loan options: Do I pay a point or not? - 02/21/08 07:33 AM
There really is not a benefit in paying point. Points are a means of buying down you interest rate. The average Mortgage broker will tell you that paying a point will only take 3-5 years to recoup. However the numbers do not bear this out. Here is why! What if you (6 comments)
Related Links:
Christopher Hills, Managing Dir. Commercial Lending
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.