Low VA Rates / VA Loan
We applied to Low Rate VA for a 2.75% VA Loan. We were told up front there were NO POINTS. After lots of paperwork and time spent, we got the paperwork from Freedom Bank showing 2% points. When we called the Low VA Rates representative he said that is how it always was, that he never told us there were no points, which is not true. The Closing Costs were exorbitant, and it raised our loan from $362, 000 to $374, 000!!! Yes, A Lot!!!
Scam, obviously. Stay away from them.