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Updated over 4 years ago on .

Randy P.'s profile image
Randy P.'s profile image
Randy P.
  • Member since Jun 12, 2020
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Randy P.'s profile image
Randy P.'s profile image
Randy P.
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Randy P.
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Buying & Selling Real Estate

Loan-Level Price Adjustment (LLPA) Matrix Question

Randy P.
Posted

https://singlefamily.fanniemae.com/media/9391/display

On

Table 6: High LTV Refinance Mortgage Loans

If the sum of all applicable LLPAs exceeds the caps listed below, the excess will be waived at delivery.

Does this mean that there is a cap of 2% on LLPAs for 80%-90% and ? Wouldn't it be better to get a higher LTV if the LLPA since there is a cap are going to be lower?

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