Compare Today’s Refinance Rates for Lester, Iowa 51242
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Lester, Iowa 51242.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Lester, Iowa 51242. For 30-year amortization refinancing, you can expect lifetime cash savings of $9,315 or $26 per month in Lester and other parts of Lyon county.
Summary of Average Refinances in Lester, Iowa 51242
Become a certified mortgage expert on Pureloan.com
in Lester, Iowa 51242
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Lester, Iowa 51242
Pureloan has developed an interactive chart to monitor the five largest local lenders in Lester, IA 51242, 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 Lester, Iowa 51242 from 2024 - 2016
The following historical data provides insights into refinancing trends in Lester, Iowa and the surrounding Lyon 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 | 100.00% | 57.89% | 32.10% | 21.88% | 53.33% | 77.78% | 40.00% | 35.71% | 66.67% |
avg refi rate | 5.88% | 4.65% | 2.94% | 2.96% | 4.02% | 4.55% | 3.95% | 3.77% | 3.97% |
% 15 year fixed refinance | 15.79% | 48.15% | 53.13% | 26.67% | 22.22% | 48.00% | 35.71% | 23.81% | |
avg refi rate | 2.38% | 2.36% | 2.54% | 3.38% | 4.19% | 3.19% | 2.98% | 3.15% | |
Avg credit score | 733.00 | 734.63 | 755.30 | 762.57 | 756.87 | 736.56 | 742.44 | 747.93 | 755.14 |
Avg LTV (loan to value) | 73.33% | 69.16% | 67.05% | 65.78% | 73.80% | 74.67% | 71.48% | 64.14% | 70.00% |
Avg DTI (debt to income) | 25.33 | 30.53 | 28.53 | 28.14 | 24.73 | 32.11 | 32.32 | 25.36 | 28.00 |
Avg refinance insurance % | 8.33% | 0.63% | 3.63% | 3.20% | 4.80% | 2.00% | 1.96% | 2.14% | 3.81% |
Best Refinance Brokers around Lester, Iowa 51242
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Lester, Iowa 51242, we have compiled a list of top refinance brokers to assist you in the process.
David Lantz
Loan Officer
301 1st Ave
Rock Rapids, IA 51242
(712) 472-2537
davidl@frontierbk.com
Brian Metzger
Loan Officer
301 1st Ave
Rock Rapids, IA 51242
(712) 472-2537
brianm@frontierbk.com
Tom Bacan
Loan officer
203 W 7th St
Sanborn, IA 51242
(712) 930-7100
dillon.griebel@iowastatebank.net
Dillon Griebel
Loan officer
203 W 7th St
Sanborn, IA 51242
(712) 930-7100
kristin.kleinwolterink@iowastatebank.net
Kevin Cain
Managing Partner/Loan Officer
1008 3rd Ave
Sheldon, IA 51242
(712) 324-4614
kjc@cainellsworth.com
Address
301 1st Ave
Rock Rapids, IA
Contact
(712) 472-2537
Fax (301) 639-0804
davidl@frontierbk.com
Address
301 1st Ave
Rock Rapids, IA
Contact
(712) 472-2537
Fax (301) 639-0804
brianm@frontierbk.com
Address
203 W 7th St
Sanborn, IA
Contact
(712) 930-7100
Fax (301) 639-0804
dillon.griebel@iowastatebank.net