fha mortgage: How to finance and refinance Everett real estate. - 02/20/10 02:33 AM
Why Yield Spread Premiums can be a good thing for the consumer
YSP (yield spread premium) or also called rebate is very useful tool in financing or refinancing Everett real estate. For example I just did a refinance using an FHA mortgage.
I used the YSP to pay for my clients closing costs. I saved him a ton of money, and didn’t take a bunch of his equity to make the loan.
I used the YSP to save my client money, lower his payment and save his equity.
Some politicians want to eliminate the YSP because they don’t understand its … (2 comments)

 
James Johnson (Metropolitan Mortgage)

James Johnson

Everett, WA

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Metropolitan Mortgage

Address: 2901 Everett Ave, Everett, WA, 98201-3810

Office: (425) 346-0830



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