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Bob Munsey headshot

Bob Munsey

Senior Loan Officer
Movement Mortgage
NMLS ID # 1093979

Mortgage Sense

Happy Festival-Goer

July 2, 2020

What are mortgage points & how do they work?

Discussing mortgage closing costs with a loan officer is pretty much a homebuyer's last opportunity to secure the best possible interest rate on a home loan. One way to lower that rate — and your monthly payments — is by purchasing 'mortgage points.' 

Bob Munsey headshot
Bob Munsey
Senior Loan Officer
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271 Waverley Oaks Rd suite 304, Waltham, MA 02452
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NMLS # 1093979

State License #MA-MLO1093979, NH