Your Local Mortgage Lender

Located in Alabama

Personalized Mortgage Experience

Scott Moulton offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.

With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.

Let us help you achieve your homeownership dreams!

The Home Loan Process

Mortgage Pre-Approval

Get pre-approved from one of our Loan Officers to see how much you can afford.

House Shopping

Work with a trusted Real Estate Agent to find a home you would like to move into.

Loan Application

Complete your home loan application to get the lending process started.

Don't take my word for it

Mortgage Programs

Experience the best mortgage experience located in Alabama.

Home Loan Options

Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.

Conventional Home Loans.

FHA Home Loans.

USDA Home Loans.

VA Home Loans.

Frequently Asked Questions

How often can I refinance my mortgage?

There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.

Can I buy a home if I do not have money for a down payment?

Yes! There are a number of bond programs that offer low or no down payment financing options.

How do I know which mortgage is right for me?

The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.

How long will the loan process take?

The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.

Will I qualify for a home loan?

The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.

Why do people refinance their mortgages?

Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.

How much money will I have to pay upfront to buy a home?

This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.

Can I get a mortgage after bankruptcy?

You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.

Should I lock my interest rate now, or wait until we are closer to our closing?

Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.

Most Recent Blog Updates

Scott Moulton

How Will Home Affordability Really Evolve This Year (2026)?

February 25, 2026•3 min read

How Will Home Affordability Really Evolve This Year (2026)?

Across the U.S. housing market, 2026 looks less like a dramatic rebound or collapse — and more like a slow, multifaceted reset. Affordability remains a central theme, and this year’s evolution will hinge on how mortgage rates, incomes, inventory, and prices interplay. Here’s a comprehensive look at how things are unfolding and what that means for real buyers and sellers.


Mortgage Rates: Relief but Not a Revolution

One of the biggest affordability drivers is mortgage interest rates. After years of floating well above 7%, average 30-year fixed rates have eased toward ~6% in early 2026 — the lowest in nearly three years.

That reduction matters: even modest declines in mortgage rates translate into tens of thousands of dollars of buying power. According to NAHB research, a small rate drop (e.g., 0.25%) could bring about 1.4 million more households into the pool of those who can afford a median-priced new home.

Bottom line: Rates are still historically high compared with the 2010s, but smaller monthly payments are helping affordability improve gradually.


Home Prices: Mostly Flat or Modest Growth

After years of dramatic spikes, home price growth is cooling. Many expert forecasts suggest:

  • Modest or near-flat price changes in 2026 rather than big gains. Some projections expect prices for the year to barely budge or rise only slightly.

  • Inventory expansion — more homes for sale — is also helping temper pricing pressure.

That pattern can boost affordability even if nominal prices aren’t declining — because slower price growth combined with lower financing costs and rising incomes makes homes relatively easier to buy.


Affordability Metrics: Improving But Still Tough

Multiple data sources show improvement:

✔️ In late 2025 and early 2026, broad housing affordability indexes rose in all 50 states — the strongest sustained gain in years.
✔️ Zillow data shows that typical monthly mortgage payments have decreased, increasing the price point a median-income household can afford by roughly $30,000 year-over-year.

Despite these gains, affordability remains below long-term norms, with many households still priced out of median homeownership — especially in higher-cost metro areas.


Supply and Demand: A More Balanced Market

One reason affordability is improving is that the housing market is moving toward balance:

  • Inventory growth: Active listings are rising, giving buyers more choice.

  • Sales growth: Existing-home sales are expected to rise modestly in 2026.

  • Balanced conditions: Analysts expect neither a strong seller’s market nor a buyer’s market — just more equilibrium.

This shift reduces bidding wars and pricing pressure that made homes less affordable in prior years.


Income Growth Matters Too

Affordability isn’t just about rates and prices — it’s also about income. Some forecasts expect wages to grow faster than home prices in 2026, which helps affordability even if prices still rise modestly.

Still, many prospective buyers — especially first-timers — remain sensitive to down payment challenges and lending standards.


Who Benefits Most (and Least)?

🔹 Middle-income buyers: Gains from lower payments and slowing prices help, but many are still priced out in competitive metros.
🔹 First-time buyers: Some relief, but down payment hurdles linger.
🔹 Sellers: Less urgency to sell if they’re locked into low previous mortgage rates, which keeps inventory from flooding the market.


The Real Takeaway: Affordability Is Improving — Slowly

Heading into 2026, the big takeaway isn’t a sudden swing in favor of buyers or sellers — it’s gradual recalibration:

📌 Mortgage rates have eased.
📌 Price growth has slowed or stalled.
📌 Inventory and balanced market conditions are returning.
📌 Affordability is improving, but still well below historical norms.

This isn’t a housing boom — but it’s a meaningful step toward a more accessible market, particularly for buyers who have been on the sidelines the past few years.


Final Thought

If you’re thinking about buying in 2026, the keys are timing, budgeting, and market research. Even with improvements, the housing market isn’t easy — but it is less hostile than it was just a year ago.

Let me know if you’d like a state-by-state or metro forecast on affordability!

homemortgagehome sales2026
blog author image

Scott Moulton

Scott Moulton is a dedicated mortgage professional and passionate writer who helps first-time homebuyers, homeowners, and families navigate the world of real estate and financing with confidence. With years of experience in the mortgage industry, Scott shares valuable insights, practical tips, and inspiration to make the homebuying journey smoother and more rewarding. When he’s not helping clients or writing about homeownership, you can find him spending time with family, exploring new communities.

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