Compare Today’s Mortgage Rates for Vernon, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Vernon, Illinois 62892. 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 $3,535 or $10 / month in Vernon and surrounding areas of Marion 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 Vernon, Illinois 62892.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in Vernon, Illinois 62892

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in Vernon, IL 62892, 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.

Historical Mortgage Rates for Vernon, Illinois 62892 from 2012 - 2019

We have compiled mortgage rate charts for home loans in Vernon, Illinois and around Marion 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 Vernon, Illinois 62892

If you’re looking to buy a new home in Vernon, we have compiled a list of the leading mortgage brokers around Vernon, Illinois 62892 to help you with your search.

Name
Address
Contact

Springleaf Financial Services

606 W Main St

West Frankfort IL 62892

(618) 932-3181

https://www.springleaf.com/branches/IL/West-Frankfort/62896/384

American General Financial Svc

606 W Main St

West Frankfort IL 62892

(618) 932-3181

Snow Creek Funding Group

7588 E Grant Rd

Walnut Hill IL 62892

(618) 532-7620

http://www.snowcreekfunding.com/

World Finance

704 E Walnut St

Carbondale IL 62892

(618) 529-1436

OneMain Financial

1000 N Carbon St

Marion IL 62892

(618) 997-5457

http://branches.onemainfinancial.com/il/marion/1000-n--carbon-street.html

Address

606 W Main St

West Frankfort IL

Contact

(618) 932-3181

https://www.springleaf.com/branches/IL/West-Frankfort/62896/384

Address

606 W Main St

West Frankfort IL

Contact

(618) 932-3181

Address

7588 E Grant Rd

Walnut Hill IL

Contact

(618) 532-7620

http://www.snowcreekfunding.com/

News on Mortgages and Reverse Mortgages for Vernon, Illinois 62892