Compare Today’s Refinance Rates for Waukegan, Illinois 60087
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Waukegan, Illinois 60087.
With a 30-year amortization refinance in Waukegan and surrounding areas of Lake county, our calculations show that you can expect to save up to $4,250 over the lifetime of your mortgage, or a monthly savings of $12. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Waukegan, Illinois 60087.
Summary of Average Refinances in Waukegan, Illinois 60087
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Interactive Refinance Rate Projections for Waukegan, Illinois 60087
Pureloan has developed an interactive chart to monitor the five largest local lenders in Waukegan, IL 60087, 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 Waukegan, Illinois 60087 from 2024 - 2016
The following historical data provides insights into refinancing trends in Waukegan, Illinois and the surrounding Lake 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 | 67.80% | 47.57% | 52.85% | 53.92% | 60.81% | 57.32% | 51.67% | 56.95% | 55.38% |
avg refi rate | 6.39% | 3.50% | 2.96% | 3.26% | 4.11% | 4.50% | 4.06% | 3.84% | 4.04% |
% 15 year fixed refinance | 20.34% | 36.49% | 30.40% | 29.04% | 24.87% | 31.45% | 36.24% | 30.21% | 31.03% |
avg refi rate | 5.62% | 2.67% | 2.42% | 2.77% | 3.56% | 3.83% | 3.25% | 3.09% | 3.25% |
Avg credit score | 749.39 | 756.47 | 766.07 | 769.86 | 760.35 | 753.65 | 757.72 | 762.30 | 761.35 |
Avg LTV (loan to value) | 60.42% | 63.24% | 66.82% | 68.79% | 71.17% | 68.06% | 69.36% | 69.49% | 69.88% |
Avg DTI (debt to income) | 36.63 | 34.29 | 32.36 | 31.70 | 34.13 | 35.05 | 34.12 | 32.90 | 33.11 |
Avg refinance insurance % | 1.73% | 1.20% | 2.31% | 3.01% | 4.54% | 3.01% | 3.51% | 3.24% | 3.85% |
Best Refinance Brokers around Waukegan, Illinois 60087
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Waukegan, Illinois 60087, we have compiled a list of top refinance brokers to assist you in the process.
Angela Qawi
Loan Officer
2001 N Green Bay Rd
Waukegan, IL 60087
(847) 775-2185
angela.qawi@thedrmc.com
Tammy Moore
Mortgage Consultant
2001 N Green Bay Rd
Waukegan, IL 60087
(847) 672-9662
tammy.moore@thedrmc.com
David Becerra
Mortgage Loan Originator
1334 N Lewis Ave
Waukegan, IL 60087
(847) 662-1799
Dbecerra@seawaybank.us
Linda Moran
Mortgage Origination
PO Box 980
Waukegan, IL 60087
(847) 599-7440
LMoran@northshoretrust.com
Cecilia Montero
Loan Officer
253 E Dundee Rd
Wheeling, IL 60087
(815) 370-2469
Cecilia.F.Montero@chase.com
Address
2001 N Green Bay Rd
Waukegan, IL
Contact
(847) 775-2185
Fax (301) 639-0804
angela.qawi@thedrmc.com
Address
2001 N Green Bay Rd
Waukegan, IL
Contact
(847) 672-9662
Fax (301) 639-0804
tammy.moore@thedrmc.com
Address
1334 N Lewis Ave
Waukegan, IL
Contact
(847) 662-1799
Fax (301) 639-0804
Dbecerra@seawaybank.us