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Alabama Mortgage Guides

AL
State Mortgage Guides

Alabama Mortgage Guides 2026

This complete Alabama mortgage guide covers FHA loan limits statewide, AHFA down payment and closing cost assistance, USDA rural loans for eligible Alabama areas, VA resources for Alabama’s veteran community near Redstone Arsenal and Maxwell AFB, and a complete closing cost breakdown — all in one place.

$541,2872026 FHA limit (all 67 counties)
4%AHFA repayable down payment assistance
~0.34%Est. effective property tax rate
0.10%State deed transfer tax rate

Everything You Need for an Alabama Home Purchase

Six in-depth guides covering every aspect of getting a mortgage in Alabama — from loan program selection to what you’ll pay at closing.

Key Alabama Mortgage Guide Facts

FHA Loan Limits (2026)

  • Every Alabama county sits at the 2026 national floor: $541,287 for a single-family home
  • No high-cost counties — Jefferson, Madison, Mobile, Baldwin, and Shelby all carry the same limit
  • Conforming (conventional) limit is also uniform statewide: $832,750
  • Confirm your county with HUD’s official lookup tool
Full FHA limits →

Down Payment Assistance

  • AHFA’s First Step and Step Up programs offer up to $10,000 or 4% of the sales price, whichever is less
  • Repayable second mortgage, 10-year term — not a grant
  • An additional Affordable Income Subsidy Grant can stack on top for eligible borrowers
  • Minimum credit score: 640
Full DPA details →

Property Taxes

  • Statewide average effective rate: ~0.34% — among the lowest in the nation
  • Assessed and collected at the county level; rates vary by school district and municipal levies
  • Jefferson County runs higher (~0.59%); Baldwin County runs lower (~0.30%)
  • Confirm your exact rate with the Alabama Department of Revenue
Full tax guide →

Closing Cost Highlights

  • Alabama charges a state deed transfer tax of $0.50 per $500 (0.10%) and a mortgage tax of $0.15 per $100 (0.15%) of the loan amount
  • Typical buyer closing costs: 2-5% of purchase price
  • Largest buyer-side items: loan origination fees, title insurance, and prepaid escrow
  • Buyers customarily pay to record the deed and mortgage in Alabama
Full closing cost guide →

Buying or Refinancing in Alabama?

Alabama offers straightforward AHFA down payment assistance and one of the lowest property tax rates in the country, making it one of the more buyer-friendly states overall. Our guides above break down all of it, and every figure links to the official source so you can verify current terms.

  • ✓ Check First Step and Step Up eligibility and current terms at ahfa.com
  • ✓ Confirm your county’s 2026 FHA limit with HUD’s lookup tool
  • ✓ Compare FHA vs. conventional using our loan program guides
  • ✓ Estimate your total cash to close with our closing cost guide

Coming soon · No obligation · Educational first

Alabama Advisor Network — Coming Soon

We currently connect buyers with licensed mortgage advisors in Florida and Utah. Alabama is on our expansion list. In the meantime, our Alabama guides and the official program links above have everything you need to research your purchase.

Join the Alabama Waitlist