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Updated over 16 years ago on . Most recent reply

Brad James's profile image
Brad James's profile image
Brad James
  • Developer
  • from falken, ks
  • Member since Aug 13, 2008
Connect

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Brad James's profile image
Brad James's profile image
Brad James
  • Developer
  • from falken, ks
  • Member since Aug 13, 2008
Connect
Brad James
  • Developer
  • falken, ks
0
Votes |
29
Posts
Private Lending & Conventional Mortgage Advice

Points and credits, what the heck?

Brad James
  • Developer
  • falken, ks
Posted

So the the best of my knowledge, points can either be a fractional % or a full % in the financing area. Is there a clear cut definition on points?

Also I have heard several time of a buyer asking for credits at closing. might I ask what this term means and how it would benefit the buyer or seller?

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