Melvin, Illinois Mortgage Rates

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Melvin 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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Melvin 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 Melvin 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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    Melvin is a masculine given name and surname, likely a variant of Melville and a descendant of the French surname de Maleuin and the later Melwin.[1] It may alternatively be spelled as Melvyn or, in Welsh, Melfyn and the name Melivinia or Melva may be used a feminine form. Of Norman French origin, originally Malleville, which translates to “bad town,” it likely made its way into usage in Scotland as a result of the Norman conquest of England.[2][3] It came into use as a given name as early as the 19th century, in English-speaking populations.