Mortgage Loan-Level Price Adjustment Comparison
LLPA Pricing Comparison Tool Loan-Level Price Adjustment is a pricing adjustment made […]
Category: Conventional Loan
Conventional loans have minimal to no mortgage insurance and are offered as low as 5% down.
What is Mortgage Recasting?
A recast is when you make a lump-sum payment toward the principal of your loan to reduce your mortgage balance, and your mortgage lender subsequently recalculates your payment.
What is a PIW?
When an appraisal is waived on a conventional mortgage transaction, it’s known as a property inspection waiver.
Waiving Escrow For A Mortgage
Waiving Escrows When you buy or refinance a home with a mortgage, […]