🔻 How to get a 2.5% interest rate in today's market! #shorts
752.5K viewsover 2 years ago1m 0sScore: 75
Sean Pan
Summary
This video explains how to potentially get a much lower interest rate (e.g. 2.5% vs 7.5%) by assuming the seller's existing government-backed loan (VA, FHA, USDA). While you still have to qualify for the loan, the potential savings over the loan's lifetime can be significant, but you must cover the difference between the outstanding loan balance and the home price.
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