harris: FHA is getting harder on Debt to Income Ratios for Low Credit Scores - 03/18/19 07:54 AM
HUD (FHA) literally just announced that they are getting harder on higher debt to income ratios for lower credit scores.  Now their announcement is vague but here is what I do know:
Credit Scores getting Lower: The average credit score for FHA loans that closed in 2018 was 670.  This is the lowest it has been in 10yrs.  Already in 2019, 28% of the loans closed had a credit score under 640.  13% had a score under 620.  So HUD believes the credit scores are continuing to decrease or at least do not seem to be increasing. Higher Debt To Income … (5 comments)

harris: Here is what the Fake Texas Homestead Form looks like - 04/05/18 03:02 PM
In Texas we have a homestead tax exemption which is a tax exemption that saves you on your real estate taxes yearly.  This exemption is for your primary home.  You can access this form for free online at the county appraisal district for your county.  And you can file this form for free.  With that being said one of the best scams around is a form that is mailed out to you saying they will file it for you for $35.  Not only is this company most likely not going to file it for you but also ripping you off of … (2 comments)

harris: Mortgage Rate update for Houston, Katy, Woodlands, Sugar Land 3/14/18 - 03/14/18 10:13 AM
 
Conventional 30 year Mortgage: 4.375%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.916%
FHA 30 year: 4.5%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.851%
Conventional 15 year: 3.875%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:4.322%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible
 
(1 comments)

harris: Mortgage Rate Update for Houston, The Woodlands, Katy, Conroe 8/9/17 - 08/09/17 08:59 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.56%
FHA 30 year: 4.125%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.17%
Conventional 15 year: 3.5%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.93%
 
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)

harris: Mortgage Rate Update for Houston, Katy, Woodlands, Sugar Land 8/2/17 - 08/02/17 09:33 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.56%
FHA 30 year: 4.125%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.17%
Conventional 15 year: 3.5%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.93%
 
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)

harris: Mortgage Rate Update for Houston, Katy, Sugar Land, Woodlands 7/19/17 - 07/19/17 09:15 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.56%
FHA 30 year: 4.125%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.17%
Conventional 15 year: 3.5%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.93%
 
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)

harris: Mortgage Rate Update for Sugar Land, Katy, Woodlands, Houston 7/5/17 - 07/05/17 01:30 PM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.66%
FHA 30 year: 4.25%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.27%
Conventional 15 year: 3.625%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:4.03%
 
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)

harris: Mortgage Rate Upate for Houston, Woodlands, Katy, Sugar Land 6/28/17 - 06/28/17 09:16 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.54%
FHA 30 year: 4%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.07%
Conventional 15 year: 3.5%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.993%
 
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)

harris: Mortgage Rate Update for Houston, Woodlands, Katy, Sugar Land 6/21/17 - 06/21/17 08:58 AM
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.44%
FHA 30 year: 4%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.07%
Conventional 15 year: 3.5%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.993%
 
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)

harris: Mortgage Rate Update for Katy, Woodlands, Sugar Land, Houston 6/14/17 - 06/14/17 09:38 AM
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.44%
FHA 30 year: 4%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.07%
Conventional 15 year: 3.375%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.873%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
(1 comments)

harris: Mortgage Rate Update for Sugar Land, Katy, Woodlands, Houston 6/7/17 - 06/07/17 02:07 PM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.54%
FHA 30 year: 4%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.07%
Conventional 15 year: 3.5%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.973%
 
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)

harris: Mortgage Rate Update for Katy, Woodlands, Sugar Land, Houston 5/31/17 - 05/31/17 11:03 AM
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.44%
FHA 30 year: 4%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.07%
Conventional 15 year: 3.375%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.853%
 
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)

harris: Mortgage Rate Update For Katy, Houston, The Woodlands, Conroe 5/24/17 - 05/24/17 12:07 PM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.452%
FHA 30 year: 4%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.07%
Conventional 15 year: 3.5%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.973%
 
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)

harris: Mortgage Rate Update For Katy, Sugar Land, Conroe, Woodlands 5/17/17 - 05/17/17 09:04 AM
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.38%
FHA 30 year: 4%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.30%
Conventional 15 year: 3.5%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.76%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.
Posted by … (0 comments)

harris: Mortgage Rate Update for Katy, Sugar Land, Houston, Woodlands 5/10/17 - 05/10/17 02:42 PM
Conventional 30 year Mortgage: 4.375%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.68%
FHA 30 year: 4.25%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.50%
Conventional 15 year: 3.75%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.96%
 
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)

harris: Mortgage Rate Update for Houston, Sugar Land, Woodlands 5/3/17 - 05/03/17 12:08 PM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.58%
FHA 30 year: 4.125%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.40%
Conventional 15 year: 3.625%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.76%
 
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)

harris: Mortgage Rate Update for Katy, The Woodlands, Sugar Land, 4/26/17 - 04/26/17 08:38 AM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.58%
FHA 30 year: 4.25%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.50%
Conventional 15 year: 3.625%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.76%
 
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)

harris: Mortgage Rate Update for Houston, Woodlands, Katy, Sugar Land 4/19/17 - 04/19/17 10:45 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.48%
FHA 30 year: 4.125%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.30%
Conventional 15 year: 3.375%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.46%
 
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)

harris: Mortgage Rate Update for Sugar Land, Katy, Houston Woodlands 4/5/17 - 04/05/17 12:16 PM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.58%
FHA 30 year: 4.125%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.30%
Conventional 15 year: 3.625%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.86%
 
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)

harris: Mortgage Rate Update for Houston, Katy, The Woodlands 3/22/17 - 03/22/17 08:35 AM
Conventional 30 year Mortgage: 4.375%
Credit score:740
LTV:95%
Loan Amount:$300k
APR: 4.68%
FHA 30 year: 4.25%
Credit Score:740
LTV:96.5%
loan amount:$300k
APR:5.40%
Conventional 15 year: 3.625%
Credit score:740
LTV:95%
Loan Amount:$300k
APR:3.86%
 
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)

 
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

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