Daily Mortgage Rates LIVE - 1/2/2023 DPA Loans

02/01/2024 18 min
Daily Mortgage Rates LIVE - 1/2/2023 DPA Loans

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Episode Synopsis

Welcome to another episode of "Daily Mortgage Rates Live," your go-to podcast for staying informed about the latest trends and innovations in the world of mortgages. In this installment, we turn our attention to an essential topic for aspiring homeowners— "DPA Loans," exploring the landscape of Down Payment Assistance.Join our experienced hosts as they unravel the details of Down Payment Assistance (DPA) Loans, a valuable resource for individuals and families seeking to overcome the hurdle of a substantial down payment. Whether you're a first-time homebuyer or navigating the real estate market, this episode provides key insights into how DPA Loans can open doors to homeownership.Our expert guests, featuring seasoned mortgage specialists and financial advisors, share essential information on eligibility criteria, application processes, and the various forms of assistance available. Learn how DPA Loans work, who qualifies, and how they can make the dream of owning a home more attainable for a diverse range of individuals.Stay tuned to "Daily Mortgage Rates Live" to remain up-to-date on the latest developments in mortgage rates and explore diverse financial tools designed to empower your homeownership journey.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 curCatch 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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