Video Transcript:
People hear “no-cost” loan and think it is completely free. But the costs don’t just vanish; they are hidden inside the higher monthly payments instead. I’m David Ghazaryan, and I structure these deals every day. We give you a slightly higher rate. That extra money creates a credit to pay fees. The only math that matters is this. If total costs are four thousand dollars, and your savings are two hundred monthly, it takes twenty months. (Data may vary over time) This makes your choice very simple. If you might sell your house in two years, the no-cost loan is smart. Staying longer? Pay the fees. There is a hidden problem nobody mentions. You are resetting your thirty-year clock. A seven-year-old loan becomes a thirty-seven-year debt. It adds years. This is just the first layer of the system. My complete analysis is in the full article and on all my social channels. See the links.
Read Blog Here: https://www.iqratemortgages.com/blog/are-no-cost-va-irrrl-loans-in-texas-a-good-deal
