Early in 2023, the Federal Housing Finance Authority (FHFA) announced some changes to what are called loan level price adjustments (LLPAs). This made conventional loans more expensive and at the same time FHA loans were becoming cheaper after slashing their mortgage insurance rates by 35%. Learn how this affects your buyers in this weeks 10 Minute Tuesday.
~Rob
Mortgage & Real Estate News, Info, and Q&A
100% Facts, 0% Fluff
Quick and concise news, updates, and tips relevant to the mortgage and real estate market delivered in bite-size chunks in 10 minutes or less! Q&A after each presentation.
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Robert Breiner. Licensed Loan Officer NMLS# 1199942 | BRE# 01960372 Golden Bear Capital Inc. DBA Click Mortgage | 10174 Old Grove Road Suite 140, San Diego, CA 92131 | Phone: 888-440-3001 | Fax: 888-500-5815 Golden Bear Capital Inc. DBA Click Mortgage (NMLS# 284021) is licensed by the California Department of Business Oversight (CFL License# 603H185) and the California Bureau of Real Estate (License #01847011), Nevada Division of Mortgage Lending License #4043), Utah Division of Real Estate (License #6332409), Washington Department of Financial Institutions (CL-284021).
We are licensed to lend in the following states: Arizona, California, Colorado, Florida, Missouri, Nevada, Texas, Utah, & Washington | NMLS Consumer Access