webdude Posted May 2, 2006 Share Posted May 2, 2006 Can anyone recommend a good mortgage lender? Link to comment Share on other sites More sharing options...
musicman Posted May 2, 2006 Share Posted May 2, 2006 Can anyone recommend a good mortgage lender? Speak with Danax, I'm sure he'll reply when he wakes up...i mean gets back from his veggie lunch. Link to comment Share on other sites More sharing options...
lwood Posted May 8, 2006 Share Posted May 8, 2006 Can anyone recommend a good mortgage lender?I recently used National City Mortgage Company (NCMC). I would NOT recommend them. A friend had similar results. It's only my opinion. Link to comment Share on other sites More sharing options...
webdude Posted May 8, 2006 Author Share Posted May 8, 2006 Thanks everyone.I ended up going with my bank, bank of america. At first I wanted to go with a local houston company, but found out that my mortgage agent here in california had processed quite a few applications for californians buying homes in houston recently. Not sure whether its for investment or they are planning a move like me. Link to comment Share on other sites More sharing options...
Guest danax Posted May 9, 2006 Share Posted May 9, 2006 Thanks everyone.I ended up going with my bank, bank of america. At first I wanted to go with a local houston company, but found out that my mortgage agent here in california had processed quite a few applications for californians buying homes in houston recently. Not sure whether its for investment or they are planning a move like me.The company I work for did a couple of loans for a woman in CA that bought some investment properties in Katy. Just 120K tract homes but she was excited by how much home she could buy for that price. She was a little shocked at the property taxes though.I see a lot of CA license plates around so I am assuming the word has gotten out that Houston is cheap and, contrary to a lot of Californian's ingrained beliefs, a decent place to live. Link to comment Share on other sites More sharing options...
texas911 Posted May 9, 2006 Share Posted May 9, 2006 There are a bunch of CA's coming to houston and buying investment property. I have a realtor friend that specializes in that. They (CA's) think that prices in Houston are dirty cheap, and its like kids in a candy store. Link to comment Share on other sites More sharing options...
stolitx Posted May 9, 2006 Share Posted May 9, 2006 I recently used National City Mortgage Company (NCMC). I would NOT recommend them. A friend had similar results. It's only my opinion.Interesting. I work for them. I'm not a loan officer though, I work in the corp office. I'm curious who you used and what happened. Link to comment Share on other sites More sharing options...
webdude Posted May 9, 2006 Author Share Posted May 9, 2006 There are a bunch of CA's coming to houston and buying investment property. I have a realtor friend that specializes in that. They (CA's) think that prices in Houston are dirty cheap, and its like kids in a candy store.It did feel great seeing those kind of prices, until I saw the property tax. Of course, people keep telling me not to worry since I don't have to pay income tax. Link to comment Share on other sites More sharing options...
Mr. Smarts Posted May 9, 2006 Share Posted May 9, 2006 It did feel great seeing those kind of prices, until I saw the property tax. Of course, people keep telling me not to worry since I don't have to pay income tax.What kind of property taxes are there in CA.. Paying 5k a year seems normal to me now. Link to comment Share on other sites More sharing options...
webdude Posted May 9, 2006 Author Share Posted May 9, 2006 What kind of property taxes are there in CA.. Paying 5k a year seems normal to me now.I think it is also about $5k/yr for a 600k to 700k homes over here, so I guess we all ended up paying the same property taxes since most houses here cost 600k and up. Link to comment Share on other sites More sharing options...
Guest danax Posted May 9, 2006 Share Posted May 9, 2006 What kind of property taxes are there in CA.. Paying 5k a year seems normal to me now.I think it's like 1% unless you're locked into the taxes based on the valuation when you bought the house, which is a law they have known as Prop. 13. My parent's house there is "worth" 700K and they pay something like $200 a year in taxes. Link to comment Share on other sites More sharing options...
Smithterra Posted June 2, 2006 Share Posted June 2, 2006 Can anyone recommend a good mortgage lender?Betty Anderson at Network Funding. She is the most genuine person around, and that's very odd being a mortgage broker.She is honestly on the lookout for your best interests, not her wallets.bba@networkfundingusa.comAnd no, I am not her Link to comment Share on other sites More sharing options...
Trophy Property Posted June 2, 2006 Share Posted June 2, 2006 Betty Anderson at Network Funding. She is the most genuine person around, and that's very odd being a mortgage broker.She is honestly on the lookout for your best interests, not her wallets.bba@networkfundingusa.comAnd no, I am not herwww.Hightowerlending.com Link to comment Share on other sites More sharing options...
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