Yes, if you plan to stay in the property for a least a few years. Paying discount points to lower the loan's interest rate is a good way to lower your required monthly loan payment, and possibly increase the loan amount that you can afford to borrow. However, if you plan to stay in the property for only a year or two, your monthly savings may not be enough to recoup the cost of the discount points that you paid up-front.
We've been helping customers afford the home of their dreams for many years and we love what we do.
9317 Firestone Blvd
Downey, CA 90241
Powerhouse Mortgage Inc strives to ensure that its services are accessible to people with disabilities. Powerhouse Mortgage Inc has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities, with the strong belief that every person has the right to live with dignity, equality, comfort and independence.
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