Unveiling the Power of VA Mortgages: 3 Compelling Reasons Why They’re Game-Changers

Welcome to Texas Home Loans YouTube channel helping you out getting your VA mortgage. I hope you like my Los pos Hermanos. As Gus Spring famously said, in Breaking Bad and Better Call Saul, little Homage. This is a legitimate but off eBay original issue, not a cheap remake. So hope you guys appreciate it.

Love that show. Anyway, back to me helping you guys unveiling the power of VA mortgages. Three compelling reasons why they’re game changers. In this video, we’re going to explore the benefits of VA mortgage and why it helps you as a homebuyer. Whether you’re a military veteran or an active duty member. VA mortgages offer unparalleled advantages you shouldn’t miss out on.

Number one, increase your purchasing power. VA mortgages come with the incredible advantage of requiring no down payment and you have no monthly mortgage insurance. So this means you can purchase a home without worrying about upfront costs, allowing you to save considerable amounts of money that can be used towards other expenses or investments.

With VA mortgages, you can achieve homeownership sooner and make your dreams a reality. No mortgage insurance. No more insurance. This is the only mortgage product. No mortgage insurance. No monthly mortgage insurance. There’s no PMI. So you don’t have this extra layer, another bill instead of you got your mortgage, normally your mortgage bill or taxes and insurance.

Well, with the PMI, you have mortgage bill, tax, insurance, and then PMI. So you got another bill and that can be hundreds of dollars a month, thousands of dollars a year hundreds of thousands of dollars over life alone. This does drop off later, but that’s a gray area. And I can go into details on that.

I’ve got other videos about mortgage insurance. So this saves you a hundred dollars hundreds of dollars per month. Number three, lower interest rates. The VA loan. Only at lenders that charge a lower margin, like myself, gives you a lower interest rate than a regular loan. Why is that? Because your VA loan is insured by the Veterans Administration because of your service.

That insurance protects the lender, so a lower interest rate VA loan is worth the same as a higher interest rate conventional loan. But, most banks move that up. and they triple their margins on veterans. It’s a dirty secret. I’ve talked to veterans that have actually worked in financial industry, and it just made their stomachs turn once they saw what was behind the camera.

That is almost every lender, every bank. You can see it. The numbers don’t lie. I could show you raw pricing. This is this is a dirty secret. These companies pay hundreds of millions of dollars, but the profits bigger than the fines. So they keep doing it. Google. overcharging veterans, overcharging minority veterans.

You’re going to see some names that I’m not going to mention because they got big legal teams. I don’t want to get messed up in something like that. I’m just a little guy, but I’m a little guy who charges a fair amount. And just because I’m charging a fair amount, I’m so much better than the rest of the people because they’re all doing it.

It’s a bad, it’s a dirty practice and it bothers me and I get emotional about it because I know a lot of my veterans have served our country. They come back from the sandbox. They’re not right. Yeah. They got stuff wrong in their head, wrong with their body, sometimes both, and they’re just, they’re paying a price and they deserve, they paid for a better mortgage with their service and they paid for that insurance to have a bank.

Just increase the margins on them. I mean, what kind of a weird world do we live in where this is okay? Well, that’s what we’re pulling back the curtain. And when people see this, my veterans wouldn’t call the previous lenders back. Now, who sets that pricing? It’s the owner of the mortgage company. I’m the owner of Texas Home Loans.

I set the pricing. So the loan officer you’re talking to, that money’s been stolen so far upstream, they don’t even see it. But the owner of that company is doing it. If you look at the numbers there, it’s almost every single lender. There’s like one other lender in the whole state of Texas that I know that doesn’t do this.

So, That being said, I hope, I hope this, this, this helps you with your loan. We’ve got unbeatable advantages for veterans. Stay tuned for upcoming videos. Hope you found this content valuable. Give us a call anytime, 830 929 7100. Leave us a voicemail or we’ll answer. Email anytime, scott@texashomeloans.com.

com or check out our website. www.texashomeloans.com. You can click on there, get more information. I’ve got tons of videos on there. Hope you, hope you like this and thank you for your service.