UPDATED Mortgage Fee Structure Changes - FULL BREAKDOWN
There's some big changes coming to mortgage fee structures for conventional loans, but how will these loan level pricing adjustments make things more expensive (or cheaper) for you to buy a home in 2023? More importantly, how can you use some creative financing to get around these changes all together?
In this video, you'll learn about these new mortgage fee structure changes coming to conventional loans starting May 1, 2023, why they've made these adjustments, how much it will cost the average home buyer, and what YOU can do to avoid them all together.
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Boring legal stuff:
Licensed by the California Department of Business Oversight NMLS 1410686, a Licensed Representative of American Mortgage Network NMLS 1833427 Equal Opportunity Lender. All thoughts and opinions are my own, not of my company. Any rates, terms, programs, etc. mentioned in these videos are hypothetical and are not an advertisement or promise to lend. Your actual mortgage terms might vary based on qualifications. Always consult a licensed mortgage professional in your area.