Alabama
Colbert County, Alabama
Conecuh County, Alabama
Coosa County, Alabama
Covington County, Alabama
Crenshaw County, Alabama
Cullman County, Alabama
Dale County, Alabama
Dallas County, Alabama
Dekalb County, Alabama
Elmore County, Alabama
Escambia County, Alabama
Etowah County, Alabama
Fayette County, Alabama
Franklin County, Alabama
Geneva County, Alabama
Greene County, Alabama
Hale County, Alabama
Henry County, Alabama
Houston County, Alabama
Jackson County, Alabama
Jefferson County, Alabama
Lamar County, Alabama
Lauderdale County, Alabama
Lawrence County, Alabama
Lee County, Alabama
Limestone County, Alabama
Lowndes County, Alabama
Macon County, Alabama
Madison County, Alabama
Marengo County, Alabama
Marion County, Alabama
Marshall County, Alabama
Mobile County, Alabama
Monroe County, Alabama
Montgomery County, Alabama
Morgan County, Alabama
Perry County, Alabama
Pickens County, Alabama
Pike County, Alabama
Randolph County, Alabama
Russell County, Alabama
St. Clair County, Alabama
Shelby County, Alabama
Sumter County, Alabama
Talladega County, Alabama
Tallapoosa County, Alabama
Tuscaloosa County, Alabama
Walker County, Alabama
Washington County, Alabama
Wilcox County, Alabama
Winston County, Alabama
National Data

See Today’s Mortgage Rates in Alabama

       

Today's 30-year fixed-rate mortgage rate in Alabama is 6.25%. See current mortgage rates for every mortgage product and check your eligibility for first-time home buyer programs with an Immedate Mortgage Approval by Homebuyer.com.

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© 2021-2024 All rights reserved. Member FDIC. Equal Housing Lender. Novus Home Mortgage, a division of Ixonia Bank, NMLS #423065. The website is not available in Connecticut, New York, Washington, Hawaii, and Alaska. Growella is not licensed or registered to engage in mortgage loan origination activities for mortgage loans on 1-4 family residential properties located in New York. This website is not approved by the state of New York. A self-directed mortgage means the customer provides application information and selects loan terms independently. Guidance from a loan officer is available for informational purposes only. This process is not fully automated and does not increase the likelihood of mortgage approval compared to a typical mortgage application. All applications are subject to standard underwriting and approval criteria. This website has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture, or any other government agency. US government agencies have not reviewed this information, and this site is not connected with any government agency.