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

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
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David Krichmar

DaveYourMortgageGuy.com
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