Compare Today’s Refinance Rates for Albion, Indiana 46701
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Albion, Indiana 46701.
With a 30-year amortization refinance in Albion and surrounding areas of Noble 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 Albion, Indiana 46701.
Summary of Average Refinances in Albion, Indiana 46701
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Interactive Refinance Rate Projections for Albion, Indiana 46701
Pureloan has developed an interactive chart to monitor the five largest local lenders in Albion, IN 46701, 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 Albion, Indiana 46701 from 2024 - 2016
The following historical data provides insights into refinancing trends in Albion, Indiana and the surrounding Noble 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 | 92.31% | 51.52% | 54.38% | 55.37% | 64.30% | 58.42% | 42.30% | 49.48% | 55.01% |
avg refi rate | 6.53% | 3.58% | 2.97% | 3.25% | 4.06% | 4.53% | 4.11% | 3.90% | 4.07% |
% 15 year fixed refinance | 3.85% | 28.85% | 26.03% | 27.20% | 22.54% | 29.76% | 41.60% | 33.51% | 29.12% |
avg refi rate | 4.88% | 2.68% | 2.48% | 2.78% | 3.57% | 3.79% | 3.23% | 3.06% | 3.28% |
Avg credit score | 746.77 | 752.51 | 763.83 | 766.61 | 756.04 | 740.83 | 748.67 | 758.17 | 755.51 |
Avg LTV (loan to value) | 62.15% | 58.22% | 64.42% | 69.10% | 72.84% | 68.95% | 70.01% | 71.93% | 74.20% |
Avg DTI (debt to income) | 38.12 | 29.61 | 28.70 | 28.66 | 30.99 | 30.88 | 30.47 | 28.95 | 29.47 |
Avg refinance insurance % | 2.77% | 0.82% | 1.79% | 3.33% | 5.95% | 3.38% | 3.53% | 4.48% | 5.21% |
Best Refinance Brokers around Albion, Indiana 46701
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Albion, Indiana 46701, we have compiled a list of top refinance brokers to assist you in the process.
Leo Phillips
Mortgage Loan Officer
101 N Main St
Auburn, IN 46701
(260) 927-9342
leo.phillips@pncmortgage.com
Jodi Hammond
Loan Officer
1220 E 7th St
Auburn, IN 46701
(888) 522-2265
Jodi.Hammond@lakecitybank.com
Steve Schumacher
Loan Officer
1220 E 7th St
Auburn, IN 46701
(888) 522-2265
Steve.Schumacher@lakecitybank.com
Paula Whiting
Loan Officer
1501 N Jefferson St
Huntington, IN 46701
(888) 522-2265
Paula.Whiting@lakecitybank.com
Cathy Hefty
Loan Officer
901 S Detroit St
Lagrange, IN 46701
(888) 522-2265
Cathy.Hefty@lakecitybank.com
Address
101 N Main St
Auburn, IN
Contact
(260) 927-9342
Fax (301) 639-0804
leo.phillips@pncmortgage.com
Address
1220 E 7th St
Auburn, IN
Contact
(888) 522-2265
Fax (301) 639-0804
Jodi.Hammond@lakecitybank.com
Address
1220 E 7th St
Auburn, IN
Contact
(888) 522-2265
Fax (301) 639-0804
Steve.Schumacher@lakecitybank.com