Category Archives: Mortgage News

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

What is Loan to Value Ration (LTV) why is it important, and how to calculate LTV? Did you that a lot of people assume that when they apply for a mortgage, that the lender will only consider their current income, credit score and their credit history. Well that’s not 100% true and in this video […]

Real Estate and Mortgage Market News and Updates

Last updated 11/06/20 Mortgage Rates Continue to Hit Record Lows If you thought mortgage rates couldn’t go any lower? Think again. For the 12th time this year the average 30-year fixed rate mortgage hit a new record low at 2.78%. Mortgage rates have consistently been below 3% for several weeks now. [1] As a result, […]

5 Reasons Why Refinancing is Taking So Long Right Now

The U.S. economy remains turbulent as Americans continue to endure implemented public safety measures. But a silver lining is that as a homeowner, you can still find cheap and affordable credit within mortgage markets amidst all the chaos. The average 30-year fixed-rate mortgage fell to 2.81% in mid-October, which is the 10th time in 2020 […]

What is an Appraisal Waiver? – Appraisal Waivers Fully Explained – Everything You Need to Know!

What is an Appraisal Waiver? In this video I will fully explain everything you need to know about Appraisal Waivers, how they work and the benefits to the borrowers. Did you know that must loans today are receiving “Appraisal Waivers” during the underwriting process. So if you are purchasing a home or refinancing your current […]

New Adverse Refinance Fee

Have you been hearing about the New Adverse Market Fee and unsure exactly what is it is and if it will stop you from being able to refinance? Then you want to watch this video were I break it down and explain it in detail. #DamienLGrant #MortgageMondays #AdverseMarketFee Click here to Book A Call 👉https://b.link/bookacall […]

2021 Self Employed Income Guidelines

Are you Self-Employed and want to know if you can purchase or refinance your mortgage in this current environment? Then you don’t want to miss this video where I explain the recent changes in how lenders are going to calculate self-employed income for refinancing or purchasing a new home. #DamienLGrant #MortgageMondays #FannieMae Click here to […]

Mortgage Approval During Current Market!

Are you or someone you know thinking of applying for a Mortgage Loan? Then watch this video on how to get approved for a Mortgage the Right Way During this Current Pandemic! #DamienLGrant #MortgageMondays #MortgageApproval Click here to Book A Call 👉 https://b.link/bookacall Get Pre-Approved here 👉 https://b.link/pre-qualify Click below to download your 10 Points […]

Refinance Now – Why It’s a Great Time to Refinance Your Mortgage!

Thinking about Refinancing? Well find out Why Now Is a Great Time to Refinance Your Mortgage! #DamienLGrant #MortgageMondays #Refinance Click here to Book A Call 👉 https://b.link/bookacall Get Pre-Approved here 👉 https://b.link/pre-qualify Click below to download your 10 Points to Secure A Home Guidelines – https://b.link/10PointsToSecureAHome TWEET THIS VIDEO: https://ctt.ac/9UTLf Damien L. Grant Lending Team, […]

New Mortgage Forbearance Guidelines – Now Allows You to Refinance!

  New Mortgage Forbearance Guidelines – Now Allows You to Refinance! Everything you need to know about the recent changes to Mortgage Forbearances. #DamienLGrant #MortgageMondays #MortgageForbearance Click here to Book A Call 👉 https://b.link/bookacall Get Pre-Approved here 👉 https://b.link/pre-qualify Click below to download your 10 Points to Secure A Home Guidelines – https://b.link/10PointsToSecureAHome TWEET THIS […]

Enhanced COVID-19 Eligibility Requirements for Self-Employed Borrowers

Enhanced COVID-19 Eligibility Requirements for Self-Employed Borrowers Business owners are said to be the backbone of the U.S. economy. But when it comes to mortgage financing, sometimes they get the short end of the stick. It’s not uncommon for self-employed borrowers to jump through additional hoops in order to prove their business is solvent and […]