Alternative

Rates & Compensation


Rates effective as of May 3, 2021 @ 11:59 pm ET. | Teal Indicates Recent Change

RATES
A - B
Term/Credit 680+ 650+ 500 to 649
1 Year Fixed 2.79% 2.99% Starting at 3.24%
2 Year Fixed 2.89% 3.09% Starting at 3.34%
3 Year Fixed 2.99% 3.19% Starting at 3.44%
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COMPENSATION MATRIX
1 Year Fixed 2 Year Fixed 3 Year Fixed
Standard Compensation 70 bps 80 bps 110 bps
Promo Compensation (500-599 credit)* 85 bps 95 bps 125 bps
*Compensation listed above includes the additional 15 bps. New deals only, application must be submitted between May 3rd – August 31st, 2021. Primary credit score must be 500-599, fully income qualified, owner occupied, and conforming loans only. Check out our A- & B criteria below. Rates & compensation are subject to change at any time and without notice.


A- (680+) Buydown Matrix


Please note compensation & rate in your deal notes.

Min. 680 credit, 20bps premium for BFS Assist. Full A- criteria applies.
1 Year Fixed
Rate Compensation
2.59% 50 bps
2.69% 60 bps
2.79% 70 bps

10bps in rate = 10bps in compensation

2 Year Fixed
Rate Compensation
2.69% 40 bps
2.79% 60 bps
2.89% 80 bps

10bps in rate = 20bps in compensation

3 Year Fixed
Rate Compensation
2.79% 60 bps
2.89% 85 bps
2.99% 110 bps

10bps in rate = 25bps in compensation





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