Our Westside branch location will be closed on Friday, July 23 and will reopen Monday, July 26.
All other branches are operating from 9:00 a.m. to 5:30 p.m. We also offer assistance through scheduled appointments.

What does it mean when people pay for points to decrease their interest rate?

Mortgage points, also known as discount points, are fees paid directly to the lender at closing in exchange for a reduced interest rate. Olyfed does not have a program in place to allow borrowers to purchase points.

Category: Home Loans