Compare Today’s Mortgage Rates for Lerna, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Lerna, Illinois 62440. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $6,134 or $17 / month in Lerna and surrounding areas of Coles county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for Lerna, Illinois 62440.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Lerna, Illinois 62440

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Mortgage Rate Projections for Lerna, IL

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Lerna, IL 62440, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Local Mortgage Rates for Lerna, IL

Historical Mortgage Rates for Lerna, Illinois 62440 from 2013 - 2020

We have compiled mortgage rate charts for home loans in Lerna, Illinois and around Coles county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 86.59% 77.92% 85.23% 84.19% 82.72% 82.42% 87.91% 90.30%
avg mortgage rate 5.03% 4.76% 3.93% 4.00% 4.47% 4.07% 3.89% 4.16%
% 15 year fixed mortgage 10.11% 16.40% 11.38% 13.03% 13.60% 11.62% 9.85% 8.44%
avg mortgage rate 4.38% 3.87% 3.30% 3.25% 3.51% 3.23% 3.16% 3.31%
Avg credit score 761.58 764.96 762.31 759.34 758.67 757.27 754.84 793.88
Avg LTV (loan to value) 77.04% 77.87% 79.26% 81.73% 83.15% 83.72% 83.99% 82.79%
Avg DTI (debt to income) 31.71 32.29 30.78 31.62 32.26 32.38 32.60 34.39
% First time homebuyer 36.26% 27.76% 28.00% 29.49% 27.57% 29.83% 25.52% 16.88%
Avg mortgage insurance % 5.09% 6.08% 9.20% 11.57% 11.63% 14.35% 13.90% 13.27%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around Lerna, Illinois 62440

If you’re looking to buy a new home in Lerna, we have compiled a list of the leading mortgage brokers around Lerna, Illinois 62440 to help you with your search.

Name
Address
Contact

TitleMax Title Loans

102 W Trefz Dr

Marshall IL 62440

(217) 826-2994

webinquiries@titlemax.com

Midwest Title Loans

1801 N Illinois Highway 1

Marshall IL 62440

(217) 826-5800

https://www.midwesttitleloans.net/Locations/ILLINOIS/Marshall/1801-N-Illinois-Hwy-1

Community Finance Center

902 N Michigan Ave

Marshall IL 62440

(217) 826-7360

TitleMax Title Loans

910 N Keller Dr

Effingham IL 62440

(217) 342-5454

webinquiries@titlemax.com

Springleaf Financial Services

1304 Thelma Keller Ave

Effingham IL 62440

(217) 342-3958

compliancehelpline@slfs.com

Address

102 W Trefz Dr

Marshall IL

Contact

(217) 826-2994

webinquiries@titlemax.com

Address

1801 N Illinois Highway 1

Marshall IL

Contact

(217) 826-5800

https://www.midwesttitleloans.net/Locations/ILLINOIS/Marshall/1801-N-Illinois-Hwy-1

Address

902 N Michigan Ave

Marshall IL

Contact

(217) 826-7360

News on Mortgages and Reverse Mortgages for Lerna, Illinois 62440