Exactly what are (discount) points and loan provider credits and just how do it works?

Exactly what are (discount) points and loan provider credits and just how do it works? Generally speaking, points and lender credits allow you to make tradeoffs in the way you purchase your mortgage and costs that are closing. Points, also referred to as discount points, reduce your interest as a swap spending money on an …

Exactly what are (discount) points and loan provider credits and just how do it works? Read More »