Intro to Mortgage Origination Examinations - June 2022

First page Table of contents Previous page 220 Next page Last page

Rate Lock Pricing & Terms

• At, below, or above Par • Rebate vs. Discount • Loan Level Price Adjustments (LLPAs)

39

Rate Lock Documentation

• Rate Lock Confirmation • Rate Sheet

40

Made with FlippingBook - Online Brochure Maker