mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 07/1/15 - 07/01/15 07:55 AM
Conventional 30 year Mortgage: 4.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.62%
FHA 30 year: 4.25%
Credit Score:740
LTV:96.5%
loan amount:$200k
APR:5.32%
Conventional 15 year:3.625%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.72%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 06/17/15 - 06/17/15 10:06 AM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.52%
FHA 30 year: 4.125%
Credit Score:740
LTV:96.5%
loan amount:$200k
APR:5.12%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.52%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
(0 comments)

mortgage: I have just been Denied for a Mortgage….. now what?? - 06/16/15 08:08 AM
 
Getting denied for a mortgage when you want to buy a home is a horrible experience.  It can crush your dreams if you let it.  As a mortgage lender I was thinking of what you can do after you have been denied for a mortgage, so that eventually you will get approved to buy that dream home.  And here are my main points of advice to get you back on track after being denied for a mortgage:
 
Why was a I denied?- When the lender tells you are denied ask why?  And it better be a thorough answer or keep asking questions.  … (2 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 06/3/15 - 06/03/15 12:46 PM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.52%
FHA 30 year: 4.125%
Credit Score:740
LTV:96.5%
loan amount:$200k
APR:5.12%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.52%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 05/20/15 - 05/20/15 08:02 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.32%
FHA 30 year: 4%
Credit Score:740
LTV:96.5%
loan amount:$200k
APR:5.02%
Conventional 15 year:3.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.42%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 05/13/15 - 05/13/15 11:32 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.32%
FHA 30 year:3.875%
Credit Score:740
LTV:96.5%
loan amount:$200k
APR:4.92%
Conventional 15 year:3.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.42%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 05/6/15 - 05/06/15 12:43 PM
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.12%
FHA 30 year:4%
Credit Score:740
LTV:96.5%
loan amount:$200k
APR:5.02%
Conventional 15 year:3.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.42%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 04/22/15 - 04/22/15 12:45 PM
Conventional 30 year Mortgage: 3.875%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 3.92%
FHA 30 year:3.75%
Credit Score:680
LTV:96.5%
loan amount:$200k
APR:4.57%
Conventional 15 year:3.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.32%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 04/8/15 - 04/08/15 09:20 AM
Conventional 30 year Mortgage: 3.75%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 3.82%
FHA 30 year:3.75%
Credit Score:680
LTV:96.5%
loan amount:$200k
APR:4.87%
Conventional 15 year:3.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.22%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 04/1/15 - 04/01/15 12:15 PM
Conventional 30 year Mortgage: 3.75%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 3.82%
FHA 30 year:3.75%
Credit Score:680
LTV:96.5%
loan amount:$200k
APR:4.87%
Conventional 15 year:3.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.22%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 03/25/15 - 03/25/15 08:07 AM
Conventional 30 year Mortgage: 3.875%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.09%
FHA 30 year:3.75%
Credit Score:680
LTV:96.5%
loan amount:$200k
APR:4.87%
Conventional 15 year:3.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.32%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 03/11/15 - 03/11/15 08:54 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.29%
FHA 30 year:4%
Credit Score:680
LTV:96.5%
loan amount:$200k
APR:5.07%
Conventional 15 year:3.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.42%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 02/25/15 - 02/25/15 08:11 AM
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.29%
FHA 30 year:3.875%
Credit Score:680
LTV:96.5%
loan amount:$200k
APR:5.07%
Conventional 15 year:3.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.42%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 01/28/15 - 01/28/15 07:59 AM
Conventional 30 year Mortgage: 3.75%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.09%
FHA 30 year:3.875%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.07%
Conventional 15 year:3.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.32%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

mortgage: FHA Mortgage Insurance is going down by .5% soon! - 01/08/15 11:01 AM
 
HUD(the govt) just announced that they are lowering the FHA annual mortgage insurance to .85%.  This is lowering the monthly MI from 1.35% to .85%, that is a savings of .5%.  On a $200k loan amount this is a monthly savings of $86!  This was just announced so I will update you with all the specifics and the date this goes into affect once it is formally announced. This is fantastic news!
 
UPDATE- The lower mortgage insurance goes into affect for all FHA case numbers ordered on or after 1/26/15
(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 1/7/15 - 12/17/14 10:06 AM
Conventional 30 year Mortgage: 3.875%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.29%
FHA 30 year:3.75%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.27%
Conventional 15 year:3.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.32%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

mortgage: New Max FHA Loan Amount in Houston Area is $326,600 starting 1/1/15 - 12/10/14 10:24 AM
 
Great news, the new max FHA loan amount for the Houston, Texas area is now $326,600.  This is for 1 unit properties, so regular homes.  The Houston Area consists of Harris, Fort Bend, Montgomery, Galveston, Brazoria, Waller, Liberty and Chambers County.  This is a large increase from the previous max FHA loan amount of $295,550.  This change goes into effect Jan 1st and is for all loans that have a new FHA case number of Jan 1st or later.    So all loans started after that date are able to get the new max loan amount.  For a while it just … (2 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 12/10/14 - 12/10/14 07:55 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.39%
FHA 30 year:4%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.47%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

mortgage: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 12/3/14 - 12/03/14 07:45 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.39%
FHA 30 year:4%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.47%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

mortgage: Why is my Interest Rate Different than Their's? - 11/20/14 09:24 AM
 
When dealing with mortgage rates,  at times I have heard a client say “Why is my rate different than theirs?”.   The “their” being a friend’s, coworkers or even an advertised mortgage rate online.  So I got to thinking…. It would be good for someone getting  a mortgage to know the factors that go into the calculating of their interest rate.  So here are the major items that make up your specific interest rate:
 
Credit Score- This is the obvious one, as your credit score will determine your interest rate.  As an example on a conventional the mortgage rate … (2 comments)

 
David Krichmar, DaveYourMortgageguy.com (www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo) Rainmaker large

David Krichmar

DaveYourMortgageguy.com

Sugar Land, TX

More about me…

www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo

Address: Serving Harris, Fort Bend, Montgomery, Brazoria County, Houston, Katy, Sugar Land, Pearland, The Woodlands or anywhere in Texas!

Office: (832) 689-6012

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