Discount points should be disclosed on the Closing Disclosure on page 2, in Section A, which is where borrower-paid costs related to the loan terms, including mortgage discount points, are listed. Lender-paid buydowns or temporary buydowns are typically disclosed in Section A as paid by others with an indication (L) for lender-paid. Seller-paid buydowns, if present, are usually disclosed in Section H under the seller's column. In summary:
- Discount points (borrower-paid) appear on Page 2, Section A.
- Lender-paid buydowns appear on Page 2, Section A, marked as paid by other (L).
- Seller-paid buydowns appear in Section H in the seller's column.
This setup ensures clarity on who is paying discount points or buydowns and complies with disclosure requirements.