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Renato paz headshot

Renato Paz

Loan Officer
Movement Mortgage
NMLS ID # 164585

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.' 

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Renato paz headshot
Renato Paz
Loan Officer
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8024 Calvin Hall Rd, Indian Land, SC 29707
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NMLS # 164585

State License #AL-50427, AR-164585, AZ-1001056, CA-DFPI- CA-DOC164585-CA DFPI under the California Residential Mortgage Lending Act, DC-MLO164585, FL-LO29447, GA-164585, IA-39515, IL-031.0062670, IN-DFI-46957, KS-LO.0039274, LA, MD-26-28424, MI-164585, MN-MLO-164585, MS-164585, NC-I-149139, NE, NJ - licensed by the N.J. Department of Banking and Insurance, NM, OH-MLO.038648.004, PA-50013, RI, SC-BFI-MLO-164585, SD-MLO.12162, TN-107640, TX-SML, VA-MLO-7267VA, WA-MLO-164585, WI-164585