Introduction to Mortgage Origination Examinations Training

3/7/2025

Internal Use Only

Loan Level Pricing Adjustment (LLPA)

Credit Score

LTV Ratio

DTI Ratio

Loan Type

Second or Investment Homes

Property Type Number of Units

Loan Purpose

Down Payment

Occupancy

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Internal Use Only

Par Pricing – What is par? A pricing model that measures interest rates on a scale with par equaling 100.00 OR 0.At par, a lender or borrower pays no money and makes no money .

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