Glen Carbon, Illinois Mortgage Rates

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Glen Carbon 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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Glen Carbon 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 Glen Carbon 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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    Check out our Glen Carbon, IL Mortgage Reviews

    Glen Carbon is a village in Madison County, Illinois, United States, 14 miles (23 km) northeast of St. Louis. The population was 13,842 at the 2020 census.[2]

    In 1801 Colonel Samuel Judy received a military grant for 100 acres (0.40 km2) of land near the base of the bluffs, just north of Judy Creek, and became one of the first permanent settlers of Madison County. The land was called Goshen Settlement, after the biblical land of Goshen.[3] It was renamed Glen Carbon to reflect its coal mining heritage. Glen Carbon was incorporated as a village in 1892.[4] It operated many coal mines until the last one shut down in 1934. Another industry was the St. Louis brick company, which burned down in the 1930s; then, right after being rebuilt, it burned down and was never rebuilt again.