Texas mortgage broker
Yes. Danny Granger (NMLS #920614) is a mortgage broker licensed in Texas through Lumin Lending (NMLS #2716106). He helps Texas homeowners use their equity with a cash-out refinance or HELOC to pay off debt or improve their home, and helps investors finance Texas rentals with DSCR loans, shopping each loan across over 100 wholesale lenders.
Turn your home equity into cash to pay off higher-cost debt or fund home improvements, rolled into one new first mortgage.
How it works →Keep your current first mortgage and open a line of credit or a fixed second loan against your equity instead.
See HELOC options →Finance or cash out a Texas rental based on the property's rent instead of your tax returns, depending on the program.
DSCR loans →Conventional, FHA, VA, jumbo, bank statement, non-QM and reverse mortgages, shopped across over 100 wholesale lenders.
All programs →Daniel McGrail-Granger (known as Danny Granger) holds a Texas Residential Mortgage Loan Originator License, NMLS #920614, sponsored by Lumin Lending, Inc., NMLS #2716106. You can verify both on NMLS Consumer Access. See every state I am licensed in on the licensing page.
Yes. Danny Granger (legal name Daniel McGrail-Granger) holds a Texas Residential Mortgage Loan Originator License under NMLS #920614, sponsored by Lumin Lending, NMLS #2716106. Both licenses can be checked on NMLS Consumer Access.
Yes, if you have the equity and fit the program. A cash-out refinance replaces your current mortgage with a new, larger one and pays you the difference in cash, which many Texas homeowners use to pay off credit cards and other debt or to fund home improvements. How much you can take out depends on your home's value, your current balance, your credit and the program. In Texas, a cash-out on the home you live in follows the state constitution's home equity rules: up to 80 percent of the home's value across all liens, a 12-day waiting period, and a closing at a lender, attorney or title office. I walk every Texas client through the timeline up front.
Yes, for investment properties. A DSCR loan qualifies mainly on whether the property's rent covers its monthly housing cost, so many investors qualify without using their personal tax returns, depending on the program. It's for rentals, not the home you live in.
No. Applications, documents and disclosures are handled by phone, email and secure e-sign, so where I sit doesn't matter. Your closing happens in Texas with a title company, closing agent or attorney, following how closings are done in your state.
A bank can only offer its own loans. As a broker I compare programs and pricing from over 100 wholesale lenders for your Texas property and match you to the lender whose guidelines fit your situation.
Program availability, guidelines, and pricing vary by lender and by the state where the property is located, and change without notice. This page is educational, not a credit decision or an offer, and it is not tax or legal advice. Program restrictions apply.
