Скачать или смотреть What are Points when getting a Mortgage in 2022?

Points can add leverage to your payment strategy....

A seller can pay these, a lender can absorb these, you could even receive a gift (gift funds) to pay these.

To be clear- Points are simply pre- paid interest you pay at the time of closing to reduce your mortgage rate.

One additional benefit to paying for points is depending on the type of occupancy you plan to have with the home; Points are tax deductible.

For me, I always find it interesting when someone says "I won't pay POINTS". Without fully understanding the market you are asking for a higher rate.

Considering that owning is a long term investment- it's best you know how to leverage your savings into the future.

If you have any questions. LMK.

I'm here to help!