I’m getting an FHA loan from B of A/Countrywide and want to know what their point system is? Can anybody expla?
Trying to get a first time home buyer loan in Las Vegas, NV and want to know what B of A/Countrywide will charge me in their point system that would increase my monthly loan payment. Can anybody help?
One Response
blibityblabity
10 Feb 2010

The only person that can help you is your loan officer. Once he tells you what you are going to be paying, then I suggest posting the fees on here and asking if it’s to much. Generally when you are dealing with a bank, you are going to get a middle deal. Not the best deal, but you aren’t going to be getting ripped off.
Loans cost money. Banks generally don’t cost as much in closing costs, because they give you a slightly higher interest rate.