how do loan points work  - EO's Award-Winning Magazine

Octane Magazine Covers

Loan Origination - The Truth About Mortgage.com
Loan origination refers to the mortgage application process, which includes . These originators may work on behalf of individual mortgage brokers, or for large . You want your loan to close and they get paid when it does. . They are broken down into mortgage points, which are expressed as a percentage point of the loan .
http://www.thetruthaboutmortgage.com/mortgage-dictionary/loan-origination/

Frequently Asked VA Loan Questions from Veteran Loan Center
How does a VA home loan work? Banks . Well, one of the biggest selling points for VA loans is that there are usually no down payments required. While you do .
http://www.veteranloancenter.com/valoanquestions.htm

Straight Talk about Mortgage Loan Points, Home Buying Information ...
These discount points are paid at the time the loan is closed. . mentioned earlier of 5.25 percent plus two points, here is an example of how points work: . Now, how do you know if paying points to lower your rate is to your advantage?
http://www.moneyinstructor.com/art/mortgagepoints.asp

How Points Work on Home Loans
How Points Work on Home Loans. Most people fear or dread the purchase of a new home simply because they do not understand points. Many times, potential .
http://www.loanratebusters.com/purchase/points.php


June 2012 Issue:

Download PDFs of past issues:

    Entrepreneurs' Organization

    Mortgage Modification
    Will bank modify loan on rental? Do you want to be honest with .
    http://www.bankrate.com/finance/mortgages/mortgage-modification.aspx


    How to Consolidate Loans: 11 steps - wikiHow
    Sep 6, 2012 . wikiHow - How to do anything . Unfortunately, it doesn't always work out that way. . Also keep in mind that such loans may include hidden fees such as " points" (a point equals one percent of the amount borrowed), that may .
    http://www.wikihow.com/Consolidate-Loans


    Hard Money: What is it and How do Hard Money Loans Work?
    Dec 8, 2006 . Hard Money: What Is It and How Do Hard Money Loans Work? . if you keep it over a year and 2 more points if you keep it less than a year.
    http://www.biggerpockets.com/renewsblog/2006/12/08/what-does-everyone-mean-by-hard-money/


    Loan Points - Loan Points Could Be a Tax Deduction - Deducting ...
    What are points and how do loan points work? How do points qualify as a tax deduction? Why buyers can write off loan points that sellers pay. How to write off .
    http://homebuying.about.com/od/marketfactstrends/qt/TaxDedPoints.htm


    jewelry essentials storage