points) The purchase of a home will require a $475.000 mortgage. The loan officer presents several financing plans, however, the three you find most attractive are the following: Assuming a reinvestment rate of 0% how many months Years Coupon Rate P oints would it take to pay-back the positive points? Explain the Option 2 30 5% O or par homeowner strategy for best taking advantage of each Option 3 30 544 11 positive alternative. What are the two conditions needed to take advantage of positive points? points) The purchase of a home will require a $475.000 mortgage. The loan officer presents several financing plans, however, the three you find most attractive are the following: Assuming a reinvestment rate of 0% how many months Years Coupon Rate P oints would it take to pay-back the positive points? Explain the Option 2 30 5% O or par homeowner strategy for best taking advantage of each Option 3 30 544 11 positive alternative. What are the two conditions needed to take advantage of positive points