Changes to LLPAs: What Borrowers Need to Know Starting May 1st
Starting May 1st, changes to the fees associated with obtaining a mortgage will go into effect, impacting borrowers with lower credit scores and smaller down payments. The changes will make mortgages more accessible for these borrowers, by reducing Loan-Level Price Adjustments (LLPAs) for those with credit scores between 620 and 679, as well as for …
Changes to LLPAs: What Borrowers Need to Know Starting May 1st Read More »