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@nateloans

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Nate Moghadam

Massachusetts loan officer Nate Moghadam. FHA, Conventional, VA, Jumbo, and Non-QM loans. Book a free consultation.

3 videos

Why it worked

The video provides actionable advice on a complex financial topic, empowering viewers to avoid common pitfalls. The creator's expertise and clear explanation, combined with a direct call to action for personalized help, likely resonated with the audience.

Summary

This video explains how to identify if a mortgage lender is overcharging by focusing on Section A of the loan estimate, which details lender-controlled fees. The creator, Nate, a top loan officer, advises viewers to pay attention to these fees as they indicate hidden costs like buying down the interest rate.

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Transcript, structure and on-screen text

5 beats, a 357-word transcript and 2 lines of on-screen text — the parts you need to write your own version.

Original caption

Mortgage lenders want you to believe that giving you a low rate equals a great deal. The reality is that rate by itself means nothing, it’s all about the overall package of rate and costs. And you won’t know if you’re getting a good deal until you look at section A of the loan estimate because those are the lender specific fees. All the other closing costs will be the same between any other lender. If Section A exceeds about $1,500, you’re paying discount points to buy down your interest rate. If you want me to review your loan estimate for free send me a DM or book a 15 minute call with the L.I.N.K in my bio . . . #mortgage #mortgagetips #homebuyers