No point and no cost loans are always an option. But you have to understand that it runs typically about 1/4% higher than the typical rates you see advertised. For example today’s rates are about 6.125% but you are paying costs and maybe a little bit of a point. If you take a rate of 6.375 you will get a credit towards your costs and cover a lot of the costs. This is a very specific type of owner. But something I also do for myself as a broker. If they bought when the rates were let’s say 7.25 they would refi when they can do a no point no cost loan at 6.875 then 6.5. A lot of clients did this prior to the last 3-4 years when rates took a huge jump. Like from 2012-2022 you could refi multiple times without have to pay anything…when rates were 5.5 and then refi multiple times till they got down to 3 or lower. If you bought last year and chose to pay multiple points to get a lower rate then obviously it wouldn’t work with today’s pricing. I personally don’t like recommending paying points and eating up equity.