West Capital Lending
Randy Mathis
All States

Mortgage Broker in Alabama

Licensed to originate mortgages in Alabama (AL) through West Capital Lending. Purchase, refinance, and investment property loans with access to over 160 lenders.

Last updated: April 2026

Key Facts

Randy Mathis is a licensed mortgage broker serving Alabama through West Capital Lending (NMLS# 1516760). Available programs include Conventional, FHA, VA, Non-QM, DSCR, Bank Statement, HELOC, Reverse Mortgage, and Commercial loans. The conforming loan limit in Alabama is $806,500 for 2026.

Mortgage Lending in Alabama

Alabama offers some of the most affordable housing markets in the Southeast, with median home prices well below the national average. The state's low cost of living and no state property tax on primary residences make it an attractive option for first-time buyers and investors alike. Programs like the Alabama Housing Finance Authority (AHFA) provide down payment assistance and favorable terms for qualifying borrowers.

With access to over 160 lenders through West Capital Lending, I can shop your loan across multiple investors to find the best rate and terms available for your specific situation in Alabama. Whether you are a first-time homebuyer, looking to refinance, or building an investment portfolio, I have programs designed to fit your needs.

Available Loan Programs in Alabama

Conventional

Traditional financing with as little as 3% down. Competitive rates for purchase and refinance.

Learn more

FHA

Government-backed loans with 3.5% down and flexible credit requirements for first-time buyers.

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 other flexible programs for self-employed and investors.

Learn more

HELOC / HELoan

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

Learn more

Reverse Mortgage

Convert home equity into cash with no monthly mortgage payments for homeowners 62 and older.

Learn more

Commercial

Financing for commercial properties, mixed-use buildings, and business real estate needs.

Learn more

Frequently Asked Questions

What are the conforming loan limits in Alabama?
Alabama follows the standard conforming loan limit of $806,500 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) offers several programs including down payment assistance and competitive mortgage options for first-time buyers. These programs can be combined with FHA, VA, or conventional loans to reduce out-of-pocket costs.
Can I get a DSCR loan in Alabama?
Absolutely. DSCR (Debt Service Coverage Ratio) loans are available in Alabama for real estate investors. These loans qualify based on the rental income of the property rather than your personal income, making them ideal for building a portfolio of rental properties.
Is Randy Mathis licensed to lend in Alabama?
Yes, Randy Mathis (NMLS# 1516760) is a licensed mortgage broker serving Alabama through West Capital Lending. With access to over 160 lenders, Randy can help you find competitive rates for purchase, refinance, or investment property loans in Alabama.
What types of properties can I finance in Alabama?
Through West Capital Lending, you can finance single-family homes, condos, townhomes, multi-unit properties (up to 4 units), and investment properties in Alabama. Specialty programs are also available for manufactured homes and rural properties.

Ready to Get Started in Alabama?

Let me find you the best mortgage rate from our network of 160+ lenders. Apply online or schedule a call to discuss your options in Alabama.

Schedule a CallApply Now

Randy Mathis NMLS# 1516760 | West Capital Lending NMLS# 1566096 | NMLS Consumer Access