Finance
Points on a mortgage loan are most commonly paid to:
AThe title company at closing
BThe lender to buy down the interest rate or as origination fees✓ Correct
COREC as a transaction fee
DThe appraiser for expedited service
Explanation
Points are fees paid directly to the lender at closing. Discount points buy down the interest rate; origination points are lender fees for processing the loan. One point equals 1% of the loan amount.
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