by root | Oct 23, 2023 | Insurance
Loan-level price adjustments, or LLPAs, are fees that influence the cost of a conventional mortgage based on a borrower’s risk level. LLPA fees lower mortgage pricing for low-risk borrowers while raising the cost for higher-risk borrowers. Here’s what you...
by root | Oct 13, 2023 | Insurance
Buying a home can be a path to building savings and putting down roots in a community. But with median home prices higher than $400,000 in the United States today, many people can’t take this step without borrowing money. That’s where a mortgage comes in....