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Check out new mortgage rates from all our partners LIVE as rate sheets are issued every morning! Hosted by Nick Hiersche - President & Founder of The Mortgage Calculator and Jose Gonzalez - Sales Manager. For more info visit https://themortgagecalculator.com 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-Q ...
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In this episode of Daily Mortgage Rates LIVE, we focus on Limited-Review Condo Loans, a specialized financing option designed for buyers looking to purchase condos without going through the full, often complex, condo project review process. Limited-Review Condo Loans streamline the approval process, making it faster and easier for qualified borrowe…
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In this episode of Daily Mortgage Rates Live, we take a deep dive into Bank Statement Loans, a flexible mortgage option designed for self-employed individuals, freelancers, and those with non-traditional income streams. If you’ve ever struggled with qualifying for a mortgage because your tax returns don’t reflect your true income, this episode is f…
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In this episode of Daily Mortgage Rates Live, we’re shedding light on Foreign National Borrower Loans—a specialized lending option for non-U.S. citizens looking to invest in or purchase property in the United States. With real estate being one of the most sought-after investments, especially for international buyers, understanding the ins and outs …
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In this insightful episode of Daily Mortgage Rates Live, we’re tackling an important yet often overlooked topic in the mortgage world—ITIN Borrower Loans. These loans cater to individuals who lack a Social Security Number but hold an Individual Taxpayer Identification Number (ITIN), offering a critical pathway to homeownership for non-U.S. citizens…
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In this episode of Daily Mortgage Rates LIVE, we dive into the world of Profit & Loss (P&L) Loans, a powerful option for self-employed borrowers and business owners who rely on alternative forms of income documentation. Instead of traditional tax returns, P&L loans allow borrowers to use their profit and loss statements to prove income stability an…
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In this episode of Daily Mortgage Rates LIVE, we explore the rising interest in CDFI No Income Verification Loans, an innovative financing option that’s changing the game for borrowers with unconventional income streams. CDFIs (Community Development Financial Institutions) are known for their mission to provide more flexible lending solutions, and …
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In this episode of "Daily Mortgage Rates LIVE," we’re diving into the world of 2nd Mortgage HELOCs (Home Equity Lines of Credit), a flexible financing option that allows you to tap into your home's equity whenever you need it. If you’re looking for a way to fund a renovation project, cover education expenses, or even consolidate debt, a HELOC could…
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In this episode of "Daily Mortgage Rates LIVE," we explore an exciting opportunity for homeowners looking to make the most of their home equity—2nd Mortgage HELOANS (Home Equity Loans). If you've been wondering how to leverage the value in your home for big projects, debt consolidation, or other financial needs, this episode is a must-listen! 2nd M…
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In this episode of "Daily Mortgage Rates LIVE," we’re tackling a topic that gives hope to many aspiring homeowners: Low FICO Score Loans. If you’ve been struggling with a less-than-perfect credit score and think homeownership is out of reach, think again—this episode is for you! Having a low credit score doesn't have to be the end of your dreams of…
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In this episode of "Daily Mortgage Rates LIVE," we’re diving into the world of Low and No Ratio DSCR Loans—an innovative approach to real estate financing designed specifically for savvy investors. Whether you’re an experienced real estate investor looking for more flexibility or just starting out, Low and No Ratio DSCR (Debt Service Coverage Ratio…
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In this episode of "Daily Mortgage Rates LIVE," we uncover the untapped potential of Bank Statement Loans—an unconventional yet powerful financing option for self-employed individuals and business owners. Tired of traditional loan applications rejecting you due to fluctuating income? Bank Statement Loans could be the answer. Join our expert hosts a…
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In this episode of Daily Mortgage Rates LIVE!, we’re uncovering the ins and outs of one-time close construction loans. If you’re dreaming of building your own home or embarking on a new construction project, this episode is designed for you. Join us as we explore how one-time close loans streamline the financing process by combining both the constr…
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In this episode of Daily Mortgage Rates LIVE!, we’re exploring the transformative power of renovation loans. If you’ve got your eye on a fixer-upper or want to enhance your current property, this episode is a must-listen. Join us as we discuss the various types of renovation loans available, from FHA 203(k) loans to Fannie Mae HomeStyle options, an…
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In this episode of Daily Mortgage Rates LIVE!, we’re diving deep into the intriguing world of blanket (portfolio) loans. If you’re an investor managing multiple properties, this financing solution could be your ultimate key to streamlining your investment strategy. Join us as we explore how blanket loans consolidate multiple mortgages into one, sim…
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In this episode of Daily Mortgage Rates LIVE!, we’re diving deep into the world of short-term rental property loans. With the rise of platforms like Airbnb and VRBO, investing in short-term rentals has never been more enticing—but how do you secure the right financing? Join us as we unpack everything you need to know about short-term rental propert…
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In this episode of Daily Mortgage Rates Live, we shine a light on a unique mortgage solution—ITIN Loans. If you don’t have a Social Security Number but have an Individual Taxpayer Identification Number (ITIN), this episode is for you! We’ll explain how ITIN loans work, who qualifies, and why they’re a great option for non-U.S. citizens or undocumen…
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If you’re an independent contractor, freelancer, or self-employed and receive a 1099 instead of a W-2, you know the struggle of securing a mortgage without traditional income documentation. In this episode of Daily Mortgage Rates Live, we’re unpacking 1099 Loans, a flexible solution designed specifically for those who don’t have a conventional payc…
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In today's episode of Daily Mortgage Rates Live, we’re diving into a powerful and flexible financing tool—Asset Utilization Loans. If you're sitting on significant assets but lack the traditional income streams that banks typically look for, this episode is for you! We’ll break down how these innovative loans work, who qualifies, and why they could…
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Welcome to Daily Mortgage Rates LIVE! In today’s episode, we’re focusing on VA loans—a powerful home financing option available to veterans, active duty service members, and their families. If you’ve served in the military or are currently serving, this episode is a must-listen. We’ll delve into the unique advantages of VA loans, including the bene…
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Welcome back to Daily Mortgage Rates LIVE! In today’s episode, we're exploring USDA loans—a fantastic financing option for those looking to buy a home in rural or suburban areas. If you’ve ever wondered how to make homeownership more accessible in less populated regions, this episode is for you! We’ll break down what USDA loans are, how they work, …
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Welcome to another episode of Daily Mortgage Rates LIVE! In today’s installment, we’re diving deep into the world of FHA loans—one of the most popular options for homebuyers and refinancing. Whether you're a first-time buyer or looking to upgrade, understanding FHA loans could be your key to unlocking the door to your dream home. Join us as we brea…
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In this episode of Daily Mortgage Rates LIVE!, we explore Conventional "Affordable" Loans and what they mean for today’s homebuyers. We’ll break down the key features of these loans, including eligibility criteria, benefits, and how they compare to other loan options. Discover how Conventional "Affordable" Loans can make homeownership more accessib…
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In this episode of Daily Mortgage Rates LIVE!, we dive deep into DSCR Loans—Debt Service Coverage Ratio Loans. Join us as we explore what DSCR Loans are, how they differ from traditional mortgage loans, and why they’re gaining traction in today’s real estate market. We’ll cover the fundamentals of DSCR Loans, including their benefits for investors …
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In this episode of Daily Mortgage Rates Live, we’re delving into the essentials of Small Business Administration (SBA) loans—your go-to solution for financing and growing your business! Whether you’re launching a startup, expanding your operations, or managing cash flow, SBA loans offer a range of options tailored to different needs. Join us as we …
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In this episode of Daily Mortgage Rates Live, we’re exploring the game-changing world of CDFI No Income Verification Loans! If traditional income documentation has been a stumbling block in your path to homeownership or investment, this episode is for you. We’ll break down how Community Development Financial Institutions (CDFIs) offer a unique path…
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Ready to transform rundown properties into dazzling investments? In this episode of Daily Mortgage Rates Live, we’re diving into the world of Fix/Flip loans! Whether you’re a seasoned renovator or a first-time flipper, this episode is packed with insights on how to finance your next project and maximize your returns. We’ll cover the essentials of F…
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In this episode of Daily Mortgage Rates Live, we’re shining the spotlight on 5-10 unit property loans—a key topic for real estate investors and property managers looking to scale their portfolios! Discover the unique challenges and opportunities that come with financing multi-unit properties, and learn how these loans can help you maximize your inv…
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In this episode of Daily Mortgage Rates Live, we’re diving into the dynamic world of mixed-use property loans! Join us as we unravel the ins and outs of financing properties that blend residential and commercial spaces. Whether you’re an investor eyeing that perfect storefront with a cozy apartment above or a savvy entrepreneur with a vision for a …
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In this episode of Daily Mortgage Rates Live, we’re addressing a common concern—how to secure a mortgage with a low credit score. If you’ve been hesitant to explore homeownership because of your credit, this episode is for you! We’ll break down the types of loans available to those with lower scores, explain what lenders are looking for, and share …
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Join us on Daily Mortgage Rates Live as we demystify the powerful tool of Bank Statement Loans! If you're self-employed or have non-traditional income streams, this episode is your ticket to understanding how you can qualify for a mortgage without the usual paperwork hassle. We’ll guide you through the ins and outs of this flexible loan option, rev…
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Got self-employed clients or borrowers with variable income? In this episode of Daily Mortgage Rates Live, we’re diving into the world of Profit and Loss (P&L) borrower loans, where understanding your client's financials can be the key to securing their dream home. We’ll break down how to analyze P&L statements, navigate the unique challenges these…
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Are you self-employed or a freelancer navigating the mortgage maze? This episode of Daily Mortgage Rates Live is tailor-made for you! Join us as we unravel the secrets of 1099 borrower loans and show you how to turn your independent income into a homebuying advantage. From insider tips on getting your financial ducks in a row to expert advice on do…
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In this episode of Daily Mortgage Rates LIVE!, we’re breaking down everything you need to know about Manufactured Home Loans. Whether you’re looking to buy a manufactured or mobile home, securing the right financing can be tricky—but we’re here to simplify the process. We’ll explore the different loan options available, the specific requirements fo…
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In this episode of Daily Mortgage Rates LIVE!, we’re exploring Down-Payment Assistance Loans, the game-changer for homebuyers who need a little extra help getting into their dream home. If saving for a down payment feels overwhelming, don’t miss this episode! We’ll dive into the various programs available, how they work, and who qualifies. Whether …
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In this episode of Daily Mortgage Rates LIVE!, we’re unpacking the ins and outs of Bank Statement Loans, a flexible financing option perfect for self-employed individuals and entrepreneurs. If traditional income documentation doesn’t work for you, this episode is a must-listen! We’ll explore how these loans use your bank statements to qualify you f…
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Ready to turn your short-term rental dreams into reality? In this exciting episode of Daily Mortgage Rates LIVE!, we uncover the secrets to securing the perfect loan for your next Airbnb, vacation home, or rental flip. Whether you're a seasoned investor or just getting started, we’ll guide you through the ins and outs of short-term rental property …
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In this episode of Daily Mortgage Rates LIVE, we delve into Freddie Mac's HomePossible Loans, a mortgage program designed to help low- to moderate-income borrowers achieve homeownership with greater flexibility. We’ll explore the key features of HomePossible Loans, including low down payment options, reduced mortgage insurance requirements, and the…
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In this episode of Daily Mortgage Rates LIVE, we explore Fannie Mae's HomeReady Loans, an affordable mortgage option designed to help low- to moderate-income borrowers achieve homeownership. We’ll discuss the unique features of HomeReady Loans, including lower down payment requirements, flexible income guidelines, and the ability to use income from…
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In this episode of Daily Mortgage Rates LIVE, we dive into HELOCs, or Home Equity Lines of Credit, a flexible financing option that allows homeowners to borrow against the equity in their home. We'll break down how HELOCs work, including the draw and repayment periods, and discuss the advantages they offer compared to other types of loans, such as …
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In this episode of Daily Mortgage Rates LIVE, we explore HELOANS, or Home Equity Loans, a powerful financial tool for homeowners looking to tap into the equity they've built in their property. We’ll explain how HELOANS work, the benefits they offer, and the scenarios in which they might be the best option for accessing cash. Discover the difference…
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In this episode of Daily Mortgage Rates LIVE, we take a closer look at Interest-Only Loans, a unique mortgage option that allows borrowers to pay only the interest on their loan for a specified period. Discover how this type of loan can provide lower initial monthly payments, offering flexibility for those looking to manage their cash flow more eff…
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In this episode of Daily Mortgage Rates LIVE, we explore ITIN Borrower Loans, a vital financing option for individuals without a Social Security number who want to pursue homeownership in the United States. Designed for those with an Individual Taxpayer Identification Number (ITIN), these loans provide a pathway to homeownership for immigrants and …
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In this episode of Daily Mortgage Rates LIVE, we delve into Foreign National Borrower Loans, a unique mortgage option for individuals who are not U.S. citizens or permanent residents but wish to invest in American real estate. We discuss the key features of these loans, including the benefits and challenges they present to international buyers. Lea…
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In this episode of Daily Mortgage Rates LIVE, we explore USDA Loans, an often-overlooked mortgage option designed to help make homeownership accessible in rural and suburban areas. Discover how USDA Loans offer benefits such as zero down payment, competitive interest rates, and flexible credit requirements, making them an excellent choice for eligi…
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In this episode of Daily Mortgage Rates LIVE, we dive into the world of VA Loans, a powerful mortgage option available exclusively to veterans, active-duty service members, and eligible surviving spouses. Join us as we explore the unique benefits and eligibility requirements of VA Loans, including zero down payment options and competitive interest …
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In this episode of Daily Mortgage Rates Live, we take a deep dive into High LTV (Loan-to-Value) Loans, a financing option that allows borrowers to purchase or refinance a home with a higher loan amount relative to the property's value. High LTV Loans are particularly beneficial for those with limited cash for a down payment or for those looking to …
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In this episode of Daily Mortgage Rates Live, we delve into the world of Bank Statement Loans, a flexible financing option for self-employed individuals and those with non-traditional income streams. Unlike conventional loans that require extensive income verification through tax returns, Bank Statement Loans allow borrowers to qualify based on the…
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In this episode of Daily Mortgage Rates Live, we explore the ins and outs of Short-term Rental Property Loans. With the rise of platforms like Airbnb and VRBO, short-term rentals have become a popular investment strategy for many. But how do you finance these unique properties? We’ll dive into the loan options available for short-term rental proper…
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In this episode of Daily Mortgage Rates Live, we’re diving into the world of First-time Home Buyer Loans. Buying your first home is an exciting milestone, but navigating the mortgage process can be daunting. We’re here to make it easier! Join us as we explore the different loan options available for first-time home buyers, including FHA, VA, and US…
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Welcome to another episode of Daily Mortgage Rates Live! Today, we’re focusing on an essential topic for many entrepreneurs and freelancers: Self-Employed Borrower Loans. Navigating the mortgage landscape can be challenging when you’re self-employed, but this episode is here to help. We’ll break down the specific requirements and loan options avail…
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