Compare Today’s Refinance Rates for Passaic, New Jersey

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Passaic, New Jersey 07055. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $12,397 or $34 / month in Passaic and other areas of Passaic county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Passaic, New Jersey 07055.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Passaic, New Jersey 07055

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Passaic, NJ

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Passaic, NJ 07055, 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 Passaic, NJ

Refinance Rates for Passaic, New Jersey 07055 from 2013 - 2020

Below are historical data on refinancing in Passaic, New Jersey and around Passaic 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 50.11% 52.15% 39.78% 45.32% 66.30% 58.49% 62.50% 57.14%
avg refi rate 4.86% 4.59% 3.90% 3.82% 4.46% 4.06% 3.89% 3.96%
% 15 year fixed refinance 34.23% 32.95% 40.06% 41.63% 25.41% 27.22% 27.75% 31.43%
avg refi rate 4.26% 3.87% 3.22% 3.05% 3.60% 3.34% 3.16% 3.29%
Avg credit score 752.36 751.26 756.85 747.57 737.04 749.23 743.22 751.92
Avg LTV (loan to value) 67.58% 68.03% 70.17% 69.69% 75.11% 72.25% 72.02% 72.23%
Avg DTI (debt to income) 30.27 29.61 28.51 29.28 30.88 31.04 30.53 32.26
Avg refinance insurance % 2.73% 3.12% 4.40% 4.13% 8.98% 6.01% 5.93% 6.23%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Passaic, New Jersey 07055

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Passaic, New Jersey 07055, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Carlos Velez

Mortgage Banker

620 Main Ave

Passaic, NJ 07055

(197) 377-9030

carlos.g.velez@chase.com

R Carrera

Mortgage Loan Officer

198 Lexington Ave

Passaic, NJ 07055

(973) 916-0411

rcarrera@atlantichomeloans.com

Arthur Guglielmo

Mortgage Loan Officer

100 Walnut Ave Ste 101

Clark, NJ 07055

(732) 381-2900

arthur.guglielmo@pncmortgage.com

Nancy Wang

Mortgage Loan Officer

100 Walnut Ave Ste 101

Clark, NJ 07055

(732) 381-2900

lianxia.wang@pncmortgage.com

Richard Buontempo

Mortgage Loan Officer

100 Walnut Ave Ste 101

Clark, NJ 07055

(732) 381-2900

richard.buontempo@pncmortgage.com

Address

620 Main Ave

Passaic, NJ

Contact

(197) 377-9030

Fax (301) 639-0804

carlos.g.velez@chase.com

Address

198 Lexington Ave

Passaic, NJ

Contact

(973) 916-0411

Fax (301) 639-0804

rcarrera@atlantichomeloans.com

Address

100 Walnut Ave Ste 101

Clark, NJ

Contact

(732) 381-2900

Fax (301) 639-0804

arthur.guglielmo@pncmortgage.com

Refinancing News for Passaic, New Jersey 07055