Compare Today’s Mortgage Rates for Spencerville, Ohio
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Spencerville, Ohio 45887. 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 $6,776 or $19 / month in Spencerville and surrounding areas of Allen 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 Spencerville, Ohio 45887.
Summary of Average Mortgage Terms in Spencerville, Ohio 45887
Rate
APR
Expected Savings
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Total Closing Costs
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Interactive Mortgage Rate Projections for Spencerville, OH
To forecast and predict mortgage rates in Spencerville, OH 45887, 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 Spencerville, Ohio 45887 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Spencerville, Ohio and around Allen 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 | 85.80% | 81.55% | 82.21% | 82.91% | 84.66% | 85.22% | 82.63% | 82.19% |
| avg mortgage rate | 4.92% | 4.63% | 3.88% | 3.98% | 4.44% | 4.09% | 3.89% | 4.10% |
| % 15 year fixed mortgage | 10.24% | 12.24% | 14.61% | 14.43% | 11.46% | 11.40% | 13.40% | 12.72% |
| avg mortgage rate | 4.36% | 3.91% | 3.16% | 3.10% | 3.43% | 3.22% | 3.02% | 3.17% |
| Avg credit score | 765.84 | 764.52 | 764.45 | 762.59 | 756.61 | 756.54 | 755.53 | 751.72 |
| Avg LTV (loan to value) | 76.46% | 77.83% | 79.37% | 80.38% | 82.24% | 82.48% | 82.24% | 81.48% |
| Avg DTI (debt to income) | 31.16 | 30.64 | 30.04 | 30.81 | 32.46 | 33.09 | 32.60 | 34.24 |
| % First time homebuyer | 25.29% | 25.14% | 21.70% | 22.37% | 27.91% | 29.67% | 29.67% | 27.54% |
| Avg mortgage insurance % | 5.12% | 6.81% | 8.86% | 10.34% | 12.91% | 13.49% | 12.98% | 12.50% |
Data produced from the Financial Report of the US Government
Best Mortgage Brokers Around Spencerville, Ohio 45887
If you’re looking to buy a new home in Spencerville, we have compiled a list of the leading mortgage brokers around Spencerville, Ohio 45887 to help you with your search.
Name
Address
Contact
Onemain Financial
112 N Market St
Van Wert OH 45887
(419) 238-2280
http://www.onemainfinancial.com/
Valued Services of Ohio
345 Town Center Blvd
Van Wert OH 45887
(419) 238-0253
Ag Credit
1195 Professional Dr
Van Wert OH 45887
(419) 238-6838
aaronstoller@agcredit.net
Van Wert Pawn & Jewelry
104 W Main St
Van Wert OH 45887
(419) 232-4422
Melissa Lytle
818 S Shannon St
Van Wert OH 45887
(419) 232-2175
melissa.lytle@usbank.com
Address
112 N Market St
Van Wert OH
Contact
(419) 238-2280
http://www.onemainfinancial.com/
Address
345 Town Center Blvd
Van Wert OH
Contact
(419) 238-0253
Address
1195 Professional Dr
Van Wert OH
Contact
(419) 238-6838
aaronstoller@agcredit.net