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1Rate - 12123 Heritage Park Circle, Silver Spring, Maryland 20906 1Rate - 12123 Heritage Park Circle, Silver Spring, Maryland 20906

faq

The most common home loan and mortgage questions

Here are some of the most frequently asked questions regarding mortgages. If none of your questions are here, please contact one of our mortgage advisors.

Frequently Asked Questions

  • What is Lender Credit?
    Lender credit or Lender assistance is money provided to the borrower to pay for third-party fees that’s associated with the mortgage loan. This is sometimes referred to as reverse points.