Compare Today’s Refinance Rates for Westbrook, Maine

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Westbrook, Maine 04098. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Westbrook and other areas of Cumberland county, expected lifetime cash savings are $53,096 or $147 / month.

For Westbrook, Maine 04098, 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

43.676944 -70.371667

Summary of Average Refinance Terms in Westbrook, Maine 04098

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Westbrook, ME

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Westbrook, ME 04098, 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 Westbrook, ME

Refinance Rates for Westbrook, Maine 04098 from 2014 - 2021

Below are historical data on refinancing in Westbrook, 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 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 Westbrook, Maine 04098

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Westbrook, Maine 04098, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Julie Villemaire

VP/Branch Manager

2 Hannaford Dr

Westbrook, ME 04098

(207) 602-7401

Julie7401@sbsavings.com

Dennis Dalton

Loan Officer

2 Hannaford Dr

Westbrook, ME 04098

(207) 602-7405

Dennis7405@sbsavings.com

Jack Lufkin

Loan Officer

172 Commercial St

Portland, ME 04098

(207) 222-1469

jlufkin@gorhamsavingsbank.com

Brian Desjardins

Lender

120 Exchange St

Portland, ME 04098

8794307

bdesjardins@norwaysavingsbank.com

Rick Flagg

Lender

120 Exchange St

Portland, ME 04098

8794307

rflagg@norwaysavingsbank.com

Address

2 Hannaford Dr

Westbrook, ME

Contact

(207) 602-7401

Fax (301) 639-0804

Julie7401@sbsavings.com

Address

2 Hannaford Dr

Westbrook, ME

Contact

(207) 602-7405

Fax (301) 639-0804

Dennis7405@sbsavings.com

Address

172 Commercial St

Portland, ME

Contact

(207) 222-1469

Fax (301) 639-0804

jlufkin@gorhamsavingsbank.com

Refinancing News for Westbrook, Maine 04098