Category Archives: Fund Your Mortgage TV

What are The Pros and Cons of A Cash Out Refinance.

D͟i͟d͟ Y͟o͟u͟ K͟n͟o͟w͟? that there’s not one but two different types of mortgage refinances? Rate & Term and Cash Out. Today’s video is all about the pluses and minuses of a cash out refinance. ———————————————————- 👉 Please subscribe: https://www.youtube.com/c/DamienLGrant ———————————————————- When you hear the word refinance you might think of a standard Rate & Term […]

How to Use Your Positive Rental History to Apply for a Mortgage!

Using Positive Rental History to Qualify for a Mortgage

Did you know that you can use your positive rental history to apply for a mortgage! Learn how to qualify for a home loan using your rent payments. ———————————————————- 👉 Please subscribe: https://www.youtube.com/c/DamienLGrant ———————————————————- The addition of positive rental history can be used as a compensating factor during the underwriting process. This is especially beneficial […]

Mortgage Industry Overview | Implementation | Desktop Appraisals

  Did you know Fannie Mae has recently made changes to help with favoritism in certain areas by implementing Desktop Appraisals. In this video I will explain what this means for the mortgage industry. ——————– ▶️ Please subscribe: https://www.youtube.com/c/DamienLGrant ——————– When buying a new home or refinancing an existing mortgage, lenders may request an appraisal […]

How To Use Credit Card Rewards Towards Your Down Payment

How To Use Credit Card Rewards | Ways To Use Your Credit Card Points 👍Subscribe👍 Here!! 👇👇👇👇 www.youtube.com/c/DamienLGrant Are you thinking about buying a home? Well you will want to make sure you watch this video because I’m going to explain how credit cards, cryptocurrency and even life insurance can be used to get you […]

It’s now WAY Easier for Self Employed Borrowers! Fannie Mae and Freddie Mac just Made it Easier!

Are you Self Employed? Well great news for you! Fannie Mae and Freddie Mac have updated their guidelines to help you! Fannie Mae recently announced that they will no longer need P&L’s for self-employed borrowers. Click here to Book A Call 👉 https://b.link/bookacall Get Pre-Approved here 👉 https://b.link/pre-qualify 👍Subscribe👍 Here!! 👇👇👇👇 www.youtube.com/c/DamienLGrant Click here to […]

Fannie Mae’s New “REFINOW” Option, Helps Lower-Income Borrowers.

Fannie Maes new RefiNow™ option, which is available for qualifying homeowners with a Fannie Mae-owned mortgage began June 5, 2021, makes it easier for eligible homeowners earning at or below 80% area median income (AMI) to refinance at a lower interest rate and reduce their monthly mortgage payment. Are you below the 80% area median […]

Understanding FHA Mortgage Insurance Premium (MIP)

If your are in the market for an FHA Loan, Did you know that FHA Mortgage Insurance Premiums are required for the life of the loan? Watch this video to get a better understanding on FHA Mortgage Insurance Premium (MIP). Learn what FHA Mortgage Insurance Premium means, and how it applies to your home buying […]

What is Loan to Value Ration (LTV) and why is it important?

What is Loan to Value Ration (LTV) and why is it important? Intro 0:10 | LTV Defined 0:45 | LTV Purchase vs. Refinance 1:47 | Common LTV 1:02 | Calculating LTV 2:34 | Why LTV is Important 3:38 | Benefit of Low LTV 3:57 | Outro 4:27 Did you that a lot of people assume […]

Fannie Mae’s New Refinance Option ( REFINOW ) Now Helps Lower-Income Borrowers.

Fannie Maes new RefiNow™ option, which is available for qualifying homeowners with a Fannie Mae-owned mortgage began June 5, 2021, makes it easier for eligible homeowners earning at or below 80% area median income (AMI) to refinance at a lower interest rate and reduce their monthly mortgage payment. Are you below the 80% area median […]

What Exactly is PMI or Private Mortgage Insurance?

You might have heard the term PMI or Private Mortgage Insurance if you’re applying for a Conventional Loan and putting down less than 20% down on a home or maybe you’re like PMI “What the Heck is That?” either way make sure you watch this video as I explain what it is and how to […]