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Re: Dragon Lady post# 44608

Tuesday, 12/25/2018 11:52:15 PM

Tuesday, December 25, 2018 11:52:15 PM

Post# of 72603
#1 is incorrect. A point of a loan amount based on commission values is worth .0001 times the loan amount which will equal your dollar amount valued. It’s based on a 100 scale. Many Loan Originators make 80 points which is equal to .008 times loan amount. If you are talking about 1 to 1.5 points that is .0001 to .00015 times loan amount.

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