Mortgage Broker in Alabama

I'm licensed to originate mortgages in Alabama (AL) through Lumin Lending Inc., and I shop 90+ lenders on purchase, refinance, and investment loans.

Find your options

Last updated: October 2026

Key Facts

Matthew Park (NMLS# 2109427) is a licensed mortgage broker serving Alabama through Lumin Lending Inc. (NMLS# 2716106). Available programs include Conventional, FHA, VA, Non-QM, DSCR, Bank Statement, HELOC, Reverse Mortgage, and Commercial loans. The 2026 conforming loan limit in Alabama is $832,750.

Mortgage Lending in Alabama

Alabama is one of the cheapest places in the Southeast to buy a home. Prices sit well under the national median and property taxes are among the lowest in the country, so a down payment goes further and rental numbers work more often. The Alabama Housing Finance Authority (AHFA) offers down payment help for buyers who qualify.

I'm a broker, not a bank, so your Alabama loan goes to whichever of my 90+ lenders fits it best.

Available Loan Programs in Alabama

Conventional

As little as 3% down, for purchase or refinance.

Learn more

FHA

Government-backed, 3.5% down, and easier on credit. A common first-time buyer loan.

Learn more

VA

Zero down payment and no PMI for eligible veterans, active-duty, and qualifying spouses.

Learn more

Non-QM / DSCR

Bank statement, DSCR, asset depletion, and more for self-employed borrowers and investors.

Learn more

HELOC / HELoan

Tap your home equity with a line of credit or a fixed-rate home equity loan.

Learn more

Reverse Mortgage

Convert home equity into cash with no monthly mortgage payments from age 55 on select programs (62 for the FHA-insured HECM); you still pay property taxes, homeowners insurance, and upkeep.

Learn more

Commercial

Loans for commercial, mixed-use, and business real estate.

Learn more

Rates and program availability may vary based on the state or region in which the financed property is located. This is not a credit decision, an offer, or a commitment to lend. Program restrictions apply.

HELOC: Timing may vary based on borrower qualifications and loan conditions. Appraisal may be required in certain circumstances. Subject to credit approval. Your home is used as collateral and may be at risk if you do not repay. APR, terms, and repayment structure vary by product.

Helpful Resources

Learning Center

Guides, articles, a glossary, and answers to common mortgage questions.

Frequently Asked Questions

Straight answers on loan programs, credit, and applying.

Frequently Asked Questions

What are the conforming loan limits in Alabama?

Alabama follows the standard conforming loan limit of $832,750 for single-family homes in 2026. This limit applies statewide since Alabama does not have any designated high-cost counties. Loan amounts above this threshold require jumbo financing.

Does Alabama have first-time homebuyer programs?

Yes. The Alabama Housing Finance Authority (AHFA) has down payment assistance and first-time buyer loans. I can pair them with an FHA, VA, or conventional loan to cut what you bring to closing.

Can I get a DSCR loan in Alabama?

Yes. A DSCR (Debt Service Coverage Ratio) loan qualifies on the property's rent, not your personal income. If you're building a rental portfolio in Alabama, it's usually the first loan I look at.

Is Matthew Park licensed to lend in Alabama?

Yes, Matthew Park (NMLS# 2109427) is a licensed mortgage broker serving Alabama through Lumin Lending Inc. (NMLS# 2716106). I shop 90+ wholesale lenders on purchase, refinance, and investment loans anywhere in the state.

What types of properties can I finance in Alabama?

Through Lumin Lending Inc. you can finance single-family homes, condos, townhomes, multi-unit properties (up to 4 units), and investment properties in Alabama. I also have programs for manufactured homes and rural properties.

Ready to Get Started in Alabama?

Tell me what you're trying to do in Alabama and I'll shop it across 90+ lenders. Apply online or grab a time to talk.

Book a call Find your options

Matthew Park NMLS# 2109427 | Lumin Lending Inc. NMLS# 2716106 | NMLS Consumer Access