Compare Today’s Refinance Rates for Gibbstown, New Jersey 08027
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Gibbstown, New Jersey 08027.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $17,083 over the lifetime of your mortgage, which translates to a monthly savings of $47 in Gibbstown and other areas of Gloucester 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 Gibbstown, New Jersey 08027
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Interactive Refinance Rate Projections for Gibbstown, New Jersey 08027
Pureloan has developed an interactive chart to monitor the five largest local lenders in Gibbstown, NJ 08027, 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 Gibbstown, New Jersey 08027 from 2024 - 2016
The following historical data provides insights into refinancing trends in Gibbstown, New Jersey and the surrounding Gloucester 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 | 97.30% | 68.57% | 71.96% | 72.86% | 79.76% | 72.29% | 69.01% | 73.91% | 69.34% |
| avg refi rate | 6.04% | 3.45% | 2.87% | 3.19% | 3.99% | 4.46% | 4.00% | 3.84% | 4.06% |
| % 15 year fixed refinance | 17.89% | 15.75% | 15.34% | 11.14% | 20.28% | 20.90% | 17.03% | 18.98% | |
| avg refi rate | 2.60% | 2.35% | 2.71% | 3.44% | 3.72% | 3.26% | 3.11% | 3.28% | |
| Avg credit score | 759.51 | 751.56 | 765.13 | 769.15 | 761.35 | 748.53 | 751.34 | 754.76 | 756.74 |
| Avg LTV (loan to value) | 63.65% | 55.73% | 61.52% | 64.85% | 70.42% | 64.67% | 63.52% | 66.93% | 69.27% |
| Avg DTI (debt to income) | 38.57 | 34.76 | 31.47 | 31.37 | 33.50 | 35.24 | 33.40 | 32.78 | 32.56 |
| Avg refinance insurance % | 2.95% | 0.87% | 1.82% | 2.64% | 4.65% | 2.16% | 1.55% | 1.99% | 2.92% |
Best Refinance Brokers around Gibbstown, New Jersey 08027
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Gibbstown, New Jersey 08027, we have compiled a list of top refinance brokers to assist you in the process.
Michael Drummy
Branch Manager
854 S White Horse Pike
Hammonton, NJ 08027
(609) 704-2595
mike.drummy@guaranteedrate.com
Greg Bentz
VP of Mortgage Lending
854 S White Horse Pike
Hammonton, NJ 08027
(609) 704-2595
greg.bentz@guaranteedrate.com
Megan McDermott
VP of Mortgage Lending
854 S White Horse Pike
Hammonton, NJ 08027
(609) 704-2595
megan.mcdermott@guaranteedrate.com
Fred Burt
Senior Loan Officer
854 S White Horse Pike
Hammonton, NJ 08027
(609) 704-2595
fred.burt@guaranteedrate.com
Rick Amos
Vice President of Mortgage Lending
854 S White Horse Pike
Hammonton, NJ 08027
(609) 704-2595
rick.amos@guaranteedrate.com
Address
854 S White Horse Pike
Hammonton, NJ
Contact
(609) 704-2595
Fax (301) 639-0804
mike.drummy@guaranteedrate.com
Address
854 S White Horse Pike
Hammonton, NJ
Contact
(609) 704-2595
Fax (301) 639-0804
greg.bentz@guaranteedrate.com
Address
854 S White Horse Pike
Hammonton, NJ
Contact
(609) 704-2595
Fax (301) 639-0804
megan.mcdermott@guaranteedrate.com