Has anyone worked with Zero Point Mortgage company?

[Ashley Zhang]

Hi all, as the interest rate went up a lot recently, the cost of buying down points is pretty high too. Recently, someone mentioned Zero Points mortgage company which claims they dont charge on buying the points, and their interest rate is very competitive with the traditional lenders. They are a lender broker company. For example, for a house 400k, I was quoted for 4000 closing cost, 5.5 % interest rate, and no buying down point. Has anyone worked with them before? It sounds too good to be true!  Thank you!