What are points-loan fees. EZ Mortgages & loans in Boston

What are points?

Points are loan fees that are paid to lenders and mortgage brokers. 1 point = 1% of the loan amount. There are two different types of points: origination points and discount points. Origination points are charged by a mortgage company as a fee to process and approve your loan, while discount points are used to buy down the rate of interest, and typically are passed through to the investor to secure that lower interest rate.

We have the home for your LOAN
We Say "YES" When Others Say "No"

Lowest Rates*

Free Pre-Approval

No Points No Closing Cost*

100% Loans 1-4 Units*

107% Loans

No Income Verification option*

Construction Loans

Commercial

One Day Out Of Bankruptcy

VA No Money Down

Conventional No Money Down*

FHA 3% Down

Down Payment Gift Programs

Closing Cost Assistance

100% Loans For Investors*

Jumbo loans Call now for complete details 508-894-2326
857-205-1068

Mark Alsyts - Senior Loan Officer
Centurion Funding Corp. of America
162 East Main St. Avon, MA 02322