"Debate in the office today... our rate sheet has us add in some circumstances 4.5% to add to the cost for the rate to do a fannie refi plus, but the sheet also notes: "add-ons not to exceed 1.75%"... does this mean no more than 1.75% in points and the rest must come in rate or we can't add on more than 1.75% total? Let me know your thoughts."
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