brazoria county: Tarrant County Mortgage Credit Certificate tax credit program (MCC) has funds! - 05/21/10 04:58 AM
The Mortgage Credit Certificate tax credit program(MCC) for the Tarrant County has just announced that they now have funds for this program.  They have over $6.5 million of funds for this program but will disperse the funds on a first come first served basis.  If you are not familiar with the MCC program, here are the highlights. 
 
The MCC tax credit allows you to save up to $2000 a year off your income taxes.  This is a refund of up to $2000 off their income taxes every year that you are in the home!!!!!! it is also available for any home in … (0 comments)

brazoria county: Denton County Mortgage Credit Certificate tax credit program (MCC) has funds! - 05/20/10 08:23 AM
The Mortgage Credit Certificate tax credit program(MCC) for the Denton County has just announced that they now have funds for this program.  They have over $2.5 million of funds for this program but will disperse the funds on a first come first served basis.  If you are not familiar with the MCC program, here are the highlights. 
 
The MCC tax credit allows you to save up to $2000 a year off your income taxes.  This is a refund of up to $2000 off their income taxes every year that you are in the home!!!!!! it is also available for any home in … (0 comments)

brazoria county: Fort Bend County Mortgage Credit Certificate tax credit program (MCC) has funds! - 05/20/10 08:15 AM
The Mortgage Credit Certificate tax credit program(MCC) for the Fort Bend County has just announced that they now have funds for this program.  They have over $5.8 million of funds for this program but will disperse the funds on a first come first served basis.  If you are not familiar with the MCC program, here are the highlights. 
 
The MCC tax credit allows you to save up to $2000 a year off your income taxes.  This is a refund of up to $2000 off their income taxes every year that you are in the home!!!!!! it is also available for any home … (0 comments)

brazoria county: City of Dallas Mortgage Credit Certificate tax credit program (MCC) has funds! - 05/20/10 08:06 AM
The Mortgage Credit Certificate tax credit program(MCC) for the City of Dallas has just announced that they now have funds for this program.  They have over $13.5 million of funds for this program but will disperse the funds on a first come first served basis.  If you are not familiar with the MCC program, here are the highlights. 
 
The MCC tax credit allows you to save up to $2000 a year off your income taxes.  This is a refund of up to $2000 off their income taxes every year that you are in the home!!!!!! it is also available for … (0 comments)

brazoria county: Montgomery County Mortgage Credit Certificate tax credit program (MCC) has funds! - 05/20/10 07:48 AM
The Mortgage Credit Certificate tax credit program(MCC) for Montgomery County has just announced that they now have funds for this program.  They have over $6 million of funds for this program but will disperse the funds on a first come first served basis.  If you are not familiar with the MCC program, here are the highlights. 
 
The MCC tax credit allows you to save up to $2000 a year off your income taxes.  This is a refund of up to $2000 off their income taxes every year that you are in the home!!!!!! it is also available for any home … (0 comments)

brazoria county: Your Weekly Mortgage Rate Update for Fort Bend County, Harris County, Brazoria County or anywhere in Texas. 4.5% on a FHA loan!! 5/19 - 05/19/10 03:59 AM
Here is your weekly mortgage rate update:
Conventional 30 year Mortgage: 4.75%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 5.%
FHA 30 year:4.5%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.15%
Conventional 15 year:4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:4.375%
 
Please call me with any questions today.
(0 comments)

brazoria county: As of June 1st, a credit report will be pulled right before closing. A MUST READ! - 05/17/10 02:54 AM
Fannie Mae has announced that as of June 1st a new credit report will be required before closing.  This is so the underwriter knows if any new credit was opened or applied for.  If a new credit pull or inquiry is found, it will need to be documented.  Keep in mind that this will be painful since it may take days to track down the proof it was or wasn't opened.  And also what the payment of this new credit account is.  Since this credit check is happening right before closing a worse case scenario is the closing being delayed.  Or … (5 comments)

brazoria county: USDA Funds are Exhausted - 05/14/10 04:45 AM
USDA Funds have been exhausted.  I have mentioned in the past that this was coming.  The House of Representatives has passed Rural Housing Preservation and Stabilization Act of 2010 (H.R. 5017).   To allocate more funds to this program.  But, it is currently in the Senate and it has not been passed.  There has been a significant increase in demand for USDA loans as a result of the economic crisis over the past two years.  The number of rural home loans has tripled since 2006, while federal funding has failed to keep up with the growth of the program. Please check my … (6 comments)

brazoria county: Your Weekly Mortgage Rate Update for Fort Bend County, Brazoria County, Harris County or anywhere in Texas. 5/12 - 05/12/10 04:22 AM
Here is your weekly mortgage rate update:
Conventional 30 year Mortgage: 4.75%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 5.%
FHA 30 year:4.625%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.30%
Conventional 15 year:4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:4.5%
 
Please call me with any questions today.
(0 comments)

brazoria county: Excellent Marketing Effort - Chase 1% Cash Back on New Chase Mortgages - 05/10/10 03:41 AM
This is fantastic information and i wanted to pass it along.  www.DaveYourMortgageGuy.com. 

If you saw the Commerical and are interest in Details about the Program, you can find the information here https://www.chase.com/chf/mortgage/mcb-details 
My opinion the offer is a great marketing effort by them however in reality the savings may not be as beneficial as the commercial might make some consumers believe.  
First, The 1% sounds like alot.   The reality is it is 1% of your Monthly Principle and Interest Payment.  Using their calculator I changed the loan amount to $100,000 and the rate of interest to 5.00%.  The "Annual Cash Back … (0 comments)

brazoria county: Your Weekly Mortgage Rate Update for Fort Bend County, Harris County, Brazoria County or anywhere in Texas. 5/5 - 05/05/10 04:56 AM
Here is your weekly mortgage rate update:
Conventional 30 year Mortgage: 4.75%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 5.%
FHA 30 year:4.75%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.30%
Conventional 15 year:4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:4.5%
 
Please call me with any questions today.
(0 comments)

brazoria county: Don't worry if you missed out on the $8000 or $6500 homebuyer tax credit. This tax credit is even Better!! - 05/03/10 03:50 AM
Don't worry if you missed the chance of getting the $8,000 or $6500 homebuyer tax credit.  I have an even better tax credit for you, the Mortgage Credit Certificate(MCC) tax credit.  Here are the specific's of the MCC tax credit:
 
The MCC tax credit allows you to save up to $2000 a year off your income taxes.  This is a refund of up to $2000 off their income taxes every year that you are in the home!!!!!! it is available for any home in the Houston area, Harris County, Fort Bend County or any where in Texas. There is a 1%(of … (0 comments)

brazoria county: USDA Mortgages should have funds soon!! - 04/28/10 04:05 AM
Yesterday (april 27th) the House of Representatives passed Rural Housing Preservation and Stabilization Act of 2010 (H.R. 5017).  This will allow for USDA mortgages to have funding again.  It is in the Senate now for voting and should be passed soon.  This is great news!  There has been a significant increase in demand for USDA loans as a result of the economic crisis over the past two years.  The number of rural home loans has tripled since 2006, while federal funding has failed to keep up with the growth of the program. As a result, the current program is expected to … (0 comments)

brazoria county: Your Weekly Mortgage Rate Update for Fort Bend County, Harris County, Brazoria county or anywhere in Texas 4/28 - 04/28/10 02:48 AM
Here is your weekly mortgage rate update:
Conventional 30 year Mortgage: 4.875%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 5.125%
FHA 30 year:4.75%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.30%
Conventional 15 year:4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:4.5%
 
Please call me with any questions today.
(0 comments)

brazoria county: How to Find a Foreclosure in Fort Bend County, Harris County, Brazoria County, Sugar Land or anywhere in Texas - 02/12/10 02:26 AM
With as many foreclosures that are for sale and with more to come(unfortunately), how do you find them.  I wanted to pass along these great websites to find them:
 
HUD(govt) foreclosures: www.SouthwestAlliance.com.  Ask me how you can buy one of these homes for a down payment of $100. Fannie Mae Foreclosures- www.HomePath.com.  There are also great mortgage programs for them.  No appraisal, No mortgage insurance and a great loan for investors.  Right now Fannie Mae will pay for your appliances.  Ask me about this program also Freddie Mac Foreclosures- www.HomeSteps.com.  Foreclosures in General- www.Har.com.  This website has almost every home that is … (0 comments)

brazoria county: $100 Down Payment for HUD foreclosures in Fort Bend County, Harris County, Brazoria County or anywhere in Texas. - 02/11/10 02:35 AM
With all the craziness in the Mortgage/Real Estate Industry i wanted to pass long info on an amazing program.  You can buy a home with just $100 as your down payment.  Here are the rules and items to remember:
This program is only when buying a HUD(govt) Foreclosure. You must buy the home for the List price or more to qualify for the $100 down payment You will still have closing costs to pay, but you can negotiate with HUD to pay all or some of them This is a FHA loan.  So the same great benefits: great rate, low mortgage … (0 comments)

brazoria county: 0% down payment for a Home in Fort Bend, Harris County, Brazoria County or anywhere in Texas. A USDA Mortgage - 02/06/10 04:24 AM
With the mortgage industry always changing, it is important to know your options for the best mortgage.  USDA loans are a fantastic option.  You can qualify for a USDA loan if the home you are buying falls in a "rural" area.  Obviously, the city of Houston is not considered a "rural area".  But, you would be surprised what is considered "rural" in Houston's surrounding area.  Lets talk about the Highlights of a USDA loan:
 
You will not need a down payment.  That's right 0%!!!  FHA loans require a down payment of 3.5% and a conventional can require 5% or more.  … (2 comments)

 
David Krichmar, DaveYourMortgageGuy.com (www.DaveYourMortgageGuy.com - Legend Lending)

David Krichmar

DaveYourMortgageGuy.com

Sugar Land, TX

More about me…

www.DaveYourMortgageGuy.com - Legend Lending

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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