Compare Today’s Refinance Rates for Penns Grove, New Jersey

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Penns Grove, New Jersey 08069. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Penns Grove and surrounding areas of Salem county, your expected lifetime cash savings are $1,762 or $5 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Penns Grove, New Jersey 08069.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in Penns Grove, New Jersey 08069

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Penns Grove, NJ

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Penns Grove, NJ 08069, 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 Penns Grove, NJ

Refinance Rates for Penns Grove, New Jersey 08069 from 2013 - 2020

Below are historical data on refinancing in Penns Grove, New Jersey and around Salem 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 57.35% 48.52% 48.83% 55.15% 62.54% 61.90% 65.42% 59.78%
avg refi rate 4.87% 4.51% 3.92% 3.77% 4.53% 4.12% 3.88% 3.95%
% 15 year fixed refinance 29.72% 35.54% 36.44% 34.41% 28.37% 25.44% 22.65% 29.31%
avg refi rate 4.25% 3.82% 3.28% 3.01% 3.57% 3.31% 3.14% 3.22%
Avg credit score 767.64 770.96 771.54 766.95 752.22 754.18 753.31 749.82
Avg LTV (loan to value) 65.29% 66.13% 67.43% 68.71% 72.46% 71.33% 68.61% 65.88%
Avg DTI (debt to income) 31.35 30.83 30.55 30.63 33.59 33.41 33.73 34.73
Avg refinance insurance % 1.48% 1.82% 2.26% 3.36% 4.44% 3.70% 2.93% 2.57%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Penns Grove, New Jersey 08069

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Penns Grove, New Jersey 08069, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Tom Sealock

Director of Capital Markets

185 W Main St

Penns Grove, NJ 08069

(888) 233-0092

TSealock@nfmlending.com

Fred Sujat

Chief Compliance Officer

185 W Main St

Penns Grove, NJ 08069

(888) 233-0092

FSujat@nfmlending.com

Gregory Sher

Vice President

185 W Main St

Penns Grove, NJ 08069

(888) 233-0092

gsher@nfmlending.com

LaTasha Rowe

General Counsel

185 W Main St

Penns Grove, NJ 08069

(888) 233-0092

lrowe@nfmlending.com

Jason Ponsonby

Director of Sales

185 W Main St

Penns Grove, NJ 08069

(888) 233-0092

jponsonby@nfmlending.com

Address

185 W Main St

Penns Grove, NJ

Contact

(888) 233-0092

Fax (301) 639-0804

TSealock@nfmlending.com

Address

185 W Main St

Penns Grove, NJ

Contact

(888) 233-0092

Fax (301) 639-0804

FSujat@nfmlending.com

Address

185 W Main St

Penns Grove, NJ

Contact

(888) 233-0092

Fax (301) 639-0804

gsher@nfmlending.com

Refinancing News for Penns Grove, New Jersey 08069