Ask for 🔺 Higher Interest Rates!

4.1K viewsabout 4 years ago0m 29sScore: 75

Sean Pan

Regulations & Compliance
beginner
Expenses

Summary

The video presents a tactic to negotiate with a lender and offer to pay a slightly higher interest rate on a mortgage loan in exchange for lender credits. This strategy can help cover most, if not all, of the closing costs, thus minimizing the amount of money needed at the closing table.