Yield Spread Premium (YSP)

A Yield Spread Premium (YSP) is the compensation a lender pays a mortgage broker to sell a loan with a higher interest rate. Unless a borrower pays an origination fee for a mortgage loan, they most likely will pay a YSP (an interest rate above the market rate). The YSP is listed on the Loan Estimate and Closing […]

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Yield

The interest earned or return by an investor on an investment, stated as a percentage of the amount invested.

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