Loan-Level Pricing Adjustments (LLPA): A Complete Guide For Mortgage Borrowers
Carissa Abazia2020-05-05T14:23:06-07:00Loan-Level Pricing Adjustments (LLPA) A loan-level pricing adjustment (LLPA) is a risk-based fee assessed to mortgage borrowers using a conventional mortgage. Loan-level pricing adjustments vary by borrower, based on loan traits such as loan-to-value (LTV), credit score, occupancy type, and number of units in a home. Borrowers often pay LLPAs in the form of higher [...]