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Daily Mortgage Rates LIVE - 11/21/2023 CDFI Loans

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Manage episode 385633394 series 3443900
Content provided by The Mortgage Calculator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Mortgage Calculator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Welcome to "Daily Mortgage Rates LIVE," your trusted podcast for staying informed about the dynamic world of mortgage rates and financing.
In this episode, we're focusing on a financial avenue with a community-centric approach—CDFI Loans. Community Development Financial Institutions (CDFIs) play a crucial role in providing access to capital in underserved communities, and their unique approach to loans brings a fresh perspective to the mortgage market.
Join us as we unravel the intricacies of CDFI Loans, exploring how these loans cater to specific communities, their benefits, and the considerations involved in this form of financing. Whether you're a potential homeowner or a financial enthusiast, this episode provides essential insights to navigate the diverse and inclusive landscape of real estate finance.
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-Podcast

The 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...

  continue reading

402 episoade

Artwork
iconDistribuie
 
Manage episode 385633394 series 3443900
Content provided by The Mortgage Calculator. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Mortgage Calculator or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Welcome to "Daily Mortgage Rates LIVE," your trusted podcast for staying informed about the dynamic world of mortgage rates and financing.
In this episode, we're focusing on a financial avenue with a community-centric approach—CDFI Loans. Community Development Financial Institutions (CDFIs) play a crucial role in providing access to capital in underserved communities, and their unique approach to loans brings a fresh perspective to the mortgage market.
Join us as we unravel the intricacies of CDFI Loans, exploring how these loans cater to specific communities, their benefits, and the considerations involved in this form of financing. Whether you're a potential homeowner or a financial enthusiast, this episode provides essential insights to navigate the diverse and inclusive landscape of real estate finance.
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-Podcast

The 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...

  continue reading

402 episoade

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