23 TermsHome > Terms > English, UK (UE) > No-point loan
No-point loan
A loan with no "points". The interest rate on such a loan will be higher than a loan with points paid. Also sometimes refers to a refinance loan where closing costs are included in the loan.
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- Part of Speech: noun
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- Industry/Domain: Real estate
- Category: General
- Company: Coldwell Banker
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