Announcement: Best Efforts LLPA Updates

Effective March 28th to our Best Efforts Rate Sheets for Delegated and Non-Delegated.
The following updates have been made to the PHH Conventional Loan Level Price Adjustments grids:

  • Enhancements:
    • Credit Score
    • Loan to Value
    • Loan Amount
    • Loan Feature
  • New Channel Origin grid added for future use
  • Removal of TIER grid

New Conventional PHH LLPAs

The following updates have been made to the PHH Government Loan Level Price Adjustments grids:

  • Enhancements:
    • Credit Score
    • Loan-to-Value
    • Loan Amount
  • New grids have been added for the following:
    • Debt-to-Income (DTI)
    • Other adjusters
    • Channel Origin for future use
  • Removal of grids for Tier and Product Type

New GNMA PHH LLPAs

If you have any questions, please contact your Regional Sales Executive, or contact us via the support line 1-800-929-4744, Email inquiries can be sent to  PHHCorrSupport@PHHMortgage.com or RateLock@PHHMortgage.com.

Thank you for your continued business.