West Alabama Bank is a great commercial bank with assets of more than $588 million and 13 full-service branches. If you are looking for home loans, here are some featured mortgage loans designed with competitive rates at this bank.
West Alabama Bank’s Mortgage
Conventional Fixed Rate Mortgage
It is Federal Housing Authority loan with a more than 90 years history of helping customers buy house.
It is designed for veteran and the loan will come with many advantages. For example:
No down payment
Easy credit qualifications.
It is only for customers who live in eligible areas. At the same time, there is no down payment required.
Adjustable Rate Mortgage
It is a special loan product and the interest rate stays the same generally for 3, 5 or 7 years.