Below is a list of ten direct mortgage lenders that serve borrowers across Alabama. Each offers a range of home-financing options—from conventional to government-backed loans—and is recognized for reliability, customer satisfaction, and comprehensive statewide service. All references have been moved to the end.
1. Rocket Mortgage (Quicken Loans)
Overview: Rocket Mortgage (formerly Quicken Loans) is the nation’s largest retail mortgage lender and was Alabama’s top mortgage originator by loan volume in 2021. It is known for its fully digital application process and award-winning customer service, offering a wide range of loan products including conventional, FHA, VA, and jumbo loans. Rocket’s online platform allows homebuyers in Alabama to get fast pre-approvals and manage the mortgage process from anywhere.
Official Website: Rocket Mortgage
2. Fairway Independent Mortgage Corporation
Overview: Fairway Independent Mortgage is a nationwide direct lender that emphasizes exceptional customer service and speedy loan processing. The company is dedicated to finding great rates and loan options for its customers while offering some of the fastest turn times in the industry. Fairway offers the full spectrum of home loans (conventional, FHA, VA, USDA, jumbo, etc.) and has multiple branch locations and loan officers throughout Alabama.
Official Website: Fairway Independent Mortgage
3. Regions Bank – Home Mortgages
Overview: Regions Bank is a Birmingham-based bank with nearly 200 branches across Alabama. It offers a variety of mortgage programs, including conventional home loans as well as FHA and VA mortgages. Regions is an approved lender for Alabama’s state first-time homebuyer assistance programs, providing options like down payment assistance to qualified borrowers. Borrowers appreciate Regions for its in-person service and local expertise, making it a popular choice for homebuyers who want face-to-face guidance.
Official Website: Regions Bank – Home Loans
4. PennyMac Loan Services
Overview: PennyMac is one of the largest non-bank mortgage lenders in the U.S., offering a wide variety of home purchase and refinance loans to borrowers in almost every state (including Alabama). In 2021, PennyMac was the second-biggest mortgage lender in Alabama by loan volume (about $2.0 billion in loans), trailing only Rocket Mortgage. PennyMac operates primarily through its online platform and call centers, providing conventional, FHA, VA, and USDA loans. Its scale as a top lender and generally competitive rates make it a reputable option for Alabama borrowers.
Official Website: PennyMac
5. Veterans United Home Loans
Overview: Veterans United is the nation’s largest VA loan specialist, focusing on helping military members and veterans buy homes. It has been the top VA mortgage lender in the country for multiple years. Veterans United offers VA purchase loans and refinancing, and also provides conventional and FHA loans for those who qualify. The company is known for its stellar customer reviews (over 200,000 positive reviews) and 24/7 customer support for borrowers. Veterans United serves homebuyers across Alabama through its online services and has expert loan officers familiar with VA benefits.
Official Website: Veterans United Home Loans
6. Wells Fargo Home Mortgage
Overview: Wells Fargo is a well-established national bank that offers a full suite of mortgage products and has several branch locations in Alabama. It has a strong reputation for personal customer service, providing borrowers with guidance through each step of the mortgage process. Wells Fargo’s offerings include conventional fixed and adjustable loans, FHA and VA loans, jumbo loans, and home equity products. Its commitment to face-to-face service and wide range of options make it a dependable choice for those who prefer working with a brick-and-mortar lender.
Official Website: Wells Fargo Home Mortgage
7. Better Mortgage
Overview: Better.com is a direct online mortgage lender known for a fast and tech-driven loan process. It serves borrowers statewide in Alabama through its digital platform, allowing users to get pre-approved and lock rates entirely online. Better.com leverages technology to streamline the mortgage experience – for example, borrowers can receive a loan estimate in minutes and upload documents through the website. Notably, Better charges no lender origination fees and offers competitive rates on conventional and jumbo loans. This makes it an attractive option for those who value convenience and low fees.
Official Website: Better Mortgage
8. New American Funding
Overview: New American Funding is a family-owned direct mortgage lender with a well-established industry reputation. It offers a diverse array of loan products, including conventional, FHA, VA, USDA, jumbo loans, and specialized programs for first-time buyers. New American Funding is praised for its competitive rates and personalized customer service, tailoring loan options to fit different financial situations. The company is licensed across the country (including Alabama) and has been recognized for its efforts in serving underserved communities. Alabama homebuyers can work with New American Funding’s loan officers by phone or online.
Official Website: New American Funding
9. Movement Mortgage
Overview: Movement Mortgage is a rapidly growing national lender that has expanded its presence to serve all 50 states. Founded in 2008, Movement has a unique people-first philosophy and a goal of transforming the mortgage industry’s culture. The company funded over $16 billion in home loans in a recent year, reflecting its sizable operations. Movement Mortgage offers all the major loan types (conventional, FHA, VA, USDA, etc.) and is known for its fast processing times – it strives to underwrite loans within 7 days. With branch loan officers in Alabama and a strong online process, Movement provides both local service and digital convenience.
Official Website: Movement Mortgage
10. loanDepot
Overview: loanDepot is a major nationwide lender that has become the second-largest nonbank mortgage originator in the U.S. Founded in 2010, loanDepot has funded over $275 billion in mortgages and offers a wide variety of loan products, from conventional fixed-rate and adjustable mortgages to FHA, VA, and jumbo loans. The company blends online technology with brick-and-mortar support – borrowers can apply through a robust online portal or visit one of loanDepot’s branch locations (such as in Birmingham, Hoover, or Huntsville) to get personal assistance. loanDepot’s size and technology-driven approach make it a convenient and reputable choice for Alabama homebuyers.
Official Website: loanDepot
Sources
- The Truth About Mortgage – “Top Mortgage Lenders in Alabama” (2021 HMDA data)
- Benzinga – “6 Best Mortgage Lenders in Alabama for 2025”
- Benzinga – “Best Mortgage Lenders in Alabama… (Regions Bank review)”
- WalletHub – Fairway Independent Mortgage Corporation Profile/Reviews
- Credit Karma – PennyMac Lender Overview
- WalletHub – “2025’s Best Mortgage Lenders in Alabama” (Movement Mortgage Info)
- loanDepot Official About Page – Company Statistics and Rankings