Having a second home for weekend or summer escapes is a priority for many Americans. If you’re interested in buying a vacation home, here’s a quick guide to the essential steps: Determine If You are Buying a Second Home or a Rental Property Many people re
Sep 06, 2022 | Purchasing a Home
Here are the weekly rates as of September 2, 2022: 30 Year Fixed Conforming: 5.500% (5.606% APR) 15 Year Fixed Conforming: 4.875% (5.052% APR) 7/6 Jumbo ARM: 5.375% (4.940% APR) 30 Year Fixed Jumbo: 5.250% (5.388% APR) For the rate sheet PDF, click
Sep 03, 2022 | Interest Rates Fixed Rate Mortgages Adjustable Rate Mortgages Mortgage Jumbo Loans
If you are an active-duty or retired military service member applying for a home loan through the Department of Veteran Affairs, one of the first things you will need to obtain is a statement of service. Here’s what that means and how to get it: Statement
Sep 01, 2022 | VA Loans
While buying a house, your credit score is very important to securing mortgage funding. But what about after you close on the sale? How will a home loan affect your credit? The good news is that in most cases, obtaining and paying a mortgage will actually
Aug 30, 2022 | Credit
Here are the rates for today, August 26, 2022 at Bainbridge Lending Group: 30 Year Fixed Conforming: 5.320% (5.415% APR) 15 Year Fixed Conforming: 4.750% (4.903% APR) 7/6 Jumbo ARM: 5.125% (4.814% APR) 30 Year Fixed Jumbo: 5.125% (5.261% APR)
Aug 26, 2022 | Interest Rates Fixed Rate Mortgages Adjustable Rate Mortgages Mortgage Jumbo Loans
One of the major barriers to homeownership for first-time homebuyers is their limited credit background. It takes time to establish a full credit history, and only certain types of regular payments, like auto loans, student loans, credit card payments mak
Aug 25, 2022 | Purchasing a Home