Compare Today’s Refinance Rates for Raritan, Illinois 61471
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Raritan, Illinois 61471.
With a 30-year amortization refinance in Raritan and surrounding areas of Henderson county, our calculations show that you can expect to save up to $2,160 over the lifetime of your mortgage, or a monthly savings of $6. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Raritan, Illinois 61471.
Summary of Average Refinances in Raritan, Illinois 61471
Become a certified mortgage expert on Pureloan.com
in Raritan, Illinois 61471
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Raritan, Illinois 61471
Pureloan has developed an interactive chart to monitor the five largest local lenders in Raritan, IL 61471, 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 Raritan, Illinois 61471 from 2024 - 2016
The following historical data provides insights into refinancing trends in Raritan, Illinois and the surrounding Henderson 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 Raritan, Illinois 61471
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Raritan, Illinois 61471, we have compiled a list of top refinance brokers to assist you in the process.
June Harnacke
Loan Officer
134 S Sampson St
Tremont, IL 61471
(217) 445-2211
june@newhollandbank.com
Keith Garlish
Loans officer
7508 N. Kickapoo Edwards Road
Edwards, IL 61471
(309) 676-0069
kgarlis@1stfarmcredit.com
Mary Malone
Lending Services Administrator
7508 N. Kickapoo Edwards Road
Edwards, IL 61471
(309) 676-0069
mmalon1@1stfarmcredit.com
Jill Shafer
Lending Services Administrator
7508 N. Kickapoo Edwards Road
Edwards, IL 61471
(309) 676-0069
jshafer@1stfarmcredit.com
Rodney Robenstein
Loans officer
515 E. Courtland St.
Morton, IL 61471
(309) 266-7059
rrobens@1stfarmcredit.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
Address
7508 N. Kickapoo Edwards Road
Edwards, IL
Contact
(309) 676-0069
Fax (301) 639-0804
mmalon1@1stfarmcredit.com