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Biden's Good Credit Mortgage Penalty, LLPAs Explained, Help not Hype

Biden's Good Credit Mortgage Penalty, LLPAs Explained, Help not Hype
Apr 30, 2023 · 50m 48s

LLPAs, are they really a good credit tax to subsidize bad credit borrowers? Feels like Robinhood to lots of people. Tax the good credit borrowers to fund a discount for...

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LLPAs, are they really a good credit tax to subsidize bad credit borrowers? Feels like Robinhood to lots of people. Tax the good credit borrowers to fund a discount for bad credit.

This has gottne lost of press over the last several days. Mark has spoken on the topic to several Realtor groups and has been interviewed on other radio shows and podcasts during the past week.

What is going on, how does this make sense, and why is it happening?

Mark deep dives the LLPA fees and what they actually mean to you. Good. bad, right, or wrong, we're stuck with them for now and people need to know any and all work arounds.

He also takes your questions on this week's show. Jen's woman-ing the anytime hotline and Mark answers all your real estate and mortgage questions: in this episode of “The Mr. Mortgage Show”- Hosted by Mark Eitel. Live Saturdays & available every day 24/7 on your favorite podcast networks. Check out the Show at www.MrMortgageRadio.com for more information or call/text 1-855-462-7292 the anytime hotline.
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