Licensed Alabama mortgage brokers are overseen by the Alabama State Banking Department Bureau of Loans. Licenses are administered by the National Mortgage Licensing Systems. The Alabama Mortgage Brokers Association, an affiliate of the National Association of Mortgage Brokers, provides the Code of Ethics for Alabama mortgage brokers.
As always, be sure to ask for references for a mortgage broker before doing business with them. Ask them to verify their accreditations, mortgage broker licenses and other qualifications. You should also be sure to get two to three quotes from different brokers. You can check the status of mortgage broker licenses at the State of Alabama Banking Department website. Note that in order to practice as a mortgage broker in Alabama, each individual does not have to have a license—for example, an employee for a licensed mortgage brokerage firm may not have his own license. As such, you should ask the loan officer or mortgage broker what name their license is held under.
To choose a mortgage broker who serves your area, click on one of the cities or regions below. Here, you’ll be able to see a comprehensive list of the top mortgage brokers in Alabama. These mortgage brokers are listed alongside their specialties, areas of expertise, special offers and other vital consumer information. |
