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Listen "Daily Mortgage Rates LIVE - 02/12/2024 - Bank Statement Loans"
Episode Synopsis
Welcome to "Daily Mortgage Rates Live," your trusted source for navigating the intricate landscape of mortgages and housing finance. In this episode, we're shining a spotlight on a unique financing option – "Bank Statement Loans."Are you self-employed or have non-traditional income sources? Bank Statement Loans could be the solution you've been seeking. Join us as we delve into the details of this alternative mortgage product.In this insightful episode, our expert hosts will explore the ins and outs of Bank Statement Loans. From understanding eligibility criteria to navigating the application process, we'll provide you with the essential information you need to determine if this financing option is right for you.Whether you're a freelancer, gig worker, small business owner, or entrepreneur, this episode offers valuable insights into accessing mortgage financing tailored to your financial situation. Stay tuned for real-time updates on mortgage rates and professional advice to guide you through the mortgage process.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 credit & property approval. Rates, program terms & conditions are subject to change without notCatch 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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