Compare Today’s Refinance Rates for Catlin, Illinois 61817
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Catlin, Illinois 61817.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,649 over the lifetime of your mortgage, which translates to a monthly savings of $10 in Catlin and other areas of Vermilion 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.
Summary of Average Refinances in Catlin, Illinois 61817
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Interactive Refinance Rate Projections for Catlin, Illinois 61817
Pureloan has developed an interactive chart to monitor the five largest local lenders in Catlin, IL 61817, 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 Catlin, Illinois 61817 from 2024 - 2016
The following historical data provides insights into refinancing trends in Catlin, Illinois and the surrounding Vermilion 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 | 89.47% | 46.48% | 38.95% | 39.11% | 51.84% | 62.75% | 47.58% | 36.68% | 39.77% |
avg refi rate | 6.43% | 3.76% | 2.98% | 3.20% | 4.24% | 4.55% | 4.11% | 3.79% | 3.97% |
% 15 year fixed refinance | 5.26% | 42.61% | 41.58% | 40.96% | 34.36% | 27.45% | 38.29% | 48.49% | 44.32% |
avg refi rate | 6.50% | 2.81% | 2.40% | 2.63% | 3.55% | 3.84% | 3.26% | 2.95% | 3.07% |
Avg credit score | 742.84 | 777.14 | 762.58 | 766.15 | 751.47 | 746.37 | 752.87 | 754.41 | 759.78 |
Avg LTV (loan to value) | 63.00% | 65.68% | 67.49% | 70.61% | 70.17% | 73.75% | 71.90% | 72.44% | 73.51% |
Avg DTI (debt to income) | 31.32 | 32.20 | 31.42 | 30.69 | 32.02 | 33.93 | 32.35 | 31.75 | 31.77 |
Avg refinance insurance % | 0.63% | 2.18% | 2.54% | 3.32% | 3.53% | 4.31% | 4.20% | 4.14% | 4.63% |
Best Refinance Brokers around Catlin, Illinois 61817
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Catlin, Illinois 61817, we have compiled a list of top refinance brokers to assist you in the process.
Beth Geis
Mortgage Lender
100 W University Ave
Champaign, IL 61817
(217) 351-6544
beth.geis@busey.com
Brett Englehardt
Residential Mortgage Loan Officer & Branch Manager
1311 S Neil St
Champaign, IL 61817
(217) 356-2265
benglehardt@356bank.com
Kimberly Lewis
Residential Mortgage & Consumer Loan Officer
1311 S Neil St
Champaign, IL 61817
(217) 356-2265
klewis@356bank.com
Jason Eyman
Mortgage Lender
1311 S Neil St
Champaign, IL 61817
(217) 356-2265
jeyman@356bank.com
Justin Davis
Mortgage Lender
1311 S Neil St
Champaign, IL 61817
(217) 356-2265
jdavis@356bank.com
Address
100 W University Ave
Champaign, IL
Contact
(217) 351-6544
Fax (301) 639-0804
beth.geis@busey.com
Address
1311 S Neil St
Champaign, IL
Contact
(217) 356-2265
Fax (301) 639-0804
benglehardt@356bank.com
Address
1311 S Neil St
Champaign, IL
Contact
(217) 356-2265
Fax (301) 639-0804
klewis@356bank.com