dti: New Risk Based Pricing. Rates go up 11/01 reguardless
- 08/28/08 11:32 AM
Effective November 1. The new LLPA aka. Risk based pricing goes into effect. Delivery to the GSA's increases .25%, and everything else changes. You can actually get a better rate putting down 10% rather than 20%, since most 20% down payers don't escrow. Read the full changes here: https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2008/0818.pdf It is almost atrocious.
Can you or your clients save money with a higher credit score?
How messed up is our credit scoring model and how can you take advantage of the problems?