Mortgage lending in Shelby County
6,757 mortgages were originated in Shelby County, Alabama, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 6,757
- Median rate
- 6.490%
- Median lender fees
- $5,317
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $245,000
- Above the going rate (spread over APOR)
- 0.192
- Paid discount points
- 37.9%
- Received lender credits
- 25.8%
- Purchases / refinances
- 54% / 24.6%
- Conventional / FHA / VA
- 73.6% / 17.3% / 8.2%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 71.1% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $317,000
- That home, 20% down
- $253,600
A median-priced home with 20% down leaves $579,150 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Shelby County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Regions Bank | 623 | $2,767 | 4.990% |
| Rocket Mortgage, LLC | 355 | $4,689 | 6.875% |
| United Shore Financial Services, LLC | 343 | $8,335 | 6.125% |
| Avadian | 284 | $3,509 | 4.990% |
| America's First | 251 | — | 5.750% |
| DHI Mortgage Company, Ltd. | 239 | $7,457 | 4.990% |
| Fairway Independent Mortgage Corporation | 209 | $4,653 | 6.625% |
| FirstBank | 208 | $4,437 | 6.500% |
| Cadence Bank | 151 | $4,266 | 6.750% |
| Trustmark National Bank | 126 | $3,898 | 6.625% |
What lenders charged here
Lender fees on a $245,000 loan, based on what was actually charged in Shelby County — not a rule of thumb.
From 4,807 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers