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Updated 8 days ago on .

User Stats

218
Posts
39
Votes
LaMancha Sims
  • Lender
  • Atlanta, GA
39
Votes |
218
Posts

What are Points on a Loan?

LaMancha Sims
  • Lender
  • Atlanta, GA
Posted

Many investors get confused by 'points' in a loan. Think of it as pre-paid interest to the lender for securing your capital. 1 point = 1% of the loan amount. It's a common cost for the speed and flexibility of private capital. Got other lending questions? Ask below in the comment section! ⬇️

  • LaMancha Sims
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Sims Ventures.
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