Compare Today’s Refinance Rates for Siluria, Alabama 35144
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Siluria, Alabama 35144.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $4,012 over the lifetime of your mortgage, which translates to a monthly savings of $11 in Siluria and other areas of Shelby county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Siluria, Alabama 35144
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Interactive Refinance Rate Projections for Siluria, Alabama 35144
Pureloan has developed an interactive chart to monitor the five largest local lenders in Siluria, AL 35144, 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 Siluria, Alabama 35144 from 2024 - 2016
The following historical data provides insights into refinancing trends in Siluria, Alabama and the surrounding Shelby 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 | 84.00% | 63.08% | 62.95% | 63.93% | 64.49% | 66.00% | 54.59% | 60.07% | 60.59% |
| avg refi rate | 6.35% | 3.74% | 2.97% | 3.26% | 4.19% | 4.52% | 4.08% | 3.93% | 4.14% |
| % 15 year fixed refinance | 12.00% | 20.35% | 23.12% | 21.44% | 22.04% | 26.00% | 29.19% | 25.75% | 26.27% |
| avg refi rate | 5.08% | 2.81% | 2.44% | 2.74% | 3.59% | 3.94% | 3.24% | 3.12% | 3.31% |
| Avg credit score | 740.48 | 767.20 | 749.13 | 755.44 | 748.43 | 743.27 | 745.11 | 747.55 | 747.69 |
| Avg LTV (loan to value) | 64.88% | 65.65% | 70.35% | 74.12% | 72.06% | 74.74% | 74.59% | 75.63% | 76.17% |
| Avg DTI (debt to income) | 32.32 | 32.63 | 30.54 | 30.67 | 32.54 | 32.47 | 32.65 | 31.86 | 32.60 |
| Avg refinance insurance % | 1.48% | 1.46% | 3.10% | 5.13% | 5.18% | 5.91% | 5.44% | 7.29% | 6.60% |
Best Refinance Brokers around Siluria, Alabama 35144
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Siluria, Alabama 35144, we have compiled a list of top refinance brokers to assist you in the process.
Justin Drake
Mortgage Consultant
4760 Eastern Valley Rd Ste 126
Mc Calla, AL 35144
(205) 445-1480
justin.drake@hsl-al.com
Keller Mckaig
Mortgage Banker
4643 Camp Coleman Rd Ste 109
Trussville, AL 35144
(205) 655-0202
kmckaig@hamiltonmortgage.net
Pam Kennedy
Loan Specialist
186 Main St
Trussville, AL 35144
(205) 655-7250
pkennedy@faith-mortgage.com
Nan Mullinax
Processing Assistant
186 Main St
Trussville, AL 35144
(205) 655-7250
nan@faith-mortgage.com
Rebekah Pegusky
Mortgage Loan Originator
Hwy 31 South
Pelham, AL 35144
(205) 621-7961
Rebekah.Pegusky@regions.com
Address
4760 Eastern Valley Rd Ste 126
Mc Calla, AL
Contact
(205) 445-1480
Fax (301) 639-0804
justin.drake@hsl-al.com
Address
4643 Camp Coleman Rd Ste 109
Trussville, AL
Contact
(205) 655-0202
Fax (301) 639-0804
kmckaig@hamiltonmortgage.net
Address
186 Main St
Trussville, AL
Contact
(205) 655-7250
Fax (301) 639-0804
pkennedy@faith-mortgage.com