Compare Today’s Refinance Rates for Elyria, Ohio

Pureloan’s engine analyzes refinance lenders to give you the best real-time home refi rates for Elyria, Ohio 44036. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing in Elyria and surrounding areas of Lorain county, your expected lifetime cash savings are $11,879 or $33 / month.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Elyria, Ohio 44036.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

41.368333 -82.107778

Summary of Average Refinance Terms in Elyria, Ohio 44036

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Elyria, OH

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Elyria, OH 44036, 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 Elyria, OH

Refinance Rates for Elyria, Ohio 44036 from 2014 - 2021

Below are historical data on refinancing in Elyria, Ohio and around Lorain county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed refinance 42.40% 34.54% 36.49% 42.19% 55.59% 50.92% 50.42% 42.90%
avg refi rate 4.81% 4.52% 3.94% 3.75% 4.58% 4.17% 3.99% 4.05%
% 15 year fixed refinance 37.81% 46.68% 41.10% 39.36% 36.24% 33.64% 35.32% 42.58%
avg refi rate 4.28% 3.83% 3.22% 3.00% 3.62% 3.34% 3.17% 3.20%
Avg credit score 768.27 768.67 770.59 767.98 752.89 755.29 752.19 747.25
Avg LTV (loan to value) 67.73% 68.08% 68.67% 70.10% 75.61% 76.78% 75.18% 75.38%
Avg DTI (debt to income) 30.34 30.17 29.31 29.78 32.38 32.50 32.86 32.37
Avg refinance insurance % 1.83% 2.27% 2.45% 3.33% 6.61% 7.24% 6.07% 5.77%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Elyria, Ohio 44036

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Elyria, Ohio 44036, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Georg Adams

Senior Mortgage Consultant

5061 N Abbe Rd Ste 4

Elyria, OH 44036

(440) 328-4193 Ext.

gadams@unionhomemortgage.com

Corey Heredos

Loan Officer

4700 Oakpoint Road

Lorain, OH 44036

(440) 960-6712

corey_l_heredos@keybank.com

Barbara Zalud

Home Mortgage Consultant

4722 Great Northern Blvd

North Olmsted, OH 44036

(440) 801-3427

aaron.zalud@wellsfargo.com

Christopher Karpinski

Home Mortgage Consultant

4722 Great Northern Blvd

North Olmsted, OH 44036

(440) 801-3427

aaron.karpinski@wellsfargo.com

Dennis Hanna

Home Mortgage Consultant

4722 Great Northern Blvd

North Olmsted, OH 44036

(440) 801-3427

aaron.hanna@wellsfargo.com

Address

5061 N Abbe Rd Ste 4

Elyria, OH

Contact

(440) 328-4193 Ext.

Fax (301) 639-0804

gadams@unionhomemortgage.com

Address

4700 Oakpoint Road

Lorain, OH

Contact

(440) 960-6712

Fax (301) 639-0804

corey_l_heredos@keybank.com

Address

4722 Great Northern Blvd

North Olmsted, OH

Contact

(440) 801-3427

Fax (301) 639-0804

aaron.zalud@wellsfargo.com

Refinancing News for Elyria, Ohio 44036

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