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West Virginia FCU
West Virginia FCU
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  • Int - Babcock Pan - F
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FAQs


What are points?

Points are finance charges paid to the lender as part of the closing costs.  Each point equals 1% of your total mortgage loan.  Points can be negotiable and are sometimes tied to your interest rate.  Paying more points to get a lower interest rate may be a good idea if you plan to take a long-term loan. 

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