How to solve discount points problems on the real estate exam. Here are the steps: 1) find the loan amount. You can find the loan amount by multiplying the sales price by the LTV Ratio. ($225,000 x 75%) 2) Now that you have the loan amount, you can apply the points. ($168,750 x 2.5%) 3) Thats it! You got this 🤓 #discountpoints #discountpointsexplained #realestateexam
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