Video Transcript:
A "no-cost" loan offer sounds like free money. But there is a huge catch people miss. The money doesn't disappear; it's just hidden inside the loan. My full name is David Ghazaryan. I structure these exact loans. I make sure you see exactly where every single dollar goes before you agree. Lenders hide costs in two simple ways. They add them to your total loan amount, making it bigger. Or they give you a higher interest rate. We must do one simple math problem. Divide the total costs by your monthly savings. This number tells you how many months until you actually save money. This number is truly the most important part. If you sell your home before this time is up, you will have lost money on the deal. I share more on my social pages. The full story is on my website. All links for this information are waiting for you in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/the-true-cost-of-a-no-cost-va-irrrl-in-florida
