Lowest closing cost mortgage lenders in Montgomery County County, Alabama
In Montgomery County, Alabama, homebuyers paid a median of $6,688 in closing costs in 2024 — above the Alabama median of $6,033. The county saw 1,807 purchase mortgages at a median rate of 6.50%. Among lenders with 10+ originations, DHI MORTGAGE COMPANY, LTD. offered the lowest median costs at $1,465, which is $3,913 less than the county median.
Homebuyers in Montgomery County County who chose DHI MORTGAGE COMPANY, LTD. paid $5,223 less in closing costs than the county median.
County Median Costs
$6,688
+10.9% vs Alabama ($6,033)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$2,148
Purchase Originations
1,807
vs Alabama Median
10.9% above
$655
vs National Median
0.8% below
$-53
Lender rankings in Montgomery County County
20 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,229 | 5.875% | $0 | 14 | −$2,454 | |
| 2 | $3,628 | 6.875% | $950 | 15 | −$1,055 | |
| 3 | $4,183 | 6.990% | $1,741 | 45 | −$500 | |
| 4 | $4,207 | 6.625% | $1,950 | 11 | −$476 | |
| 5 | $4,314 | 6.250% | $2,003 | 81 | −$369 | |
| 6 | $4,355 | 6.750% | $2,708 | 35 | −$328 | |
| 7 | $4,680 | 6.625% | $2,008 | 35 | −$3 | |
| 8 | $4,744 | 6.375% | $1,795 | 37 | +$61 | |
| 9 | $4,877 | 6.625% | $2,588 | 88 | +$194 | |
| 10 | $4,887 | 6.312% | $2,632 | 10 | +$204 | |
| 11 | $5,007 | 6.999% | $3,000 | 29 | +$324 | |
| 12 | $5,103 | 6.500% | $2,585 | 21 | +$420 | |
| 13 | $5,264 | 6.688% | $3,132 | 26 | +$581 | |
| 14 | $5,488 | 6.624% | $3,250 | 17 | +$805 | |
| 15 | $5,942 | 6.625% | $3,717 | 13 | +$1,259 | |
| 16 | $6,696 | 6.875% | $4,050 | 53 | +$2,013 | |
| 17 | $6,871 | 6.562% | $4,212 | 18 | +$2,188 |
Includes lenders with 10+ purchase originations in Montgomery 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.