Discount points, lender credits and buydowns, weighed on your own numbers
Find them on paper
Point made
On the Loan Estimate, points appear on page two under Origination Charges as a percentage of the loan amount and a dollar figure. Lender credits appear on page two in the section that calculates cash to close. Ask each lender for estimates at the same rate, or at the same points, so you compare like with like.
Last reviewed against the primary sources listed below.
Same-day comparison
- Ask two or more lenders for estimates on the same day.
- Request one version with no points and one with points.
- Compare the rate, points and total loan costs.
Points and credits, answered
Where are discount points on the Loan Estimate?
In section A, Origination Charges, on page two.