True or False: Payment of points is a condition for making a real estate loan.

The correct answer to the question is that payment of points is not a mandatory condition for making a real estate loan, making the statement false. Points, or discount points, typically represent upfront fees paid to lower the interest rate on a mortgage. While some lenders may require points as part of their loan structure, it is not a universal requirement across all real estate loans. Many loans can be secured without points, depending on the lender's terms and the borrower's financial situation.

Additionally, the other options reflect different contexts in which points might or might not be applicable. For instance, the idea that points are only required in certain states or for specific types of loans (like government loans) does not align with the broad regulations governing lending practices. Ultimately, it is key to recognize that while points can be a common feature in real estate loans, they are not an obligatory condition for obtaining a loan, hence the statement is false.