Compare Today’s Refinance Rates for Old Orchard Beach, Maine

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Old Orchard Beach, Maine 04064. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Old Orchard Beach and surrounding areas of York county, your expected lifetime cash savings are $40,602 or $113 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Old Orchard Beach, Maine 04064.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

43.517449 -70.392053

Summary of Average Refinance Terms in Old Orchard Beach, Maine 04064

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Old Orchard Beach, ME

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Old Orchard Beach, ME 04064, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Old Orchard Beach, ME

Refinance Rates for Old Orchard Beach, Maine 04064 from 2014 - 2021

Below are historical data on refinancing in Old Orchard Beach, Maine and around York county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed refinance 50.60% 44.29% 46.18% 50.08% 62.00% 58.21% 56.46% 51.83%
avg refi rate 4.83% 4.56% 3.91% 3.71% 4.50% 4.06% 3.88% 3.99%
% 15 year fixed refinance 32.30% 36.65% 33.82% 35.33% 29.14% 26.64% 30.94% 29.86%
avg refi rate 4.22% 3.76% 3.23% 2.99% 3.55% 3.24% 3.05% 3.10%
Avg credit score 764.82 764.05 768.12 764.47 748.40 757.49 755.75 752.95
Avg LTV (loan to value) 63.09% 64.75% 66.23% 67.31% 71.88% 70.89% 69.86% 69.55%
Avg DTI (debt to income) 30.43 30.27 29.78 30.02 32.52 32.10 31.57 32.58
Avg refinance insurance % 1.22% 1.89% 2.31% 2.96% 5.40% 4.67% 4.05% 3.10%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Old Orchard Beach, Maine 04064

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Old Orchard Beach, Maine 04064, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Carolyn Lamontagne

VP/Branch Manager

2 Portland Ave

Old Orchard Beach, ME 04064

(207) 602-7702

Carolyn7702@sbsavings.com

Dan Hancock

Loan Officer

766 Roosevelt Trl

Windham, ME 04064

(207) 222-1460

dhancock@gorhamsavingsbank.com

Peter Godsoe

Lender

10 Franklin Dr

Windham, ME 04064

8929466

pgodsoe@norwaysavingsbank.com

Vickie McMullen

Loan Officer

3 Drive In Ln

Windham, ME 04064

(207) 310-2101

VMcMullen@Mechanicssavings.com

Jim Skvorak

Senior Mortgage Advisor

840 Roosevelt Trl Ste 2

Windham, ME 04064

(207) 893-2900 Ext.

jskvorak@homesteadme.com

Address

2 Portland Ave

Old Orchard Beach, ME

Contact

(207) 602-7702

Fax (301) 639-0804

Carolyn7702@sbsavings.com

Address

766 Roosevelt Trl

Windham, ME

Contact

(207) 222-1460

Fax (301) 639-0804

dhancock@gorhamsavingsbank.com

Address

10 Franklin Dr

Windham, ME

Contact

8929466

Fax (301) 639-0804

pgodsoe@norwaysavingsbank.com

Refinancing News for Old Orchard Beach, Maine 04064