Getting a VA Mortgage Loan in Helotes, TX

Transcript

Hello, this Texas welcome from Texas Home Loans. We’re here to help you with all of your purchases, conventional, F H A VA Jumbo Land purchases. One of the strengths that we have is something we don’t do. Most lenders move up their margins, their profit margins on va. Why do they do this? It’s because the VA loans are inherently lower cuz the insurance placed in net loan based on your service, the banks move the rates up and sometimes they triple our, quadruple the margins on our veterans here at Texas Home Loans, we don’t feel that those lower rates should be given up in place of higher margins just so a lender can balance their books.

We think this is inherently wrong and it bothers us on a moral and emotional level, so we have the same margins. How you can tell if a lender is doing this, I’ve got links below that shows you there should be a large difference between the conventional rate and the VA rate if there’s not a large difference.

Some days it’s as much as one and a half percent lower for. You don’t see that on the retail side because the lenders have figured out how to move. The va rates up. They make more, cuz the higher they move the rate up from the wholesale rate, the more the margin is. This could be 2, 3, 4, 5 times more profitable.

Than a conventional loan. So why should they make more In a veteran that served our country, why should they take that lower rate? That lower rate could be hundreds of thousands of dollars in payments, less. Well, Lotus, we think that you deserve those lower rates. We think that your service, that the insurance placed on that based on your sacrifices for your country.

Some of you don’t come back. Some of you come back and there’s some pieces missing physically, emotionally. Financially those are, that’s a price you paid and you should get the reward for that, not some lending department that feels like they can take that profit from you. So we’re here to give that profit back to you and you’ll be shocked at how low our rates, our quotes are.

And we’re not making anything extra. We’re actually not doing anything special. We’re just not doing the bad things the other lenders are doing. And we can show you on paper. The numbers don’t lie. It’s right there. It’s in all the advertisements. It’s a smoking gun. Lenders pay fines for this. Rocket mortgage paid a 400 million fine for this a couple years ago, overcharging veterans, and it’s this exact practice, it’s.