What is a Point?What is a point

What exactly is a point? We all know that a point is 1% of your loan amount but did you know there are two kinds of points and what they mean to you?

We have asked Tammy Verani from RMS, Residential Mortgage Services Inc., to do a series of short videos explaining the mortgage process and this video is the fifth video in the series. If you have any questions or suggestions for future videos please let us know and we'll ask Tammy to cover that topic. We'd love to hear from you!

This short video tackles the topic of Mortgage Points Tammy Verani can be reached via cell phone 603-505-5752 if you have any questions or want to meet with her to get pre-qualified for a home loan. If you’d like information about searching for that perfect home give us a call at 603-944-9172 or e-mail us by clicking this link>>> email Jay and Monika

Jay and Monika McGillicuddy, Southern NH and the Seacoast area real estate specialists.

Jay and Monika McGillicuddy, covering southern NH and the Seacoast area. If you’re thinking of selling or buying a southern NH or Seacoast area home give us a call…we’d love to help make your home ownership dreams come true.

E-mail Jay and Monika or call or text at 603-548-7728

Jay and Monika McGillicuddy, NH REALTORS

Prudential Verani Realty

603-944-9172 direct line

603-926-3648 office

 

 
This post has been included in New Hampshire Real Estate News
Post is included in group: Live Free or Die
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3 Comments on What's a Point | NH Mortgage Information

JAN
15
2012
106,329 Points Called Shot Master

Years ago I was told a point is just prepaid  interest.  Not sure I would ever want to pay any points on a mortgage.
11:00am • #1
819,152 Points Outside Blog Called Shot Master

Thanks for shairing info on mortgge points and best of luck in 2012.
11:00am • #2
315,754 Points 39 Featured Posts Outside Blog

Thank you both for your comments.
11:11am • #3


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Monika McGillicuddy Southern NH & the Seacoast Area

Hampstead, NH

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Prudential Verani Realty/Hampstead

Address: 314 Lafayette Rd, Hampton, NH, 03842

Office Phone: (603) 327-0247

Cell Phone: (603) 944-9172

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This blog is all about real world real estate from market conditions to community information. It offers a personal perspective and an insider look at real estate, real estate agents and the services they offer. I not only list and sell for a living but I also train other agents on all aspects of real estate sales. View Monika McGillicuddy's profile on LinkedIn


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