Compare Today’s Refinance Rates for Burlington, North Carolina

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Burlington, North Carolina 27220. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Burlington and surrounding areas of Alamance county, your expected lifetime cash savings are $6,289 or $17 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Burlington, North Carolina 27220.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Burlington, North Carolina 27220

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Burlington, NC

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Burlington, NC 27220, 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 Burlington, NC

Refinance Rates for Burlington, North Carolina 27220 from 2013 - 2020

Below are historical data on refinancing in Burlington, North Carolina and around Alamance county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed refinance 54.40% 48.32% 46.47% 51.58% 59.80% 59.31% 58.12% 51.30%
avg refi rate 4.76% 4.48% 3.89% 3.73% 4.50% 4.09% 3.89% 3.94%
% 15 year fixed refinance 28.23% 29.68% 32.74% 31.15% 27.45% 21.86% 22.82% 33.07%
avg refi rate 4.19% 3.76% 3.19% 2.94% 3.55% 3.23% 3.10% 3.14%
Avg credit score 765.73 764.15 768.23 763.04 748.51 754.02 751.65 748.17
Avg LTV (loan to value) 65.04% 65.14% 66.97% 68.22% 74.08% 73.46% 73.47% 71.50%
Avg DTI (debt to income) 30.62 30.89 30.56 30.42 32.41 32.55 32.15 33.21
Avg refinance insurance % 1.38% 1.52% 2.25% 3.39% 6.38% 6.58% 5.30% 4.52%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Burlington, North Carolina 27220

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Burlington, North Carolina 27220, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Michelle Roten

Mortgage Loan Originators

411-B Alamance Road

Burlington, NC 27220

336

mroten@localfirstbank.com

Julie Miller

Mortgage Loan Originators

411-B Alamance Road

Burlington, NC 27220

(336) 532-7500

jmiller@localfirstbank.com

Teresa Mansell

Mortgage Loan Originators

411-B Alamance Road

Burlington, NC 27220

336

tmansell@localfirstbank.com

Ashley Eubanks

Mortgage Loan Originators

411-B Alamance Road

Burlington, NC 27220

(336) 532-7500

aeubanks@localfirstbank.com

Lisa Church

Mortgage Loan Originators

411-B Alamance Road

Burlington, NC 27220

(336) 532-7500

lchurch@localfirstbank.com

Address

411-B Alamance Road

Burlington, NC

Contact

336

Fax (301) 639-0804

mroten@localfirstbank.com

Address

411-B Alamance Road

Burlington, NC

Contact

(336) 532-7500

Fax (301) 639-0804

jmiller@localfirstbank.com

Address

411-B Alamance Road

Burlington, NC

Contact

336

Fax (301) 639-0804

tmansell@localfirstbank.com

Refinancing News for Burlington, North Carolina 27220