How to Read a Wholesale Rate Sheet
Understanding the base price and LLPA grid tells you what a loan actually costs to fund.
Roland Vachon
Section
4 stories in Features.
Understanding the base price and LLPA grid tells you what a loan actually costs to fund.
Submitting the wrong documents costs lenders more time than borrower finances ever do.
Payoff figures and insurance binders determine whether closing happens on time.
Most refinance break-even calculations miss the real cost by ignoring loan resets.