Real Estate Loans

1st Mortgage

Alabama ONE Mortgage Services makes home buying easy and hassle free. We offer a variety of mortgage loan options with terms up to 30 years at fixed and variable rates of interest. Servicing is retained on all mortgage loans, which means you will always make your payment at one of our convenient branch locations or online.

Just getting started? Our online course on Home Ownership takes just a few minutes and will get you headed in the right direction.

First and Second Mortgages

Low closing costs
Low origination fee!
Competitive rates
No points on fixed or adjustable rate loans
Loans for home purchases, refinances, construction, vacant lots, and land
Personalized service

First-time Homebuyer Program

Alabama One now offers Fannie Mae’s HomeReady first-time homebuyers mortgage.


HomeReady offers benefits not found with other conventional mortgage products, including:

Competitive rates
Down payments as low as 3%
Gifted funds allowed
Reduced PMI coverage
Homeownership education and counseling to help you succeed
Underwriting flexibilities

Ready to begin the loan process? The Mortgage Loan Inquiry is easy with just 3 simple steps. Click on the Mortgage Loan Inquiry to get started or call 205-759-1595 or 800-225-0110 or text 205-861-2081 to speak with a mortgage loan officer today.


Home Equity Lines of Credit (HELOC)

Allow the Credit Union to utilize the power of your home by applying for a Home Equity Line of Credit (HELOC).  HELOC allows you to borrow funds against the equity you have in your home. A HELOC can be ideal for major expenses such as remodeling your home, paying for a wedding, college funds,  consolidating debt, buying a car, and more.

Unimproved Property

Buy a piece of Alabama with the help of ARECU. ARECU offers Unimproved Property loans to assist members in purchasing land. Contact the Credit union for more information.