I'm looking at two lenders for home loans and both of them have nearly the same rate and apr, however, one also has a column for "points" with a number in it. From my understanding you can purchase points to lower the APR, but I've never heard of banks giving these out without paying for them. Are the apr and rate shown most likely after the points are applied? I'm not sure how to interpret this.
Submitted June 16, 2018 at 10:50AM by akromyk https://ift.tt/2JVslGO
