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Tag Archives | Risk-Based Pricing
Loan-level pricing adjustments add to mortgage costs

Loan-Level Pricing Adjustments: The Reason You May Not Qualify for the Lowest Interest Rate

Loan-level pricing adjustments are mandatory loan fees based on a borrower’s specific default risk.

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Fannie Mae/Freddie Mac Mandatory LLPA Fees Prevent Borrowers From Getting Their Absolute Lowest Rate

Conventional California mortgage rates in the Inland Empire may be posting all-time lows this week, but that doesn’t mean you’ll be eligible for them. You may have already called your loan officer and found this out the hard way. It’s because of a federally-mandated mortgage-pricing scheme known as “loan-level pricing adjustments”.

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