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Shawn Allen headshot

Shawn Allen

Loan Officer
Movement Mortgage
NMLS ID # 1551692

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.' 

Shawn Allen headshot
Shawn Allen
Loan Officer
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1344 N. Main Street, Blacksburg, VA 24060
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NMLS # 1551692

State License #VA-MLO-31593VA, WV-LO-1551692