Real Estate Guides 
Become a VIP Buyer
Mortgage Rates
| What is a point? |
|
|
| Written by Clancy Fort | |
| Thursday, 22 November 2007 | |
|
One point is equal to 1% of the new loan amount. Whenever government regulation, state usury laws and/or competitive practices prohibit the lender from charging a rate of interest that would make the real estate loan competitive with other fields of investments, the lender must seek some method of increasing the yield for the investors. By charging "points", the lender can bring the real estate loan up to those other investments.
One point is equal to 1% of the new loan amount. Whenever government regulation, state usury laws and/or competitive practices prohibit the lender from charging a rate of interest that would make the real estate loan competitive with other fields of investments, the lender must seek some method of increasing the yield for the investors. By charging "points", the lender can bring the real estate loan up to those other investments.
|
|
| Last Updated ( Thursday, 22 November 2007 ) |
Tags
| < Prev | Next > |
|---|
Pictures of Orange County
Orange County Featured Articles
- Real estate is one of the most uniquely beneficial investment vehicles available and also one of the safest investments you can make. You don’t hear of very many real estate investors going bankrupt. How come? The real estate market moves slowly and because it moves slowly it gives you the time to protect yourself against adverse markets. Read more...
- A house that "sparkles" on the surface will sell faster than its shabby neighbor, even though both are structurally well-maintained. From experience, REALTORS® also know that a "well-polished" house appeals to more buyers and will sell faster and for a higher price . Additionally, buyers feel more comfortable purchasing a well-cared for home because if what they can see is maintained, what they can't see has probably also been maintained. Read more...
Search and Valuation
| Home Search |
| Featured Properties |
| Hot Properties |
| - - - - - - - |
| Residential Income Search |
| - - - - - - - |
| Property Valuation |
Contact Us
Call Toll Free
1-888-801-6050
or Click Here!
Featured Properties
Contributor Login
Real Estate Investor's Guide
- Owning income property is having a small business that runs…
- What the heck is a mature property? A mature property…
- Real estate is one of the most uniquely beneficial investment…
- Wow…do you get lots of great tax breaks. Real estate…
Home Seller's Guide
- In every transaction there is usually a request for repairs…
- So, you've prepared your home to sell and have put…
- Once you've been given an estimate of market value, you…
- In setting the list price for your home, you should…
- A house that "sparkles" on the surface will sell faster…
Home Buyer's Guide
- Everyone wants a good deal when they go out to…
- Choices, choices, choices...choosing whether to continue renting or to own…
- Getting the neighborhood right is as important as finding the…
- When you make an offer, you will need to put…
© Fort Real Estate 2004 - 2008
WorldVentures Travel | WorldVentures DreamTrips | Make a Living...Living WorldVentures
WorldVentures Travel | WorldVentures DreamTrips | Make a Living...Living WorldVentures