escrow: 4 Reasons a 2nd Mortgage Maybe The Best Option When Buying a Home - 05/26/16 12:49 AM
When getting a mortgage you will want to know all your options?  And of course you want to make sure you are choosing the best mortgage for your needs.  Many times I hear that other banks do not offer 2nd mortgages or that they do not exist.  I am here to say they do exist and to explain when getting a 2nd mortgage could be best for you. 
Jumbo Loan                  
A jumbo loan is considered any loan over $417k.  So what do you do if you loan amount is over $417k?  You could get a Jumbo mortgage, but the rate for a … (0 comments)

escrow: The Top 3 Benefits of a 20% Down Payment when Buying a Home - 11/13/13 02:34 AM
 
Many of us have heard when buying a home that it is best to put down 20% of the home’s price.  While this is not possible for everyone, if you can do it there are huge benefits.  Here are the top 3 benefits to putting down a 20% down payment when buying a home:
 
 
1. The Evil Mortgage Insurance- Some of us have heard that Mortgage Insurance is EVIL.  It’s not really evil as it is something that is required when you are putting down less than a 20% down payment when getting a conventional loan.  Mortgage insurance is … (0 comments)

escrow: Buying a New Construction Home and what to know about your Taxes - 04/16/13 03:13 AM
Buying a newly built home is an awesome experience.  You can pick out colors, fixtures, finishes, floorings and the list goes on.  But there is one major thing you must be pay attention to and that is the real estate taxes of the home.  Here are a couple things you MUST know about the taxes for your new home:
 
1.      What are the current taxes?- Many times when a home is newly built the taxes are only based on the land.  This amount is much less than what your taxes will be once the home is appraised by the county.  … (0 comments)

escrow: 4 Reasons Why a 2nd Mortgage Maybe The Best Option For You When Buying a Home - 03/20/12 12:31 AM
When getting a mortgage you will want to know all your options?  And of course you want to make sure you are choosing the best mortgage for your needs.  Many times I hear that other banks do not offer 2nd mortgages or that they do not exist.  I am here to say they do exist and to explain when getting a 2nd mortgage could be best for you. 
Jumbo Loan
A jumbo loan is considered any conventional loan with a loan amount over $417k.  So what do you do if you loan amount is over $417k?  You could get a Jumbo … (0 comments)

escrow: Which Mortgage is Best for Me? FHA, VA, Conventional - 04/30/11 03:52 AM
When getting a mortgage it is important to know all your options.  And then decide which mortgage is best for you.  I can help you with this decision, but I also want to give you a short explanation of each of the major 3 mortgage programs: FHA, VA and Conventional.  Here they are:
FHA LOANS
An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance (MIP) in case the borrower defaults on … (3 comments)

escrow: When is getting a Second Mortgage the best option for you? - 01/17/11 05:55 AM
When getting a mortgage you will want to know all your options?  And of course you want to make sure you are choosing the best mortgage for your needs.  Many times I hear that other banks do not offer 2nd mortgages or that they do not exist.  I am here to say they do exist and to explain when getting a 2nd mortgage could be best for you. 
Jumbo Loan
A jumbo loan is considered any conventional loan with a loan amount over $417k.  So what do you do if you loan amount is over $417k?  You could get a Jumbo … (3 comments)

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

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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