Tag: zero closing cost mortgage

4 mistakes that increase a Borrowers Mortgage Closing Costs

1). Don’t Overpay On Discount Points Discount points are a one-time, upfront fee paid at closing which gets a homeowner access to lower mortgage rates than “the market”. They’re paid as a percentage of your loan size such that 1 discount point carries a cost equal to 1% of your loan size. 2). Opt For […]