Tag Archive for: paying a point

Why We Hate Paying Points (Or Think Buyers Shouldn’t)

Borrowers constantly ask if they should pay points or origination fees to buy down a loan. Our constant refrain is no, and here are the reasons why: 1. Borrowers get […]Read More

Paying a “Point”; What Do You Get? What Is A Point?

We almost always recommend “No Points” loans in the current market. One Point is 1% of the loan amount. We recommend “No Points” loans so often b/c borrowers get too […]Read More