Compare Today’s Refinance Rates for Paterson, New Jersey

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Paterson, New Jersey 07524. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Paterson and other areas of Passaic county, expected lifetime cash savings are $12,810 or $36 / month.

For Paterson, New Jersey 07524, Pureloan’s search engine analyzes all refi loan options including positive equity refinancing, short home refinancing, and HELOC.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Paterson, New Jersey 07524

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Paterson, NJ

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Paterson, NJ 07524, 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 Paterson, NJ

Refinance Rates for Paterson, New Jersey 07524 from 2013 - 2020

Below are historical data on refinancing in Paterson, 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 44.38% 35.78% 33.56% 37.58% 44.92% 43.52% 48.98% 43.59%
avg refi rate 4.89% 4.61% 3.91% 3.78% 4.53% 4.11% 3.87% 4.00%
% 15 year fixed refinance 44.99% 48.58% 52.76% 51.14% 44.32% 42.74% 38.45% 45.34%
avg refi rate 4.28% 3.81% 3.29% 3.05% 3.62% 3.33% 3.11% 3.20%
Avg credit score 759.28 759.24 764.15 759.35 741.53 745.94 747.96 742.85
Avg LTV (loan to value) 70.65% 71.22% 71.31% 70.82% 71.43% 69.94% 67.75% 64.82%
Avg DTI (debt to income) 30.88 30.57 29.83 29.98 33.09 32.76 33.21 34.41
Avg refinance insurance % 1.64% 2.59% 3.00% 3.12% 2.51% 2.16% 1.91% 1.40%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Paterson, New Jersey 07524

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Paterson, New Jersey 07524, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Danielle Mattaei

Processor

886 Belmont Ave Ste D

North Haledon, NJ 07524

(973) 423-4343 Ext 10

dmattaei@belmontservices.com

Chris Naum

Loan Officer

886 Belmont Ave Ste D

North Haledon, NJ 07524

(973) 423-4343

chris_naum@yahoo.com

Dena Poalillo

Vice President

886 Belmont Ave Ste D

North Haledon, NJ 07524

(973) 423-4343 Ext 13

dena@belmontservices.com

Leiha Riga

Processor

886 Belmont Ave Ste D

North Haledon, NJ 07524

(973) 423-4343 Ext 10

lriga@belmontservices.com

Lou D'Angelo

Mortgage Consultant

409 Minnisink Rd

Totowa, NJ 07524

(973) 435-2800

ldangelo@lcdmtg.com

Address

886 Belmont Ave Ste D

North Haledon, NJ

Contact

(973) 423-4343 Ext 10

Fax (301) 639-0804

dmattaei@belmontservices.com

Address

886 Belmont Ave Ste D

North Haledon, NJ

Contact

(973) 423-4343

Fax (301) 639-0804

chris_naum@yahoo.com

Address

886 Belmont Ave Ste D

North Haledon, NJ

Contact

(973) 423-4343 Ext 13

Fax (301) 639-0804

dena@belmontservices.com

Refinancing News for Paterson, New Jersey 07524