Ross Mortgage News

Ross Mortgage 2021 Year in Review

December 22, 2021

We’re quickly closing in on the end of another fantastic year. The Ross Mortgage team would like to take this moment to highlight some of the achievements we accomplished this past year and our top blog posts from 2021.

Expanding Lending Options with New Loan Products

Depending on where you are in the homebuying process, the right lending solutions can make a huge difference. We pride ourselves on offering a wide variety of products for homebuyers and ensure we can address the most unique situations. 2021 proved to be a great year for expansion in the realm of loans available to clients. Some products we introduced this year include:

Guaranteed Pre-Approval

A Guaranteed Pre-Approval turns run-of-the-mill home bids into cash offers, enabling sellers to accept with confidence knowing it’s as strong as, or superior to, any other offer they receive. To sweeten the pot, if the mortgage can’t close for whatever reason, Ross Mortgage pays the home seller $1,000—no strings attached—to ensure they can expect a timely, guaranteed closing.

Down Payment Assistance

Geared toward homebuyers who may need help coming up with down payment or closing costs, the Ross Mortgage Down Payment Assistance Program (DPA) turns our customers into homebuyers. With Ross Mortgage DPA, homebuyers have the opportunity to receive 3.5% of their dream home’s purchase price or appraised value (whichever is less). The amount they receive can be used for the down payment or closing costs.

Expanding to New Communities

Everyone deserves a great partner in the mortgage lending and homebuying process. To make that a reality, we’re constantly looking for the markets and individuals to make healthy, sustainable growth possible. We’re excited to share that we opened two new branches this year in Glasgow, Kentucky, and Culpeper, Virginia.

Read more about our Glasgow branch, managed by Matthew Stevens, in this introductory post. And you can learn more about Scott Morris, who manages our Culpeper branch, and his team by reading their introductory post.


Top Blog Posts of 2021

Industry News

If you’re in the market for a new home, you are likely aware of the difficulties that arose for many during the height of the COVID-19 pandemic when it came to finding and closing on a dream home. Ross Mortgage Loan Officer Jenny Miller provides insights on why the fall might be the best time for you to jump into the homebuying market, especially if you are a parent with children that will need to relocate to a new school.

As of June 2021, the Federal Housing Administration (FHA), unit of the Department of Housing and Urban Development that provides insurance on mortgages as little as 3.5% down, has changed the way student loan payments are counted when determining eligibility for federally insured mortgages.

Ross Mortgage News

An exciting new program is making it easier for you to get your dream home faster and with more money in your pocket. Geared toward homebuyers who may need help coming up with down payment or closing costs, the Ross Mortgage Down Payment Assistance Program (DPA) can turn you into a homebuyer today.

As Ross Mortgage continues to expand its presence across the nation, we are thrilled to announce the opening of a new office in the state of Virginia. The new branch is located at 1100 Sunset Avenue, in the town of Culpeper.

What can a normal homebuyer do to stand out today? As champions for prospective homeowners, our team has spent months trying to solve this question. And we did—by introducing the Guaranteed Pre-Approval from Ross Mortgage.

Mortgage Advice

USDA loans help make owning a home more accessible and affordable for those who are living in rural and suburban areas. USDA loans are backed by the U.S. Department of Agriculture as part of its USDA Rural Development Guaranteed Housing Loan program, but many are unaware of these types of loans and how they work.

Buying a new home is a huge life moment that can be a mixed bag of excitement as well as stress. But no matter what you are feeling, closing day marks the end of one journey, and the beginning of a new one, as a homeowner. That is why we’ve compiled this list of things to think about to help this life-cycle moment go more smoothly and to get you prepared for the big day.


With an incredible 2021 behind us, we look forward to building upon our successes to make 2022 an even more prosperous year.