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Bellingham WA Home Loan Rates and Tips
Having a home loan denied can be embarrassing, frustrating and costly if you haven’t done your homework before you write that purchase agreement.  When talking with a loan officer, make sure you give them all your information…and make sure it is accurate.  Here are two things that can get your loan denied:

Home loan rates as of Wednesday, February 17 are in the following table.  For more details, or a custom quote, contact SidneyStonecypher at People’s Bank, 360-676-4597 or sidney.stonecypher@peoplesbank-wa.com.  Remember that many variables come into play in determining the rate a lender will give a borrower.  If you are getting a rate quote from a lender who does not have all your information, that rate may not be real.  What with the low rates and the tax credits, it is a great time to buy a house!

Down Payment
Interest Rate
APR
Credit Score
Points

Conventional 30 yr fixed

20%

4.75%

4.87%

740

1

Conventional 15 yr fixed

20%

4.25%

4.41%

740

1

Jumbo 30 yr fixed

20%

5.75%

5.85%

740

1

FHA 30 yr fixed

3.50%

4.75%

5.10%

580*

1

VA 30 yr fixed

0%

4.75%

5.12%

*

1

*Score requirement will vary by lender

If you have other questons about financing, don’t hesitate to contact us and we will get you the answer.  If you are wondering, other people probably are as well.  For general financing and market information, check out our website.

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