#Florida residents shopping for the best mortgage rate will hear the terminology “Paying Points” ( tax deduction) or a “no Point” loan (a higher rate sold to a borrower)
Although there is a lot that is packed into the discussion of paying points vs not ( Check out our Seller Paid Points Video) …
It’s important that you know what are the key components & adjustments that could impact YOUR mortgage rate.
To learn more about Loan Level Price Adjustments and how they will impact your RATE LOCK – Check out the video below.
🖊Michael Anthony St.Claire, MLO⠀