Meeting your financial needs
Bank Loans for Mobile, Alabama and beyond
Whether you’re looking for personal financing, an auto loan, or a mortgage, we provide personal attention to understand your financial journey and find the right solution for you.
Find the right loan for you
Our team is available by phone:
Robyn Anderson, AVP Commercial Lender | 251-380-7718
Cristal Locke, AVP Commercial Lender | 251-380-7703
Consumer, Commercial, and Mortgage Loans for Mobile, AL
Realizing your financial ambitions starts with a partner who values your individual path. Commonwealth National Bank stands ready to support you as you plan for a new residence, seek capital for your enterprise, or pursue personal financial well-being.
We provide a variety of loans that meet the needs of our community, offering solutions for every stage of your financial life. Discover the strength of local banking—contact us to explore our diverse lending options.
Find the Right Loan for You
Consumer Loans
Life happens, and sometimes you need a little extra financial support. Our consumer loans offer flexible terms and competitive rates, all arranged by your local team to align with your budget and help you tackle those projects or unexpected expenses.
Mortgage Loans
The path to owning your home starts here. We offer personalized guidance and competitive rates throughout the mortgage process, helping you turn those homeownership dreams into your everyday reality.
Commercial Loan
Growing your business in Mobile requires the right financial backing. We know the local landscape and provide commercial lending options tailored to your needs, empowering your company’s expansion and success.
With Commonwealth National Bank, you get more
Fast approval process
When you need answers quickly, our approval process is designed to be fast. For most loan applications, you can expect to hear back from us within one business day, helping you move forward without unnecessary delays.
Your money, your way
Accessing your funds should be easy and fit your specific situation. Whether you need us to pay your creditors directly or prefer the funds deposited right into your account, we offer flexible options to make it happen your way.
Personal, local service
Banking with us means working with people you know and who understand your community. As your neighbors, our team provides attentive and personalized service, always putting your unique needs at the forefront.
Mobile’s Only Hometown Bank
As Mobile’s only hometown bank, we’re committed to providing diverse loan options, flexible lending with local decision-making, and opportunities for those with bad credit to strengthen our community and support local growth.
In 2023, 80% of our lending went to:
- Minority Borrowers
- Low to Moderate-Income (LMI) Individuals
- LMI Community-Serving Organizations
Our Community, Our Commitment
We’re your neighbors right here in Mobile, deeply invested in the financial well-being of our community. When you connect with Commonwealth, you become part of a local legacy built on trust and understanding. We look beyond just the numbers, taking the time to see your complete financial picture so we can truly find the right solutions for you.
Your Financial Well-Being Matters
Your financial health is about more than just a loan; it’s about building a secure future. We partner with you to understand your aspirations, whether it’s tackling debt or planning for what’s next, and offer guidance that supports your long-term success.
We’re focused on finding the right loan and creating manageable repayment plans, plus providing you with the tools and knowledge to confidently navigate your financial journey.
FAQs About Consumer, Commercial, & Mortgage Loans in Mobile, AL
What factors do you consider when determining loan eligibility beyond my credit score?
When evaluating loan applications, our local lenders take a comprehensive view that includes factors such as your income stability, employment history, existing debt obligations, and overall financial health.
We aim to understand your capacity to manage repayments and your long-term financial well-being, whether you’re seeking personal banking or business banking solutions. This allows us to make informed decisions that consider your full circumstances.
For commercial loans, what types of industries do you typically work with in the Mobile area?
As Mobile’s only hometown bank, we’re deeply invested in the success of businesses across our diverse local economy. Whether you’re in manufacturing, government, retail, nonprofits, or another sector, we have the right loan package for you.
Our lenders work closely with you to find the ideal solution, guiding you from loan approval to effectively managing loan payments. We offer a comprehensive suite of commercial lending options, including:
- Small Business Loans
- SBA Loans
- Construction Loans
- Commercial Real Estate Financing
- Lines of Credit
- Equipment Loans
- Church Loans
Can I apply for a loan online, or do I need to visit a branch in Mobile?
For your convenience, we offer multiple ways to begin the loan application process. While we value the personal connections made at our Mobile branch, we also understand the need for accessibility.
You can start the initial inquiry process online through our website, allowing you to provide preliminary information at your own pace. Following your online inquiry, our local lending team will reach out to discuss the next steps and may require further documentation or a visit to our branch to finalize your application.
Still have questions about our loans?
Let us help you find the right loan for your needs. Our local experts are ready to provide personalized guidance and answers.
Or, our team is available by phone:
Robyn Anderson, AVP Commercial Lender | 251-380-7718
Cristal Locke, AVP Commercial Lender | 251-380-7703
