Compare Today’s Refinance Rates for Nappanee, Indiana 46550
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Nappanee, Indiana 46550.
With a 30-year amortization refinance in Nappanee and surrounding areas of Elkhart county, our calculations show that you can expect to save up to $3,149 over the lifetime of your mortgage, or a monthly savings of $9. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Nappanee, Indiana 46550.
Summary of Average Refinances in Nappanee, Indiana 46550
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Interactive Refinance Rate Projections for Nappanee, Indiana 46550
Pureloan has developed an interactive chart to monitor the five largest local lenders in Nappanee, IN 46550, 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 Nappanee, Indiana 46550 from 2024 - 2016
The following historical data provides insights into refinancing trends in Nappanee, Indiana and the surrounding Elkhart 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 | 92.86% | 46.12% | 50.48% | 48.73% | 58.97% | 45.82% | 40.86% | 41.37% | 40.48% |
| avg refi rate | 6.72% | 3.73% | 3.03% | 3.35% | 4.21% | 4.71% | 4.14% | 3.87% | 4.04% |
| % 15 year fixed refinance | 32.65% | 33.74% | 34.71% | 28.63% | 41.04% | 47.04% | 47.18% | 44.81% | |
| avg refi rate | 2.81% | 2.49% | 2.82% | 3.66% | 3.90% | 3.28% | 3.08% | 3.17% | |
| Avg credit score | 725.64 | 741.07 | 752.22 | 760.96 | 752.09 | 736.00 | 743.33 | 752.35 | 750.43 |
| Avg LTV (loan to value) | 57.64% | 59.56% | 64.71% | 68.21% | 70.24% | 68.73% | 68.72% | 69.97% | 71.45% |
| Avg DTI (debt to income) | 35.00 | 30.58 | 29.24 | 29.29 | 30.35 | 30.77 | 29.81 | 29.14 | 28.96 |
| Avg refinance insurance % | 4.43% | 1.06% | 2.36% | 3.46% | 4.53% | 3.84% | 3.45% | 3.68% | 4.70% |
Best Refinance Brokers around Nappanee, Indiana 46550
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Nappanee, Indiana 46550, we have compiled a list of top refinance brokers to assist you in the process.
Katina Stephenson
Loan Officer
202 W Market St
Nappanee, IN 46550
(888) 522-2265
Katina.Stephenson@lakecitybank.com
Brenda Peterson
Loan Officer
State Road 13 North (644 Main Street)
North Webster, IN 46550
(888) 522-2265
Brenda.Peterson@lakecitybank.com
Eric Peat
Loan Officer
100 N Michigan St Ste 200
South Bend, IN 46550
(260) 432-3918
Peate@1stsource.com
Kathleen Catalino
Loan Officer
101 N Michigan St
South Bend, IN 46550
(888) 522-2265
Kathleen.Catalino@lakecitybank.com
Stephanie Leniski
Loan Officer
101 N Michigan St
South Bend, IN 46550
(888) 522-2265
Stephanie.Leniski@lakecitybank.com
Address
202 W Market St
Nappanee, IN
Contact
(888) 522-2265
Fax (301) 639-0804
Katina.Stephenson@lakecitybank.com
Address
State Road 13 North (644 Main Street)
North Webster, IN
Contact
(888) 522-2265
Fax (301) 639-0804
Brenda.Peterson@lakecitybank.com
Address
100 N Michigan St Ste 200
South Bend, IN
Contact
(260) 432-3918
Fax (301) 639-0804
Peate@1stsource.com