Compare Today’s Refinance Rates for Yermo, California 92398

Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Yermo, California 92398.

Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $3,247 over the lifetime of your mortgage, which translates to a monthly savings of $9 in Yermo and other areas of San Bernardino county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

34.905 -116.819444 38306

Summary of Average Refinances in Yermo, California 92398

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive Refinance Rate Projections for Yermo, California 92398

Source: Fannie Mae and Freddie Mac


Pureloan has developed an interactive chart to monitor the five largest local lenders in Yermo, CA 92398, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.

Local Refinance Rates in Yermo, California 92398

Yermo is an unincorporated community in the Mojave Desert in San Bernardino County, California. It is 13 miles east of Barstow on Interstate 15, just south of the Calico Mountains. Its population was an estimated 1,750 in 2009.

Founded in 1902 and originally named Otis, Yermo is situated at a division point of the Union Pacific Railroad line. Read more

Yermo is an unincorporated community in the Mojave Desert in San Bernardino County, California. It is 13 miles east of Barstow on Interstate 15, just south of the Calico Mountains. Its population was an estimated 1,750 in 2009.

Founded in 1902 and originally named Otis, Yermo is situated at a division point of the Union Pacific Railroad line. A post office was established three years later with William J. Flavin serving as Yermo's first postmaster. It later developed around serving motorists traveling the Arrowhead Trail, which ran through the community.

Today, Yermo is governed by an elected five-member board of directors comprising the Community Services District authorized by the County of San Bernardino. The board, which meets monthly, oversees the community's volunteer fire department, the Yermo/Calico VFD, as well as its street lighting, parks and water system. Yermo's ZIP Code is 92398, and it is in telephone area codes 442 and 760. Its USPS branch provides post office boxes to local residents and businesses; there is no letter-carrier service.

Yermo hosts the 1,859-acre storage and industrial annex of the Marine Corps Logistics Base Barstow. Read less

Historical Refinance Rates in Yermo, California 92398 from 2024 - 2016

The following historical data provides insights into refinancing trends in Yermo, California and the surrounding San Bernardino county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.

2024 2023 2022 2021 2020 2019 2018 2017 2016
% 30 year fixed refinance 80.00% 65.61% 69.65% 69.92% 70.65% 62.77% 61.66% 64.30% 60.66%
avg refi rate 6.68% 3.46% 2.94% 3.23% 4.10% 4.60% 4.13% 3.92% 4.09%
% 15 year fixed refinance 16.00% 21.20% 18.84% 19.04% 17.83% 25.76% 27.90% 25.80% 27.69%
avg refi rate 5.06% 2.70% 2.43% 2.80% 3.57% 3.91% 3.41% 3.17% 3.38%
Avg credit score 735.36 742.91 755.26 759.31 750.71 742.94 747.76 751.33 755.70
Avg LTV (loan to value) 59.96% 54.91% 62.32% 66.05% 68.58% 68.86% 66.66% 67.07% 67.06%
Avg DTI (debt to income) 40.08 36.92 35.59 35.03 36.38 36.81 35.67 34.88 35.27
Avg refinance insurance % 1.48% 0.56% 1.58% 2.46% 3.86% 2.56% 2.52% 2.36% 2.34%

Source: Financial Report of the US Government

Best Refinance Brokers around Yermo, California 92398

If you are considering refinancing your mortgage or obtaining a cash-out refinance in Yermo, California 92398, we have compiled a list of top refinance brokers to assist you in the process.

Name
Address
Contact

Luciano Olivo

Home Mortgage Consultant

334 W 3rd St Fl 3RD

San Bernardino, CA 92398

(909) 388-5027

luciano.olivo@wellsfargo.com

Irasema Rascon

Home Mortgage Consultant

334 W 3rd St Fl 3RD

San Bernardino, CA 92398

(909) 388-5027

Irasema.I.Rascon@WellsFargo.com

Tandi Smith-Abel

Home Mortgage Consultant

334 W 3rd St Fl 3RD

San Bernardino, CA 92398

(909) 388-5027

tandi.smith@wellsfargo.com

Jessica Curenton

Mortgage Banker

330 N D St

San Bernardino, CA 92398

(190) 988-1984

Jessica.Curenton@Chase.com

Shelby Shurtz

Mortgage Banker

611 W. Fayette Ave

Effingham, IL 92398

(800) 270-3416

shelbyshurtz@leader1.com

Address

334 W 3rd St Fl 3RD

San Bernardino, CA

Contact

(909) 388-5027

Fax (301) 639-0804

luciano.olivo@wellsfargo.com

Address

334 W 3rd St Fl 3RD

San Bernardino, CA

Contact

(909) 388-5027

Fax (301) 639-0804

Irasema.I.Rascon@WellsFargo.com

Address

334 W 3rd St Fl 3RD

San Bernardino, CA

Contact

(909) 388-5027

Fax (301) 639-0804

tandi.smith@wellsfargo.com

Refinancing News for Yermo, California 92398