Compare Today’s Refinance Rates for Cook Springs, Alabama 35052
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Cook Springs, Alabama 35052.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Cook Springs, Alabama 35052. For 30-year amortization refinancing, you can expect lifetime cash savings of $5,316 or $15 per month in Cook Springs and other parts of Saint Clair county.
Summary of Average Refinances in Cook Springs, Alabama 35052
Become a certified mortgage expert on Pureloan.com
in Cook Springs, Alabama 35052
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Cook Springs, Alabama 35052
Pureloan has developed an interactive chart to monitor the five largest local lenders in Cook Springs, AL 35052, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Cook Springs, Alabama 35052 from 2024 - 2016
The following historical data provides insights into refinancing trends in Cook Springs, Alabama and the surrounding Saint Clair county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed refinance | 90.91% | 61.94% | 62.84% | 59.66% | 64.62% | 71.19% | 60.58% | 64.49% | 61.28% |
avg refi rate | 6.17% | 3.76% | 3.00% | 3.26% | 4.26% | 4.60% | 4.15% | 4.02% | 4.15% |
% 15 year fixed refinance | 22.70% | 22.01% | 24.61% | 20.22% | 23.73% | 25.73% | 26.17% | 28.20% | |
avg refi rate | 2.88% | 2.47% | 2.79% | 3.67% | 4.17% | 3.32% | 3.20% | 3.33% | |
Avg credit score | 740.09 | 731.74 | 746.83 | 754.04 | 747.62 | 742.98 | 744.73 | 749.81 | 753.51 |
Avg LTV (loan to value) | 62.05% | 65.29% | 70.84% | 74.29% | 73.25% | 74.81% | 73.41% | 76.66% | 76.26% |
Avg DTI (debt to income) | 33.77 | 32.71 | 31.12 | 30.93 | 32.73 | 32.99 | 32.17 | 31.71 | 31.30 |
Avg refinance insurance % | 1.64% | 1.37% | 3.31% | 5.37% | 5.29% | 6.66% | 5.98% | 6.89% | 8.25% |
Best Refinance Brokers around Cook Springs, Alabama 35052
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Cook Springs, Alabama 35052, we have compiled a list of top refinance brokers to assist you in the process.
Chasity Robertson
Lender
1710 Cherokee Ave SW
Cullman, AL 35052
(256) 255-2000
chasityr@eva-bank.com
Kerry Neighbors
Lender
1710 Cherokee Ave SW
Cullman, AL 35052
(256) 255-2000
kerryn@eva-bank.com
Lynn Day
VP/Branch Manager/ Lender
3210 Alabama Highway 157
Cullman, AL 35052
(256) 737-1655
lynnd@eva-bank.com
Stephen McRea
VP/Lender
Second Floor 3210 Alabama Highway 157
Cullman, Al 35052
(256) 737-1988
stephenm@eva-bank.com
Justin Drake
Mortgage Consultant
4760 Eastern Valley Rd Ste 126
Mc Calla, AL 35052
(205) 445-1480
justin.drake@hsl-al.com
Address
1710 Cherokee Ave SW
Cullman, AL
Contact
(256) 255-2000
Fax (301) 639-0804
chasityr@eva-bank.com
Address
1710 Cherokee Ave SW
Cullman, AL
Contact
(256) 255-2000
Fax (301) 639-0804
kerryn@eva-bank.com
Address
3210 Alabama Highway 157
Cullman, AL
Contact
(256) 737-1655
Fax (301) 639-0804
lynnd@eva-bank.com