Posts Tagged ‘Loan Level Price Adjustments’
Loan Level Price Adjustments Explained
L.L.P.A’s (Loan Level Price Adjustments) are the algorithms that determine what a borrowers rate will be based on credit score, down payment and type of loan. Below is a grid for Conventional loans L.L.P.A’s per Fannie Mae Guidelines. The left most column is credit score, varying between 620 and 740 in increments of…
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