Your local mortgage lender for the Gulf Coast

Welcome to the official site of Rich Preston, Mortgage Advisor and Loan Officer with Magnolia Mortgage. We are a full-service mortgage company with offices in Mobile and Baldwin County Alabama. We specialize in FHA, USDA, Conventional, and VA Loans in all areas including Mobile, Saraland, Satsuma, Spanish Fort, Daphne, Fairhope, Semmes, Foley, Gulf Shores, and Orange Beach. Whether you are buying a home or refinancing in any of these areas, we can help you realize your dream of homeownership or save you money when getting your new lower monthly payment.

In terms of Purchase Loan programs, we offer the following and more: FHA | VA | USDA | Jumbo | Conventional


Refinancing? We can help you with that, too!

We offer a wide range of refinance options, designed to best meet the needs of local borrowers. If you're looking for cash out, or to just get a better rate and term, we can assist you. We offer the following Refinancing Programs:

FHA Streamline | FHA Cash Out | FHA 203k | VA Streamline | VA Cash Out | USDA Streamline | Conventional | Jumbo

Contact Rich Preston, Mortgage Advisor and Loan Officer with Magnolia Mortgage today to discuss your mortgage loan options, and find out which loan program will best suit your needs.