Albion, Illinois Mortgage Rates

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Albion Home Purchase Rates

30-YR. Conventional

Rate 5.25%  APR 5.281%

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30-YR. FHA Loan

Rate 4.75% APR 5.483%

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30-YR. VA Loan

Rate 4.875% APR 5.025%

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Albion Refinance Rates

30-YR. Conventional

Rate 5.25% APR 5.292%

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30-YR. FHA Loan

Rate 4.75% APR 5.483%

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30-YR. VA Loan

Rate 4.875% APR 5.104%

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15 Year Rates in Albion are even LOWER!

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Rates based on a Loan Amount of $315,000, Loan to Value (LTV) 70%, Credit FICO Score 770 Rates, terms, and fees as 4/22/2022 11:00 AM Central Standard Time and subject to change without notice. Rates are posted daily at 11am Monday – Friday.  Rates are not posted on the weekend. Call the Smart Mortgage rate lock line now (888) 999-1350.

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    Albion is an alternative name for Great Britain. It is sometimes used poetically and generally to refer to the island, but is less common than ‘Britain’ today. The name for Scotland in most of the Celtic languages is related to Albion: Alba in Scottish Gaelic, Albain (genitive Alban) in Irish, Nalbin in Manx and Alban in Welsh and Cornish. These names were later Latinised as Albania and Anglicised as Albany, which were once alternative names for Scotland.

    New Albion and Albionoria (“Albion of the North”) were briefly suggested as names of Canada during the period of the Canadian Confederation.[1][2] Arthur Phillip, first leader of the colonisation of Australia, originally named Sydney Cove “New Albion”, but later the colony acquired the name “Sydney”.[3][4][5] Sir Francis Drake gave the name New Albion to what is now California when he landed there in 1579.