What is the maximum amount of points Better Mortgage would charge on any given loan?
At Better, borrowers can purchase discount points at closing to lower the interest rate of any mortgage. Fannie Mae guidelines state that the maximum amount of points that can be charged to a customer is 3% of the loan amount, but at Better Mortgage the points cannot exceed 2.5% of the loan amount. For a personalized look at the rates you qualify for, get pre-approved.