Mortgage points

January 14th, 2021

Bozeman Home Mortgage Financing

categories: BUYERS INFORMATION, MARKET NEWS

Bozeman Home Mortgage Financing

Steps to A Successful Bozeman Home Mortgage Financing Experience† Going about the home loan and mortgage process properly can save you thousands of dollars. Take time to understand the system and make educated decisions. Whether it’s a loan to purchase a Bozeman home, refinance a previous loan, or even buy raw land, the financing/lending process […]

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September 7th, 2020

Bozeman Mortgage Loan Points

categories: BUYERS INFORMATION, MARKET NEWS

Bozeman Mortgage Loan Points

What are Bozeman Mortgage Loan Points aka, “Mortgage Points” or “Discount Points?” What Is A Point? One point (essentially prepaying interest) allows you to buy down 1% of the total of your Bozeman home mortgage loan. A one point buy-down on a $300,000 loan would cost you $3,000 at closing and would result in up […]

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