Dave Your Mortgage Guy's Blog

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

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2010 

When doing a mortgage you need to pay for an appraisal.  This is part of the mortgage process.  But, there are times where you can choose to use different appraisal forms.  These different forms offer different information that the lender requires and there are different costs for these different...
10/28/2010
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4.125% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.5% FHA 30 year:4% Credit Score:680 LTV:96.5% loan amount:$200k APR:4.5% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:4.05%   Call me today ...
10/27/2010
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4.125% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.5% FHA 30 year:4% Credit Score:680 LTV:96.5% loan amount:$200k APR:4.5% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:4.05%   Call me today ...
10/27/2010
Here is your weekly interest rate update: Conventional 30 year Mortgage: 3.875% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.125% FHA 30 year:3.875% Credit Score:680 LTV:96.5% loan amount:$200k APR:4.375% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:4.05%   Call m...
10/20/2010
Here is your weekly interest rate update: Conventional 30 year Mortgage: 3.875% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.125% FHA 30 year:3.875% Credit Score:680 LTV:96.5% loan amount:$200k APR:4.375% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:4.05%   Call m...
10/20/2010
I was watching TV lately and this commercial came up(see below).  Like any great commercial it did it's job and got my attention, it is very funny.  So I went and checked out www.CreditFairy.org.  As we all know having, having great credit will save you money.  It allows you to have a lower inter...
10/20/2010
Yahoo recently came out with a great article on 10 money saving tips.  These tips are to make your home more energy efficient.  And they are all things you can do yourself and over a weekend.  Here is the List:   Replace your showerhead- install a new WaterSense Showerhead.  It will take you 15 m...
10/18/2010
I get this question quite frequently so I thought it prudent to issue the following answer:   The new Consumer Protection Agency created by the Dodd-Frank bill stipulated that the agency must "rewrite" (not eliminate) the Appraisal Independence Standards within 90 days of the President signing th...
10/14/2010
Here is your weekly interest rate update: Conventional 30 year Mortgage: 3.875% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.125% FHA 30 year:4% Credit Score:640 LTV:96.5% loan amount:$200k APR:4.375% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:4.05%   Call me to...
10/13/2010
Here is your weekly interest rate update: Conventional 30 year Mortgage: 3.875% Credit score:740 LTV:80% Loan Amount:$200k APR: 4.125% FHA 30 year:4% Credit Score:640 LTV:96.5% loan amount:$200k APR:4.375% Conventional 15 year:3.5% Credit score:740 LTV:80% Loan Amount:$200k APR:4.05%   Call me to...
10/13/2010