Dave Your Mortgage Guy's Blog

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

ARCHIVED BLOG POSTS

2010 

Here is your weekly interest rate update: Conventional 30 year Mortgage: 4.75% Credit score:740 LTV:80% Loan Amount:$200k APR: 5.25% FHA 30 year:4.625% Credit Score:680 LTV:96.5% loan amount:$200k APR:5.35% Conventional 15 year:4.125% Credit score:740 LTV:80% Loan Amount:$200k APR:4.5%   Call me ...
12/29/2010
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4.75% Credit score:740 LTV:80% Loan Amount:$200k APR: 5.25% FHA 30 year:4.625% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.55% Conventional 15 year:4.125% Credit score:740 LTV:80% Loan Amount:$200k APR:4.5%   Call me ...
12/29/2010
President Obama has signed a bill that has extended the tax deduction of Mortgage Insurance thru 2011.  Here are the rules to remember in regards to this tax deduction: your purchase or refinance loan must close before Dec 31st, 2011 household income must be $100,000 or less to get the full write...
12/28/2010
You can now get a conventional loan with a minimum down payment of 3%.   This program is called FLEX 97%.  This is a great program for a couple reasons: You only need a down payment of 3% vs 3.5% required by a FHA loan The max loan is $417k vs a max loan amount of $271k with a FHA loan  This prog...
12/28/2010
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4.75% Credit score:740 LTV:80% Loan Amount:$200k APR: 5.25% FHA 30 year:4.375% Credit Score:640 LTV:96.5% loan amount:$200k APR:5.25% Conventional 15 year:3.875% Credit score:740 LTV:80% Loan Amount:$200k APR:4.45%   Call me...
12/22/2010
Here is your weekly interest rate update: Conventional 30 year Mortgage: 4.75% Credit score:740 LTV:80% Loan Amount:$200k APR: 5.25% FHA 30 year:4.375% Credit Score:680 LTV:96.5% loan amount:$200k APR:5.05% Conventional 15 year:3.875% Credit score:740 LTV:80% Loan Amount:$200k APR:4.25%   Call me...
12/22/2010
Businesses call themselves in the "Black" if they are profitable and in the "Red" if they are not.  The origin of the term "Black Friday" is from the day most retailers finally get in the black, or profitable.  You need to look at your mortgage the same way.  When choosing a mortgage you will wan...
12/20/2010
I can't lie my favorite Disney Movie is "Beauty and the Beast".  I love Cogsworth and Lumiere.  Don't lie to yourself, you have a favorite Disney movie too.  We all do.  But what is better then watching it on TV at home???  Watching it in Person!!  Now thru Dec 19th, the Fort Bend Theatre will be...
12/16/2010
If you live in Sugar Land you can recycle your Christmas tree with the Annual "Christmas Tree Recycling Program" sponsored by the City of Sugar land.  All trees will be taken to composting facility and turned into mulch.  All trees must be free of ornaments, trimmings, tree stands, etc.  So pleas...
12/16/2010
CopyBlogger recently came out with a list of 8 great and easy ways to get more people to read your content.  CopyBlogger is a great website for help with blogging.  Here is the list of 8 great ways to get more people to read your blogs, web pages, posts, etc and my thoughts:   Embrace the Line Br...
12/16/2010