Today I'm joined by Tony Gillard from www.my mortgageguytony.com.

Tony puts people in the biggest debt of their life, and they SMILE about it!!

He also wrote the Book about “Buying a Home: Secrets Revealed. A Behind The Scenes Look at How the Mortgage Process Really Works”.

You are going to want to listen to the end to hear Tony's take on how and which home borrows are most affected by this crisis and changes in mortgage banking. 

Click here to get a free copy of his book

PPP Eligibility calculator from Cain Watters 

Here is the critical part of getting immediate access to $10,000 as part of the PPP CARES Act

1. Go to https://covid19relief.sba.gov/#/

2. Fill out the application

3. On the page titled “Additional Information”, make sure to click on “I would like to be considered for an advance of up to $10,000”

4. Complete application

**UPDATE 04-06-2020*** 

Here is a  copy-paste from the SBA :

We know you are facing challenging times in this current health crisis. The U.S. Small Business Administration is committed to help bring relief to small businesses and nonprofit organizations suffering because of the Coronavirus (COVID-19) pandemic.

On March 27, 2020, President Trump signed into law the CARES Act, which provided additional assistance for small business owners and non-profits, including the opportunity to get up to a $10,000 Advance on an Economic Injury Disaster Loan (EIDL). This Advance may be available even if your EIDL application was declined or is still pending, and will be forgiven.

If you wish to apply for the Advance on your EIDL, please visit www.SBA.gov/Disaster as soon as possible to fill out a new, streamlined application. In order to qualify for the Advance, you need to submit this new application even if you previously submitted an EIDL application. Applying for the Advance will not impact the status or slow your existing application.