Compare Today’s Refinance Rates for Chapin, Illinois 62628
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Chapin, Illinois 62628.
With a 30-year amortization refinance in Chapin and surrounding areas of Morgan county, our calculations show that you can expect to save up to $2,965 over the lifetime of your mortgage, or a monthly savings of $8. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Chapin, Illinois 62628.
Summary of Average Refinances in Chapin, Illinois 62628
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Interactive Refinance Rate Projections for Chapin, Illinois 62628
Pureloan has developed an interactive chart to monitor the five largest local lenders in Chapin, IL 62628, 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 Chapin, Illinois 62628 from 2024 - 2016
The following historical data provides insights into refinancing trends in Chapin, Illinois and the surrounding Morgan 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 | 42.21% | 43.72% | 37.93% | 49.84% | 40.10% | 40.34% | 38.55% | 54.27% | |
| avg refi rate | 3.95% | 3.92% | 4.11% | 4.51% | 3.74% | 3.96% | 4.53% | 4.83% | |
| % 15 year fixed refinance | 37.19% | 30.42% | 33.70% | 30.10% | 35.17% | 34.69% | 40.15% | 33.94% | |
| avg refi rate | 3.20% | 3.12% | 3.21% | 3.54% | 2.98% | 3.24% | 3.78% | 4.21% | |
| Avg credit score | 759.66 | 761.43 | 758.70 | 754.77 | 766.58 | 769.75 | 766.48 | 768.91 | |
| Avg LTV (loan to value) | 74.79% | 74.63% | 74.45% | 75.36% | 70.82% | 69.70% | 67.56% | 68.97% | |
| Avg DTI (debt to income) | 31.52 | 31.20 | 31.34 | 31.75 | 30.35 | 29.70 | 30.58 | 29.93 | |
| Avg refinance insurance % | 5.49% | 5.82% | 5.34% | 5.41% | 3.79% | 2.79% | 2.12% | 2.04% |
Best Refinance Brokers around Chapin, Illinois 62628
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Chapin, Illinois 62628, we have compiled a list of top refinance brokers to assist you in the process.
Scott Musch
President/Loan Officer
300 Washington St
Beardstown, IL 62628
(217) 323-4105
smusch@fnbbtown.com
Jason Brockschmidt
Loan Officer
300 Washington St
Beardstown, IL 62628
(217) 323-4105
jbrockschmidt@fnbbtown.com
Jeanette Harbin
Loan Officer
300 Washington St
Beardstown, IL 62628
(217) 323-4105
jharbin@fnbbtown.com
Paul Rice
Loan Officer
300 Washington St
Beardstown, IL 62628
(217) 323-4105
price@fnbbtown.com
Dawn Horrell
Mortgage Consultant
402 N 3rd St
Girard, IL 62628
(217) 627-2186
dhorrell@psbank.net
Address
300 Washington St
Beardstown, IL
Contact
(217) 323-4105
Fax (301) 639-0804
smusch@fnbbtown.com
Address
300 Washington St
Beardstown, IL
Contact
(217) 323-4105
Fax (301) 639-0804
jbrockschmidt@fnbbtown.com
Address
300 Washington St
Beardstown, IL
Contact
(217) 323-4105
Fax (301) 639-0804
jharbin@fnbbtown.com