Sunnyview, What are Points?.. Also, are there web pages that answer these quest

Profile picture for Muddslide
ions?  I think You ought to have your own Webpage!!!  Your advice is excellent!
Have a nice day!!!!

Rob
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February 05 2009 - Sierra Madre
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Profile picture for sunnyview
You are so sweet to say that. You made my day :) To answer your question, a point is 1% of the total mortgage amount. So if your mortgage amount is going to be 150,000 a point on that mortgage would be $1500. Here is a page that discusses typical mortgage costs including points here. If you need more info on a mortgage, you can always ask the lenders in the mortgage forum. They are very professional and knowledgeable here. You have a great day too!
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February 05 2009
 

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