18. Discount points are interest payments made at the beginning of a loan. A) True B) False 19. are fees paid directly to the lender at closing in exchange for a reduced interest rate. A) Market rates. B) Collaterals C) Discount Points D) Down payments 20. The most common credit score is called Moody's credit rating score or MICO. A) True B) False 21. The rule of thumb for qualifying a borrower in mortgage market is that the loan payment should not exceed 50% of gross monthly income. A) True B) False