No. of Recommendations: 1
I will invite someone to correct me on this as I am new to homebuying but here's what I believe I understand -- maybe this will help.

1. Origination fees range from about 1/2 to 1% so this is not high.

2. Jumbo loans are outside of the Fannie Mae conventions and generally come with higher rates. With or without a point buydown, that rate seems quite competitive to me, however.

Anyone else?

- D
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