Lowest closing cost mortgage lenders in Colbert County County, Alabama
In Colbert County, Alabama, homebuyers paid a median of $5,391 in closing costs in 2024 — below the Alabama median of $6,033. The county saw 545 purchase mortgages at a median rate of 6.62%. Among lenders with 10+ originations, MORTGAGE RESEARCH CENTER, LLC offered the lowest median costs at $1,190, which is $1,861 less than the county median.
Homebuyers in Colbert County County who chose MORTGAGE RESEARCH CENTER, LLC paid $4,201 less in closing costs than the county median.
County Median Costs
$5,391
−10.6% vs Alabama ($6,033)
Median Rate
6.620%
+0.0% vs national (6.620%)
Median Origination
$2,357
Purchase Originations
545
vs Alabama Median
10.6% below
$-642
vs National Median
20.0% below
$-1,350
Lender rankings in Colbert County County
10 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,785 | 6.895% | $875 | 16 | −$1,357 | |
| 2 | $3,134 | 6.875% | $1,517 | 17 | −$1,008 | |
| 3 | $3,312 | 6.875% | $1,290 | 18 | −$830 | |
| 4 | $3,648 | 6.490% | $2,091 | 37 | −$494 | |
| 5 | $3,976 | 6.562% | $2,620 | 14 | −$166 | |
| 6 | $4,567 | 6.875% | $2,892 | 14 | +$425 | |
| 7 | $4,751 | 6.375% | $3,012 | 20 | +$609 | |
| 8 | $5,030 | 6.625% | $3,061 | 16 | +$888 | |
| 9 | $5,213 | 6.183% | $3,270 | 12 | +$1,071 |
Includes lenders with 10+ purchase originations in Colbert County County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in Alabama → Lender Directory
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.