Compare Today’s Refinance Rates for El Toro, California 92609

Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in El Toro, California 92609.

Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $13,142 over the lifetime of your mortgage, which translates to a monthly savings of $37 in El Toro and other areas of Orange 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.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

33.640015 -117.68819 38408

Summary of Average Refinances in El Toro, California 92609

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for El Toro, California 92609

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in El Toro, CA 92609, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.

Local Refinance Rates in El Toro, California 92609

Lake Forest is a city in Orange County, California. The population was 85,858 at the 2020 census.

Lake Forest incorporated as a city on December 20, 1991. Prior to incorporation, the community had been known as El Toro. Read more

Lake Forest is a city in Orange County, California. The population was 85,858 at the 2020 census.

Lake Forest incorporated as a city on December 20, 1991. Prior to incorporation, the community had been known as El Toro. Following a vote in 2000, Lake Forest expanded its city limits to include the master-planned developments of Foothill Ranch and Portola Hills. This expansion brought new homes and commercial centers to the northeastern boundary of the city.

Lake Forest has two lakes from which the city gets its name. The lakes are man-made, and condominiums and custom homes ranging from large to small line their shores. Neighborhood associations manage the lakes Each facility features tennis courts, gyms, basketball courts, barbecue pits, volleyball courts, multiple swimming pools, saunas, hot tubs and club houses for social events.

The "forest" for which the city is also named lies in the area between Ridge Route, Jeronimo, Lake Forest and Serrano roads, and consists mostly of Eucalyptus trees. It is also man-made, and was created in the first decade of the 1900s when a local landowner, Dwight Whiting, planted 400 acres of Eucalyptus groves in the vicinity of Serrano Creek as part of a lumber operation intended to draw development to the area. In the late 1960s, the Occidental Petroleum company developed a residential community in and around the Eucalyptus groves, which had long since expanded and grown much more dense. Read less

Historical Refinance Rates in El Toro, California 92609 from 2024 - 2016

The following historical data provides insights into refinancing trends in El Toro, California and the surrounding Orange 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 96.00% 73.42% 76.44% 77.36% 82.50% 78.80% 75.88% 78.82% 79.91%
avg refi rate 6.31% 3.29% 2.82% 3.08% 3.96% 4.42% 4.04% 3.81% 4.00%
% 15 year fixed refinance 4.00% 16.26% 15.61% 14.73% 11.25% 14.85% 17.74% 15.41% 14.45%
avg refi rate 5.88% 2.55% 2.29% 2.59% 3.35% 3.72% 3.20% 3.04% 3.24%
Avg credit score 753.64 764.88 772.09 774.92 763.59 752.07 756.04 761.81 761.24
Avg LTV (loan to value) 51.12% 49.81% 54.41% 56.61% 62.28% 56.20% 58.58% 59.85% 61.92%
Avg DTI (debt to income) 37.76 37.97 34.57 33.91 36.54 37.52 36.22 35.46 35.64
Avg refinance insurance % 0.26% 0.80% 0.92% 2.04% 1.42% 1.16% 1.14% 0.92%

Source: Financial Report of the US Government

Best Refinance Brokers around El Toro, California 92609

If you are considering refinancing your mortgage or obtaining a cash-out refinance in El Toro, California 92609, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

Alex Bejenaru

Mortgage Banker

26791 Portola Pkwy

Foothill Ranch, CA 92609

(187) 789-5281

Alex.Bejenaru@Chase.com

Gigi Scheper

Loan Officer

18200 Von Karman Ave Ste 300

Irvine, CA 92609

(949) 636-5894

GigiScheper@Gmail.com

Sally Scheper

Loan Officer

18200 Von Karman Ave Ste 300

Irvine, CA 92609

(949) 636-5894

SScheper@gmail.com

Allison Ashmore

Mortgage Loan Officer

19500 Jamboree Rd

Irvine, CA 92609

(323) 648-3151

allison.ashmore@impacmail.com

Carlos Aguilar

Mortgage Loan Officer

19500 Jamboree Rd

Irvine, CA 92609

(626) 786-0235

carlos.m.aguilar@impacmail.com

Address

26791 Portola Pkwy

Foothill Ranch, CA

Contact

(187) 789-5281

Fax (301) 639-0804

Alex.Bejenaru@Chase.com

Address

18200 Von Karman Ave Ste 300

Irvine, CA

Contact

(949) 636-5894

Fax (301) 639-0804

GigiScheper@Gmail.com

Address

18200 Von Karman Ave Ste 300

Irvine, CA

Contact

(949) 636-5894

Fax (301) 639-0804

SScheper@gmail.com

Refinancing News for El Toro, California 92609