The Point of Points

What are these and why do I need them? Points are one type of fee paid at closing by you to your mortgage lender. There are two types of points: origination and discount points. Origination points are charged to recover some costs of the loan origination process. Depending on the lender, the origination point(s) may [...]

By |2018-08-10T07:26:38-04:00April 7th, 2018|Categories: Mortgage, Purchase|Tags: , , |