Compare Today’s Refinance Rates for Lyons, Michigan 48851
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Lyons, Michigan 48851.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $7,515 over the lifetime of your mortgage, which translates to a monthly savings of $21 in Lyons and other areas of Ionia 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 Lyons, Michigan 48851
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Interactive Refinance Rate Projections for Lyons, Michigan 48851
Pureloan has developed an interactive chart to monitor the five largest local lenders in Lyons, MI 48851, 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 Lyons, Michigan 48851 from 2024 - 2016
The following historical data provides insights into refinancing trends in Lyons, Michigan and the surrounding Ionia 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 | 83.33% | 50.82% | 53.89% | 52.17% | 64.54% | 51.19% | 48.39% | 48.81% | 45.53% |
avg refi rate | 6.41% | 3.58% | 3.05% | 3.31% | 4.20% | 4.57% | 4.18% | 3.94% | 4.10% |
% 15 year fixed refinance | 12.50% | 30.43% | 28.77% | 29.71% | 21.68% | 34.83% | 38.06% | 35.63% | 37.29% |
avg refi rate | 5.75% | 2.78% | 2.50% | 2.77% | 3.68% | 3.92% | 3.40% | 3.16% | 3.24% |
Avg credit score | 731.46 | 740.42 | 755.31 | 761.75 | 750.31 | 741.58 | 748.17 | 753.26 | 758.42 |
Avg LTV (loan to value) | 59.33% | 61.93% | 66.45% | 70.01% | 73.22% | 70.37% | 72.10% | 74.19% | 74.03% |
Avg DTI (debt to income) | 38.71 | 32.11 | 31.26 | 31.08 | 32.44 | 32.23 | 32.53 | 31.21 | 30.84 |
Avg refinance insurance % | 5.83% | 1.21% | 2.35% | 3.75% | 5.95% | 4.04% | 4.51% | 5.41% | 5.50% |
Best Refinance Brokers around Lyons, Michigan 48851
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Lyons, Michigan 48851, we have compiled a list of top refinance brokers to assist you in the process.
David Burley
Loan Officer
524 East Mosher St.
Mount Pleasant, MI 48851
(801) 233-3700
david.burley@academymortgage.com
Christina White
Loan Officer
524 East Mosher St. Suite 300
Mount Pleasant, MI 48851
(989) 775-8700
christina.white@academymortgage.com
Benjamin Macaluso
Loan officer
368 S Park St
Mason, MI 48851
(517) 853-5130
bmacaluso@dartbank.com
Bryan Clark
Mortgage Loan Officer
368 S. Park Street P.O. Box 40
Mason, MI 48851
(517) 853-5136
bclark@dartbank.com
Gerald Sambaer
Mortgage Loan Officer
368 S. Park Street P.O. Box 40
Mason, MI 48851
(517) 853-5111
gsambaer@dartbank.com
Address
524 East Mosher St.
Mount Pleasant, MI
Contact
(801) 233-3700
Fax (301) 639-0804
david.burley@academymortgage.com
Address
524 East Mosher St. Suite 300
Mount Pleasant, MI
Contact
(989) 775-8700
Fax (301) 639-0804
christina.white@academymortgage.com
Address
368 S Park St
Mason, MI
Contact
(517) 853-5130
Fax (301) 639-0804
bmacaluso@dartbank.com