Compare Today’s Mortgage Rates for Lorain, Ohio
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Lorain, Ohio 44052. 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 $12,169 or $34 / month in Lorain and surrounding areas of Lorain 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 Lorain, Ohio 44052.
Summary of Average Mortgage Terms in Lorain, Ohio 44052


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Interactive Mortgage Rate Projections for Lorain, OH
To forecast and predict mortgage rates in Lorain, OH 44052, 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 Lorain, Ohio 44052 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Lorain, Ohio and around Lorain county to help you understand trends for your home purchase process. This data is produced from actual closed loans.
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|---|---|---|
% 30 year fixed mortgage | 88.10% | 86.11% | 84.29% | 84.98% | 89.01% | 88.87% | 88.26% | 91.29% |
avg mortgage rate | 4.92% | 4.65% | 3.87% | 3.98% | 4.46% | 4.14% | 3.95% | 4.13% |
% 15 year fixed mortgage | 9.32% | 11.08% | 11.55% | 11.80% | 8.83% | 8.90% | 9.53% | 6.18% |
avg mortgage rate | 4.33% | 3.90% | 3.13% | 3.07% | 3.45% | 3.26% | 3.09% | 3.35% |
Avg credit score | 764.20 | 761.60 | 761.12 | 757.85 | 754.42 | 752.43 | 748.57 | 751.22 |
Avg LTV (loan to value) | 77.20% | 78.49% | 79.82% | 81.45% | 83.49% | 83.86% | 84.12% | 83.42% |
Avg DTI (debt to income) | 32.79 | 32.24 | 32.15 | 32.33 | 33.37 | 33.33 | 33.62 | 34.22 |
% First time homebuyer | 31.76% | 28.14% | 28.93% | 30.41% | 35.89% | 36.48% | 33.02% | 35.11% |
Avg mortgage insurance % | 4.91% | 6.71% | 8.10% | 10.41% | 12.99% | 14.10% | 14.15% | 13.27% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Lorain, Ohio 44052
If you’re looking to buy a new home in Lorain, we have compiled a list of the leading mortgage brokers around Lorain, Ohio 44052 to help you with your search.
Ace Cash Express
1646 E 32nd St
Lorain OH 44052
(440) 366-0075
http://www.acecashexpress.com/
Cash Stop
2193 N Ridge Rd E
Lorain OH 44052
(440) 240-1110
sharptonerrecycling@sharpusa.com
Springleaf Financial Service
503 Washington Ave
Lorain OH 44052
(440) 244-2410
Ace Cash Express
3040 Oberlin Ave
Lorain OH 44052
(440) 989-2274
customerservice@acecashexpress.com
Consumers Mortgage Corporation
6155 Park Square Dr
Lorain OH 44052
(440) 985-1136
Address
1646 E 32nd St
Lorain OH
Contact
(440) 366-0075
http://www.acecashexpress.com/
Address
2193 N Ridge Rd E
Lorain OH
Contact
(440) 240-1110
sharptonerrecycling@sharpusa.com
Address
503 Washington Ave
Lorain OH
Contact
(440) 244-2410