Compare Today’s Refinance Rates for Vesta, Minnesota 56292
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Vesta, Minnesota 56292.
With a 30-year amortization refinance in Vesta and surrounding areas of Redwood county, our calculations show that you can expect to save up to $5,243 over the lifetime of your mortgage, or a monthly savings of $15. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Vesta, Minnesota 56292.
Summary of Average Refinances in Vesta, Minnesota 56292
Become a certified mortgage expert on Pureloan.com
in Vesta, Minnesota 56292
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Vesta, Minnesota 56292
Pureloan has developed an interactive chart to monitor the five largest local lenders in Vesta, MN 56292, 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 Vesta, Minnesota 56292 from 2024 - 2016
The following historical data provides insights into refinancing trends in Vesta, Minnesota and the surrounding Redwood 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 | 64.29% | 56.17% | 48.70% | 48.31% | 62.87% | 63.89% | 46.74% | 49.03% | 50.00% |
| avg refi rate | 6.17% | 3.67% | 2.95% | 3.27% | 4.14% | 4.48% | 4.10% | 3.86% | 4.01% |
| % 15 year fixed refinance | 28.57% | 27.66% | 31.57% | 32.07% | 22.36% | 25.93% | 39.67% | 34.74% | 33.98% |
| avg refi rate | 5.72% | 2.83% | 2.40% | 2.75% | 3.62% | 3.88% | 3.28% | 3.06% | 3.28% |
| Avg credit score | 742.64 | 735.36 | 757.23 | 761.30 | 751.57 | 746.20 | 752.53 | 757.89 | 766.13 |
| Avg LTV (loan to value) | 59.57% | 65.60% | 68.08% | 71.32% | 72.98% | 69.31% | 72.86% | 72.22% | 74.48% |
| Avg DTI (debt to income) | 35.36 | 34.01 | 31.79 | 31.34 | 33.35 | 32.86 | 31.60 | 30.87 | 30.62 |
| Avg refinance insurance % | 3.07% | 2.72% | 3.08% | 4.65% | 5.94% | 3.98% | 5.23% | 4.75% | 5.26% |
Best Refinance Brokers around Vesta, Minnesota 56292
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Vesta, Minnesota 56292, we have compiled a list of top refinance brokers to assist you in the process.
Vicki Berberich
Loan Officer
720 Broadway St
Alexandria, MN 56292
(320) 762-4721
vlberberich@bremer.com
Michael Cox
Senior Vice President
1926 W Division St
Saint Cloud, MN 56292
(320) 258-3426
mcox@GSF-mortgage.com
Jennifer Butcher
Loan Officer
1926 W Division St
Saint Cloud, MN 56292
(320) 258-3426
jbutcher@gsf-mortgage.com
Brian Fiskum
Loan Officer
1926 W Division St
Saint Cloud, MN 56292
(320) 258-3426
BFiskum@GSF-mortgage.com
Pam Gustafson
Loan Officer
1926 W Division St
Saint Cloud, MN 56292
(320) 258-3426
pgustafson@gsf-mortgage.com
Address
720 Broadway St
Alexandria, MN
Contact
(320) 762-4721
Fax (301) 639-0804
vlberberich@bremer.com
Address
1926 W Division St
Saint Cloud, MN
Contact
(320) 258-3426
Fax (301) 639-0804
mcox@GSF-mortgage.com
Address
1926 W Division St
Saint Cloud, MN
Contact
(320) 258-3426
Fax (301) 639-0804
jbutcher@gsf-mortgage.com