Daily Mortgage Rates LIVE - 06/06/2024 - VA Loans

Welcome to another exciting episode of "Daily Mortgage Rates LIVE," your trusted source for the latest insights, trends, and expert advice in the mortgage industry. Today, we're focusing on a special type of loan that has helped countless veterans achieve the dream of homeownership: VA Loans.

Are you a veteran, active-duty service member, or an eligible spouse looking to buy a home? VA Loans offer incredible benefits that can make the homebuying process smoother and more affordable. In this episode, we dive into the details of VA Loans, exploring how they work, who qualifies, and the many advantages they provide.

Join our host and a team of knowledgeable mortgage professionals as they explain the unique features of VA Loans, including no down payment requirements, competitive interest rates, and the absence of private mortgage insurance (PMI). We’ll break down the eligibility criteria, application process, and the essential documents you’ll need to get started.

Hear inspiring stories from veterans who have successfully used VA Loans to purchase their homes, and learn from their experiences. Our experts will also share tips on maximizing your VA Loan benefits, understanding the VA appraisal process, and navigating potential challenges.

Don’t miss this engaging and informative discussion—tune in to discover how VA Loans can help you achieve your homeownership dreams and secure a brighter future for you and your family!

About The Mortgage Calculator:

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 over 5,000 Non-QM mortgage loan programs 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 over 350 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, P&L Mortgages, Asset Based Mortgage Programs, No Ratio CDFI Loan Programs, DSCR Investor Mortgages, Commercial Mortgages, Fix and Flip Mortgages and thousands more!

The Mortgage Calculator is a registered DBA of Mortgage Calculator Company LLC. NMLS ID #2377459. Programs and rates are subject to change without notice. Mortgage Calculator Company LLC is licensed in the following states that require specific licensing disclosures: AZ (#1040352), CA CFL (60DBO-171188), GA Georgia Residential Mortgage Licensee (#2377459), IL MB.6761755 Illinois Department of Financial and Professional Regulation, Division of Banking, 100 West Randolph, 9th Floor, Chicago, IL 60601 1-888-473-4858. Not licensed or conducting business in New York.

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.