Compare Today’s Refinance Rates for Cherry Hill, New Jersey 08002
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Cherry Hill, New Jersey 08002.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Cherry Hill, New Jersey 08002. For 30-year amortization refinancing, you can expect lifetime cash savings of $28,213 or $78 per month in Cherry Hill and other parts of Camden county.
Summary of Average Refinances in Cherry Hill, New Jersey 08002
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Interactive Refinance Rate Projections for Cherry Hill, New Jersey 08002
Pureloan has developed an interactive chart to monitor the five largest local lenders in Cherry Hill, NJ 08002, 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 Cherry Hill, New Jersey 08002 from 2024 - 2016
The following historical data provides insights into refinancing trends in Cherry Hill, 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 Cherry Hill, New Jersey 08002
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Cherry Hill, New Jersey 08002, we have compiled a list of top refinance brokers to assist you in the process.
John Quattrocchi
Mortgage Consultant
1415 Route 70 East, Suite 106
Cherry Hill, NJ 08002
(215) 630-9567
john.quattrocchi@phmloans.com
Samuel Hamilton
Loan Officer
401 Route 70 East, Suite 208
Cherry Hill, NJ 08002
(856) 322-0233
shamilton@7thlvl.com
Rodney Lee
Loan Officer
401 Route 70 East, Suite 208
Cherry Hill, NJ 08002
(856) 322-0233
rlee@7thlvl.com
Nicolas Sandoval
Sr. Loan Officer
401 Route 70 East, Suite 208
Cherry Hill, NJ 08002
(856) 322-0233
nsandoval@7thlvl.com
Joseph O Hanlon
Sr. Loan Officer
401 Route 70 East, Suite 208
Cherry Hill, NJ 08002
(856) 322-0233
johanlon@7thlvl.com
Address
1415 Route 70 East, Suite 106
Cherry Hill, NJ
Contact
(215) 630-9567
Fax (301) 639-0804
john.quattrocchi@phmloans.com
Address
401 Route 70 East, Suite 208
Cherry Hill, NJ
Contact
(856) 322-0233
Fax (301) 639-0804
shamilton@7thlvl.com
Address
401 Route 70 East, Suite 208
Cherry Hill, NJ
Contact
(856) 322-0233
Fax (301) 639-0804
rlee@7thlvl.com