Plaza News + Updates

[Download] Your New LLPA Reference Guide

Posted by Plaza Home Mortgage on February 23, 2023
Plaza Home Mortgage

At first glance, the new LLPAs, effective May 1, 2023, for Fannie Mae® and Freddie Mac loans, can seem daunting. That’s why we’ve created an LLPA Reference Guide to help break it down for you!

This guide shares how the new price adjustments compare to previous ones, showing areas where pricing went up or down.

Currently all new 60-day Conventional locks for Plaza Home Mortgage® will utilize the new LLPAs. See the following timeframe for other lock periods:

  • March 3, 2023: 45 and 60-day locks
  • March 17, 2023: 30, 45 and 60-day locks
  • April 1, 2023: 15, 30, 45 and 60-day locks (all new locks regardless of the term) 

Download the LLPA Reference Guide or reach out to your Plaza Account Executive if you have any questions.

Topics: Wholesale News, Plaza at a Glance, Mini-Correspondent News, Government Loans

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