What does it mean if a realtor offers to pay down the points?

Please clarify. Is the realtor saying he's willing to PAY the points of the loan?
Also, is the Realtor also a lender or loan broker?

This is what he said, "

You could possible do 100% financing and I could pay down the points.

Thanks

First, in saying these things without explaining fully, I'm leery of your agent... but that aside, I think I'm hearing two different things.

He's saying
1. he knows of ways for you to do 100% financing. That's no big trick. I've done it several times. There are many many ways to get real estate with nothing down.
2. I THINK he's offering to pay your points. "Buying down points" in my world usually means taking a higher interest rate to get less or no points... but that is not always to your benefit.

If I were you I'd grill him real good for details and numbers as to exactly what he's saying he can do for you.

Better yet: If he's not friend or family, get another real estate agent and talk to banks and loan brokers yourself for the financing options.

Thank you --

The real estate agent can not offer to pay any of these for you, that would be illegal ( at least in our state)

Not saying that some don't do things that are against the rules.
My advice to and talk to the broker over that real estate agency and discuss it with them,