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Mortgage and Lending - www.DaveYourMortgageGuy.com - Legend Lending - NMLS #293883

ARCHIVED BLOG POSTS

2012 

Here is your weekly interest rate update: Conventional 30 year Mortgage: 4% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.3% 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:3.65%   Call me today...
04/25/2012
Here is your weekly interest rate update: Conventional 30 year Mortgage: 3.875% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.3% 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:3.65%   Call me t...
04/18/2012
Often you will hear that someone had a lousy experience getting their mortgage.  Now 99% of the time this is due to the lender doing a poor job.  Granted this is not all lenders.  My #1 Goal is to make the process as stress free as possible.  Here are the top 6 ways you can make sure your mortgag...
04/11/2012
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.3% 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:3.65%   Call me today...
04/11/2012
  HUD has postponed the rule change on collections until Case numbers order July 1st and after.  This is great news.  Here are the specific’s if you want to read HUD’s comments:   FHA delayed implementation of the collections policy as contained in ML 2012-03.  FHA indicated that they would solic...
04/09/2012
HUD has recently changed their rules when purchasing one of their foreclosures.  Now the loan amount can not be higher than HUD’s appraisal value.  Which HUD's appraisal value is determined by a FHA appraisal that HUD has ordered.  Here is how this will affect you buying a HUD foreclosure: 1.  To...
04/05/2012
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4.125% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.415% 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:3.75%   Call m...
04/04/2012
FHA 203k loans are an awesome option when needing to do repairs or improvements to your primary home you are buying or already own.  In short if the after improved home value will be worth the cost of the home and repairs, you can finance in the repairs.  Here is a short list of things to know fo...
04/03/2012
Recently many mortgage lenders have updated the list of acceptable Immigration Visa(s) for someone to be approved for a mortgage.  So I wanted to pass along the Acceptable Visa’s and a short explanation of them: A Series (A-1, A-2, A-3): these visas are given to officials of foreign governments, ...
04/03/2012
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David Krichmar

DaveYourMortgageGuy.com
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