Discount Mortgage Points

Pros and Cons for Mortgage Points

In this article we are going to disclose the essence of mortgage points. There are two types of mortgage points – discount mortgage points and origination points. Discount mortgage points are designed to decrease payments for interest. One point is a discount of 0.25% for the basic interest rate. You can purchase maximum 3 pointsContinue reading

Fixed rate mortgages

Different Types of Mortgage Loans

Potential home buyers are always in search for better loans and lower rates: no wonder, as the mortgage loans are usually the loans of a lifetime, so the approach to choosing a lender and the terms of a loan must be as thorough as possible. Mortgage loans allow borrowers to buy expensive residential or commercialContinue reading