More Mortgages Approved in Tuscaloosa
Ever since the Great Recession, eyes have been on the housing market as an indication of economic return. If the housing market is any indication, Tuscaloosa may not be so bad.
SmartAsset recently named Tuscaloosa County in the list of Alabama counties where applicants are more likely to be approved for a loan for home ownership.
The rankings were part of SmartAsset’s study on the best mortgage markets in the US. Colbert County ranked top in the state and actually 10th in the nation. With Tuscaloosa being only 4 percentage points lower, our market isn't so bad for those seeking home ownership, and the City of Tuscaloosa is always willing to help residents become homeowners, especially in the recovery zone. So those looking to buy should probably be preparing while interest rates are still low.