Compare Today’s Refinance Rates for West Point, Illinois 62380
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in West Point, Illinois 62380.
With a 30-year amortization refinance in West Point and surrounding areas of Adams county, our calculations show that you can expect to save up to $2,855 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 West Point, Illinois 62380.
Summary of Average Refinances in West Point, Illinois 62380
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Interactive Refinance Rate Projections for West Point, Illinois 62380
Pureloan has developed an interactive chart to monitor the five largest local lenders in West Point, IL 62380, 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 West Point, Illinois 62380 from 2024 - 2016
The following historical data provides insights into refinancing trends in West Point, Illinois and the surrounding Adams 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 | 50.00% | 40.00% | 45.83% | 44.44% | 41.11% | 38.03% | 28.33% | 27.21% | |
avg refi rate | 4.11% | 3.74% | 3.90% | 4.45% | 3.42% | 3.83% | 4.41% | 4.77% | |
% 15 year fixed refinance | 28.57% | 52.00% | 33.33% | 38.89% | 41.11% | 42.96% | 49.17% | 47.06% | |
avg refi rate | 3.13% | 3.04% | 2.97% | 3.46% | 2.77% | 3.08% | 3.59% | 4.11% | |
Avg credit score | 726.43 | 741.36 | 750.58 | 721.78 | 761.51 | 764.54 | 767.75 | 772.63 | |
Avg LTV (loan to value) | 71.43% | 74.08% | 73.04% | 67.22% | 69.30% | 67.25% | 66.97% | 64.72% | |
Avg DTI (debt to income) | 29.79 | 31.44 | 30.04 | 32.94 | 31.11 | 29.46 | 29.66 | 28.21 | |
Avg refinance insurance % | 2.57% | 6.52% | 2.58% | 0.67% | 3.67% | 2.45% | 1.41% | 1.13% |
Best Refinance Brokers around West Point, Illinois 62380
If you are considering refinancing your mortgage or obtaining a cash-out refinance in West Point, Illinois 62380, we have compiled a list of top refinance brokers to assist you in the process.
Andrew Grunloh
Mortgage Loan Officer
2000 S Banker St
Effingham, IL 62380
(217) 347-7751
AGrunloh@crossroadsbank.com
Douglas Feldhake
Mortgage Loan Officer
2000 S Banker St
Effingham, IL 62380
(217) 347-7751
DFeldhake@crossroadsbank.com
Christopher Kabbes
Mortgage Loan Officer
2000 S Banker St
Effingham, IL 62380
(217) 347-7751
CKabbes@crossroadsbank.com
Landon Etheridge
Mortgage Loan Officer
2000 S Banker St
Effingham, IL 62380
(217) 347-7751
LEtheridge@crossroadsbank.com
Becky McGee
Mortgage Loan Officer
2000 S Banker St
Effingham, IL 62380
(217) 347-7751
BMcGee@crossroadsbank.com
Address
2000 S Banker St
Effingham, IL
Contact
(217) 347-7751
Fax (301) 639-0804
AGrunloh@crossroadsbank.com
Address
2000 S Banker St
Effingham, IL
Contact
(217) 347-7751
Fax (301) 639-0804
DFeldhake@crossroadsbank.com
Address
2000 S Banker St
Effingham, IL
Contact
(217) 347-7751
Fax (301) 639-0804
CKabbes@crossroadsbank.com