Compare Today’s Refinance Rates for Bloomington, Illinois

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Bloomington, Illinois 61702. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Bloomington and other areas of Mclean county, expected lifetime cash savings are $4,504 or $13 / month.

For Bloomington, Illinois 61702, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Bloomington, Illinois 61702

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Bloomington, IL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Bloomington, IL 61702, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Bloomington, IL

Refinance Rates for Bloomington, Illinois 61702 from 2013 - 2020

Below are historical data on refinancing in Bloomington, Illinois and around Mclean county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 46.58% 34.23% 37.52% 41.70% 51.53% 42.69% 42.20% 44.39%
avg refi rate 4.76% 4.47% 3.81% 3.63% 4.41% 4.01% 3.82% 4.02%
% 15 year fixed refinance 36.73% 44.74% 40.84% 39.41% 40.84% 42.00% 44.24% 39.46%
avg refi rate 4.14% 3.66% 3.08% 2.81% 3.44% 3.13% 2.96% 3.13%
Avg credit score 761.49 764.78 770.17 762.51 750.90 757.84 757.31 753.52
Avg LTV (loan to value) 66.09% 66.08% 67.49% 69.01% 71.67% 72.18% 72.95% 72.13%
Avg DTI (debt to income) 30.41 29.69 29.64 30.65 32.90 31.52 31.97 32.79
Avg refinance insurance % 1.46% 1.65% 2.26% 3.43% 3.79% 4.23% 4.55% 4.17%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Bloomington, Illinois 61702

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Bloomington, Illinois 61702, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Patrick Brady

Loan Officer Assistant

1801 E Empire St Ste 1

Bloomington, IL 61702

(309) 222-2037

patrick.brady@avenuemortgage.com

Kent Cochrum

Senior Loan Originator and Business Development

1801 E Empire St Ste 1

Bloomington, IL 61702

(309) 222-2037

kent.cochrum@avenuemortgage.com

Kathryn Robin

Loan Specialist

1801 E Empire St Ste 1

Bloomington, IL 61702

(309) 222-2037

kathryn@avenuemortgage.com

Karen Hansen

Loan Officer Assistant

1801 E Empire St Ste 1

Bloomington, IL 61702

(309) 222-2037

karen.hansen@avenuemortgage.com

Jeffrey Mallers

Secondary Marketing & Assistant VP

1801 E Empire St Ste 1

Bloomington, IL 61702

(309) 222-2037

jmallers@avenuemortgage.com

Address

1801 E Empire St Ste 1

Bloomington, IL

Contact

(309) 222-2037

Fax (301) 639-0804

patrick.brady@avenuemortgage.com

Address

1801 E Empire St Ste 1

Bloomington, IL

Contact

(309) 222-2037

Fax (301) 639-0804

kent.cochrum@avenuemortgage.com

Address

1801 E Empire St Ste 1

Bloomington, IL

Contact

(309) 222-2037

Fax (301) 639-0804

kathryn@avenuemortgage.com

Refinancing News for Bloomington, Illinois 61702