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2. Mortgage points: What are they and how do they work? - AOL

   www.aol.com/finance/mortgage-points-192840885.html

   In this example, the borrower bought two discount points costing 1 percent of the loan principal, or $3,200 each. By buying two points for $6,400 upfront, the borrower’s interest rate shrank to ...

3. Mortgage Points: What Exactly Are They? - AOL

   www.aol.com/finance/mortgage-points-exactly...

   A mortgage point is prepaid interest equaling 1% of your loan amount, paid in exchange for an interest rate reduction. An interest rate is the percentage of your loan amount charged by the lender ...

4. Discount points - Wikipedia

   en.wikipedia.org/wiki/Discount_Points

   Discount points. Discount points, also called mortgage points or simply points, are a form of pre-paid interest available in the United States when arranging a mortgage. One point equals one percent of the loan amount. By charging a borrower points, a lender effectively increases the yield on the loan above the amount of the stated interest rate.

5. Mortgage Points: When It's Smart to Pay More Upfront - AOL

   www.aol.com/2012/05/16/mortgage-points-pay-more...

   Mortgage points provide an opportunity for borrowers to. Pay more now for a chance to save much more later? That's the idea behind paying "points" on a mortgage loan. But it doesn't necessarily ...

6. Loan-to-value ratio - Wikipedia

   en.wikipedia.org/wiki/Loan-to-value_ratio

   Finance. The loan-to-value ( LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. In real estate, the term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property.

7. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value ). Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are ...