Posted on: 28th Jun, 2012 01:34 am
Has anyone heard of a lender adding a couple points to help pay for the closing cost?
Hi BBBB,
As far as I know, the lender can add couple of points to help pay for the closing costs. It may lower your costs by quite a few thousand.
Take care
As far as I know, the lender can add couple of points to help pay for the closing costs. It may lower your costs by quite a few thousand.
Take care
Hi BBBB,
Yes, the lender can add few points in order to lower your closing costs and make it easier for you to pay off the costs.
Thanks
Yes, the lender can add few points in order to lower your closing costs and make it easier for you to pay off the costs.
Thanks
The question and the answers confuse me.
If one pays points, that makes the closing costs higher because now you must pay points as well as all other closing costs you had to pay before the points were charged.
So, how can adding points decrease closing costs?
If one pays points, that makes the closing costs higher because now you must pay points as well as all other closing costs you had to pay before the points were charged.
So, how can adding points decrease closing costs?
