Compare Today’s Refinance Rates for Otley, Iowa 50214
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Otley, Iowa 50214.
With a 30-year amortization refinance in Otley and surrounding areas of Marion county, our calculations show that you can expect to save up to $3,643 over the lifetime of your mortgage, or a monthly savings of $10. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Otley, Iowa 50214.
Summary of Average Refinances in Otley, Iowa 50214
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Interactive Refinance Rate Projections for Otley, Iowa 50214
Pureloan has developed an interactive chart to monitor the five largest local lenders in Otley, IA 50214, 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 Otley, Iowa 50214 from 2024 - 2016
The following historical data provides insights into refinancing trends in Otley, Iowa and the surrounding Marion 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 | 73.33% | 51.51% | 49.98% | 51.06% | 59.17% | 60.71% | 51.34% | 53.45% | 55.81% |
avg refi rate | 5.72% | 3.50% | 2.90% | 3.15% | 4.08% | 4.44% | 4.08% | 3.78% | 3.95% |
% 15 year fixed refinance | 20.00% | 29.10% | 30.12% | 30.84% | 27.34% | 29.17% | 36.40% | 31.80% | 28.14% |
avg refi rate | 5.87% | 2.58% | 2.35% | 2.66% | 3.46% | 3.75% | 3.21% | 2.96% | 3.18% |
Avg credit score | 737.60 | 749.54 | 766.49 | 769.99 | 760.38 | 751.52 | 751.44 | 760.07 | 761.91 |
Avg LTV (loan to value) | 56.13% | 65.86% | 67.62% | 69.56% | 70.56% | 69.64% | 73.52% | 72.39% | 73.13% |
Avg DTI (debt to income) | 32.67 | 32.34 | 28.99 | 28.55 | 31.65 | 31.74 | 31.17 | 30.43 | 30.71 |
Avg refinance insurance % | 2.22% | 2.77% | 3.29% | 5.00% | 3.05% | 5.10% | 3.98% | 3.83% |
Best Refinance Brokers around Otley, Iowa 50214
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Otley, Iowa 50214, we have compiled a list of top refinance brokers to assist you in the process.
Sandy Palmer
Asst Vice President Loan Operations Manager
PO Box 463
Osceola, IA 50214
(641) 342-2175
spalmer@americanstatebank.com
Teresa Brown
Sr. Mortgage Banker
604 Franklin St
Pella, IA 50214
(563) 355-7500
tbrown@compmort.com
Kent Cochrum
Branch Manager
604 Franklin St
Pella, IA 50214
(630) 821-3560
kent@compmort.com
Tony DeRiggi
Senior Mortgage Banker
604 Franklin St
Pella, IA 50214
(630) 836-2517
tonyderiggi@compmort.com
Curt Gunnin
Senior Mortgage Banker
604 Franklin St
Pella, IA 50214
(630) 821-3561
curtgunnink@compmort.com
Address
PO Box 463
Osceola, IA
Contact
(641) 342-2175
Fax (301) 639-0804
spalmer@americanstatebank.com
Address
604 Franklin St
Pella, IA
Contact
(563) 355-7500
Fax (301) 639-0804
tbrown@compmort.com
Address
604 Franklin St
Pella, IA
Contact
(630) 821-3560
Fax (301) 639-0804
kent@compmort.com