 TITLE: Should I Buy Mortgage Points? CONTENT: You can buy mortgage points by making an arrangement with your lender before the loan closes. The fee for the points will be paid directly to the lender as part of your closing costs.\nWhen you receive the Loan Estimate document for your mortgage, you'll see the mortgage points separated as a line-item cost on the top left of page two. If your Loan Estimate shows that you're paying points and you didn't expect or want to, ask your lender about other options. They may be able to offer you a mortgage without points, but expect a higher interest rate in exchange. END