Compare Today’s Refinance Rates for Coleman Falls, Virginia 24536
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Coleman Falls, Virginia 24536.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,780 over the lifetime of your mortgage, which translates to a monthly savings of $11 in Coleman Falls and other areas of Bedford county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Coleman Falls, Virginia 24536
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Interactive Refinance Rate Projections for Coleman Falls, Virginia 24536
Pureloan has developed an interactive chart to monitor the five largest local lenders in Coleman Falls, VA 24536, 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 Coleman Falls, Virginia 24536 from 2024 - 2016
The following historical data provides insights into refinancing trends in Coleman Falls, Virginia and the surrounding Bedford 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 | 92.59% | 55.21% | 51.53% | 54.12% | 57.94% | 64.29% | 52.00% | 56.67% | 56.34% |
avg refi rate | 6.64% | 3.89% | 2.99% | 3.24% | 4.39% | 4.65% | 4.21% | 3.90% | 4.08% |
% 15 year fixed refinance | 7.41% | 25.35% | 29.32% | 28.27% | 26.64% | 32.14% | 37.00% | 28.52% | 26.49% |
avg refi rate | 6.13% | 2.78% | 2.48% | 2.80% | 3.66% | 3.83% | 3.38% | 3.19% | 3.37% |
Avg credit score | 744.81 | 747.18 | 761.59 | 763.34 | 752.21 | 752.86 | 751.53 | 754.17 | 754.05 |
Avg LTV (loan to value) | 66.33% | 63.97% | 68.19% | 71.22% | 71.36% | 68.61% | 70.17% | 71.40% | 71.63% |
Avg DTI (debt to income) | 36.22 | 33.05 | 30.52 | 30.46 | 31.59 | 31.82 | 32.76 | 30.76 | 30.09 |
Avg refinance insurance % | 5.41% | 1.61% | 2.54% | 4.78% | 5.68% | 4.36% | 4.07% | 4.77% | 4.38% |
Best Refinance Brokers around Coleman Falls, Virginia 24536
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Coleman Falls, Virginia 24536, we have compiled a list of top refinance brokers to assist you in the process.
Paula Haynes
Loan Officer
2276 Franklin Tpke Ste 113
Danville, VA 24536
(434) 836-7777
phaynes@alcovamortgage.com
Mary Barnett
Mortgage Specialist
2276 Franklin Tpke Ste 113
Danville, VA 24536
(434) 836-7777
kbarnett@alcovamortgage.com
Melissa Jones
Mortgage Loan Officer
125 Collins Dr
Danville, VA 24536
(704) 289-7422
MJones@bbandt.com
Rejeana Nelson
Loan Officer
1338 Roanoke Road
Danville, VA 24536
(843) 449-2250
rnelson@alcovamortgage.com
Douglas Jacobs
Loan Officer
101 N Bridge St
Bedford, VA 24536
(540) 586-8292
douglas.b.jacobs@wellsfargo.com
Address
2276 Franklin Tpke Ste 113
Danville, VA
Contact
(434) 836-7777
Fax (301) 639-0804
phaynes@alcovamortgage.com
Address
2276 Franklin Tpke Ste 113
Danville, VA
Contact
(434) 836-7777
Fax (301) 639-0804
kbarnett@alcovamortgage.com
Address
125 Collins Dr
Danville, VA
Contact
(704) 289-7422
Fax (301) 639-0804
MJones@bbandt.com