One-point means 1 percent of your amount borrowed
One-point means 1 percent of your amount borrowed Origination Commission: the newest fees to own originating financing; is oftentimes calculated in the form of factors and you will repaid from the closing. Toward a conventional financing, the borrowed funds origination commission ‘s the quantity of factors a borrower pays. Ownership: possession was recorded by action …
One-point means 1 percent of your amount borrowed Read More »