Compare Today’s Refinance Rates for Ladysmith, Virginia 22501
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Ladysmith, Virginia 22501.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $13,098 over the lifetime of your mortgage, which translates to a monthly savings of $36 in Ladysmith and other areas of Caroline 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.
37.945059
-77.47135
8906
Summary of Average Refinances in Ladysmith, Virginia 22501
Rate
APR
Expected Savings
Monthly Payment
Total Closing Costs
Become a certified mortgage expert on Pureloan.com
in Ladysmith, Virginia 22501
Reach hundreds of thousands of home buyers and refinance customers every month! FREE APPLICATION
Interactive Refinance Rate Projections for Ladysmith, Virginia 22501
Pureloan has developed an interactive chart to monitor the five largest local lenders in Ladysmith, VA 22501, 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 Ladysmith, Virginia 22501 from 2024 - 2016
The following historical data provides insights into refinancing trends in Ladysmith, Virginia and the surrounding Caroline 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 Ladysmith, Virginia 22501
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Ladysmith, Virginia 22501, we have compiled a list of top refinance brokers to assist you in the process.
Name
Address
Contact
Kim Thagholm
Sr. Loan Officer
4444 Germanna Hwy.Suite 195
Locust Grove, VA 22501
(843) 449-2250
kthagholm@alcovamortgage.com
Steve Waldrop
Loan Officer
645 Rappanhannock Drive
White Stone, VA 22501
(757) 659-0668
swaldrop@alcovamortgage.com
Jessica Cruise
Branch Manager
135 Queen Street � P.O. Box 1163
Tappahannock, VA 22501
(804) 443-3351
jcruise@colonialfarmcredit.com
Address
4444 Germanna Hwy.Suite 195
Locust Grove, VA
Contact
(843) 449-2250
Fax (301) 639-0804
kthagholm@alcovamortgage.com
Address
645 Rappanhannock Drive
White Stone, VA
Contact
(757) 659-0668
Fax (301) 639-0804
swaldrop@alcovamortgage.com
Address
135 Queen Street � P.O. Box 1163
Tappahannock, VA
Contact
(804) 443-3351
Fax (301) 639-0804
jcruise@colonialfarmcredit.com