Discount Points

September 7th, 2020

Bozeman Mortgage Loan Points

categories: BUYERS INFORMATION, MARKET NEWS

Bozeman Mortgage Loan Points

What are Bozeman Mortgage Loan Points aka, “Mortgage Points” or “Discount Points?” What Is A Point? One point (essentially prepaying interest) allows you to buy down 1% of the total of your Bozeman home mortgage loan. A one point buy-down on a $300,000 loan would cost you $3,000 at closing and would result in up […]

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