How to Add Bonafide Discount Points.

Below is a procedure on how to add bonafide discount points and a portion of points.

To make ALL of the points bonafide please go to the disclosure section > cost details > Section A > Un-check the QM box > Save changes.




To mark a portion of the points as bonafide. Please un-check the same QM box for the discount points. Then, in the Additional section > High-Cost section > enter the Pre-Discounted rate (lowest rate possible before discount points are applied) > save changes.