Compare Today’s Refinance Rates for Alsip, Illinois 60803
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Alsip, Illinois 60803.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $6,801 over the lifetime of your mortgage, which translates to a monthly savings of $19 in Alsip and other areas of Cook 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.
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Summary of Average Refinances in Alsip, Illinois 60803
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Alsip, Illinois 60803
Pureloan has developed an interactive chart to monitor the five largest local lenders in Alsip, IL 60803, 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 Alsip, Illinois 60803 from 2024 - 2016
The following historical data provides insights into refinancing trends in Alsip, Illinois and the surrounding Cook 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 | 67.80% | 47.57% | 52.85% | 53.92% | 60.81% | 57.32% | 51.67% | 56.95% | 55.38% |
| avg refi rate | 6.39% | 3.50% | 2.96% | 3.26% | 4.11% | 4.50% | 4.06% | 3.84% | 4.04% |
| % 15 year fixed refinance | 20.34% | 36.49% | 30.40% | 29.04% | 24.87% | 31.45% | 36.24% | 30.21% | 31.03% |
| avg refi rate | 5.62% | 2.67% | 2.42% | 2.77% | 3.56% | 3.83% | 3.25% | 3.09% | 3.25% |
| Avg credit score | 749.39 | 756.47 | 766.07 | 769.86 | 760.35 | 753.65 | 757.72 | 762.30 | 761.35 |
| Avg LTV (loan to value) | 60.42% | 63.24% | 66.82% | 68.79% | 71.17% | 68.06% | 69.36% | 69.49% | 69.88% |
| Avg DTI (debt to income) | 36.63 | 34.29 | 32.36 | 31.70 | 34.13 | 35.05 | 34.12 | 32.90 | 33.11 |
| Avg refinance insurance % | 1.73% | 1.20% | 2.31% | 3.01% | 4.54% | 3.01% | 3.51% | 3.24% | 3.85% |
Best Refinance Brokers around Alsip, Illinois 60803
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Alsip, Illinois 60803, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
James Sullivan
Mortgage Loan Officer
5165 West 111th Street
Alsip, IL 60803
jamessullivan@goapmc.com
James Messinger
Sales Manager
5165-67 West 111th Street
Alsip, IL 60803
(708) 290-3145
jmessinger@goapmc.com
Peter Pappas
Mortgage Loan Specialist
3101 West 95Th Street
Evergreen Park, IL 60803
(708) 499-7450
anthony.contino@53.com
Address
5165 West 111th Street
Alsip, IL
Contact
Fax (301) 639-0804
jamessullivan@goapmc.com
Address
5165-67 West 111th Street
Alsip, IL
Contact
(708) 290-3145
Fax (301) 639-0804
jmessinger@goapmc.com
Address
3101 West 95Th Street
Evergreen Park, IL
Contact
(708) 499-7450
Fax (301) 639-0804
anthony.contino@53.com