texas: New Max FHA Loan Amount in Houston Area is $326,600 starting 1/1/15 - 12/10/14 10:24 AM
 
Great news, the new max FHA loan amount for the Houston, Texas area is now $326,600.  This is for 1 unit properties, so regular homes.  The Houston Area consists of Harris, Fort Bend, Montgomery, Galveston, Brazoria, Waller, Liberty and Chambers County.  This is a large increase from the previous max FHA loan amount of $295,550.  This change goes into effect Jan 1st and is for all loans that have a new FHA case number of Jan 1st or later.    So all loans started after that date are able to get the new max loan amount.  For a while it just … (2 comments)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 12/10/14 - 12/10/14 07:55 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.39%
FHA 30 year:4%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.47%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 12/3/14 - 12/03/14 07:45 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.39%
FHA 30 year:4%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.47%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 11/19/14 - 11/19/14 12:01 PM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.49%
FHA 30 year:4.125%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.57%
Conventional 15 year:3.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.52%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 11/12/14 - 11/12/14 08:19 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.39%
FHA 30 year:4%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.47%
Conventional 15 year:3.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.52%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(2 comments)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 11/5/14 - 11/05/14 11:20 AM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.49%
FHA 30 year:4%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.47%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 10/29/14 - 10/29/14 10:24 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.39%
FHA 30 year:4%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.47%
Conventional 15 year:3.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.52%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 10/22/14 - 10/22/14 08:43 AM
Conventional 30 year Mortgage: 4.125%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.39%
FHA 30 year:3.875%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.37%
Conventional 15 year:3.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.42%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 10/1/14 - 10/01/14 08:04 AM
Conventional 30 year Mortgage: 4.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.59%
FHA 30 year:4.125%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.57%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 09/24/14 - 09/24/14 09:15 AM
Conventional 30 year Mortgage: 4.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.69%
FHA 30 year:4.25%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.67%
Conventional 15 year:3.625%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.72%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 09/17/14 - 09/17/14 08:01 AM
Conventional 30 year Mortgage: 4.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.69%
FHA 30 year:4.25%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.67%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
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)

texas: What in the World is an APR? - 09/16/14 11:30 AM
 
During the mortgage process there can be many terms or items that come up that may cause questions.  One term that can cause questions is the APR.  The APR stand for Annual Percentage Rate.  And comes in the form of a percentage rate.  This percentage rate can be found on the TIL, Truth In Lending Form.   The main thing to keep in mind is that this is not your interest rate.  As many times seeing two %’s on your mortgage documents can be very confusing. The majority of the time your APR will always be higher than your Interest Rate.
(0 comments)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 09/10/14 - 09/10/14 08:13 AM
Conventional 30 year Mortgage: 4.375%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.69%
FHA 30 year:4.25%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.67%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 09/3/14 - 09/03/14 08:20 AM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.59%
FHA 30 year:4.125%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.67%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 08/27/14 - 08/27/14 09:46 AM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.59%
FHA 30 year:4.25%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.67%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

Posted by … (0 comments)

texas: USDA Annual Fee is going up on loans approved after 10/1/14 - 08/25/14 10:15 AM
 
USDA loans are fantastic loans.  It offers 0% down payment!  It charges a fee like monthly mortgage insurance which the USDA calls its annual fee.  This fee is treated just like mortgage insurance thou it is much lower than a FHA loan.  This particular fee is going up from .4% to .5% on all loans approved by USDA  after 10/1/14.  This is loans that have a loan commitment directly with the USDA, not just approved by your lender.  On a $200k loan amount this small change would cause your payment to go up $17.  But in general a USDA loan … (4 comments)

texas: Dave Your Mortgage Guy.com Testimonial- Theresa Raulz - 08/25/14 06:49 AM
 
First and foremost let me say THANK YOU! To say you made our dreams come true would be a complete understatement, and literally the words feel completely cheap considering the miracles you worked for us. For years we struggled, paying off debt, building credit, and as you know only to be told not once, but twice that no one could help us. Imagine the heaviness in our hearts knowing that we had done literally everything possible to make a dream come true for ourselves, but also our children and still to be told no. Then by the grace of fate … (0 comments)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 08/20/14 - 08/20/14 11:37 AM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.59%
FHA 30 year:4.125%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.67%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
Rates are Subject to Change
Call me today if you are thinking of refinancing or buying a home, for the best mortgage rate possible.

(3 comments)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 08/6/14 - 08/06/14 08:15 AM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.59%
FHA 30 year:4.25%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.87%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
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)

texas: Mortgage Rate Update Sugar Land, Katy, Houston, The Woodlands 07/30/14 - 07/30/14 09:20 AM
Conventional 30 year Mortgage: 4.25%
Credit score:740
LTV:80%
Loan Amount:$200k
APR: 4.59%
FHA 30 year:4.25%
Credit Score:640
LTV:96.5%
loan amount:$200k
APR:5.87%
Conventional 15 year:3.5%
Credit score:740
LTV:80%
Loan Amount:$200k
APR:3.62%
 
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)

 
David Krichmar, DaveYourMortgageguy.com (www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo) Rainmaker large

David Krichmar

DaveYourMortgageguy.com

Sugar Land, TX

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www.DaveYourMortgageGuy.com, FHA, VA, USDA, HomePath, Jumbo

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

Office: (832) 689-6012

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