Search Results for: Buy now

Will Applying for a Mortgage Drop My Credit Score

Will Applying for a Mortgage Drop My Credit Score Will applying for a mortgage drop your credit score? Have you been letting hard inquires stop you from getting a mortgage? I am going to breakdown exactly why you shouldn’t let that stop you anymore and help give you a better understanding of exactly how credit […]

Will Applying for a Mortgage Drop My Credit Score

Will applying for a mortgage drop your credit score? Have you been letting hard inquires stop you from getting a mortgage? I am going to breakdown exactly why you shouldn’t let that stop you anymore and help give you a better understanding of exactly how credit inquiries are scored! #DamienLGrant #MortgageMondays #CreditScore Click here to […]

What is Inflation and What Does it Mean for Mortgages?

If you have tuned into the news recently, talks of COVID are slowly eroding away, now being replaced by a new concern: inflation. Rising inflation has caught the attention of expert economists all over the world over the last few months. According to the U.S. Labor Department, inflation hit a staggering new 40-year high in […]

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 […]

Rethinking ARMs in Today’s Rate Environment

Rising interest rates are just one of many contributing factors that have made homebuyers a bit pessimistic regarding the current housing market. Considering that 87% of all homebuyers are known to have used some sort of financing for their next home purchase, rising rates seem like a reasonable concern.1 But the fact remains that there […]

Ways to Leverage Rising Rates to Your Advantage

Nobody likes to hear that interest rates are on the rise. It’s hard to be a new homebuyer and not associate looming rate hikes as yet another hoop to jump through in the journey to becoming a homeowner. Recent data from the National Association of Home Builders (NAHB) found that 87.5 million households can no […]

Industry Preparing for Implementation of Desktop Appraisals Come March 2022

If you are looking to buy a new house or refinance an existing mortgage, chances are your lender will probably require an appraisal inspection before they will approve you for a new mortgage loan. Lender’s use appraisal reports to get feedback on the property’s fair market value and condition. While appraisal reports have been widely […]

Ditch the Paystubs with the all New Direct Deposit Income Verification

You may recall back to your very first job, opening your paycheck for the first time and even complaining about how much the government took out in taxes. While this may seem like a distant memory, the truth is that many borrowers still opt to collect a paper paycheck. But this is soon to be […]

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 […]

Using Positive Rental Payment History for Mortgage Eligibility

Being a first-time home buyer comes with its fair share of challenges. Not only do you have to figure out how to navigate the complexities of the home buying process, but you also must do so while competing against other buyers who are just as hungry to become homeowners. Roughly 31% of all home buyers […]