Points or No Points ??

The length of time you need to borrow the money has a profound impact on the entire mortgage process. The answer to that question is the key to selecting the right components to your total loan package. A true mortgage strategist will help you answer the question of whether you should be paying upfront points. This process of determining how long the money will be borrowed for should take some effort and honest deliberation. This is as critical of a decision as any other life planning event. The correct answer to points and program is based upon each individual’s needs, plans, goals, and desires. Is there a life changing event in the foreseeable future? That event could be job transfer out of town, marriage, divorce, children, retirement, investing, additional schooling out of town, etc…Points vs. No Points--Points are often a misunderstood concept ..........

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Thorsten Bernacki

Envoy Mortgage