Vintage Home Loan is about finding loan solutions for borrowers with unique situations. Call us today if you have been denied by another lender or have been told your situation does not fit another lenders' loan programs.
Yes, if you plan to stay in the property for a least a few years. Paying discount points to lower the loan's interest rate is a good way to lower your required monthly loan payment, and possibly increase the loan amount that you can afford to borrow. However, if you plan to stay in the property for only a year or two, your monthly savings may not be enough to recoup the cost of the discount points that you paid up-front.