ARCHIVED BLOG POSTS
2012
Here is your weekly interest rate update: Conventional 30 year Mortgage: 3.375% Credit score:740 LTV:80% Loan Amount:$200k APR: 3.6% FHA 30 year:3.25% Credit Score:640 LTV:96.5% loan amount:$200k APR:4.15% Conventional 15 year:2.75% Credit score:740 LTV:80% Loan Amount:$200k APR:3.35% Call me t...
07/11/2012
Being a resident of Sugar Land and a huge baseball fan, I was super pumped when they announced that Sugar Land was getting a minor league baseball team. The team’s name is the Sugar Land Skeeters and their stadium is located almost right at highway 6 and highway 90(across the street from the Su...
07/10/2012
Like all good industries, the mortgage business uses a lot of abbreviations. And many times they can be confusing. So I wanted to give a list and explanation of abbreviations used. Here they are: 1. UW- this means Underwriting. Underwriting is the process of your loan being reviewed by a...
07/09/2012
Many homebuyers get financial assistance for their down payment. While getting your down payment from immediate family is definitely okay there are some rules you will want to know: 1. FHA Loans: On FHA loans you can have the whole down payment gifted to you. FHA loans require a 3.5% d...
07/05/2012
