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Listen "Daily Mortgage Rates LIVE - 02/02/2024 - 2nd Mortgages for Primary Homes"
Episode Synopsis
Welcome to "Daily Mortgage Rates Live," your trusted source for navigating the ever-changing landscape of mortgages. In this episode, we shine a spotlight on an important financial strategy— "2nd Mortgages for Primary Homes."Join our expert hosts as they delve into the intricacies of securing a second mortgage on your primary residence. Whether you're a homeowner looking to fund home improvements, cover educational expenses, or address financial goals, this episode provides crucial insights into how 2nd Mortgages for Primary Homes can be a strategic financial tool.Our insightful guests, featuring seasoned mortgage specialists and financial advisors, share key information on eligibility criteria, application processes, and the unique considerations associated with securing a second mortgage on your primary residence. Discover how these specialized financial tools can unlock additional funds while leveraging the equity you've built in your home.Stay tuned to "Daily Mortgage Rates Live" to stay informed about the latest developments in mortgage rates and explore a diverse range of financial tools designed to meet your unique needs. For more episodes visit: https://themortgagecalculator.com/Page/Daily-Mortgage-Rates-LIVE-Video-Podcast Disclaimers: The principal and interest payment on a $400,000 30-year Fixed-Rate Loan at 6.375% and 80% loan-to-value (LTV) and 760 credit score is $2,495. The Annual Percentage Rate (APR) is 6.722% with estimated finance charge of $10,000. The principal and interest payments, which will continue for 360 months until paid in full, does not include taxes and home insurance premiums, which will result in a higher actual monthly payment. Rates current as of 3/5/2024. Subject to borrower approval. Disclosure: All lending products are subject to credCatch all the episodes of Daily Mortgage Rates LIVE at https://themortgagecalculator.com/Page/Daily-Mortgage-Rates-LIVE-Video-Podcast Check out all episodes of Daily Mortgage Rates LIVE at https://themortgagecalculator.com/Page/Daily-Mortgage-Rates-LIVE-Video-PodcastThe Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) that specializes in using technology to enable borrowers to access Conventional, FHA, VA, and USDA Programs, as well as thousands of Non-QM mortgage loan program variations using alternative income documentation! Using The Mortgage Calculator proprietary technology, borrowers can instantly price and quote thousands of mortgage loan programs in just a few clicks. The Mortgage Calculator technology also enables borrowers to instantly complete a full loan application and upload documents to our AI powered software to get qualified in just minutes! Our team of licensed Mortgage Loan Originators can assist our customers with Conventional, FHA, VA and USDA mortgages as well as access thousands of mortgage programs using Alternative Income Documentation such as Bank Statement Mortgages...
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