Compare Today’s Refinance Rates for Sumner, Texas 75486
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Sumner, Texas 75486.
With a 30-year amortization refinance in Sumner and surrounding areas of Lamar county, our calculations show that you can expect to save up to $6,212 over the lifetime of your mortgage, or a monthly savings of $17. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Sumner, Texas 75486.
Summary of Average Refinances in Sumner, Texas 75486
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Interactive Refinance Rate Projections for Sumner, Texas 75486
Pureloan has developed an interactive chart to monitor the five largest local lenders in Sumner, TX 75486, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Sumner, Texas 75486 from 2024 - 2016
The following historical data provides insights into refinancing trends in Sumner, Texas and the surrounding Lamar county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed refinance | 87.38% | 52.54% | 53.06% | 55.63% | 60.56% | 56.33% | 45.86% | 48.99% | 44.00% |
avg refi rate | 6.43% | 3.54% | 2.89% | 3.18% | 3.99% | 4.58% | 4.11% | 3.87% | 4.09% |
% 15 year fixed refinance | 8.74% | 30.33% | 32.14% | 31.12% | 26.68% | 30.80% | 42.21% | 38.39% | 42.06% |
avg refi rate | 5.78% | 2.58% | 2.33% | 2.71% | 3.42% | 3.89% | 3.33% | 3.11% | 3.32% |
Avg credit score | 743.96 | 751.30 | 759.20 | 764.42 | 753.78 | 736.95 | 739.95 | 747.91 | 746.41 |
Avg LTV (loan to value) | 55.28% | 57.95% | 65.52% | 69.83% | 71.18% | 63.41% | 64.54% | 67.68% | 69.71% |
Avg DTI (debt to income) | 37.95 | 34.93 | 32.56 | 32.27 | 34.47 | 35.77 | 34.42 | 33.15 | 32.70 |
Avg refinance insurance % | 1.48% | 0.45% | 2.26% | 4.09% | 5.61% | 1.72% | 1.38% | 1.87% | 2.03% |
Best Refinance Brokers around Sumner, Texas 75486
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Sumner, Texas 75486, we have compiled a list of top refinance brokers to assist you in the process.
Craig Nichols
Loan Officer
530 S. Waco Street, Suite 1C
Van Alstyne, TX 75486
(190) 394-4796
craig.nichols@fairwaymc.com
Jasaka Bandfield
Loan Officer
530 S. Waco Street, Suite 1C
Van Alstyne, TX 75486
(197) 254-2010
jbandfield@fairwaymc.com
Fran Williams
Loan Assistant
3620 Richmond Rd
Texarkana, TX 75486
(903) 334-0900
fran.williams@texanabank.com
Connie Sherman
Branch Manager
3620 Richmond Rd
Texarkana, TX 75486
(903) 334-0900
connie.sherman@texanabank.com
Dee Page
Loan Assistant
3620 Richmond Rd
Texarkana, TX 75486
(903) 334-0900
dee.page@texanabank.com
Address
530 S. Waco Street, Suite 1C
Van Alstyne, TX
Contact
(190) 394-4796
Fax (301) 639-0804
craig.nichols@fairwaymc.com
Address
530 S. Waco Street, Suite 1C
Van Alstyne, TX
Contact
(197) 254-2010
Fax (301) 639-0804
jbandfield@fairwaymc.com
Address
3620 Richmond Rd
Texarkana, TX
Contact
(903) 334-0900
Fax (301) 639-0804
fran.williams@texanabank.com