Learn why you should NEVER say NO to a Free VA Streamline

1. Why you should NEVER say NO to a
Free VA Streamline
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2. Why would you ever say NO to
something for Free?
• You feel it is too good to be true.
• Your idea of Free and my idea of Free may be
different (it wont be)
• You learned in life nothing is Free
• You would NEVER say no to FREE
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3. So what is a Free VA Streamline
• When we define FREE in the mortgage world it
could mean the following:
– No discount points to buy down rate
– No origination fee to do the loan
– Nothing is added to your loan balance
– No cash due from you at closing
– Someone is going to pay for all your closing costs
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4. What is Low VA Rates Free Streamline?
• You will not pay discount points
• You will not be charged the 1% loan origination
fee (customary in industry)
• We will cover all third party fees such as:
– Title and underwriting or processing fees
• What fees will be rolled into your loan?
– In some cases none (larger your loan amt, less likely
you are to have fees rolled in)
– VA funding fee (minimal on a streamline) if applicable
– Your impound account for taxes and insurance
– Unpaid mortgage interest
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5. If anything is added or charged on my
loan, then Why would I do this?
• Example: You have a loan now at 3.75%
fixed for $300,000 and your PI payment is
$1389.35 a month.
• We offer you a 305,000 loan (costs
added) at 3.25%/APR 3.312% and your PI
payment is going to be $1327.38
• You save $62 every month Nmls# 174697

6. So you add $5000 to your loan, how is
the Free or Smart? Nmls# 174697
• 5,000 added (impounds, interest, etc)
• You save $62 every month
• You will not make at least one payment after the loan funds
($1389 saved)
• You will get an escrow/impound refund from current
lender. (estimated at $1500-$2000 saved)
• If you take the $3200 saved and add it into your first
payment on new loan your balance will drop to $301,861
on Day 1!
• So your true cost is $1681 and you divide that by $62
monthly saved and you break even in 30 months!
• It is also possible to potentially defer two payments or have
more of the 3rd party fees paid for or covered completely

7. Call us for a Free No Obligation
analysis of your Loan?
• The simple fact is, just like discussed in slide
1, most of us will not even consider this for
misconceptions we have, or other reasons that
are just closing our minds to a good opportunity.
• If you call us we can discuss your EXACT options.
You may be able to qualify for something much
better
• Your loan amount, current rate, credit rating, etc
all impacts what we can and cannot do for you
• We would love for you to at least hear what we
can do. Nmls# 174697

8. We are a leader in VA LOANS
Become educated at www.youtube.com/lowvarates
Presented by LowVARates.com Nmls# 174697