When it comes to taking out a mortgage, there are many terms you run into along the way that don’t exactly make sense. One of them is “Mortgage Points”. When talking about your mortgage rate and costs, the term Mortgage Points may not be something that’s ever come up before, and they can be either positive or negative for your situation. Check out what NerdWallet.com has to say about Mortgage Points in their article “Mortgage Discount Points: What You Need To Know”, and get a better understanding of what this term refers to!
If you need more help and understanding about Mortgage Points, who better to ask than a licensed mortgage professional! Call one of Marketplace Home Mortgage Loan Officers at (920) 328-0049 or email us at MHMGB@MarketplaceHome.com, and get in touch with someone who can help you understand the mortgage math!
*Photo Credits: Featured and Content Photos courtesy of Pixabay.com