Compare Today’s Refinance Rates for Mechanicsville, Virginia

Our search engine analyzes refinance lenders to give you the best real-time home refi rates for Mechanicsville, Virginia 23111. Search for cash-out refi, lower interest rates, or a home equity loan. For 30-year amortization refinancing, expect lifetime cash savings are $37,294 or $104 / month in Mechanicsville and other areas of Hanover county.

Pureloan analyzes all refinance loan options including HELOC, short home refinancing, and positive equity refinancing for Mechanicsville, Virginia 23111.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

37.628146 -77.339464

Summary of Average Refinance Terms in Mechanicsville, Virginia 23111

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Customized Refinance Rate Projections for Mechanicsville, VA

Source: Fannie Mae and Freddie Mac


For refinance rate forecasts and predictions in Mechanicsville, VA 23111, Pureloan has created an interactive chart to track the 5 largest local lenders for refi's and cash-out's. Historical rates are based on closed refinancings, and projections are based on proprietary modeling.

Local Refinance Rates for Mechanicsville, VA

Refinance Rates for Mechanicsville, Virginia 23111 from 2014 - 2021

Below are historical data on refinancing in Mechanicsville, Virginia and around Hanover county based on loan type, credit score, LTV and other parameters. This data is produced from actual closed home refinancings.

2014 2015 2016 2017 2018 2019 2020 2021
% 30 year fixed refinance 56.48% 51.82% 53.12% 59.02% 66.40% 64.51% 65.94% 54.25%
avg refi rate 4.83% 4.51% 3.89% 3.70% 4.50% 4.08% 3.87% 3.97%
% 15 year fixed refinance 24.79% 27.07% 28.39% 29.36% 21.46% 20.98% 20.50% 25.51%
avg refi rate 4.21% 3.78% 3.23% 2.96% 3.50% 3.21% 3.06% 3.13%
Avg credit score 765.78 764.40 768.49 762.28 748.56 753.68 753.15 749.03
Avg LTV (loan to value) 63.19% 64.41% 65.88% 68.31% 72.50% 74.44% 72.89% 68.80%
Avg DTI (debt to income) 31.68 31.38 30.44 31.37 34.47 33.61 33.69 34.49
Avg refinance insurance % 1.34% 1.78% 2.26% 3.25% 5.34% 6.42% 5.12% 3.35%

Data produced from the Financial Report of the US Government

Best Refinance Brokers Around Mechanicsville, Virginia 23111

Whether you are looking to refinance your existing mortgage or obtain a cash-out refi in Mechanicsville, Virginia 23111, we have compiled a list of the leading refinance brokers to guide you.

Name
Address
Contact

Tiffany Barber

Loan Officer

9207 Chamberlayne Road

Mechanicsville, VA 23111

(804) 432-3044

tbarber@southerntrust.com

Michael Huff

Loan Officer

9207 Chamberlayne Road

Mechanicsville, VA 23111

(804) 201-4539

michaelh@southerntrust.com

Linda Alford

Loan Officer

9207 Chamberlayne Road

Mechanicsville, VA 23111

(804) 793-9797

lalford@southerntrust.com

Kevin Weatherspoon

Loan Officer

9207 Chamberlayne Road

Mechanicsville, VA 23111

(804) 793-9793

kevin@southerntrust.com

John Eiler

Loan Officer

9207 Chamberlayne Road

Mechanicsville, VA 23111

(804) 793-9796

jeiler@southerntrust.com

Address

9207 Chamberlayne Road

Mechanicsville, VA

Contact

(804) 432-3044

Fax (301) 639-0804

tbarber@southerntrust.com

Address

9207 Chamberlayne Road

Mechanicsville, VA

Contact

(804) 201-4539

Fax (301) 639-0804

michaelh@southerntrust.com

Address

9207 Chamberlayne Road

Mechanicsville, VA

Contact

(804) 793-9797

Fax (301) 639-0804

lalford@southerntrust.com

Refinancing News for Mechanicsville, Virginia 23111