When the note rate on a loan is less than the market rate, the lender requires additional points to raise the yield on the loan to the market rate.
It is always important to work with an experienced mortgage professional working with divorcing clients. A Certified Divorce Lending Professional (CDLP™) can help answer questions and provide excellent advice.
Please don’t hesitate to reach out to me directly to provide additional information.
Global State Mortgage powered by APM // NMLS #1850
Not Available in New York
CLICK HERE to open the accessibility menu
Licensed by the Dept Financial Protection and Innovation under the CRMLA
© 2024 Iowa Divorce Mortgage Expert - Lisa Severseike. Website Managed by LoanSites