Compare Today’s Refinance Rates for Henry, Illinois 61537
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Henry, Illinois 61537.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $2,965 over the lifetime of your mortgage, which translates to a monthly savings of $8 in Henry and other areas of Marshall 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 Henry, Illinois 61537
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Interactive Refinance Rate Projections for Henry, Illinois 61537
Pureloan has developed an interactive chart to monitor the five largest local lenders in Henry, IL 61537, 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 Henry, Illinois 61537 from 2024 - 2016
The following historical data provides insights into refinancing trends in Henry, Illinois and the surrounding Marshall 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 Henry, Illinois 61537
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Henry, Illinois 61537, we have compiled a list of top refinance brokers to assist you in the process.
Jarrod Doty
Mortgage Banker
410 Jubilee, Suite D
Metamora, IL 61537
(800) 270-3416
jarroddoty@leader1.com
June Harnacke
Loan Officer
134 S Sampson St
Tremont, IL 61537
(217) 445-2211
june@newhollandbank.com
Keith Garlish
Loans officer
7508 N. Kickapoo Edwards Road
Edwards, IL 61537
(309) 676-0069
kgarlis@1stfarmcredit.com
Mary Malone
Lending Services Administrator
7508 N. Kickapoo Edwards Road
Edwards, IL 61537
(309) 676-0069
mmalon1@1stfarmcredit.com
Jill Shafer
Lending Services Administrator
7508 N. Kickapoo Edwards Road
Edwards, IL 61537
(309) 676-0069
jshafer@1stfarmcredit.com
Address
410 Jubilee, Suite D
Metamora, IL
Contact
(800) 270-3416
Fax (301) 639-0804
jarroddoty@leader1.com
Address
134 S Sampson St
Tremont, IL
Contact
(217) 445-2211
Fax (301) 639-0804
june@newhollandbank.com
Address
7508 N. Kickapoo Edwards Road
Edwards, IL
Contact
(309) 676-0069
Fax (301) 639-0804
kgarlis@1stfarmcredit.com