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Lowest closing cost mortgage lenders in Madison County County, Alabama

In Madison County, Alabama, homebuyers paid a median of $6,189 in closing costs in 2024 — above the Alabama median of $6,033. The county saw 5,600 purchase mortgages at a median rate of 6.25%. Among lenders with 10+ originations, Hamilton Mortgage Corporation offered the lowest median costs at $0, which is $4,438 less than the county median.

Homebuyers in Madison County County who chose Hamilton Mortgage Corporation paid $6,189 less in closing costs than the county median.

County Median Costs

$6,189

+2.6% vs Alabama ($6,033)

Median Rate

6.250%

−5.6% vs national (6.620%)

Median Origination

$1,861

Purchase Originations

5,600

vs Alabama Median

2.6% above

$156

vs National Median

8.2% below

$-552

Lender rankings in Madison County County

60 lenders with 10+ originations, ranked by median total loan costs.

RankLenderMedian Total Costs ↑Median Rate ↕Median Origination ↕Volume ↕vs. Median
1$06.000%$024−$4,438
2$6955.990%$042−$3,743
3$8614.990%$093−$3,577
4$2,1109.415%$2,05112−$2,328
5$2,2785.875%$0108−$2,160
6$2,6446.500%$040−$1,794
7$2,8126.625%$25013−$1,626
8$3,0996.500%$1,12545−$1,339
9$3,1746.625%$899154−$1,264
10$3,4216.562%$89512−$1,017
11$3,4786.500%$1,69489−$960
12$3,7626.625%$1,50011−$676
13$3,8066.490%$1,32432−$632
14$3,9096.375%$1,37021−$529
15$3,9626.490%$2,07234−$476
16$3,9706.500%$1,45721−$468
17$4,1157.125%$1,07513−$323
18$4,1596.750%$1,54910−$279
19$4,2166.490%$1,86081−$222
20$4,2366.750%$1,98474−$202
21$4,3466.625%$1,51513−$92
22$4,4056.625%$1,18227−$33
23$4,4146.375%$1,480109−$24
24$4,4716.562%$2,930104+$33
25$4,4736.100%$2,78411+$35
26$4,4906.875%$2,22145+$52
27$4,5476.500%$2,25634+$109
28$4,5606.625%$1,86928+$122
29$4,5766.500%$2,110177+$138
30$4,5936.312%$2,76028+$155
31$4,6986.624%$2,32517+$260
32$4,8516.562%$2,47524+$413
33$5,0436.500%$2,56315+$605
34$5,2956.375%$2,98871+$857
35$5,3046.495%$3,41722+$866
36$5,3556.375%$3,18519+$917
37$5,4326.125%$3,18969+$994
38$5,4446.625%$3,396212+$1,006
39$5,4996.500%$2,91111+$1,061
40$5,5546.625%$3,22418+$1,116
41$5,7686.875%$3,69820+$1,330
42$5,7786.875%$3,37233+$1,340
43$5,7996.500%$3,14167+$1,361
44$6,1156.562%$3,33610+$1,677
45$6,1536.312%$4,02010+$1,715
46$6,1906.625%$3,89110+$1,752
47$6,2326.375%$3,94736+$1,794
48$6,2616.875%$3,78627+$1,823
49$6,5316.375%$4,59159+$2,093
50$6,9146.625%$4,32288+$2,476
51$7,7036.625%$4,92132+$3,265
52$8,3116.500%$5,36884+$3,873
53$9,1586.500%$6,78111+$4,720

Includes lenders with 10+ purchase originations in Madison 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.