Compare Today’s Mortgage Rates for Vermilion, Ohio
Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in Vermilion, Ohio 44089. 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 $8,149 or $23 / month in Vermilion and surrounding areas of Erie 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 Vermilion, Ohio 44089.
Summary of Average Mortgage Terms in Vermilion, Ohio 44089
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Interactive Mortgage Rate Projections for Vermilion, OH
To forecast and predict mortgage rates in Vermilion, OH 44089, 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 Vermilion, Ohio 44089 from 2014 - 2021
We have compiled mortgage rate charts for home loans in Vermilion, Ohio and around Erie 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 Vermilion, Ohio 44089
If you’re looking to buy a new home in Vermilion, we have compiled a list of the leading mortgage brokers around Vermilion, Ohio 44089 to help you with your search.
Vandyk Mortgage Corporation
9270 Chillicothe Rd
Willoughby OH 44089
(440) 256-2900
askus@vandykmortgage.com
American Midwest Mortgage
34900 Chardon Rd
Willoughby Hills OH 44089
(440) 951-2662
office@ammcorp.net
Ace Cash Express
35535 Euclid Ave
Willoughby OH 44089
(440) 942-1495
acepresident@acecashexpress.com
Schmidt Mortgage Company
35104 Euclid Ave
Willoughby OH 44089
(440) 953-0447
questions@midamericamortgage.com
Lansing Mortgage Co.
35403 Euclid Ave
Willoughby OH 44089
(440) 510-2600
lansingmtg@msn.com
Address
9270 Chillicothe Rd
Willoughby OH
Contact
(440) 256-2900
askus@vandykmortgage.com
Address
34900 Chardon Rd
Willoughby Hills OH
Contact
(440) 951-2662
office@ammcorp.net
Address
35535 Euclid Ave
Willoughby OH
Contact
(440) 942-1495
acepresident@acecashexpress.com