Compare Today’s Refinance Rates for Champaign, Illinois

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Champaign, Illinois 61822. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Champaign and other areas of Champaign county, expected lifetime cash savings are $4,977 or $14 / month.

For Champaign, Illinois 61822, 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 Champaign, Illinois 61822

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Champaign, IL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Champaign, IL 61822, 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 Champaign, IL

Refinance Rates for Champaign, Illinois 61822 from 2013 - 2020

Below are historical data on refinancing in Champaign, Illinois and around Champaign 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 Champaign, Illinois 61822

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Champaign, Illinois 61822, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Denise Lindsay

Branch Manager I

201 W University Ave

Champaign, IL 61822

(217) 353-6707

john.osorio@marinebank.com

Jordan Frane

Personal Banker

201 W University Ave

Champaign, IL 61822

(217) 353-6707

robin.antonsen@cibmbank.com

Desa Phetchareun

Branch Manager I

1617 W Springfield Ave

Champaign, IL 61822

(217) 366-4535

joe.perkins@cibbank.com

Roberta Antonsen

Business Development

1617 W Springfield Ave

Champaign, IL 61822

(217) 355-0900

desa.phetchareun@cibbank.com

Brad Bengston

Assistant Vice President Mortgage Lender

3002 Windsor Rd

Champaign, IL 61822

(217) 365-4855

Brad.Bengston@busey.com

Address

201 W University Ave

Champaign, IL

Contact

(217) 353-6707

Fax (301) 639-0804

john.osorio@marinebank.com

Address

201 W University Ave

Champaign, IL

Contact

(217) 353-6707

Fax (301) 639-0804

robin.antonsen@cibmbank.com

Address

1617 W Springfield Ave

Champaign, IL

Contact

(217) 366-4535

Fax (301) 639-0804

joe.perkins@cibbank.com

Refinancing News for Champaign, Illinois 61822