Disaster Help Announcement
Have you been affected by the recent weather related disasters in Texas? Fairway Donates $1 Million for relief efforts and is making that assistance available to those who've been affected - Request Help Today
A point is equal to one percent of the principal amount of your mortgage. For example, if you get a mortgage for $165,000, one point means $1,650 to the lender. Points are usually collected at closing and may be paid by the borrower or the home seller, or may be split between them.