APR VS INTEREST RATE | The difference between APR and Interest Rate

Описание: What is the difference between APR and Interest Rate? APR vs Interest rate and why shopping lenders by comparing just APR is wrong? What is APR? Loan Officer in The Woodlands answers all these questions in this video! You can learn more about the home buying process here:    / peteroreziak  


Learn about the following in this video:
What is APR? Annual Percentage Rate
What is the difference between APR and Interest Rate
APR VS Interest Rate
Why shopping lenders using APR is just wrong


00:00 Intro About Video / APR vs Interest Rate
01:08 The Interest Rate
01:19 APR (Annual Percentage Rate)
02:34 Fees That Go Into APR
03:12 My 3 Issues with APR
04:50 What To Do Instead
05:47 Who Can I Help? Let's Connect


Learn everything you need to know about buying a home in Texas on this channel! Texas Mortgage Lender in The Woodlands talks about buying a house in Texas. Helping families successfully finance their home purchase all over Texas: The Woodlands, Spring, Houston, Austin, Dallas, San Antonio and More.


Are you buying a home in Texas or refinancing? I'll be happy to help!
Call or text me directly 832-492-3786


Peter Oreziak, NMLS # 851095
Senior Loan Officer | Mortgage Lender
https://www.OurFavoriteLender.com