Compare Today’s Mortgage Rates in Lima, Ohio 45807
Pureloan is a mortgage search engine dedicated to thoroughly searching major lenders and finding you the best mortgage rates in Lima, Ohio 45807.
Whether you are seeking a fixed-rate, adjustable-rate (ARM), FHA, VA, USDA, conventional, jumbo, or conforming home mortgage, our search engine explores all the options in Lima, Ohio 45807. For a 30-year fixed loan, our calculations show that you can expect to save up to $5,899 over the lifetime of your mortgage, which translates to a monthly savings of $16 in Lima and other areas of Allen county.
Summary of Average Mortgages in Lima, Ohio 45807
Become a certified mortgage expert on Pureloan.com
in Lima, Ohio 45807
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Mortgage Rate Projections for Lima, Ohio 45807
Pureloan has developed an interactive chart to help you forecast and predict mortgage rates in Lima, OH 45807. This chart tracks the rates of the five largest nationwide lenders based on historical data from closed mortgage financings and projections using our proprietary modeling.
Historical Mortgage Rates in Lima, Ohio 45807 from 2024 - 2016
We have compiled mortgage rates charts for home loans in Lima, Ohio and around Allen county to provide insight into trends that may be helpful during your home buying process. This data is derived from actual closed loans.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 94.75% | 90.59% | 89.18% | 87.18% | 84.28% | 80.83% | 82.88% | 81.47% | 80.55% |
avg mortgage rate | 6.62% | 4.68% | 3.06% | 3.33% | 4.32% | 4.60% | 4.08% | 3.75% | 3.99% |
% 15 year fixed mortgage | 2.62% | 7.07% | 8.51% | 9.99% | 12.46% | 13.97% | 13.31% | 14.57% | 15.63% |
avg mortgage rate | 5.92% | 3.97% | 2.44% | 2.81% | 3.66% | 3.97% | 3.27% | 2.96% | 3.08% |
Avg credit score | 736.80 | 740.16 | 762.71 | 751.98 | 753.04 | 750.31 | 757.21 | 746.79 | 753.65 |
Avg LTV (loan to value) | 85.21% | 84.57% | 84.79% | 85.21% | 84.17% | 82.69% | 82.92% | 83.12% | 83.26% |
Avg DTI (debt to income) | 34.49 | 33.80 | 32.61 | 31.81 | 32.28 | 31.60 | 31.56 | 30.92 | 29.96 |
% First time homebuyer | 51.31% | 44.13% | 39.09% | 41.70% | 43.73% | 34.87% | 31.63% | 30.13% | 27.80% |
Avg mortgage insurance % | 16.15% | 15.17% | 14.80% | 15.22% | 13.95% | 12.60% | 13.10% | 13.40% | 12.86% |
Best Mortgage Brokers around Lima, Ohio 45807
For those searching for a new home in Lima, we have compiled a list of the top mortgage brokers located in and around Lima, Ohio 45807 to assist you with your search.
Lima Marketplace Mortgage
5309 Nesbitt St
Lima OH 45807
(419) 339-1003
mark@limamarketplacemortgage.com
First Ohio Mortgage of Lima
1174 W North St
Lima OH 45807
(419) 221-2533
Wells Fargo Home Mortgage
3113 W Elm St
Lima OH 45807
(800) 967-8555
http://www.wellsfargo.com/mortgage/
Beneficial Ohio
927 N Cable Rd
Lima OH 45807
(419) 229-9400
http://www.beneficial.com
Wells Fargo Home Mortgage
825 S Cable Rd
Lima OH 45807
(419) 991-0072
http://www.wellsfargo.com/mortgage/
Address
5309 Nesbitt St
Lima OH
Contact
(419) 339-1003
mark@limamarketplacemortgage.com
Address
1174 W North St
Lima OH
Contact
(419) 221-2533
Address
3113 W Elm St
Lima OH
Contact
(800) 967-8555
http://www.wellsfargo.com/mortgage/