Discount loan

Discount loan

A discount loan is a mortgage where the buyer has been given a reduced rate on a home loan when paying extra cash at closing. By purchasing mortgage points at closing, where each point equals one percent of your total loan amount, you can receive a discount loan.

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Loan Type Today
15 yr fixed 4.72%
30 yr fixed 5.16%
5/1 ARM 4.60%

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