The Impact of Loan Level Price Adjustment Fees

Loan level price adjustment fees came out of 2008, which was a very risky lending environment. If you are a 780 or above borrower under these new rules and you put 20% down, your fee went down. But if you're putting 25% down, you're going to pay zero in these new fees. So that group 780 and above generally benefited. And then everyone in the middle, it kind of is this graduated system where the lower your score, the more you're Going to Pay.

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