Tuesday, October 19, 2021

Lender Credits vs Discount Points

 

Upon submitting your mortgage application, you will receive a loan estimate which includes a breakdown of all fees/costs associated with your loan. Some fees may be self-explanatory, such as credit reports or appraisal fees, while others may need more understanding like these two.

Lender credits and discount points can give you flexible options for rates and closing costs. If you have any questions about the types of loans available let us know and we will introduce you to a local lender who can help.


We are not just a realtor we guarantee to listen, advise and advocate for you.









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