Can a Lender Charge You a Discount Point on Mortgage Loans in Pennsylvania?

Answer Two kinds of points can be included in a mortgage. One is called an origination point; the other is a discount point. Each of these points usually equals 1/100 percent of the amount borrowed. If yo... Read More »

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What is a mortgage discount point?

Mortgage points are a cost paid when you close your mortgage. The more points you pay the lower your interest rate will be.SizeEach mortgage discount point costs 1 percent of the loan. For example,... Read More »

How to Choose a Mortgage Lender?

After weeks, or months, of searching, you've found the property you've been looking for. Now what? It's time to start the mortgage process. It's not as difficult as you might think. Just take it on... Read More »

Is Priceline Mortgage a lender? has a home financing service that allows users to receive mortgages at the prices and terms of their choice. It is not an actual lender, but it does allow customers to find lenders w... Read More »

What is a correspondent mortgage lender?

There are a few ways to secure mortgage financing to buy a home. The most common method is making an application through one of three entities: a mortgage lender, a mortgage broker or a corresponde... Read More »