Buying a house and earning points

[dudi]

+100. All this talk of how to explain $50 in VR... - doing BB/VR is completely unrelated to the OP's question.

AFAIK there aren't any points to be had when buying a house any more than when making any large purchase that doesn't take CC.

tnx that's all I wanted to know

[meshugener]

+100. All this talk of how to explain $50 in VR... - doing BB/VR is completely unrelated to the OP's question.

AFAIK there aren't any points to be had when buying a house any more than when making any large purchase that doesn't take CC.

-1
Capital One now has a 100k miles offer if you get approved for a Cap 1 mortgage, and Chase has a 1% cashback offer for first time homeowners getting approved for a Chase mortgage.

[MarkS]

-1
Capital One now has a 100k miles offer if you get approved for a Cap 1 mortgage, and Chase has a 1% cashback offer for first time homeowners getting approved for a Chase mortgage.

And what is their interest rate? Baiting someone with 100K points amd then charging them just a teeny bit higher rate than others is a losing deal for the customer.

Edit: Cap 1 rate for today is 4.25. According to bank rate the national average for today is 4.24. On a $300K loan its a $632 difference. Factor in that for a larger loan there will be a larger difference, it may be possible to find lower than 4.24 somewhere and that Capital 1 points arent that valuable....