Compare Today’s Refinance Rates for Corbin, Kentucky 40701
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Corbin, Kentucky 40701.
With a 30-year amortization refinance in Corbin and surrounding areas of Whitley county, our calculations show that you can expect to save up to $3,304 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 Corbin, Kentucky 40701.
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Summary of Average Refinances in Corbin, Kentucky 40701
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
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Interactive Refinance Rate Projections for Corbin, Kentucky 40701
Pureloan has developed an interactive chart to monitor the five largest local lenders in Corbin, KY 40701, 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 Corbin, Kentucky 40701 from 2024 - 2016
The following historical data provides insights into refinancing trends in Corbin, Kentucky and the surrounding Whitley 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 | 76.92% | 61.54% | 55.81% | 52.28% | 61.15% | 57.55% | 61.07% | 46.24% | 54.94% |
avg refi rate | 6.52% | 3.89% | 2.99% | 3.25% | 4.38% | 4.64% | 4.13% | 3.87% | 4.02% |
% 15 year fixed refinance | 23.08% | 21.98% | 26.35% | 30.29% | 19.11% | 28.30% | 28.86% | 41.04% | 33.33% |
avg refi rate | 5.33% | 2.89% | 2.44% | 2.73% | 3.71% | 3.84% | 3.27% | 3.03% | 3.24% |
Avg credit score | 745.46 | 738.38 | 752.63 | 761.16 | 751.61 | 738.42 | 744.82 | 756.14 | 756.02 |
Avg LTV (loan to value) | 49.23% | 62.20% | 66.96% | 68.18% | 71.25% | 68.12% | 69.79% | 68.35% | 71.07% |
Avg DTI (debt to income) | 36.23 | 30.23 | 30.13 | 29.09 | 31.10 | 32.85 | 30.98 | 30.09 | 31.25 |
Avg refinance insurance % | 1.97% | 2.14% | 2.74% | 4.21% | 2.15% | 3.54% | 3.25% | 4.35% |
Best Refinance Brokers around Corbin, Kentucky 40701
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Corbin, Kentucky 40701, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Wendell Lewis
Branch Manager/loan Officer
830 S Main St #1
London, KY 40701
(606) 862-0909
w.lewis@benchmark.us
Address
830 S Main St #1
London, KY
Contact
(606) 862-0909
Fax (301) 639-0804
w.lewis@benchmark.us