LLPA. Learn How to Save Thousands of Dollars!
Mortgage Loan Borrowing – Pay $100 Now, Save $10,000? Knowledge about Loan Level Pricing Adjustments ( LLPA ) can show you how paying an extra $100 now may save you $10,000 or more in payments for your mortgage on a $200,000 loan or more than $25,000 on a $500,000 loan. If you are not familiar with an LLPA, you may be paying too high of an interest rate on your loan! You will not see these costs on your Loan Estimate, but they may be there in your rate! LLPAs are covered in detail in Winning Mortgage, Winning Home. You may be able to reduce the charges and lower your rate. Don’t borrow for a home without reading this book!
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