selling: Your Mortgage Options when Buying a Home before selling Yours - 03/09/17 03:00 PM
I see this situation almost daily where someone wants to buy their home before selling their current home. It could be because your new home is not ready to sell, your dream home came on the market, etc.  So if you thinking of buying a home before selling your current home here are a couple mortgage options to keep in mind:
 
Do a 2nd mortgage- Since you may be short money for your down payment since it is in the equity of your current home. You can do a 2nd mortgage for the difference. So instead of putting down a 20% down payment, do a first … (0 comments)

selling: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 07/31/13 - 07/31/13 01:14 AM
Conventional 30 year Mortgage: 4.625%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.85%
FHA 30 year:4.25%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.37%
Conventional 15 year:3.75%
Credit score:740
LTV:80%
Loan Amount:$200k
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.

(1 comments)

selling: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 03/13/13 - 03/13/13 01:16 AM
Conventional 30 year Mortgage: 3.75%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.1%
FHA 30 year:3.25%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:4.27%
Conventional 15 year:3%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.31%
 
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)

selling: Top 5 Excuses for Putting Off Getting Pre-Approved For A Mortgage - 06/13/12 09:04 AM
For some odd reason, some folks want to put off getting pre-approved for their mortgage until the last minute.  Not only is this super risky but it can also put you in a really bad situation.  Here are the top 5 excuses I have heard and why they are a bad idea:
 
1.      “I am going to wait until I find the right home”- This is actually causing you to go backwards.  Before looking at a home you need to get pre-approved to find out how much home you can get approved for, how much  money you need to buy … (8 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 3/7/12 - 03/07/12 01:23 AM
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:3.65%
 
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 1/11/12 - 01/11/12 02:35 AM
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 today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(2 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 1/4/12 - 01/04/12 02:11 AM
Here is your weekly interest rate update:
Conventional 30 year Mortgage: 3.875%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.35%
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 today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 12/28/11 - 12/28/11 03:36 AM
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 today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 12/21/11 - 12/21/11 05:38 AM
Here is your weekly interest rate update:
Conventional 30 year Mortgage: 3.875%
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 today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 12/14/11 - 12/14/11 02:29 AM
Here is your weekly interest rate update:
Conventional 30 year Mortgage: 3.875%
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 today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 12/7/11 - 12/07/11 02:47 AM
Here is your weekly interest rate update:
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.65%
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 today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(1 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 11/30/11 - 11/30/11 02:34 AM
Here is your weekly interest rate update:
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.65%
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:3.79%
 
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(0 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 11/23/11 - 11/23/11 02:47 AM
Here is your weekly interest rate update:
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.65%
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:3.79%
 
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(1 comments)

selling: Your Weekly Mortgage Rate Update For Sugar Land, Katy, Houston, Pearland, The Woodlands, Conroe or anywhere in Texas. 10/26/11 - 10/26/11 04:07 AM
Here is your weekly interest rate update:
Conventional 30 year Mortgage: 4%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.55%
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:3.79%
 
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(3 comments)

selling: Texas Expected to Ban Real Estate Transfer Fees - 05/27/11 06:18 AM

This is great information for Buyers and Sellers in Texas.  Like Mike Wong mentions below, this fee can be up to 1% of the sales price of the home.  So this bill would save buyers and sellers money when buying or selling a home.  www.DaveYourMortgageGuy.com. 
The Texas House and Senate have overwhelmingly voted for a bill that would ban private transfer fees on real estate. The new legislation bans new private transfer fees. Developers who have existing fees on properties must file a notice of the obligation in county property records by Jan. 31, 2012, and update it every three years, or the transfer … (4 comments)

selling: How Much Can the Seller Pay of my Closing Costs?? - 04/27/11 10:43 AM
Many times I am asked by Buyers and Realtors "how much can the seller pay in closing costs"?  It is good to know when negotiating on a home how much the seller can pay of your closing costs.  This would make it easier for you to get into a home with less money needed.  Here are the allowable amount that a seller can pay in closing costs per the different loan types.  The % is based on the sales price.  So if the seller can pay 3% in closing costs of a $100k sales price it would be, $3000 that the … (0 comments)

selling: August Sales Activity Report for Dallas/ Ft. Worth Area - 09/07/10 12:50 PM
This is important information to know when buying a home in Dallas or Fort Worth.  Give Marie a call today if you are thinking of buying or selling your home in the Dallas Area.  www.DaveYourMortgageGuy.com. 

Sales were down by 17% in the area for August compared to August 0f 2009. The average sales price was up by 4% and the median sales price was up by 2%. These increases are a statical anomaly caused by increased sales in the upper price ranges.
The real problem for the market continues to be declining pending sales which were down by 21% and … (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

Address: Serving Harris, Fort Bend, Montgomery, Brazoria County, Houston, Katy, Sugar Land, Pearland, The Woodlands or anywhere in Texas!

Office: (832) 689-6012

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog