Compare Today’s Refinance Rates for Lorain, Ohio

Pureloan analyzes refinance lenders to give you the best real-time home refi rates for Lorain, Ohio 44052. Search for lower interest rates, cash-out refi, or a home equity loan. For 30-year amortization refinancing in Lorain and other areas of Lorain county, expected lifetime cash savings are $2,786 or $8 / month.

For Lorain, Ohio 44052, 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 Lorain, Ohio 44052

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Lorain, OH

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Lorain, OH 44052, 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 Lorain, OH

Refinance Rates for Lorain, Ohio 44052 from 2014 - 2021

Below are historical data on refinancing in Lorain, 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 Lorain, Ohio 44052

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Lorain, Ohio 44052, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Corey Heredos

Loan Officer

4700 Oakpoint Road

Lorain, OH 44052

(440) 960-6712

corey_l_heredos@keybank.com

Donald Greenleaf

Mortgage Banker

4100 E Lake Rd

Sheffield Lake, OH 44052

(144) 094-9619

donald.b.greenleaf@chase.com

Howard Lurie

Mortgage Consultant

5455 Detroit Rd Ste B

Sheffield Lake, OH 44052

(440) 302-2685

howard.lurie@pncmortgage.com

Matthew Dunbar

Mortgage Loan Originator

8235 Forsysth Boulevard

Clayton, MO 44052

(636) 352-6435

Matthew.Dunbar@53.com

Clint Beeler

Loan Originator

800 W Saint Clair Ave Fl 3RD

Cleveland, OH 44052

(330) 856-7600

clintbeeler@howardhanna.com

Address

4700 Oakpoint Road

Lorain, OH

Contact

(440) 960-6712

Fax (301) 639-0804

corey_l_heredos@keybank.com

Address

4100 E Lake Rd

Sheffield Lake, OH

Contact

(144) 094-9619

Fax (301) 639-0804

donald.b.greenleaf@chase.com

Address

5455 Detroit Rd Ste B

Sheffield Lake, OH

Contact

(440) 302-2685

Fax (301) 639-0804

howard.lurie@pncmortgage.com

Refinancing News for Lorain, Ohio 44052