Compare mortgage rates and fees for leading lenders in San Bernardino, CA. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lender offering the best mortgage rates in San Bernardino.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in San Bernardino. Plus, shopping lenders is free and there is no obligation.
October 21, 2019
The current average rate for a 30 year fixed rate mortgage in San Bernardino is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%
The median home value for San Bernardino, CA is $362,199
The median household income for San Bernardino, CA is $58,903
Based on current mortgage rates and a 10% down payment, you need to make $67,199 per year to buy the median priced home in San Bernardino
The home price you can afford to buy based on household income in San Bernardino is 88% of the median home value which means housing prices are expensive
San Bernardino ranks 30 out of 58 counties in California and 3,059 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in San Bernardino, CA is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for San Bernardino below.
Conforming loan limits for San Bernardino, CA
FHA loan limits for San Bernardino, CA
VA loan limits for San Bernardino, CA
US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs
FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat
Income Growth: https://www.bls.gov
National Average Rates: http://www.freddiemac.com/pmms/
Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx
FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm
VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp
FREEandCLEAR Housing Affordability Index