Compare Today’s Refinance Rates for South Orange, New Jersey

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for South Orange, New Jersey 07079. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in South Orange and surrounding areas of Essex county, your expected lifetime cash savings are $12,084 or $34 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for South Orange, New Jersey 07079.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Refinance Terms in South Orange, New Jersey 07079

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for South Orange, NJ

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in South Orange, NJ 07079, 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 South Orange, NJ

Refinance Rates for South Orange, New Jersey 07079 from 2013 - 2020

Below are historical data on refinancing in South Orange, New Jersey and around Essex 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 58.21% 57.32% 46.80% 52.61% 68.20% 58.08% 57.74% 59.88%
avg refi rate 4.82% 4.57% 3.91% 3.76% 4.48% 4.08% 3.95% 4.10%
% 15 year fixed refinance 29.01% 30.27% 37.19% 37.15% 19.82% 26.46% 30.13% 29.01%
avg refi rate 4.19% 3.77% 3.25% 3.03% 3.73% 3.28% 3.15% 3.26%
Avg credit score 749.90 742.88 753.81 750.86 743.34 746.59 738.95 742.22
Avg LTV (loan to value) 68.99% 70.87% 70.08% 71.91% 74.77% 75.81% 74.12% 75.10%
Avg DTI (debt to income) 30.48 30.12 28.93 29.68 31.69 31.56 32.03 33.20
Avg refinance insurance % 2.94% 3.76% 3.52% 5.12% 6.27% 7.23% 6.89% 6.60%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around South Orange, New Jersey 07079

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in South Orange, New Jersey 07079, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Ed Robinson

Loan Officer Assistant

203 Irvington Avenue Suite 200

South Orange, NJ 07079

(973) 630-7838

edrobinson@eaglehm.com

Wayne Smith

Residential Loan Officer

200 Valley Street

South Orange, NJ 07079

(201) 823-0700

wsmith@bankwithbcb.com

Ralph Lagriola

Residential Loan Officer

200 Valley Street

South Orange, NJ 07079

(201) 823-0700

rlagriola@bankwithbcb.com

N. Parikh

Loan Officer

906 Oak Tree Ave Ste Q

South Plainfield, NJ 07079

(908) 769-5151

nparikh@kwikmtg.com

Peter Simko

Senior Mortgage Consultant

906 Oak Tree Ave Ste R

South Plainfield, NJ 07079

(908) 315-5254

psimko@kwikmtg.com

Address

203 Irvington Avenue Suite 200

South Orange, NJ

Contact

(973) 630-7838

Fax (301) 639-0804

edrobinson@eaglehm.com

Address

200 Valley Street

South Orange, NJ

Contact

(201) 823-0700

Fax (301) 639-0804

wsmith@bankwithbcb.com

Address

200 Valley Street

South Orange, NJ

Contact

(201) 823-0700

Fax (301) 639-0804

rlagriola@bankwithbcb.com

Refinancing News for South Orange, New Jersey 07079