Listen "Daily Mortgage Rates LIVE - 03/04/2024 - No Seasoning Cash Out Refinance Loans"
Episode Synopsis
Welcome to another episode of Daily Rates Live! Today, we're diving into a hot topic in the mortgage industry: "No Seasoning Cash Out Refinance Loans."Join us as we unpack the ins and outs of these loans, which allow homeowners to access equity without waiting for a specific seasoning period. We'll explore the benefits, potential risks, and eligibility criteria associated with no seasoning cash-out refinances, providing valuable insights for both borrowers and mortgage professionals.Whether you're a homeowner considering a cash-out refinance or a mortgage professional looking to stay ahead of the curve, this episode promises to deliver valuable information and expert analysis.Tune in now to stay informed and empowered in today's ever-evolving mortgage market! For more episodes visit: https://themortgagecalculator.com/Page/Daily-Mortgage-Rates-LIVE-Video-PodcastDisclaimers: 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 notice. Not all products are available in all states or for all amounts. Other restrictions & limitations apply. Catch 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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