Compare Today’s Refinance Rates for Berlin, New Jersey 08009
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Berlin, New Jersey 08009.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $17,876 over the lifetime of your mortgage, which translates to a monthly savings of $50 in Berlin and other areas of Camden 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 Berlin, New Jersey 08009
Become a certified mortgage expert on Pureloan.com
in Berlin, New Jersey 08009
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Berlin, New Jersey 08009
Pureloan has developed an interactive chart to monitor the five largest local lenders in Berlin, NJ 08009, 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 Berlin, New Jersey 08009 from 2024 - 2016
The following historical data provides insights into refinancing trends in Berlin, New Jersey and the surrounding Camden 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 | 85.71% | 71.42% | 74.26% | 74.39% | 80.52% | 72.23% | 67.77% | 72.24% | 67.84% |
| avg refi rate | 6.23% | 3.46% | 2.90% | 3.24% | 4.03% | 4.47% | 4.05% | 3.88% | 4.11% |
| % 15 year fixed refinance | 14.29% | 16.05% | 13.75% | 13.77% | 10.22% | 19.35% | 22.80% | 17.31% | 20.91% |
| avg refi rate | 5.96% | 2.65% | 2.35% | 2.74% | 3.53% | 3.87% | 3.34% | 3.16% | 3.30% |
| Avg credit score | 757.67 | 756.37 | 763.38 | 766.85 | 757.34 | 743.12 | 746.89 | 751.21 | 754.03 |
| Avg LTV (loan to value) | 62.67% | 58.64% | 63.30% | 66.53% | 71.06% | 64.52% | 63.83% | 66.78% | 70.49% |
| Avg DTI (debt to income) | 38.24 | 34.97 | 32.63 | 32.38 | 34.30 | 35.39 | 35.00 | 33.63 | 33.14 |
| Avg refinance insurance % | 2.90% | 1.12% | 2.15% | 3.25% | 5.15% | 1.85% | 1.85% | 1.91% | 2.79% |
Best Refinance Brokers around Berlin, New Jersey 08009
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Berlin, New Jersey 08009, we have compiled a list of top refinance brokers to assist you in the process.
Michael Huddleston
Loan Originator
3207 E. Stan Schlueter Loop
Berlin, NJ 08009
(254) 519-0730
michael.huddleston@gatewayloan.com
Erik Ahlstrand
Mortgage Loan Originator and
2821 South Parker Road 455
Aurora, CO 08009
(303) 785-2800
erik@allianceguaranty.com
Jessica Bassan
Loan Officer
2821 South Parker Road 455
Aurora, CO 08009
(303) 785-2800
jessica@allianceguaranty.com
Myrna Mendoza
Mortgage Loan Consultant
2821 South Parker Road 455
Aurora, CO 08009
(303) 785-2800
myrna@allianceguaranty.com
Kirsten Peaslee
Reverse Mortgage Specialist
2821 South Parker Road 455
Aurora, CO 08009
(303) 785-2800
kirsten@allianceguaranty.com
Address
3207 E. Stan Schlueter Loop
Berlin, NJ
Contact
(254) 519-0730
Fax (301) 639-0804
michael.huddleston@gatewayloan.com
Address
2821 South Parker Road 455
Aurora, CO
Contact
(303) 785-2800
Fax (301) 639-0804
erik@allianceguaranty.com
Address
2821 South Parker Road 455
Aurora, CO
Contact
(303) 785-2800
Fax (301) 639-0804
jessica@allianceguaranty.com