Tim Soule at Atlantic Bay Mortgage Group NMLS ID # 2079329

Tim Soule • Loan Officer • NMLS ID # 2079329 • Licensed in VA, DC, MD, and NC
Atlantic Bay Mortgage Group, L.L.C.

NMLS #72043 (nmlsconsumeraccess.org) is an Equal Opportunity Lender.

12/19/2023

I am newly licensed in North Carolina and looking forward to serving the people of the state!

08/14/2023

Building Dreams, One Home at a Time, in the heart of the DMV! 🏠✨ As Atlantic Bay Mortgage continues to grow in the area and serve our community, we're excited to introduce you to the faces behind the expertise. From newcomers to trusted locals, our team is here to guide you through your homeownership journey with personalized care and dedication. Welcome to the Atlantic Bay family!

05/11/2023

Rachelle is my downstairs condo neighbor and we first met when my shower leaked down into her unit 😳 We then became friends and now she has become my client and trusted me with the purchase of her unit!! I am super happy to have helped with her first home purchase along with as her realtor. Welcome to the home owners club Rachelle!

10/26/2022

I am pleased to announce that starting this week I am now at Atlantic Bay Mortgage!

07/29/2022

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Thank you for choosing me as your loan officer, Spencer and Shannon!

07/18/2022

Congrats to my buyers Shannon and Spencer on buying and moving up to their next home!! Their agent did an awesome job as well!

07/15/2022

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Congrats on purchasing your first home, Damien!

07/13/2022

Some perspective when you hear that “rates are really high right now.”
Graphs comparing mortgage rates on for 30-year fixed conventional loans over the last year vs. rates since 1971. Now is still a good time to buy and rates are still low historically speaking. Housing prices continue to increase and waiting for rates to go down means that you are losing out on increasing equity and value. Home prices are expected to go up between 5-9% this year. That would be $25,000-$45,000 on a 500K property that you would lose out on while waiting. Buy now, refinance later, build equity in the meantime.

Photos from Tim Soule at Atlantic Bay Mortgage Group NMLS ID # 2079329's post

06/23/2022

Congrats to my client and neighbor on the purchase of his FIRST HOME!!! Very happy for you!

06/22/2022

If the home you want is out of reach, you may be able to stretch your buying power with an ARM—an adjustable rate mortgage. Hybrid ARMs typically start with a lower rate and fixed payment for several years before adjusting. The calculator will show you the difference. Please let me know if I can answer any home financing questions for you or someone you know. Intercoastal Mortgage is an Equal Housing Lender.

Fixed vs ARM Calculator Compare the costs and savings of fixed vs. hybrid ARM mortgages.

06/01/2022

Time in the market beats timing the market. I believe this saying for the stock market is equally true for buying a home as well. Trying to time your purchase perfectly at a point when both prices are down and interest rates are down is almost never going to happen and sitting on the fence for several years waiting to make a purchase means you are losing out on building equity in the meantime. Buying a home is one of the best investments you can make so get off the fence and start building equity!

05/18/2022

Have a thin little gap between your fridge and the wall? Perfect use of the space to add a little extra storage. I made this spice rack myself but they do make kits that you can buy online.

05/09/2022

For anyone who wants to buy a new home but is currently on the fence due to increasing rates we have seen on fixed-rate mortgages, have you considered an ARM?

ARMs can help reduce your monthly payment and keep your home-buying options open.

Contact me to learn more!

04/25/2022

When I hear potential buyers say that they are waiting to buy until rates come back down because they are “so high right now,” I like to show them some historical context.

This graph shows the average on conventional rates since 2015. I bought my condo right at that peak in 2018 when rates were over 5%, just like they are now. Over the next few years my home appreciated and I gained tens of thousands of dollars of equity that I otherwise would have missed out on had I waiting for rates to come back down. I then refinanced to a lower rate when the time was right in 2020.

It is never a bad time to start building equity and remember that you can always refinance down the road.

04/23/2022

Come join and me at 8301 Crown Court Road today for an open house from 1-3!

04/23/2022

I am thrilled to announce that this week I moved over to Intercoastal Mortgage! I am very excited to be working with the excellent team here and look forward to serving the DMV area!