Compare Today’s Refinance Rates for South Portland, Maine

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for South Portland, Maine 04116. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in South Portland and other areas of Cumberland county, expected lifetime cash savings are $16,566 or $46 / month.

For South Portland, Maine 04116, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

43.6367 -70.2508

Summary of Average Refinance Terms in South Portland, Maine 04116

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for South Portland, ME

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in South Portland, ME 04116, 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 South Portland, ME

Refinance Rates for South Portland, Maine 04116 from 2014 - 2021

Below are historical data on refinancing in South Portland, Maine and around Cumberland 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 46.24% 37.19% 38.89% 43.16% 39.69% 43.05% 35.26% 34.95%
avg refi rate 4.79% 4.44% 3.88% 3.64% 4.43% 4.06% 3.89% 4.03%
% 15 year fixed refinance 34.99% 40.02% 35.98% 36.63% 38.16% 35.85% 41.93% 42.53%
avg refi rate 4.21% 3.74% 3.16% 2.87% 3.43% 3.11% 2.96% 3.07%
Avg credit score 772.73 771.58 772.07 767.00 758.40 760.42 762.21 760.63
Avg LTV (loan to value) 64.83% 64.77% 66.41% 67.92% 70.39% 71.03% 68.62% 67.44%
Avg DTI (debt to income) 26.23 26.38 25.99 27.14 28.76 30.16 29.54 30.11
Avg refinance insurance % 1.23% 1.82% 2.29% 3.41% 4.59% 5.17% 3.75% 2.98%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around South Portland, Maine 04116

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in South Portland, Maine 04116, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Tracy DeMatteis

Senior Loan Officer

24 Christopher Toppi Drive

South Portland, ME 04116

0

Tracy.DeMatteis@rmsmortgage.com

Benjamin OBrion

Loan Officer

435 Cottage Road Suite B

South Portland, ME 04116

(207) 423-2494

benjamin.obrion@prospectmtg.com

Kimberly Sawyer

Mortgage Banker

24 Christopher Toppi Drive

South Portland, ME 04116

(207) 523-8413

Kimberly.Sawyer@RMSmortgage.com

Kevin Young

Senior Loan Officer

24 Christopher Toppi Drive

South Portland, ME 04116

(207) 523-4382

Kevin.Young@RMSmortgage.com

Jack Heinzman

Mortgage Banker

24 Christopher Toppi Drive

South Portland, ME 04116

(207) 523-4362

Jack.Heinzman@RMSmortgage.com

Address

24 Christopher Toppi Drive

South Portland, ME

Contact

0

Fax (301) 639-0804

Tracy.DeMatteis@rmsmortgage.com

Address

435 Cottage Road Suite B

South Portland, ME

Contact

(207) 423-2494

Fax (301) 639-0804

benjamin.obrion@prospectmtg.com

Address

24 Christopher Toppi Drive

South Portland, ME

Contact

(207) 523-8413

Fax (301) 639-0804

Kimberly.Sawyer@RMSmortgage.com

Refinancing News for South Portland, Maine 04116