Video Transcript:
I see those low VA IRRRL rates in your San Diego mailers; they’re not guaranteed. They are marketing tools designed to make you call, concealing variables like points. I'm David Ghazaryan. My process bypasses these ads by demanding the official Loan Estimate. This document forces transparency, showing the actual rate, all fees, and any points. The most critical calculation is your recoup period: total closing costs divided by monthly savings. For example: eighty-five hundred dollars in costs divided by five hundred thirty-five dollars savings. (Data may vary over time) A “no-cost” IRRRL isn’t free; it's a strategic choice you must consciously make. You are either accepting a higher interest rate or rolling closing costs into your balance. Rolling costs into your loan is a valid strategy, preserving your immediate cash flow. However, the systemic consequence is that you pay interest on those fees for the loan’s term. My analysis continues across my social platforms where I break down these financial structures. Read the full article for more details; see the links in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/is-your-san-diego-va-irrrl-offer-a-good-deal-how-to-tell
