Compare Today’s Refinance Rates for Leroy, Indiana 46355
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Leroy, Indiana 46355.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $4,553 over the lifetime of your mortgage, which translates to a monthly savings of $13 in Leroy and other areas of Porter county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Leroy, Indiana 46355
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Interactive Refinance Rate Projections for Leroy, Indiana 46355
Pureloan has developed an interactive chart to monitor the five largest local lenders in Leroy, IN 46355, 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 Leroy, Indiana 46355 from 2024 - 2016
The following historical data provides insights into refinancing trends in Leroy, Indiana and the surrounding Porter 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 | 76.47% | 52.78% | 57.32% | 55.39% | 61.02% | 49.87% | 49.92% | 52.64% | 53.68% |
| avg refi rate | 6.46% | 3.58% | 3.01% | 3.34% | 4.18% | 4.60% | 4.14% | 3.91% | 4.11% |
| % 15 year fixed refinance | 17.65% | 30.63% | 25.74% | 27.38% | 25.10% | 36.78% | 37.08% | 34.53% | 32.79% |
| avg refi rate | 4.96% | 2.84% | 2.50% | 2.84% | 3.60% | 3.93% | 3.36% | 3.14% | 3.30% |
| Avg credit score | 753.76 | 752.95 | 754.95 | 759.07 | 750.99 | 736.44 | 745.18 | 752.84 | 754.08 |
| Avg LTV (loan to value) | 61.41% | 60.03% | 65.50% | 70.04% | 72.56% | 68.89% | 71.84% | 72.12% | 72.02% |
| Avg DTI (debt to income) | 36.24 | 32.99 | 30.78 | 31.04 | 32.41 | 32.66 | 32.42 | 31.90 | 30.90 |
| Avg refinance insurance % | 3.65% | 0.89% | 2.06% | 3.48% | 5.53% | 3.68% | 4.20% | 5.08% | 5.42% |
Best Refinance Brokers around Leroy, Indiana 46355
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Leroy, Indiana 46355, we have compiled a list of top refinance brokers to assist you in the process.
Mike Gowan
Sales Manager
241 W US Highway 20
Michigan City, IN 46355
(219) 874-1088
mgowan@hallmarkhomemortgage.com
Kim Benko
Loan Officer
219-762-6273OFFICE
Portage, IN 46355
(219) 750-1199
kbenko@accesshorizon.com
Chuck Dayton
Loan Officer
3220 Willowcreek Road
Portage, IN 46355
(219) 763-3376
cdayton@centier.com
Michael Conley
Loan Officer
4000 W Lincoln Hwy
Merrillville, IN 46355
(219) 769-5941
mconley@lakemortgage.com
Sean Conley
Loan Officer
4000 W Lincoln Hwy
Merrillville, IN 46355
(219) 769-5941
SConley@lakemortgage.com
Address
241 W US Highway 20
Michigan City, IN
Contact
(219) 874-1088
Fax (301) 639-0804
mgowan@hallmarkhomemortgage.com
Address
219-762-6273OFFICE
Portage, IN
Contact
(219) 750-1199
Fax (301) 639-0804
kbenko@accesshorizon.com
Address
3220 Willowcreek Road
Portage, IN
Contact
(219) 763-3376
Fax (301) 639-0804
cdayton@centier.com