Tag: closing costs

Discount Points

One of the most misunderstood aspects of getting a home loan is that of discount points.  There can be some confusion when the fee is referred to by many different names. “Points”, “Discount Points”, “Discount” and “Investor Fee” are just a few of the names referring to the same thing.  For the most part that confusion has

Why pay for title insurance?

Many Buyers and Sellers wonder about that ‘title insurance’ charge on the Settlement Statement.  The Seller buys a policy for the Buyer and the Buyer pays for a policy for their Lender (if they are getting a mortgage).  So what is it and why? What is title insurance? Title insurance protects a policyholder against challenges