Compare Today’s Refinance Rates for Cumberland Center, Maine 04021
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Cumberland Center, Maine 04021.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $6,014 over the lifetime of your mortgage, which translates to a monthly savings of $17 in Cumberland Center and other areas of Cumberland 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 Cumberland Center, Maine 04021
Become a certified mortgage expert on Pureloan.com
in Cumberland Center, Maine 04021
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Cumberland Center, Maine 04021
Pureloan has developed an interactive chart to monitor the five largest local lenders in Cumberland Center, ME 04021, 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 Cumberland Center, Maine 04021 from 2024 - 2016
The following historical data provides insights into refinancing trends in Cumberland Center, Maine and the surrounding Cumberland 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 Cumberland Center, Maine 04021
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Cumberland Center, Maine 04021, we have compiled a list of top refinance brokers to assist you in the process.
ERNEST GOFF
Home Mortgage Consultant
144 US Route 1
Scarborough, ME 04021
(207) 828-9003
ERNEST.F.GOFFI@wellsfargo.com
Neal Graffam
Lender
1 Harrison Rd
Bridgton, ME 04021
6475731
ngraffam@norwaysavingsbank.com
Jason Norton
Senior Mortgage Loan Officer
186 Maine St
Brunswick, ME 04021
(207) 729-8711
jnorton@northeastbank.com
Robert Staab
Senior Mortgage Loan Officer
186 Maine St
Brunswick, ME 04021
(207) 373-9303
rstaab@northeastbank.com
Donna Miller
Assistant Vice President/Mortgage Loan Officer
208 1/2 Maine St
Brunswick, ME 04021
(207) 729-1661
dlmiller@androscogginbank.com
Address
144 US Route 1
Scarborough, ME
Contact
(207) 828-9003
Fax (301) 639-0804
ERNEST.F.GOFFI@wellsfargo.com
Address
1 Harrison Rd
Bridgton, ME
Contact
6475731
Fax (301) 639-0804
ngraffam@norwaysavingsbank.com
Address
186 Maine St
Brunswick, ME
Contact
(207) 729-8711
Fax (301) 639-0804
jnorton@northeastbank.com