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2012 

Well, it is that time of year.  TAX TIME!!!  And we are all looking for the most write off’s we can.  And owning a home has many.  One special deduction for the year 2011 is that you can write off Mortgage Insurance.  This was not true in the past and at this point it does not look like you will ...
01/31/2012
Whether you are buying or refinancing  your home, the FHA mortgage maybe the best option for you.  Here are the top 12 Benefits of the FHA Loan:   1.      Low Interest Rates- FHA Mortgages tend to have lower rates than Conventional loans.  As an example if the FHA interest rate today is 3.75% tha...
01/26/2012
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.375% FHA 30 year:3.75% Credit Score:640 LTV:96.5% loan amount:$200k APR:4.85% Conventional 15 year:3.375% Credit score:740 LTV:80% Loan Amount:$200k APR:3.70%   Call me to...
01/25/2012
Here is your weekly interest rate update: Conventional 30 year Mortgage: 3.875% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.25% FHA 30 year:3.75% Credit Score:640 LTV:96.5% loan amount:$200k APR:4.85% Conventional 15 year:3.25% Credit score:740 LTV:80% Loan Amount:$200k APR:3.70%   Call me ...
01/18/2012
Recently, I got the awesome opportunity to experience the last day of taping for a recent episode of Restaurant Impossible.  They were in town to do a show on the Pelican Grill in Seabrook(a suburb of Houston).  If you are a fan of the show, you know the premise.  Robert Irvine the well known Che...
01/17/2012
One of the greatest benefits to being a Veteran is the VA Mortgage.  Whether you are buying a home or refinancing that home, you can not beat a VA Loan.  Here are 9 benefits to them:   1.      0% Down Payment- When you purchase a home with your VA loan benefits you can purchase it with No Down Pa...
01/17/2012
In a recent move, Fannie Mae and Freddie Mac changed their guidelines in regards to foreclosure history.  Now on all conventional loans no matter the loan to value or down payment amount, the borrower must be 7 years removed from a foreclosure.  This changed from the 4yrs that were needed based o...
01/11/2012
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.45% FHA 30 year:3.75% Credit Score:640 LTV:96.5% loan amount:$200k APR:4.85% Conventional 15 year:3.25% Credit score:740 LTV:80% Loan Amount:$200k APR:3.70%   Call me toda...
01/11/2012
Google has once again made our lives easier.  They offer a program called Google Alerts.  This is Google’s Definition of their Alerts: Google Alerts are emails sent to you when Google finds new results -- such as web pages, newspaper articles, or blogs -- that match your search term. You can use ...
01/06/2012
The VA has recently made two major announcements in regards to Appraisals.  Here are the two changes: 1.     Interior Photos are now needed- This is not a major change since interior photos are needed on appraisals for FHA and Conventional.  The appraiser know must include photos of at least the:...
01/06/2012
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David Krichmar

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