Compare Today’s Refinance Rates for Banco, Virginia 22711
Pureloan's search engine analyzes refinance lenders to provide you with the best real-time home refinance rates in Banco, Virginia 22711.
Our search engine evaluates all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing in Banco, Virginia 22711. For 30-year amortization refinancing, you can expect lifetime cash savings of $15,338 or $43 per month in Banco and other parts of Madison county.
Summary of Average Refinances in Banco, Virginia 22711
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Interactive Refinance Rate Projections for Banco, Virginia 22711
Pureloan has developed an interactive chart to monitor the five largest local lenders in Banco, VA 22711, 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 Banco, Virginia 22711 from 2024 - 2016
The following historical data provides insights into refinancing trends in Banco, Virginia and the surrounding Madison 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 | 90.91% | 59.04% | 66.42% | 65.46% | 68.62% | 66.13% | 62.03% | 70.79% | 63.32% |
avg refi rate | 5.93% | 3.51% | 2.96% | 3.27% | 4.14% | 4.58% | 4.06% | 3.86% | 4.10% |
% 15 year fixed refinance | 9.09% | 21.77% | 21.00% | 19.39% | 20.50% | 24.19% | 29.54% | 20.63% | 25.10% |
avg refi rate | 5.38% | 2.68% | 2.46% | 2.82% | 3.61% | 3.91% | 3.34% | 3.11% | 3.31% |
Avg credit score | 737.00 | 740.04 | 764.03 | 758.06 | 748.68 | 748.18 | 756.64 | 761.36 | 759.60 |
Avg LTV (loan to value) | 59.09% | 60.84% | 67.92% | 72.07% | 73.66% | 71.20% | 72.39% | 73.41% | 72.19% |
Avg DTI (debt to income) | 37.00 | 32.40 | 31.34 | 31.17 | 32.94 | 33.52 | 31.89 | 31.16 | 30.56 |
Avg refinance insurance % | 1.20% | 2.73% | 4.88% | 6.10% | 4.78% | 5.24% | 5.72% | 4.68% |
Best Refinance Brokers around Banco, Virginia 22711
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Banco, Virginia 22711, we have compiled a list of top refinance brokers to assist you in the process.
Blane Stewart
Branch Manager
19373 Carpenters Branch Road
Brandy Station, VA 22711
(540) 829-0030
blanes@nfmlending.com
Blane Stewart
Loan officer
114 N West St
Culpeper, VA 22711
(540) 717-6237
bstewart@slshomeloans.com
Meredith Dunahoo
Loan officer
114 N West St
Culpeper, VA 22711
(540) 829-0030
mdunahoo@slshomeloans.com
Kathleen Hoffmaster
Mortgage Loan Officer
703 James Madison Hwy
Culpeper, VA 22711
(828) 437-4981
KHoffmaster@bbandt.com
Address
19373 Carpenters Branch Road
Brandy Station, VA
Contact
(540) 829-0030
Fax (301) 639-0804
blanes@nfmlending.com
Address
114 N West St
Culpeper, VA
Contact
(540) 717-6237
Fax (301) 639-0804
bstewart@slshomeloans.com
Address
114 N West St
Culpeper, VA
Contact
(540) 829-0030
Fax (301) 639-0804
mdunahoo@slshomeloans.com