tiered pricing/lender credit
Effective with reservations made on and after June 16, 2014, CHFA is pleased to offer more pricing flexibility through a Tiered Pricing/Lender Credit on our Conventional products. Lenders will be reimbursed for the lender credit to the borrower of 1 percent or 2 percent of the total loan amount at the time CHFA purchases the loan. Such lender credit is for bottom line adjustments to reduce borrower settlement charges.
Click here to register for a mandatory 15-minute webinar and gain access to these tiered pricing/lender credit products