Compare Today’s Refinance Rates for Schaumburg, Illinois

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Schaumburg, Illinois 60168. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Schaumburg and other areas of Cook county, expected lifetime cash savings are $3,406 or $9 / month.

For Schaumburg, Illinois 60168, 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 Schaumburg, Illinois 60168

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Schaumburg, IL

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Schaumburg, IL 60168, 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 Schaumburg, IL

Refinance Rates for Schaumburg, Illinois 60168 from 2013 - 2020

Below are historical data on refinancing in Schaumburg, Illinois and around Cook 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 52.05% 42.51% 46.03% 46.81% 47.59% 51.72% 52.87% 49.21%
avg refi rate 4.83% 4.47% 3.89% 3.71% 4.51% 4.08% 3.87% 3.96%
% 15 year fixed refinance 31.31% 39.29% 37.06% 40.01% 39.24% 32.76% 31.65% 37.42%
avg refi rate 4.24% 3.80% 3.26% 2.99% 3.56% 3.30% 3.12% 3.21%
Avg credit score 770.25 772.15 774.52 769.94 759.06 760.89 760.91 756.37
Avg LTV (loan to value) 63.19% 63.53% 65.82% 67.80% 70.83% 72.90% 72.65% 72.76%
Avg DTI (debt to income) 31.92 31.49 30.75 31.25 33.57 33.42 33.25 34.03
Avg refinance insurance % 0.80% 0.97% 1.57% 2.69% 4.02% 4.77% 4.56% 4.47%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Schaumburg, Illinois 60168

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Schaumburg, Illinois 60168, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Chuck Silver

Regional Sales Manager

1350 Remington Road Suite S

Schaumburg, IL 60168

csilver@goapmc.com

Sean Pauly

Senior Loan Consultant

1350 Remington Road Suite S

Schaumburg, IL 60168

seanpauly@goapmc.com

Vicki Harissis

Loan Officer

1699 E Woodfield Road Ste. 450

Schaumburg, IL 60168

(847) 944-1452

vicki.h@capitalfinancial.net

Tim Gatz

Loan Officer

1699 E Woodfield Road Ste. 450

Schaumburg, IL 60168

(847) 502-5884

tim@capitalfinancial.net

Ricardo Navarrete

Loan Officer

1699 E Woodfield Road Ste. 450

Schaumburg, IL 60168

(847) 944-1473

ricardo@capitalfinancial.net

Address

1350 Remington Road Suite S

Schaumburg, IL

Contact

Fax (301) 639-0804

csilver@goapmc.com

Address

1350 Remington Road Suite S

Schaumburg, IL

Contact

Fax (301) 639-0804

seanpauly@goapmc.com

Address

1699 E Woodfield Road Ste. 450

Schaumburg, IL

Contact

(847) 944-1452

Fax (301) 639-0804

vicki.h@capitalfinancial.net

Refinancing News for Schaumburg, Illinois 60168