Home Blog About Our Team Contact Careers Resources & Programs Calculate your loan Find your interest rate Options to Buy Points What is a Point, or Discount Point? A point, otherwise known as a discount point, is an upfront fee that lowers your annual interest rate. One point equals 1% of the total loan amount. Discount points can vary from 1% to 3.5% on a 30-year fixed loan. They are also known as “loan origination fees” or “premium fees.” Homeowners who are unsure of their long-term financial situation can choose to buy points to lower their interest rate. NO POINTS NECESSARY ON MOST LOANS DUE TO ALL-TIME LOW RATES TAKE ADVANTAGE OF NO POINTS! CLICK HERE Find the best loan for you. Getting Started Getting Qualified What We Can Do For You How to Speed Up the Loan Process Options to Buy Points Needs List Loan Options 30-Year Financing 15-Year Financing HARP Refinance FHA VA Home Loans for Veterans in Hawaii Adjustable Rate Mortgage (ARM) Reverse Mortgage Purchase a Home Refinancing Resources Useful Links Glossary Testimonials "I highly recommend Kama'aina Mortgage Group only if Great & Timely Service, Professionalism & good rates matter to you." - T.N. of Mililani, HI Read More Testimonials! Join Our Newsletter Our newsletter will supply you with all the updates you need in the search for your new home! Email Address: * Kama'aina Mortgage Group Inc. Company NMLS: 1276471 808-426-7661 7 Waterfront Plaza 500 Ala Moana Blvd., Suite 7400, 427A Honolulu, HI 96813 808-426-7661 Toll free: 833-KMG-HI50 or 833-564-4450 Branch Addresses: 10620 Treena St. Suite 230 San Diego, CA 92131 8000 IH 10 West Suite 600 San Antonio, TX 78230 Licensed in CA, CO, HI, FL, TX, and WA To verify our agent’s license number and status, please click on the link below: Programs 30-Year Financing 15-Year Financing HARP Refinance FHA VA Home Loans for Veterans in Hawaii Adjustable Rate Mortgage (ARM) Reverse Mortgage Purchase a Home Refinancing Calculators Debt Consolidation Calculator Home Affordability Calculator Loan Payment Calculator Mortgage Payment Calculator Refinance Calculator Blog 10 Year Fixed Rate Mortgage A little Known Way to Cut your Mortgage Payments A New Lifeline For Would Be Home Buyers Aloha KMG family Bidding War Buy Now: Hawaii Homes Affordability Window, Closing! Check out our new KMG Commercial Credit Score Killers HARP Loan HARP versus HAMP How and Why to Get Preapproved for a Mortgage How To: Shabby Chic Bedroom Refurbishment Kama’aina Mortgage Group dominates 2013 Lending Games Competition Oahu Condominiums Reach Record Sales Tips For First Time Home Buying Ways To Shave Off Your Mortgage Payment © 2021 Kama'aina Mortgage Group | glossary | privacy policy | legal Kama'aina Mortgage Group Inc. is committed to ensuring that our website is accessible to everyone. We continuously seek to enhance our website, and increase the accessibility of our digital content, for all of our customers. If you have an accessibility-related question or comment, or if you are having difficulty accessing information on this website, please email us at christine@kmghawaii.com so that we can provide you with the information you need through alternative means.