Welcome to Barr Group Mortgage!
The Barr Group Inc is committed to providing clients with the highest quality home loans combined with some of the lowest mortgage rates available in all of Alabama. Whether you are first time home buyer, purchasing your dream home or condo or refinancing an outstanding loan, our highly experienced team of mortgage brokers can help make your dreams come true.
At Barr Group Inc, our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come.
Barr Group Mortgage offers a complete array of loan programs to meet your needs. We work with the leading lenders in the industry to provide you with the best programs, rates and services to fit your personal financial needs.
- Conforming Loans – Long term 15 and 30 year loans of $424,100 or less in which the property and borrower meet Freddie Mac and Fannie Mae guidelines.
- (Condo) Conforming Loans – Long terms 30 and 15 year loans of $424,100 in which the borrower and the property meet Fannie Mae and Freddie Mac guidelines.
- Non conforming Second Home (Condo) Loans – Offered at a slightly higher interest rate. 15 year and ARM programs.
- USDA 100% Financing – 100% of the appraised value, no monthly mortgage insurance and you don’t have to be a first time homebuyer.
- VA and FHA Loans – Government insured/guaranteed long – term, fixed rate and adjustable rate homes. FHA requires 3.5% down payment and it can be gift funds from a family member and VA is 100% financing.
There are several other programs offered by Barr Group Mortgage, if you have a special need feel free to call our office 251-975-1800