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Updated over 7 years ago,

User Stats

10
Posts
0
Votes
Dean Hiller
  • Professional
  • Broomfield, CO
0
Votes |
10
Posts

What is 12 BE on a rate sheet?

Dean Hiller
  • Professional
  • Broomfield, CO
Posted

I got my MLO license this year and then went and also got a company license and then was recently approved by a wholesaler (yes, I am a masochist who likes being overwhelmed with information overload and figuring this all out).  In the rate sheets, I see a column labeled "12 Day BE" or "21 Day BE" or "30 day BE"  with numbers like 



-1.750%
-2.625%
-3.250%
-4.125%

What does this mean exactly?  Is that the cost?  

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