Daily Mortgage Rates LIVE - 12/06/2023 DSCR Loans

06/12/2023 21 min
Daily Mortgage Rates LIVE - 12/06/2023 DSCR Loans

Listen "Daily Mortgage Rates LIVE - 12/06/2023 DSCR Loans"

Episode Synopsis

Welcome to "Daily Mortgage Rates LIVE," your trusted source for staying informed about the dynamic world of mortgage rates and financing.In this episode, we're delving into a specialized category of loans—Debt Service Coverage Ratio (DSCR) Loans. Tailored for real estate investors and business owners, DSCR Loans bring a unique approach to mortgage financing.Join us as we unravel the intricacies of DSCR Loans, exploring how lenders assess income-generating properties based on their ability to cover debt obligations. Whether you're a seasoned investor or simply intrigued by innovative financing solutions, this episode provides essential insights to navigate the complexities of real estate finance.Tune in and elevate your understanding on this episode of "Daily Mortgage Rates LIVE."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 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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