Applying for a new credit card or loan initiates a hard pull on your credit report that can lower your credit score, which can then impact your eligibility for a mortgage, or the final interest rate you're offered. (inc.com)
Generally, purchasing mortgage points and accepting lender credit are the two different ways in which you can choose between up - front payment and final interest rate. (valuepenguin.com)
However, this was partly because Dollar Bank provided no zero - point mortgages, meaning that its advertised rates included the effect of purchasing mortgage points in order to lower the final interest rate. (valuepenguin.com)