The APR should match the base interest rate (zero discount points). If closing costs related to lending are involved, the APR will be higher than the interest rate. However, just because a lender is offering a loan with the interest rate matching the APR does not mean the loan has no closing costs.
Our APRs do not reflect CapCenter's full savings because CapCenter waives or reduces many fees that are not typically calculated in the APR. We also showcase our base rates with low or zero closing costs while other lenders showcase rates with discount points. When choosing a lender, we recommend a comprehensive comparison that includes non-lender closing costs for a more holistic comparison.
Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.Yes No No results found