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Sarah Riley headshot

Sarah Riley

Branch Leader
Movement Mortgage
NMLS ID # 180007

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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Sarah Riley headshot
Sarah Riley
Branch Leader
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340 E. Sunset Way, Ste 205, Issaquah, WA 98027
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NMLS # 180007

State License #CA-41DBO-180031, WA-MLO-180007