Compare Today’s Refinance Rates for Elk Park, North Carolina 28622
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Elk Park, North Carolina 28622.
With a 30-year amortization refinance in Elk Park and surrounding areas of Avery county, our calculations show that you can expect to save up to $6,014 over the lifetime of your mortgage, or a monthly savings of $17. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Elk Park, North Carolina 28622.
Summary of Average Refinances in Elk Park, North Carolina 28622
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Interactive Refinance Rate Projections for Elk Park, North Carolina 28622
Pureloan has developed an interactive chart to monitor the five largest local lenders in Elk Park, NC 28622, 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 Elk Park, North Carolina 28622 from 2024 - 2016
The following historical data provides insights into refinancing trends in Elk Park, North Carolina and the surrounding Avery 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 | 88.46% | 57.87% | 56.17% | 53.79% | 58.15% | 55.08% | 52.41% | 54.22% | 53.45% |
avg refi rate | 6.40% | 3.67% | 2.99% | 3.29% | 4.25% | 4.50% | 4.09% | 3.92% | 4.08% |
% 15 year fixed refinance | 7.69% | 25.72% | 28.72% | 30.29% | 28.93% | 30.51% | 34.22% | 31.56% | 32.29% |
avg refi rate | 6.37% | 2.75% | 2.49% | 2.84% | 3.71% | 3.92% | 3.23% | 3.19% | 3.30% |
Avg credit score | 742.31 | 764.36 | 751.68 | 760.74 | 747.14 | 743.83 | 752.84 | 756.82 | 757.08 |
Avg LTV (loan to value) | 69.50% | 59.60% | 64.65% | 67.70% | 67.60% | 67.35% | 69.36% | 70.33% | 70.48% |
Avg DTI (debt to income) | 35.46 | 32.91 | 31.26 | 30.94 | 32.22 | 32.89 | 32.49 | 30.97 | 31.94 |
Avg refinance insurance % | 7.46% | 1.72% | 2.27% | 3.06% | 3.14% | 3.47% | 3.84% | 4.26% | 4.89% |
Best Refinance Brokers around Elk Park, North Carolina 28622
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Elk Park, North Carolina 28622, we have compiled a list of top refinance brokers to assist you in the process.
Lisa Colvard
Loan Officer
127 N Cross Ln
Statesville, NC 28622
(704) 768-1202
lisa.colvard@yadkinmortgage.com
Frankie Pardue
Loan Officer
1318 N Bridge St
Elkin, NC 28622
(336) 526-6379
frankie.pardue@yadkinmortgage.com
Susan Darnell
Loan Officer
1318 N Bridge St
Elkin, NC 28622
(336) 258-3004
susan.darnell@yadkinmortgage.com
Peggy Broach
Mortgage Loan Specialist
1704 Wilkesboro Road
Statesville, NC 28622
(704) 873-1761
pbroach@carolinafc.com
G Hugunine
Loan Officer
340 Nc Highway 16 S
Taylorsville, NC 28622
(828) 632-0650
ghugunine@flahertyfunding.com
Address
127 N Cross Ln
Statesville, NC
Contact
(704) 768-1202
Fax (301) 639-0804
lisa.colvard@yadkinmortgage.com
Address
1318 N Bridge St
Elkin, NC
Contact
(336) 526-6379
Fax (301) 639-0804
frankie.pardue@yadkinmortgage.com
Address
1318 N Bridge St
Elkin, NC
Contact
(336) 258-3004
Fax (301) 639-0804
susan.darnell@yadkinmortgage.com