Got a question? Email or call me anytime!

My best rates for today, 7/13/2009 are:

Conventional: 5.50%

FHA: 5.50%

VA: 5.50%

These rates are with no discount points charged. Read the fine print on TV ads for national companies like Ditech and see how many points are being charged to get advertised rates. If you want to pay the points you can get a lower rate from me, too! But just like most things in home loans, it doesn't make sense in all cases. There are so many different rules and rates in the mortgage business because there are so many different borrower situations. Contact me to discuss yours.

Rates can and do change daily, sometimes several times in one day. I update the rate listed here at least once every business day, usually before 10:30 am Central time.

The minimum credit score for any type loan is 620.

The minimum down payment for a conventional loan is 10%. For an FHA loan the minimum down payment is 3.5%. Conventionals can have a 3% seller contribution while FHA allows up to 6%.

On refinances, FHA only requires that you end up with 2.25% equity with a new loan.

Were you or your spouse ever in the military? 100% financing is still available with VA loans plus up to 4% seller contribution is allowed.

Tri-Cities Mortgage, Inc. is a subsidiary of Home N Mortgage/Allegiance Financial Services, 4543 Post Oak Pl, Ste. 105, Houston, TX 77027.

Our Baytown office is located at 6232 Hwy 146, Ste. 500, Baytown, TX 77523.

My Texas Loan Officer License number is 68997 and my mailing address is 6700 Woodlands Parkway, Ste. 230-225, The Woodlands, TX 77382.