Risk Based Pricing. How Mortgage Rates are Determined Property Location and Property Use
In the world of residential mortgage Risk Based Pricing (RBP), Property Location and Property Use are two factors that have nothing to do with the actual borrower, whereas the same borrower would receive two different sets of program and interest rate quotes depending [...]
Risk-Based Pricing (RBP) and Mortgage Rates.
Risk Based Pricing is quite simply, a pretty complex topic…so over a series of posts (I was going to throw up one long post but could hear heads hitting keyboards after trying to read the first 5 pages) I’m going to break down how each of these general factors and [...]
I owned a mortgage brokerage, real estate brokerage and construction business for 6 years, where I taught others to systematically deceive people like you who desperately needed sound financing, advice, and marketing for their real estate. And you know what? In the eyes of my clients, I WAS A ROCK STAR.
I was pulling [...]