Compare Today’s Refinance Rates for Gate City, Virginia 24251
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Gate City, Virginia 24251.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $13,359 over the lifetime of your mortgage, which translates to a monthly savings of $37 in Gate City and other areas of Scott 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 Gate City, Virginia 24251
Become a certified mortgage expert on Pureloan.com
in Gate City, Virginia 24251
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Gate City, Virginia 24251
Pureloan has developed an interactive chart to monitor the five largest local lenders in Gate City, VA 24251, 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 Gate City, Virginia 24251 from 2024 - 2016
The following historical data provides insights into refinancing trends in Gate City, Virginia and the surrounding Scott 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 | 50.00% | 100.00% | 33.33% | ||||||
avg refi rate | 2.75% | 4.63% | 4.50% | ||||||
% 15 year fixed refinance | 50.00% | 33.33% | 100.00% | ||||||
avg refi rate | 2.70% | 2.50% | 3.63% | ||||||
Avg credit score | 775.00 | 748.50 | 745.00 | 748.33 | 750.00 | 800.00 | 766.00 | 741.33 | |
Avg LTV (loan to value) | 41.00% | 81.00% | 66.00% | 75.00% | 84.00% | 20.00% | 80.00% | 74.67% | |
Avg DTI (debt to income) | 37.00 | 38.50 | 30.33 | 34.33 | 38.00 | 5.00 | 15.00 | 32.67 | |
Avg refinance insurance % | 12.50% | 1.00% | 6.00% | 10.00% |
Best Refinance Brokers around Gate City, Virginia 24251
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Gate City, Virginia 24251, we have compiled a list of top refinance brokers to assist you in the process.
Michael Tate
Mortgage Loan Originator
265 Jones Street
Gate, VA 24251
(276) 386-4302
mtate@ecu.org
Erick Hash
Mortgage Banker
948 E Stuart Dr
Galax, VA 24251
(276) 236-8208
erickhash@atlanticbay.com
Kevin Weatherman
Loan Officer
1020 E Stuart Dr
Galax, VA 24251
(276) 236-7777
kweatherman@alcovamortgage.com
Deborah Eaton
Mortgage Loan Officer
1105 Bob White Blvd
Pulaski, VA 24251
(540) 267-8052
dbeaton@bbandt.com
Hugh Covington
Mortgage Banker
2851 Carrollton Pike, Suite 1A
Woodlawn, VA 24251
(336) 287-2904
hughcovington@atlanticbay.com
Address
265 Jones Street
Gate, VA
Contact
(276) 386-4302
Fax (301) 639-0804
mtate@ecu.org
Address
948 E Stuart Dr
Galax, VA
Contact
(276) 236-8208
Fax (301) 639-0804
erickhash@atlanticbay.com
Address
1020 E Stuart Dr
Galax, VA
Contact
(276) 236-7777
Fax (301) 639-0804
kweatherman@alcovamortgage.com