DISQUS

The XBroker: APR- The Annual Percentage Runaround

  • Surviving A Recession · 9 months ago
    Not to sound daft here but you threw out two acronyms that I am not very familiar with PAR and YSP. I am assuming that PAR is the rate at which the wholesaler purchased the mortgage. But, I haven't the faintest idea what YSP means.

    Many of the mortgage brokers that I have spoken to really only wanted to just get the deal done. Never mind whether or not it was a good deal for me.

    I would have to agree, you definitely have to check closing costs. More often than not you will find mistakes in your favor.